Michael T. McCaul bought SBA Communications Corp (NASDAQ: SBAC)
Michael T. McCaul (R-TX), a U.S. Representative, has disclosed 35 trades in SBA Communications Corp (SBAC) since 2016, 32 purchases and 3 sales, worth an estimated $439K 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 $1,001 - $15,000 of SBA Communications Corp (NASDAQ: SBAC) on February 2, 2016. Since that trade, SBAC is up +111.89% against the S&P 500 up +353.85%, an outperformance of -241.96%.
Across these filings, Michael T. McCaul has been a net buyer of SBAC (a buy-to-sell ratio of 10.67). The most recent disclosed SBAC transaction shown was dated March 26, 2018. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Michael T. McCaul's SBAC trades vs the price
SBAC is up +111.89% since Michael T. McCaul bought on February 2, 2016, versus +353.85% for the S&P 500.
Performance since this trade
All Michael T. McCaul SBAC 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 & SBAC trading FAQ
Is it legal for Michael T. McCaul to trade SBA Communications Corp (SBAC) stock?
Yes. Members of Congress are allowed to trade individual stocks, including SBA Communications Corp (SBAC), 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 SBAC?
Michael T. McCaul disclosed a purchase of $1,001 - $15,000 of SBA Communications Corp (SBAC) on February 2, 2016, according to public STOCK Act filings.
How has SBAC performed since Michael T. McCaul's trade?
Since Michael T. McCaul bought SBAC on February 2, 2016, the stock is up +111.89%, versus +353.85% for the S&P 500 over the same period, an outperformance of -241.96%.
How many times has Michael T. McCaul traded SBAC?
Michael T. McCaul has disclosed 35 SBAC trades since 2016 (32 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 SBAC trades?
Quantellect tracks every disclosed congressional trade in SBA Communications Corp (SBAC) on the SBA Communications Corp congressional trading page, which aggregates filings across all members of Congress.
Michael T. McCaul's SBAC tradesAll congressional filings for SBA Communications 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.