🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Carol Devine Miller from West Virginia's 1st district sells shares in multiple companies

EditorAhmed Abdulazez Abdulkadir
Published 06/07/2024, 01:52 AM
© Reuters.

Carol Devine Miller, a congress member representing West Virginia's 1st congressional district, has been active in the stock market, according to a recent congressional trade report. The report shows that Miller has sold shares in several major companies, including AT&T Inc. (NYSE:T), Coca-Cola (NYSE:KO) Consolidated, Inc. (NASDAQ:COKE), and Comcast Corporation (NASDAQ:CMCSA).

The transactions, which took place on May 8, 2024, were notified to the relevant authorities on June 4, 2024. Miller sold assets in the form of stocks in each of these companies. In AT&T and Coca-Cola Consolidated, the value of each sale ranged from $1,001 to $15,000. Similarly, she sold stocks in Comcast Corporation twice, with one transaction ranging from $1,001 to $15,000 and the other from $15,001 to $50,000.

Additionally, the congress member also sold shares in McKesson Corporation (NYSE:NYSE:MCK) and Yum! Brands, Inc. (NYSE:NYSE:YUM). For both companies, one transaction was valued between $15,001 and $50,000, while the other ranged from $1,001 to $15,000.

These transactions represent a substantial amount of activity for Miller in the stock market. As a congress member, Miller is required by law to disclose these transactions to ensure transparency and avoid conflicts of interest. The report did not disclose the type of account Miller used for these transactions.

InvestingPro Insights

Among the companies recently sold by Congress member Carol Devine Miller, AT&T Inc. (NYSE:T) stands out with some compelling financial metrics and investor considerations. According to real-time data from InvestingPro, AT&T has a market capitalization of $131.64 billion, reflecting its significant presence in the telecommunications industry. The company's price-to-earnings (P/E) ratio stands at an attractive 12.9, suggesting that the stock could be reasonably valued compared to industry peers.

InvestingPro Tips indicate that AT&T has a perfect Piotroski Score of 9, which is a strong indicator of the company's financial health. Additionally, AT&T is recognized as a prominent player in the Diversified Telecommunication Services industry. This status, combined with a history of maintaining dividend payments for 41 consecutive years and a current dividend yield of 6.07%, underscores AT&T's appeal to income-focused investors.

For readers interested in deeper analysis, InvestingPro offers additional tips on AT&T and other companies mentioned in this article. There are more tips available, which can be accessed by visiting https://www.investing.com/pro/T. To enrich your investment decision-making, use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.