Tom Rice bought Shopify Inc (NASDAQ: SHOP)
Tom Rice (R-SC), a U.S. Representative, has disclosed 2 trades in Shopify Inc (SHOP) since 2019, 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: Tom Rice bought $1,001 - $15,000 of Shopify Inc (NASDAQ: SHOP) on July 23, 2019. Since that trade, SHOP is up +291.16% against the S&P 500 up +168.59%, an outperformance of +122.57%.
Across these filings, Tom Rice has been a balanced trader of SHOP (a buy-to-sell ratio of 1.00). The most recent disclosed SHOP transaction shown was dated February 24, 2020. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Tom Rice's SHOP trades vs the price
SHOP is up +291.16% since Tom Rice bought on July 23, 2019, versus +168.59% for the S&P 500.
Performance since this trade
All Tom Rice SHOP trades
Tom Rice & SHOP trading FAQ
Is it legal for Tom Rice to trade Shopify Inc (SHOP) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Shopify Inc (SHOP), 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 Tom Rice buy SHOP?
Tom Rice disclosed a purchase of $1,001 - $15,000 of Shopify Inc (SHOP) on July 23, 2019, according to public STOCK Act filings.
How has SHOP performed since Tom Rice's trade?
Since Tom Rice bought SHOP on July 23, 2019, the stock is up +291.16%, versus +168.59% for the S&P 500 over the same period, an outperformance of +122.57%.
How many times has Tom Rice traded SHOP?
Tom Rice has disclosed 2 SHOP trades since 2019 (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 SHOP trades?
Quantellect tracks every disclosed congressional trade in Shopify Inc (SHOP) on the Shopify Inc congressional trading page, which aggregates filings across all members of Congress.
Tom Rice's SHOP tradesAll congressional filings for Shopify IncTom Rice'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.