Case file · Jul 6, 2023
Rep. Michael Burgess bought $ABBV
What Happened Next
$ABBV vs the S&P 500 from the trade date. A buy has an edge when the stock beats the market.
$ABBV · 30 days
+10.7%
S&P 500, same days
+2.5% +8.2 pts edge
$ABBV · 90 days
+8.8%
S&P 500, same days
−3.1% +11.9 pts edge
$ABBV · 180 days
+18.9%
S&P 500, same days
+8.3% +10.6 pts edge
Return
−10%0+10%+20%+30%
The Paper Trail
- $ABBV moved +8.8% in the 90 days after the buy, vs −3.1% for the S&P 500 — a 11.9-point edge
- Filed as a spouse's trade
- Trade date
- Jul 6, 2023
- Disclosed
- Jul 19, 2023 (12 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 |
|---|---|---|---|
| Ro Khanna Dem | Jun 29, 2023 | Sell | $50,001 - $100,000 |
| Daniel S. Goldman Dem | Jul 12, 2023 | Sell | $50,001 - $100,000 |
Returns use split- and dividend-adjusted closes. Disclosures report ranges, not exact amounts. A well-timed trade is not evidence of wrongdoing. Methodology · Disclaimer