Kenny Marchant sold Transocean Ltd (NYSE: RIG)
Kenny Marchant (R-TX), a U.S. Representative, has disclosed 9 trades in Transocean Ltd (RIG) since 2014, 2 purchases and 7 sales, worth an estimated $97K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Kenny Marchant sold $1,000 - $15,000 of Transocean Ltd (NYSE: RIG) on February 14, 2014. Since that trade, RIG is down -86.87% against the S&P 500 up +388.03%, an outperformance of -474.89%.
Across these filings, Kenny Marchant has been a net seller of RIG (a buy-to-sell ratio of 0.29). The most recent disclosed RIG transaction shown was dated February 22, 2015. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Kenny Marchant's RIG trades vs the price
RIG is down -86.87% since Kenny Marchant sold on February 14, 2014, versus +388.03% for the S&P 500.
Performance since this trade
All Kenny Marchant RIG 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 & RIG trading FAQ
Is it legal for Kenny Marchant to trade Transocean Ltd (RIG) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Transocean Ltd (RIG), 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 sell RIG?
Kenny Marchant disclosed a sale of $1,000 - $15,000 of Transocean Ltd (RIG) on February 14, 2014, according to public STOCK Act filings.
How has RIG performed since Kenny Marchant's trade?
Since Kenny Marchant sold RIG on February 14, 2014, the stock is down -86.87%, versus +388.03% for the S&P 500 over the same period, an outperformance of -474.89%.
How many times has Kenny Marchant traded RIG?
Kenny Marchant has disclosed 9 RIG trades since 2014 (2 purchases and 7 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 RIG trades?
Quantellect tracks every disclosed congressional trade in Transocean Ltd (RIG) on the Transocean Ltd congressional trading page, which aggregates filings across all members of Congress.
Kenny Marchant's RIG tradesAll congressional filings for Transocean 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.