Broadcom (BRCM) - FREE Research Report

Brandt Eric, who is Executive Vice President & CFO at Broadcom, sold 20,000 shares at $37.92 on June 12, 2014. Following this transaction, the Executive Vice President & CFO owned 554,607 shares meaning that the stake was reduced by 3.48% with the 20,000-share transaction.

Chong Arthur, who is Exec. V.P., G.C. & Secretary at Broadcom, sold 10,000 shares at $37.92 on June 12, 2014. Following this transaction, the Exec. V.P., G.C. & Secretary owned 431,474 shares meaning that the stake was reduced by 2.27% with the 10,000-share transaction.

Timberman Terri L., who is EVP, Human Resources at Broadcom, sold 9,000 shares at $37.92 on June 12, 2014. Following this transaction, the EVP, Human Resources owned 245,060 shares meaning that the stake was reduced by 3.54% with the 9,000-share transaction.

The shares most recently traded at $38.19, up $0.27, or 0.69% since the insider transaction. Historical insider transactions for Broadcom go as follows:

  • 4-Week # shares sold: 23,448
  • 12-Week # shares sold: 46,066
  • 24-Week # shares sold: 83,466

The average volume for Broadcom has been 8.1 million shares per day over the past 30 days. Broadcom has a market cap of $20.3 billion and is part of the technology sector and electronics industry. Shares are up 29.06% year-to-date as of the close of trading on Thursday.

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 1.26%. The company has a P/E ratio of 55.9. Currently, there are 21 analysts who rate Broadcom 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 as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Broadcom Ratings Report from TheStreet Quant Ratings now.

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