Rep. McCormick's $15K Stock Sell-Off: A Peek into Their Portfolio

Representative Richard McCormick (R-GA) recently made several significant trades involving shares of Analog Devices, Inc. (ADI). According to a filing disclosed on August 14th, the Representative sold between $1,001 and $15,000 in ADI stock on July 30th as part of their 'GROWTH PARTNERS ROTH IRA' account.

This was not an isolated incident, as McCormick also made similar trades involving shares of Medtronic (MDT), NextEra Energy (NEE), PepsiCo (PEP), Abbott Laboratories (ABT), McDonald's (MCD), L3Harris Technologies (LHX), Johnson & Johnson (JNJ), Intercontinental Exchange (ICE), Illinois Tool Works (ITW), and Home Depot (HD) on the same day.

Analog Devices, Inc. has a market capitalization of $190.10 billion and a price-to-earnings ratio of 57.99. The company's quarterly revenue was up 37.2% compared to the same quarter last year.