Peter Welch bought Magna International Inc (NYSE: MGA)
Peter Welch (D-VT), a U.S. Senator, has disclosed 2 trades in Magna International Inc (MGA) since 2016, 1 purchase and 1 sale, worth an estimated $16K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Peter Welch bought $1,001 - $15,000 of Magna International Inc (NYSE: MGA) on June 27, 2016. Since that trade, MGA is up +179.24% against the S&P 500 up +327.95%, an outperformance of -148.71%.
Across these filings, Peter Welch has been a balanced trader of MGA (a buy-to-sell ratio of 1.00). The most recent disclosed MGA transaction shown was dated April 28, 2017. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Peter Welch's MGA trades vs the price
MGA is up +179.24% since Peter Welch bought on June 27, 2016, versus +327.95% for the S&P 500.
Performance since this trade
All Peter Welch MGA trades
Peter Welch & MGA trading FAQ
Is it legal for Peter Welch to trade Magna International Inc (MGA) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Magna International Inc (MGA), 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 Peter Welch buy MGA?
Peter Welch disclosed a purchase of $1,001 - $15,000 of Magna International Inc (MGA) on June 27, 2016, according to public STOCK Act filings.
How has MGA performed since Peter Welch's trade?
Since Peter Welch bought MGA on June 27, 2016, the stock is up +179.24%, versus +327.95% for the S&P 500 over the same period, an outperformance of -148.71%.
How many times has Peter Welch traded MGA?
Peter Welch has disclosed 2 MGA trades since 2016 (1 purchase and 1 sale). 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 MGA trades?
Quantellect tracks every disclosed congressional trade in Magna International Inc (MGA) on the Magna International Inc congressional trading page, which aggregates filings across all members of Congress.
Peter Welch's MGA tradesAll congressional filings for Magna International IncPeter Welch'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.