Kenny Marchant bought Texas Pacific Land Corporation (NYSE: TPL)
Kenny Marchant (R-TX), a U.S. Representative, has disclosed 5 trades in Texas Pacific Land Corporation (TPL) since 2012, 1 purchase and 4 sales, worth an estimated $138K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Kenny Marchant bought $15,001 - $50,000 of Texas Pacific Land Corporation (NYSE: TPL) on August 14, 2012. Since that trade, TPL is up +6734.03% against the S&P 500 up +558.87%, an outperformance of +6175.16%.
Across these filings, Kenny Marchant has been a net seller of TPL (a buy-to-sell ratio of 0.25). The most recent disclosed TPL transaction shown was dated February 12, 2016. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Kenny Marchant's TPL trades vs the price
TPL is up +6734.03% since Kenny Marchant bought on August 14, 2012, versus +558.87% for the S&P 500.
Performance since this trade
All Kenny Marchant TPL 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 & TPL trading FAQ
Is it legal for Kenny Marchant to trade Texas Pacific Land Corporation (TPL) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Texas Pacific Land Corporation (TPL), 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 TPL?
Kenny Marchant disclosed a purchase of $15,001 - $50,000 of Texas Pacific Land Corporation (TPL) on August 14, 2012, according to public STOCK Act filings.
How has TPL performed since Kenny Marchant's trade?
Since Kenny Marchant bought TPL on August 14, 2012, the stock is up +6734.03%, versus +558.87% for the S&P 500 over the same period, an outperformance of +6175.16%.
How many times has Kenny Marchant traded TPL?
Kenny Marchant has disclosed 5 TPL trades since 2012 (1 purchase and 4 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 TPL trades?
Quantellect tracks every disclosed congressional trade in Texas Pacific Land Corporation (TPL) on the Texas Pacific Land Corporation congressional trading page, which aggregates filings across all members of Congress.
Kenny Marchant's TPL tradesAll congressional filings for Texas Pacific Land CorporationKenny 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.