Lamar Smith sold LPL Financial Holdings Inc (NASDAQ: LPLA)
Lamar Smith (R-TX), a U.S. Representative, has disclosed 3 trades in LPL Financial Holdings Inc (LPLA) since 2014, all sales, worth an estimated $24K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Lamar Smith sold $1,001 - $15,000 of LPL Financial Holdings Inc (NASDAQ: LPLA) on August 3, 2015. Since that trade, LPLA is up +722.40% against the S&P 500 up +315.99%, an outperformance of +406.42%.
Across these filings, Lamar Smith has been a net seller of LPLA. The most recent disclosed LPLA transaction shown was dated September 21, 2015. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Lamar Smith's LPLA trades vs the price
LPLA is up +722.40% since Lamar Smith sold on August 3, 2015, versus +315.99% for the S&P 500.
Performance since this trade
All Lamar Smith LPLA trades
Lamar Smith & LPLA trading FAQ
Is it legal for Lamar Smith to trade LPL Financial Holdings Inc (LPLA) stock?
Yes. Members of Congress are allowed to trade individual stocks, including LPL Financial Holdings Inc (LPLA), 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 sell LPLA?
Lamar Smith disclosed a sale of $1,001 - $15,000 of LPL Financial Holdings Inc (LPLA) on August 3, 2015, according to public STOCK Act filings.
How has LPLA performed since Lamar Smith's trade?
Since Lamar Smith sold LPLA on August 3, 2015, the stock is up +722.40%, versus +315.99% for the S&P 500 over the same period, an outperformance of +406.42%.
How many times has Lamar Smith traded LPLA?
Lamar Smith has disclosed 3 LPLA trades since 2014. 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 LPLA trades?
Quantellect tracks every disclosed congressional trade in LPL Financial Holdings Inc (LPLA) on the LPL Financial Holdings Inc congressional trading page, which aggregates filings across all members of Congress.
Lamar Smith's LPLA tradesAll congressional filings for LPL Financial Holdings 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.