Broadcom Corporation (BRCM) - FREE Research Report

Ramaswami Rajiv who is EVP&GM, Infrastructure Net Grp at Broadcom Corporation sold 4,900 shares at $26.51 on Nov. 13, 2013. Following this transaction, the EVP&GM, Infrastructure Net Grp owned 235,782 shares meaning that the stake was reduced by 2.04% with the 4,900 share transaction.

The shares most recently traded at $27.58, up $1.07, or 3.89% since the insider transaction. Historical insider transactions for Broadcom Corporation go as follows:

  • 4-Week # shares sold: 2,500
  • 12-Week # shares sold: 2,500
  • 24-Week # shares sold: 67,801

The average volume for Broadcom Corporation has been 9.0 million shares per day over the past 30 days. Shares are down 19.99% year to date as of the close of trading on Tuesday.

Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments. The stock currently has a dividend yield of 1.66%. The company has a P/E ratio of 30.5. Currently there are 22 analysts that rate Broadcom Corporation a buy, 1 analyst rates it a sell, and 11 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on BRCM - FREE

TheStreet Quant Ratings rates Broadcom Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Broadcom Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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