Case file · Aug 14, 2023
Rep. Michael Burgess sold $ABBV
What Happened Next
$ABBV vs the S&P 500 from the trade date. A sale has an edge when the stock lags the market afterwards.
$ABBV · 30 days
−0.7%
S&P 500, same days
−0.4% +0.4 pts edge
$ABBV · 90 days
−8.0%
S&P 500, same days
−1.4% +6.6 pts edge
$ABBV · 180 days
+15.9%
S&P 500, same days
+12.7% −3.2 pts edge
Return
−10%0+10%+20%+30%
The Paper Trail
- $ABBV moved −8.0% in the 90 days after the sale, vs −1.4% for the S&P 500 — a 6.6-point edge
- Filed as a spouse's trade
- Trade date
- Aug 14, 2023
- Disclosed
- Sep 6, 2023 (22 days)
- Shuffle Score
- 2/100
- Filing
- Not linked
Michael Burgess's History in $ABBV
| Date | Type | Amount | Owner |
|---|---|---|---|
| Jul 6, 2023 | Buy | $15,001 - $50,000 | Spouse |
| Aug 14, 2023 | Sell | $15,001 - $50,000 | Spouse |
| Dec 8, 2023 | Sell | $1,001 - $15,000 | Not disclosed |
| Apr 10, 2024 | Sell | $1,001 - $15,000 | Not disclosed |
Who Else Traded $ABBV That Week
Other members of Congress with trades in the same stock within 7 days either side
| Politician | Date | Type | Amount |
|---|---|---|---|
| Michael Guest Rep | Aug 7, 2023 | Buy | $1,001 - $15,000 |
Returns use split- and dividend-adjusted closes. Disclosures report ranges, not exact amounts. A well-timed trade is not evidence of wrongdoing. Methodology · Disclaimer