Richard L. Hanna sold Franklin Resources Inc (NYSE: BEN)
Richard L. Hanna (R-NY), a U.S. Representative, has disclosed 4 trades in Franklin Resources Inc (BEN) since 2014, 2 purchases and 2 sales, worth an estimated $600K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Richard L. Hanna sold $50,001 - $100,000 of Franklin Resources Inc (NYSE: BEN) on June 18, 2015. Since that trade, BEN is up +7.47% against the S&P 500 up +319.05%, an outperformance of -311.58%.
Across these filings, Richard L. Hanna has been a balanced trader of BEN (a buy-to-sell ratio of 1.00). Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Richard L. Hanna's BEN trades vs the price
BEN is up +7.47% since Richard L. Hanna sold on June 18, 2015, versus +319.05% for the S&P 500.
Performance since this trade
All Richard L. Hanna BEN trades
Richard L. Hanna & BEN trading FAQ
Is it legal for Richard L. Hanna to trade Franklin Resources Inc (BEN) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Franklin Resources Inc (BEN), 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 Richard L. Hanna sell BEN?
Richard L. Hanna disclosed a sale of $50,001 - $100,000 of Franklin Resources Inc (BEN) on June 18, 2015, according to public STOCK Act filings.
How has BEN performed since Richard L. Hanna's trade?
Since Richard L. Hanna sold BEN on June 18, 2015, the stock is up +7.47%, versus +319.05% for the S&P 500 over the same period, an outperformance of -311.58%.
How many times has Richard L. Hanna traded BEN?
Richard L. Hanna has disclosed 4 BEN 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 BEN trades?
Quantellect tracks every disclosed congressional trade in Franklin Resources Inc (BEN) on the Franklin Resources Inc congressional trading page, which aggregates filings across all members of Congress.
Richard L. Hanna's BEN tradesAll congressional filings for Franklin Resources IncRichard L. Hanna'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.