Michael T. McCaul bought Lazard Ltd (NYSE: LAZ)
Michael T. McCaul (R-TX), a U.S. Representative, has disclosed 16 trades in Lazard Ltd (LAZ) since 2015, 14 purchases and 2 sales, worth an estimated $5.9M 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 $50,001 - $100,000 of Lazard Ltd (NYSE: LAZ) on February 3, 2015. Since that trade, LAZ is up +59.91% against the S&P 500 up +330.02%, an outperformance of -270.11%.
Across these filings, Michael T. McCaul has been a net buyer of LAZ (a buy-to-sell ratio of 7.00). The most recent disclosed LAZ transaction shown was dated October 9, 2015. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Michael T. McCaul's LAZ trades vs the price
LAZ is up +59.91% since Michael T. McCaul bought on February 3, 2015, versus +330.02% for the S&P 500.
Performance since this trade
All Michael T. McCaul LAZ 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 & LAZ trading FAQ
Is it legal for Michael T. McCaul to trade Lazard Ltd (LAZ) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Lazard Ltd (LAZ), 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 LAZ?
Michael T. McCaul disclosed a purchase of $50,001 - $100,000 of Lazard Ltd (LAZ) on February 3, 2015, according to public STOCK Act filings.
How has LAZ performed since Michael T. McCaul's trade?
Since Michael T. McCaul bought LAZ on February 3, 2015, the stock is up +59.91%, versus +330.02% for the S&P 500 over the same period, an outperformance of -270.11%.
How many times has Michael T. McCaul traded LAZ?
Michael T. McCaul has disclosed 16 LAZ trades since 2015 (14 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 LAZ trades?
Quantellect tracks every disclosed congressional trade in Lazard Ltd (LAZ) on the Lazard Ltd congressional trading page, which aggregates filings across all members of Congress.
Michael T. McCaul's LAZ tradesAll congressional filings for Lazard LtdMichael 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.