John Hoeven bought International Business Machines (NYSE: IBM)
John Hoeven (R-ND), a U.S. Senator, has disclosed 6 trades in International Business Machines (IBM) since 2014, 4 purchases and 2 sales, worth an estimated $508K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: John Hoeven bought $50,001 - $100,000 of International Business Machines (NYSE: IBM) on April 18, 2018. Since that trade, IBM is up +126.44% against the S&P 500 up +205.30%, an outperformance of -78.85%.
Across these filings, John Hoeven has been a net buyer of IBM (a buy-to-sell ratio of 2.00). The most recent disclosed IBM transaction shown was dated October 21, 2019. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
John Hoeven's IBM trades vs the price
IBM is up +126.44% since John Hoeven bought on April 18, 2018, versus +205.30% for the S&P 500.
Performance since this trade
All John Hoeven IBM trades
Estimated profit is shown for buys only, marked to the latest close. It is an estimate and does not net later sells, taxes, or fees.
John Hoeven & IBM trading FAQ
Is it legal for John Hoeven to trade International Business Machines (IBM) stock?
Yes. Members of Congress are allowed to trade individual stocks, including International Business Machines (IBM), 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 John Hoeven buy IBM?
John Hoeven disclosed a purchase of $50,001 - $100,000 of International Business Machines (IBM) on April 18, 2018, according to public STOCK Act filings.
How has IBM performed since John Hoeven's trade?
Since John Hoeven bought IBM on April 18, 2018, the stock is up +126.44%, versus +205.30% for the S&P 500 over the same period, an outperformance of -78.85%.
How many times has John Hoeven traded IBM?
John Hoeven has disclosed 6 IBM trades since 2014 (4 purchases and 2 sales). 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 IBM trades?
Quantellect tracks every disclosed congressional trade in International Business Machines (IBM) on the International Business Machines congressional trading page, which aggregates filings across all members of Congress.
John Hoeven's IBM tradesAll congressional filings for International Business MachinesJohn Hoeven'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.