2iQ and Capitol Trades Data Utilized in Global Reporting

TipRanks

Created in 2012, TipRanks is an online platform that provides research and data for stocks and trading. Among others, the platform regularly reports on politicians’ trading portfolios by tracking activity through Capitol Trades. 

On March 24, 2023, Sheryl Sheth, a content writer at TipRanks, reported on the filings made by Republican Michael McCaul: 

The politician invested in ConocoPhillips (COP:US), Arista Networks (ANET:US), and PayPal Holdings (PYPL:US) in mid-February. The story covers the mild performance of the stocks in light of McCaul’s investment and also touches on the significant insider buying at PayPal. 

Sheth also reported on trades made by Congressman John Curtis on March 31, 2023. 

Amidst the ongoing turmoil in the banking sector, Curtis sold shares of Bank of America (BAC:US) and First Republic Bank (FRC:US). Capitol Trades also published a report on the impact of FRC’s price fall.

InvestorPlace

With a history spanning up to 50 years, InvestorPlace is one of America’s top research firms for Financial information. Owned by MarketWise, InvestorPlace provides data through multiple platforms including social media and their official website. 

In a diverse range of topics, their analysts and writers have also covered Insider trading. 

According to InvestorPlace, many companies, particularly in the tech and finance sectors, have experienced a wave of insider buying from company founders in recent months. 

In a March 15, 2023 roundup of this insider buying wave, InsiderPlace referenced 2iQ’s insider transaction report on Shopify Inc (SHOP:US), where we delved into the $10 million worth of stock purchased by the CEO and Founder Tobias Lütke. 

Visit 2iQ’s blog for valuable insights into politicians and insider trading activity.