QuantCapitol. Congressional Trading Intelligence

Updated 2026-11-05 08:10 UTC · Public disclosure record

THCTICKER

Tenet Healthcare Corp.

VERY BULLISH stock

Congress has disclosed 9 buys and 9 sells of THC (Tenet Healthcare Corp.) in official financial disclosures, each linked to its original filing. A transparency record — not investment advice.

Activity Congressional Activity

9
Buy
9
Sell
+0
Net
4
Active politicians
Price & congressional trades
Buy Sell

Fundamentals · FY2026 Valuation

Standard valuation multiples from SEC-reported GAAP financials (trailing twelve months), each compared to the median for Health. We use reported GAAP, not forward or adjusted earnings, so our figures can sit higher than sites that do — especially for companies with falling profit. Relative context — not a target price or investment advice.

P/E
5.68
▼ cheaper than Health (median 29.7)
how it's calculated
P/E = price ÷ earnings per share
$272.14 ÷ $47.92 = 5.68
Based on GAAP trailing-twelve-month financials (SEC filings) and the latest close. Other sites may show a different multiple when they use forward (projected) or non-GAAP adjusted figures instead of reported GAAP — for a company with volatile profit those can differ in either direction from the GAAP figure shown here.
P/B
3.98
≈ in line with Health (median 4.4)
how it's calculated
P/B = price ÷ book value per share
$272.14 ÷ $68.40 = 3.98
Based on GAAP trailing-twelve-month financials (SEC filings) and the latest close. Other sites may show a different multiple when they use forward (projected) or non-GAAP adjusted figures instead of reported GAAP — for a company with volatile profit those can differ in either direction from the GAAP figure shown here.
EV/EBITDA
5.15
▼ cheaper than Health (median 16.2)
how it's calculated
EV/EBITDA = (market cap + net debt) ÷ EBITDA
($21.7B + $10.6B net debt) ÷ $6.3B = $32.3B ÷ $6.3B = 5.15
Based on GAAP trailing-twelve-month financials (SEC filings) and the latest close. Other sites may show a different multiple when they use forward (projected) or non-GAAP adjusted figures instead of reported GAAP — for a company with volatile profit those can differ in either direction from the GAAP figure shown here.

Legislation Related Legislation

Recent bills in this stock's sector (Health). Sector-level context from Congress.gov — a bill names a policy area, not this company specifically.

BillTitlePolicy areaLatest action
HR 10887 Protecting Consumer Access to Generic Drugs Act of 2026 Health 2026-10-22
HR 10874 Medicare Low Income Subsidy Equality Act of 2026 Health 2026-10-22
HR 10858 CARE for Blood Cancer Act of 2026 Health 2026-10-22
HR 10810 National Patient Safety Board Act of 2026 Health 2026-10-15
HR 10824 Stroke Education and EMS Care Improvement Act of 2026 Health 2026-10-15

18 trades Recent Congressional Trades

Two things to watch per trade: the disclosure lag (how many days passed before the trade was made public) and the price move in that window (how the stock moved during those non-public days). A sell followed by a price drop, or a buy followed by a rise, means well-timed trading — visible here in the open. Note: the Score measures how notable a trade is, not whether it made money — the price move is shown for context and isn't part of it.

PoliticianChamberTypeOwnerDateDisclosure lagPrice move
in that
window
AmountScoreSource
Jonathan Jackson House SELL ◆ insider convergence · moderate Spouse · Morgan Stanley - Rollover IRA 2026-04-15 23 days -1.6% $1K–$15K
0.3% of NW
12.9 ↗ filing
Jonathan Jackson House SELL ◆ insider convergence · moderate Spouse · Morgan Stanley - Rollover IRA 2026-02-11 20 days +7.3% $1K–$15K
0.3% of NW
17.6 ↗ filing
Jonathan Jackson House BUY ◆ insider divergence · moderate Joint · Morgan Stanley Trust Account 2025-12-10 26 days +4.8% $15K–$50K
1.1% of NW
53.6 ↗ filing
Jonathan Jackson House BUY ◆ insider divergence · moderate Spouse · Morgan Stanley - Rollover IRA 2025-09-03 33 days +6.9% $1K–$15K
0.3% of NW
64.6 ↗ filing
Lisa McClain House SELL ◆ insider convergence · moderate Spouse · Charles Schwab Brokerage Account 924 2025-08-04 9 days +6.7% $1K–$15K
0.1% of NW
84.7 ↗ filing
Lisa McClain House BUY ◆ insider divergence · moderate Spouse · Charles Schwab Brokerage Account 924 2025-06-11 63 days +6.5% $1K–$15K
0.1% of NW
97.4 ↗ filing
John James House SELL ◆ insider convergence · moderate Self · John A. James Children’s Trust 2024-09-04 1 days -0.1% $1K–$15K
<0.1% of NW
84.6 ↗ filing
John James House BUY ◆ insider divergence Self · John A. James Children’s Trust 2023-11-10 277 days — $1K–$15K
<0.1% of NW
98.8 ↗ filing
Thomas MacArthur House SELL Joint 2017-05-04 28 days — $1K–$15K 2.6 ↗ filing
Thomas MacArthur House SELL Joint 2017-05-03 29 days — $1K–$15K 4.5 ↗ filing
Thomas MacArthur House BUY Joint 2017-03-02 30 days — $1K–$15K 5.5 ↗ filing
Thomas MacArthur House BUY Joint 2017-03-01 31 days — $1K–$15K 6.8 ↗ filing
Thomas MacArthur House BUY Joint 2017-02-28 1 days — $1K–$15K 8.6 ↗ filing
Thomas MacArthur House SELL Joint 2016-10-21 11 days — $1K–$15K 10.6 ↗ filing
Thomas MacArthur House SELL Joint 2016-10-20 12 days — $1K–$15K 15.7 ↗ filing
Thomas MacArthur House BUY Joint 2015-07-07 25 days — $1K–$15K 22.3 ↗ filing
Thomas MacArthur House BUY Joint 2015-07-02 30 days — $1K–$15K 40.4 ↗ filing
Thomas MacArthur House SELL Joint 2015-03-26 6 days — $1K–$15K 75.9 ↗ filing

Corporate insiders · SEC Form 4 Insider Activity

What the company's own officers and directors did in THC — open-market purchases and sales from SEC Form 4 filings (option exercises, grants and tax withholding are excluded). This is context for the congressional activity above, never a buy/sell signal, and the two datasets are kept separate on purpose. Does convergence mean anything? →

4
Congress trades with insider convergence
4
…with insider divergence
110
Insider open-market trades

Of the congressional trades in THC, 4 coincided with corporate insiders moving the same way within 60 days, and 4 with insiders moving the opposite way. This is co-occurrence only — whether it carries any edge is tested honestly on the convergence page.

DateInsiderRoleTypeSizeSource
2026-09-14 KERREY J ROBERT Director SELL $1.4M ↗ EDGAR
2026-09-14 KERREY J ROBERT Director SELL $1.1M ↗ EDGAR
2026-09-14 KERREY J ROBERT Director SELL $662K ↗ EDGAR
2026-09-10 MARK RICHARD J Director SELL $2.6M ↗ EDGAR
2026-09-02 West Nadja Director SELL $298K ↗ EDGAR
2026-08-31 Foo Lisa Y C-suite SELL $6.4M ↗ EDGAR
2026-08-25 Sutaria Saumya C-suite SELL $4.7M ↗ EDGAR
2026-08-25 Sutaria Saumya C-suite SELL $6.8M ↗ EDGAR
2026-08-25 Sutaria Saumya C-suite SELL $2.2M ↗ EDGAR
2026-08-24 Sutaria Saumya C-suite SELL $3.7M ↗ EDGAR
2026-08-24 Sutaria Saumya C-suite SELL $10.2M ↗ EDGAR
2026-08-24 HANEY CECIL D Director SELL $361K ↗ EDGAR
2026-08-07 Romo Tammy Director SELL $652K ↗ EDGAR
2026-08-06 Romo Tammy Director SELL $1.3M ↗ EDGAR
2026-08-05 Blunt Roy Director SELL $158K ↗ EDGAR
2026-07-29 Foo Lisa Y C-suite SELL $2.6M ↗ EDGAR
2026-07-27 BIERMAN JAMES L Director SELL $1.2M ↗ EDGAR
2026-07-27 Arbour Paola M C-suite SELL $2.7M ↗ EDGAR
2026-07-27 Lynch Christopher S. Director SELL $934K ↗ EDGAR
2026-05-28 KERREY J ROBERT Director SELL $341K ↗ EDGAR
2026-05-28 KERREY J ROBERT Director SELL $294K ↗ EDGAR
2026-05-28 KERREY J ROBERT Director SELL $125K ↗ EDGAR
2026-05-28 KERREY J ROBERT Director SELL $160K ↗ EDGAR
2026-05-28 KERREY J ROBERT Director SELL $64K ↗ EDGAR
2026-05-27 West Nadja Director SELL $532K ↗ EDGAR

Combined timeline — Congress & insiders

Both sets of trades on one timeline, newest first, so you can see when they lined up. Congress vs ◆ insider.

DateWhoTypeSize
◆ insider 2026-09-14 KERREY J ROBERT Director SELL $1.4M
◆ insider 2026-09-14 KERREY J ROBERT Director SELL $1.1M
◆ insider 2026-09-14 KERREY J ROBERT Director SELL $662K
◆ insider 2026-09-10 MARK RICHARD J Director SELL $2.6M
◆ insider 2026-09-02 West Nadja Director SELL $298K
◆ insider 2026-08-31 Foo Lisa Y C-suite SELL $6.4M
◆ insider 2026-08-25 Sutaria Saumya C-suite SELL $4.7M
◆ insider 2026-08-25 Sutaria Saumya C-suite SELL $6.8M
◆ insider 2026-08-25 Sutaria Saumya C-suite SELL $2.2M
◆ insider 2026-08-24 Sutaria Saumya C-suite SELL $3.7M
◆ insider 2026-08-24 Sutaria Saumya C-suite SELL $10.2M
◆ insider 2026-08-24 HANEY CECIL D Director SELL $361K
◆ insider 2026-08-07 Romo Tammy Director SELL $652K
◆ insider 2026-08-06 Romo Tammy Director SELL $1.3M
◆ insider 2026-08-05 Blunt Roy Director SELL $158K
◆ insider 2026-07-29 Foo Lisa Y C-suite SELL $2.6M
◆ insider 2026-07-27 BIERMAN JAMES L Director SELL $1.2M
◆ insider 2026-07-27 Arbour Paola M C-suite SELL $2.7M
◆ insider 2026-07-27 Lynch Christopher S. Director SELL $934K
◆ insider 2026-05-28 KERREY J ROBERT Director SELL $341K
◆ insider 2026-05-28 KERREY J ROBERT Director SELL $294K
◆ insider 2026-05-28 KERREY J ROBERT Director SELL $125K
◆ insider 2026-05-28 KERREY J ROBERT Director SELL $160K
◆ insider 2026-05-28 KERREY J ROBERT Director SELL $64K

FAQ Common questions

How much has Congress traded THC?

9 disclosed buys and 9 sells of THC (Tenet Healthcare Corp.) appear in official congressional financial disclosures.

Is it legal for members of Congress to trade THC?

Members of Congress may trade stocks but must disclose it under the STOCK Act. QuantCapitol tracks those public disclosures for transparency — nothing here is an accusation of wrongdoing or investment advice.

Where does this data come from?

Official US House Clerk and Senate electronic financial disclosures. Every trade links back to its original filing so you can verify it yourself.

About this data. Sourced from official House Clerk and Senate eFD financial disclosures (Senate via a maintained community mirror — see project documentation). Transaction amounts are reported as ranges, not exact figures. Interest scores, consensus labels, and backtested performance are proprietary analytical calculations based on public data and are not investment advice. Backtested performance is a hypothetical simulation, not actual portfolio performance.