Kenny Marchant bought Alibaba Group Holding Ltd (NYSE: BABA)
Kenny Marchant (R-TX), a U.S. Representative, has disclosed 1 trade in Alibaba Group Holding Ltd (BABA) since 2020, a single purchase, worth an estimated $8K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Kenny Marchant bought $1,000 - $15,000 of Alibaba Group Holding Ltd (NYSE: BABA) on October 23, 2020. Since that trade, BABA is down -61.76% against the S&P 500 up +127.58%, an outperformance of -189.35%.
Data updated
Kenny Marchant's BABA trades vs the price
BABA is down -61.76% since Kenny Marchant bought on October 23, 2020, versus +127.58% for the S&P 500.
Performance since this trade
All Kenny Marchant BABA trades
Kenny Marchant & BABA trading FAQ
Is it legal for Kenny Marchant to trade Alibaba Group Holding Ltd (BABA) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Alibaba Group Holding Ltd (BABA), 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 Kenny Marchant buy BABA?
Kenny Marchant disclosed a purchase of $1,000 - $15,000 of Alibaba Group Holding Ltd (BABA) on October 23, 2020, according to public STOCK Act filings.
How has BABA performed since Kenny Marchant's trade?
Since Kenny Marchant bought BABA on October 23, 2020, the stock is down -61.76%, versus +127.58% for the S&P 500 over the same period, an outperformance of -189.35%.
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 BABA trades?
Quantellect tracks every disclosed congressional trade in Alibaba Group Holding Ltd (BABA) on the Alibaba Group Holding Ltd congressional trading page, which aggregates filings across all members of Congress.
Kenny Marchant's BABA tradesAll congressional filings for Alibaba Group Holding LtdKenny Marchant'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.