Michael T. McCaul bought Freeport-McMoran Copper & Gold Inc (NYSE: FCX)
Michael T. McCaul (R-TX), a U.S. Representative, has disclosed 13 trades in Freeport-McMoran Copper & Gold Inc (FCX) since 2015, 10 purchases and 3 sales, worth an estimated $227K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Michael T. McCaul bought $1,000 - $15,000 of Freeport-McMoran Copper & Gold Inc (NYSE: FCX) on November 3, 2015. Since that trade, FCX is up +435.40% against the S&P 500 up +311.46%, an outperformance of +123.93%.
Across these filings, Michael T. McCaul has been a net buyer of FCX (a buy-to-sell ratio of 3.33). The most recent disclosed FCX transaction shown was dated October 1, 2018. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Michael T. McCaul's FCX trades vs the price
FCX is up +435.40% since Michael T. McCaul bought on November 3, 2015, versus +311.46% for the S&P 500.
Performance since this trade
All Michael T. McCaul FCX 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.
Michael T. McCaul & FCX trading FAQ
Is it legal for Michael T. McCaul to trade Freeport-McMoran Copper & Gold Inc (FCX) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Freeport-McMoran Copper & Gold Inc (FCX), 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 Michael T. McCaul buy FCX?
Michael T. McCaul disclosed a purchase of $1,000 - $15,000 of Freeport-McMoran Copper & Gold Inc (FCX) on November 3, 2015, according to public STOCK Act filings.
How has FCX performed since Michael T. McCaul's trade?
Since Michael T. McCaul bought FCX on November 3, 2015, the stock is up +435.40%, versus +311.46% for the S&P 500 over the same period, an outperformance of +123.93%.
How many times has Michael T. McCaul traded FCX?
Michael T. McCaul has disclosed 13 FCX trades since 2015 (10 purchases and 3 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 FCX trades?
Quantellect tracks every disclosed congressional trade in Freeport-McMoran Copper & Gold Inc (FCX) on the Freeport-McMoran Copper & Gold Inc congressional trading page, which aggregates filings across all members of Congress.
Michael T. McCaul's FCX tradesAll congressional filings for Freeport-McMoran Copper & Gold IncMichael T. McCaul'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.