Thad Cochran bought Iridium Communications Inc (NASDAQ: IRDM)
Thad Cochran (R-MS), a U.S. Senator, has disclosed 3 trades in Iridium Communications Inc (IRDM) since 2014, 2 purchases and 1 sale, worth an estimated $49K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Thad Cochran bought $1,001 - $15,000 of Iridium Communications Inc (NASDAQ: IRDM) on June 2, 2014. Since that trade, IRDM is up +496.93% against the S&P 500 up +363.52%, an outperformance of +133.41%.
Across these filings, Thad Cochran has been a net buyer of IRDM (a buy-to-sell ratio of 2.00). The most recent disclosed IRDM transaction shown was dated October 14, 2014. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Thad Cochran's IRDM trades vs the price
IRDM is up +496.93% since Thad Cochran bought on June 2, 2014, versus +363.52% for the S&P 500.
Performance since this trade
All Thad Cochran IRDM trades
Thad Cochran & IRDM trading FAQ
Is it legal for Thad Cochran to trade Iridium Communications Inc (IRDM) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Iridium Communications Inc (IRDM), 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 Thad Cochran buy IRDM?
Thad Cochran disclosed a purchase of $1,001 - $15,000 of Iridium Communications Inc (IRDM) on June 2, 2014, according to public STOCK Act filings.
How has IRDM performed since Thad Cochran's trade?
Since Thad Cochran bought IRDM on June 2, 2014, the stock is up +496.93%, versus +363.52% for the S&P 500 over the same period, an outperformance of +133.41%.
How many times has Thad Cochran traded IRDM?
Thad Cochran has disclosed 3 IRDM trades since 2014 (2 purchases 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 IRDM trades?
Quantellect tracks every disclosed congressional trade in Iridium Communications Inc (IRDM) on the Iridium Communications Inc congressional trading page, which aggregates filings across all members of Congress.
Thad Cochran's IRDM tradesAll congressional filings for Iridium Communications IncThad Cochran'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.