Michael T. McCaul sold Open Text Corp (NASDAQ: OTEX)
Michael T. McCaul (R-TX), a U.S. Representative, has disclosed 4 trades in Open Text Corp (OTEX) since 2014, 2 purchases and 2 sales, worth an estimated $366K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Michael T. McCaul sold $100,001 - $250,000 of Open Text Corp (NASDAQ: OTEX) on June 13, 2014. Since that trade, OTEX is up +40.14% against the S&P 500 up +360.58%, an outperformance of -320.44%.
Across these filings, Michael T. McCaul has been a balanced trader of OTEX (a buy-to-sell ratio of 1.00). The most recent disclosed OTEX transaction shown was dated May 27, 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 OTEX trades vs the price
OTEX is up +40.14% since Michael T. McCaul sold on June 13, 2014, versus +360.58% for the S&P 500.
Performance since this trade
All Michael T. McCaul OTEX trades
Michael T. McCaul & OTEX trading FAQ
Is it legal for Michael T. McCaul to trade Open Text Corp (OTEX) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Open Text Corp (OTEX), 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 sell OTEX?
Michael T. McCaul disclosed a sale of $100,001 - $250,000 of Open Text Corp (OTEX) on June 13, 2014, according to public STOCK Act filings.
How has OTEX performed since Michael T. McCaul's trade?
Since Michael T. McCaul sold OTEX on June 13, 2014, the stock is up +40.14%, versus +360.58% for the S&P 500 over the same period, an outperformance of -320.44%.
How many times has Michael T. McCaul traded OTEX?
Michael T. McCaul has disclosed 4 OTEX trades since 2014 (2 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 OTEX trades?
Quantellect tracks every disclosed congressional trade in Open Text Corp (OTEX) on the Open Text Corp congressional trading page, which aggregates filings across all members of Congress.
Michael T. McCaul's OTEX tradesAll congressional filings for Open Text CorpMichael 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.