Case file · Apr 20, 2023
Rep. Michael McCaul sold $INTC
What Happened Next
$INTC vs the S&P 500 from the trade date. A sale has an edge when the stock lags the market afterwards.
$INTC · 30 days
−1.5%
S&P 500, same days
+1.7% +3.2 pts edge
$INTC · 90 days
+12.1%
S&P 500, same days
+10.9% −1.2 pts edge
$INTC · 180 days
+17.8%
S&P 500, same days
+6.6% −11.1 pts edge
Return
−10%0+10%+20%+30%
The Paper Trail
- $INTC moved +12.1% in the 90 days after the sale, vs +10.9% for the S&P 500 — a 1.2-point deficit
- $INTC is a named recipient of CHIPS Act ($7.9B) source
- Filed as a spouse's trade
- Trade date
- Apr 20, 2023
- Disclosed
- May 15, 2023 (22 days)
- Shuffle Score
- 38/100
- Filing
- Not linked
Michael McCaul's History in $INTC
| Date | Type | Amount | Owner |
|---|---|---|---|
| Apr 20, 2023 | Sell | $100,001 - $250,000 | Spouse |
| Apr 20, 2023 | Sell | $15,001 - $50,000 | Child |
| May 12, 2023 | Sell | $15,001 - $50,000 | Child |
| May 12, 2023 | Sell | $100,001 - $250,000 | Spouse |
| Jan 19, 2024 | Sell | $1,001 - $15,000 | Child |
| Jan 19, 2024 | Sell | $15,001 - $50,000 | Spouse |
| May 20, 2024 | Buy | $15,001 - $50,000 | Child |
| May 20, 2024 | Buy | $250,001 - $500,000 | Spouse |
| Aug 1, 2024 | Buy | $250,001 - $500,000 | Spouse |
| Aug 19, 2024 | Sell | $15,001 - $50,000 | Child |
| Sep 19, 2024 | Buy | $15,001 - $50,000 | Child |
| Sep 19, 2024 | Buy | $100,001 - $250,000 | Spouse |
| Nov 20, 2024 | Sell | $1,001 - $15,000 | Child |
| Nov 20, 2024 | Sell | $50,001 - $100,000 | Spouse |
| Jun 27, 2025 | Sell | $50,001 - $100,000 | Spouse |
| Aug 22, 2025 | Sell | $15,001 - $50,000 | Spouse |
| Oct 10, 2025 | Sell | $100,001 - $250,000 | Spouse |
| Oct 27, 2025 | Sell | $15,001 - $50,000 | Spouse |
| May 12, 2026 | Sell | $100,001 - $250,000 | Spouse |
Who Else Traded $INTC That Week
Other members of Congress with trades in the same stock within 7 days either side
| Politician | Date | Type | Amount |
|---|---|---|---|
| Ro Khanna Dem | Apr 25, 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