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McCormick Unloads CSCO Shares Amid Strong Earnings Report

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CSCO HD JNJ MCD
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Representative Richard McCormick recently sold between $1,001 and $15,000 in shares of Cisco Systems Inc. (NASDAQ:CSCO) on July 30th. This trade occurred in his 'GROWTH PARTNERS ROTH IRA' account.

McCormick also made similar trades for other companies including Medtronic (NYSE:MDT), NextEra Energy (NYSE:NEE), PepsiCo (NASDAQ:PEP), Abbott Laboratories (NYSE:ABT), McDonald's (NYSE:MCD), L3Harris Technologies (NYSE:LHX), Johnson & Johnson (NYSE:JNJ), Intercontinental Exchange (NYSE:ICE), Illinois Tool Works (NYSE:ITW), and Home Depot (NYSE:HD).

Cisco Systems has been performing well, reporting record quarterly revenue of approximately $17.3 billion, up 18% year over year, while non-GAAP earnings per share reached $1.22 and surpassed consensus estimates.

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