Lamar Smith bought Markit Ltd. - Common Shares (MRKT) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MRKT)
Lamar Smith (R-TX), a U.S. Representative, has disclosed 3 trades in Markit Ltd. - Common Shares (MRKT) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MRKT) since 2015, 2 purchases and 1 sale, worth an estimated $24K 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 Markit Ltd. - Common Shares (MRKT) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MRKT) on February 18, 2015. Since that trade, MRKT is up +0.00% against the S&P 500 up +319.20%, an outperformance of -319.20%.
Across these filings, Lamar Smith has been a net buyer of MRKT (a buy-to-sell ratio of 2.00). The most recent disclosed MRKT transaction shown was dated March 22, 2016. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Lamar Smith's MRKT trades vs the price
MRKT is up +0.00% since Lamar Smith bought on February 18, 2015, versus +319.20% for the S&P 500.
Performance since this trade
All Lamar Smith MRKT trades
Lamar Smith & MRKT trading FAQ
Is it legal for Lamar Smith to trade Markit Ltd. - Common Shares (MRKT) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MRKT) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Markit Ltd. - Common Shares (MRKT) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MRKT), 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 MRKT?
Lamar Smith disclosed a purchase of $1,001 - $15,000 of Markit Ltd. - Common Shares (MRKT) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MRKT) on February 18, 2015, according to public STOCK Act filings.
How has MRKT performed since Lamar Smith's trade?
Since Lamar Smith bought MRKT on February 18, 2015, the stock is up +0.00%, versus +319.20% for the S&P 500 over the same period, an outperformance of -319.20%.
How many times has Lamar Smith traded MRKT?
Lamar Smith has disclosed 3 MRKT trades since 2015 (2 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 MRKT trades?
Quantellect tracks every disclosed congressional trade in Markit Ltd. - Common Shares (MRKT) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MRKT) on the Markit Ltd. - Common Shares (MRKT) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS congressional trading page, which aggregates filings across all members of Congress.
Lamar Smith's MRKT tradesAll congressional filings for Markit Ltd. - Common Shares (MRKT) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTSLamar 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.