UnitedHealth Group Insider Trading Alert: Representative Richard McCormick Unloads Shares
Representative Richard McCormick recently unloaded shares of UnitedHealth Group (NYSE: UNH) in one of several trades made on July 30th, according to a filing disclosed by the Representative on August 14th.
The trade was made through McCormick's 'GROWTH PARTNERS ROTH IRA' account, with the amount sold ranging from $1,001 to $15,000.
This is not an isolated instance of selling; the Representative also sold shares in other companies on the same day, 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).
The sales come at a time when UnitedHealth Group is experiencing positive sentiment, with the company recently authorizing a dividend and receiving favorable brokerage recommendations from Wall Street analysts.