Michael T. McCaul bought Nabors Industries Ltd. (NYSE: NBR)
Michael T. McCaul (R-TX), a U.S. Representative, has disclosed 14 trades in Nabors Industries Ltd. (NBR) since 2014, 6 purchases and 8 sales, worth an estimated $558K 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 $15,001 - $50,000 of Nabors Industries Ltd. (NYSE: NBR) on September 29, 2014. Since that trade, NBR is down -91.91% against the S&P 500 up +348.38%, an outperformance of -440.28%.
Across these filings, Michael T. McCaul has been a net seller of NBR (a buy-to-sell ratio of 0.75). The most recent disclosed NBR transaction shown was dated May 4, 2017. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Michael T. McCaul's NBR trades vs the price
NBR is down -91.91% since Michael T. McCaul bought on September 29, 2014, versus +348.38% for the S&P 500.
Performance since this trade
All Michael T. McCaul NBR 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 & NBR trading FAQ
Is it legal for Michael T. McCaul to trade Nabors Industries Ltd. (NBR) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Nabors Industries Ltd. (NBR), 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 NBR?
Michael T. McCaul disclosed a purchase of $15,001 - $50,000 of Nabors Industries Ltd. (NBR) on September 29, 2014, according to public STOCK Act filings.
How has NBR performed since Michael T. McCaul's trade?
Since Michael T. McCaul bought NBR on September 29, 2014, the stock is down -91.91%, versus +348.38% for the S&P 500 over the same period, an outperformance of -440.28%.
How many times has Michael T. McCaul traded NBR?
Michael T. McCaul has disclosed 14 NBR trades since 2014 (6 purchases and 8 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 NBR trades?
Quantellect tracks every disclosed congressional trade in Nabors Industries Ltd. (NBR) on the Nabors Industries Ltd. congressional trading page, which aggregates filings across all members of Congress.
Michael T. McCaul's NBR tradesAll congressional filings for Nabors Industries Ltd.Michael 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.