Michael T. McCaul bought Rambus Inc (NASDAQ: RMBS)
Michael T. McCaul (R-TX), a U.S. Representative, has disclosed 14 trades in Rambus Inc (RMBS) since 2014, 11 purchases and 3 sales, worth an estimated $161K 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 Rambus Inc (NASDAQ: RMBS) on August 8, 2014. Since that trade, RMBS is up +601.78% against the S&P 500 up +360.50%, an outperformance of +241.28%.
Across these filings, Michael T. McCaul has been a net buyer of RMBS (a buy-to-sell ratio of 3.67). The most recent disclosed RMBS transaction shown was dated October 28, 2014. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Michael T. McCaul's RMBS trades vs the price
RMBS is up +601.78% since Michael T. McCaul bought on August 8, 2014, versus +360.50% for the S&P 500.
Performance since this trade
All Michael T. McCaul RMBS 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 & RMBS trading FAQ
Is it legal for Michael T. McCaul to trade Rambus Inc (RMBS) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Rambus Inc (RMBS), 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 RMBS?
Michael T. McCaul disclosed a purchase of $15,001 - $50,000 of Rambus Inc (RMBS) on August 8, 2014, according to public STOCK Act filings.
How has RMBS performed since Michael T. McCaul's trade?
Since Michael T. McCaul bought RMBS on August 8, 2014, the stock is up +601.78%, versus +360.50% for the S&P 500 over the same period, an outperformance of +241.28%.
How many times has Michael T. McCaul traded RMBS?
Michael T. McCaul has disclosed 14 RMBS trades since 2014 (11 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 RMBS trades?
Quantellect tracks every disclosed congressional trade in Rambus Inc (RMBS) on the Rambus Inc congressional trading page, which aggregates filings across all members of Congress.
Michael T. McCaul's RMBS tradesAll congressional filings for Rambus 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.