Lamar Smith bought BorgWarner Inc (NYSE: BWA)
Lamar Smith (R-TX), a U.S. Representative, has disclosed 7 trades in BorgWarner Inc (BWA) since 2013, 6 purchases and 1 sale, worth an estimated $48K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Lamar Smith bought $1,001 - $15,000 of BorgWarner Inc (NYSE: BWA) on August 4, 2015. Since that trade, BWA is up +72.19% against the S&P 500 up +316.80%, an outperformance of -244.61%.
Across these filings, Lamar Smith has been a net buyer of BWA (a buy-to-sell ratio of 6.00). The most recent disclosed BWA transaction shown was dated June 24, 2016. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Lamar Smith's BWA trades vs the price
BWA is up +72.19% since Lamar Smith bought on August 4, 2015, versus +316.80% for the S&P 500.
Performance since this trade
All Lamar Smith BWA 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.
Lamar Smith & BWA trading FAQ
Is it legal for Lamar Smith to trade BorgWarner Inc (BWA) stock?
Yes. Members of Congress are allowed to trade individual stocks, including BorgWarner Inc (BWA), 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 Lamar Smith buy BWA?
Lamar Smith disclosed a purchase of $1,001 - $15,000 of BorgWarner Inc (BWA) on August 4, 2015, according to public STOCK Act filings.
How has BWA performed since Lamar Smith's trade?
Since Lamar Smith bought BWA on August 4, 2015, the stock is up +72.19%, versus +316.80% for the S&P 500 over the same period, an outperformance of -244.61%.
How many times has Lamar Smith traded BWA?
Lamar Smith has disclosed 7 BWA trades since 2013 (6 purchases and 1 sale). 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 BWA trades?
Quantellect tracks every disclosed congressional trade in BorgWarner Inc (BWA) on the BorgWarner Inc congressional trading page, which aggregates filings across all members of Congress.
Lamar Smith's BWA tradesAll congressional filings for BorgWarner IncLamar Smith'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.