Kenny Marchant bought Bank of America Corp (NYSE: BAC)
Kenny Marchant (R-TX), a U.S. Representative, has disclosed 13 trades in Bank of America Corp (BAC) since 2014, 4 purchases and 9 sales, worth an estimated $202K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Kenny Marchant bought $1,001 - $15,000 of Bank of America Corp (NYSE: BAC) on December 19, 2019. Since that trade, BAC is up +103.60% against the S&P 500 up +149.97%, an outperformance of -46.37%.
Across these filings, Kenny Marchant has been a net seller of BAC (a buy-to-sell ratio of 0.44). The most recent disclosed BAC transaction shown was dated November 12, 2020. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Kenny Marchant's BAC trades vs the price
BAC is up +103.60% since Kenny Marchant bought on December 19, 2019, versus +149.97% for the S&P 500.
Performance since this trade
All Kenny Marchant BAC 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.
Kenny Marchant & BAC trading FAQ
Is it legal for Kenny Marchant to trade Bank of America Corp (BAC) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Bank of America Corp (BAC), 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 BAC?
Kenny Marchant disclosed a purchase of $1,001 - $15,000 of Bank of America Corp (BAC) on December 19, 2019, according to public STOCK Act filings.
How has BAC performed since Kenny Marchant's trade?
Since Kenny Marchant bought BAC on December 19, 2019, the stock is up +103.60%, versus +149.97% for the S&P 500 over the same period, an outperformance of -46.37%.
How many times has Kenny Marchant traded BAC?
Kenny Marchant has disclosed 13 BAC trades since 2014 (4 purchases and 9 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 BAC trades?
Quantellect tracks every disclosed congressional trade in Bank of America Corp (BAC) on the Bank of America Corp congressional trading page, which aggregates filings across all members of Congress.
Kenny Marchant's BAC tradesAll congressional filings for Bank of America CorpKenny 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.