Michael T. McCaul bought McGrath RentCorp (NASDAQ: MGRC)
Michael T. McCaul (R-TX), a U.S. Representative, has disclosed 112 trades in McGrath RentCorp (MGRC) since 2014, all purchases, worth an estimated $1.1M 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 McGrath RentCorp (NASDAQ: MGRC) on March 3, 2015. Since that trade, MGRC is up +376.92% against the S&P 500 up +317.23%, an outperformance of +59.69%.
Across these filings, Michael T. McCaul has been a net buyer of MGRC. The most recent disclosed MGRC transaction shown was dated April 30, 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 MGRC trades vs the price
MGRC is up +376.92% since Michael T. McCaul bought on March 3, 2015, versus +317.23% for the S&P 500.
Performance since this trade
All Michael T. McCaul MGRC 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 & MGRC trading FAQ
Is it legal for Michael T. McCaul to trade McGrath RentCorp (MGRC) stock?
Yes. Members of Congress are allowed to trade individual stocks, including McGrath RentCorp (MGRC), 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 MGRC?
Michael T. McCaul disclosed a purchase of $1,000 - $15,000 of McGrath RentCorp (MGRC) on March 3, 2015, according to public STOCK Act filings.
How has MGRC performed since Michael T. McCaul's trade?
Since Michael T. McCaul bought MGRC on March 3, 2015, the stock is up +376.92%, versus +317.23% for the S&P 500 over the same period, an outperformance of +59.69%.
How many times has Michael T. McCaul traded MGRC?
Michael T. McCaul has disclosed 112 MGRC 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 MGRC trades?
Quantellect tracks every disclosed congressional trade in McGrath RentCorp (MGRC) on the McGrath RentCorp congressional trading page, which aggregates filings across all members of Congress.
Michael T. McCaul's MGRC tradesAll congressional filings for McGrath RentCorpMichael 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.