Kenny Marchant bought Wells Fargo & Company (NYSE: WFC)
Kenny Marchant (R-TX), a U.S. Representative, has disclosed 9 trades in Wells Fargo & Company (WFC) since 2014, 7 purchases and 2 sales, worth an estimated $195K 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 Wells Fargo & Company (NYSE: WFC) on August 25, 2015. Since that trade, WFC is up +126.28% against the S&P 500 up +366.01%, an outperformance of -239.73%.
Across these filings, Kenny Marchant has been a net buyer of WFC (a buy-to-sell ratio of 3.50). The most recent disclosed WFC transaction shown was dated December 12, 2018. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Kenny Marchant's WFC trades vs the price
WFC is up +126.28% since Kenny Marchant bought on August 25, 2015, versus +366.01% for the S&P 500.
Performance since this trade
All Kenny Marchant WFC 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 & WFC trading FAQ
Is it legal for Kenny Marchant to trade Wells Fargo & Company (WFC) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Wells Fargo & Company (WFC), 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 WFC?
Kenny Marchant disclosed a purchase of $15,001 - $50,000 of Wells Fargo & Company (WFC) on August 25, 2015, according to public STOCK Act filings.
How has WFC performed since Kenny Marchant's trade?
Since Kenny Marchant bought WFC on August 25, 2015, the stock is up +126.28%, versus +366.01% for the S&P 500 over the same period, an outperformance of -239.73%.
How many times has Kenny Marchant traded WFC?
Kenny Marchant has disclosed 9 WFC trades since 2014 (7 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 WFC trades?
Quantellect tracks every disclosed congressional trade in Wells Fargo & Company (WFC) on the Wells Fargo & Company congressional trading page, which aggregates filings across all members of Congress.
Kenny Marchant's WFC tradesAll congressional filings for Wells Fargo & CompanyKenny 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.