Joe Courtney bought Microchip Technology Inc (NASDAQ: MCHP)
Joe Courtney (D-CT), a U.S. Representative, has disclosed 2 trades in Microchip Technology Inc (MCHP) since 2019, 1 purchase and 1 sale, worth an estimated $16K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Joe Courtney bought $1,001 - $15,000 of Microchip Technology Inc (NASDAQ: MCHP) on December 31, 2019. Since that trade, MCHP is up +62.39% against the S&P 500 up +152.16%, an outperformance of -89.77%.
Across these filings, Joe Courtney has been a balanced trader of MCHP (a buy-to-sell ratio of 1.00). The most recent disclosed MCHP transaction shown was dated August 7, 2020. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Joe Courtney's MCHP trades vs the price
MCHP is up +62.39% since Joe Courtney bought on December 31, 2019, versus +152.16% for the S&P 500.
Performance since this trade
All Joe Courtney MCHP trades
Joe Courtney & MCHP trading FAQ
Is it legal for Joe Courtney to trade Microchip Technology Inc (MCHP) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Microchip Technology Inc (MCHP), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did Joe Courtney buy MCHP?
Joe Courtney disclosed a purchase of $1,001 - $15,000 of Microchip Technology Inc (MCHP) on December 31, 2019, according to public STOCK Act filings.
How has MCHP performed since Joe Courtney's trade?
Since Joe Courtney bought MCHP on December 31, 2019, the stock is up +62.39%, versus +152.16% for the S&P 500 over the same period, an outperformance of -89.77%.
How many times has Joe Courtney traded MCHP?
Joe Courtney has disclosed 2 MCHP trades since 2019 (1 purchase and 1 sale). Every disclosed trade is listed on this page.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional MCHP trades?
Quantellect tracks every disclosed congressional trade in Microchip Technology Inc (MCHP) on the Microchip Technology Inc congressional trading page, which aggregates filings across all members of Congress.
Joe Courtney's MCHP tradesAll congressional filings for Microchip Technology IncJoe Courtney's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.