Representative Scott Franklin from Florida reported a sale of Cisco Systems (NASDAQ:CSCO) stock, according to a October filing. The transaction took place on October 12, 2023.
What Happened: A recent report from the House of Representatives Clerk's Office on October 12, 2023 reveals that Franklin made a sale of Cisco Systems stock valued between $50,001 - $100,000.
Cisco Systems shares are trading down 0.05% at $53.83 at the time of writing.
Why Congressional Transactions Matter
Congressional transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor ...