Representative McCormick Discloses Sale of Shares in Several Prominent Companies

Representative Richard McCormick recently sold shares of several prominent companies, including Medtronic PLC (NYSE: MDT), according to a recent filing.

The Republican congressman from Georgia's 7th Congressional District disclosed that he had sold between $1,001 and $15,000 in Medtronic stock on July 30th in his 'GROWTH PARTNERS ROTH IRA' account.

This sale is part of a larger pattern of McCormick selling shares of various companies around the same time. He also recently disclosed selling shares of McDonald's (NYSE: MCD), NextEra Energy (NYSE: NEE), PepsiCo (NASDAQ: PEP), Abbott Laboratories (NYSE: ABT), L3Harris Technologies (NYSE: LHX), Johnson & Johnson (NYSE: JNJ), Intercontinental Exchange (NYSE: ICE), Illinois Tool Works (NYSE: ITW), Home Depot (NYSE: HD), and Emerson Electric (NYSE: EMR) on July 30th.

Medtronic shares have performed well recently, with the stock opening at $90.44 on Tuesday. The company has a market capitalization of $115.77 billion, a PE ratio of 24.25, and a price-to-earnings-growth ratio of 2.45.