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Broadcom Corp. (BRCM) Executive Vice President & CFO Eric Brandt sells 2,500 Shares

Feb 07, 2012 | About:
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Executive Vice President & CFO of Broadcom Corp. (BRCM) Eric Brandt sells 2,500 shares of BRCM on 02/06/2012 at an average price of $37.1 a share.

Broadcom Corp. has a market cap of $20.03 billion; its shares were traded at around $37.17 with a P/E ratio of 20.3 and P/S ratio of 2.7. The dividend yield of Broadcom Corp. stocks is 1%. Broadcom Corp. had an annual average earning growth of 8.8% over the past 5 years.

CFO Recent Trades:


  • Executive Vice President & CFO Eric Brandt sold 2,500 shares of BRCM stock on 11/07/2011 at the average price of 35.9. Eric Brandt owns at least 193,131 shares after this. The price of the stock has increased by 3.54% since.

This is the insider trade history vs. stock price of BRCM. For the complete insider trading history of BRCM, click here.




Directors and Officers Recent Trades:


  • Chief Technical Officer Henry Samueli sold 200,000 shares of BRCM stock on 02/01/2012 at the average price of 35.65. Henry Samueli owns at least 196,443 shares after this. The price of the stock has increased by 4.26% since.
  • EVP & GM, Mobile & Wireles Grp Robert A. Rango sold 2,700 shares of BRCM stock on 02/01/2012 at the average price of 37. Robert A. Rango owns at least 127,992 shares after this. The price of the stock has increased by 0.46% since.
  • Director William T Morrow sold 2,216 shares of BRCM stock on 02/01/2012 at the average price of 36.5. William T Morrow owns at least 14,268 shares after this. The price of the stock has increased by 1.84% since.
  • EVP & GM, Mobile & Wireles Grp Robert A. Rango sold 2,700 shares of BRCM stock on 01/25/2012 at the average price of 36.01. Robert A. Rango owns at least 127,992 shares after this. The price of the stock has increased by 3.22% since.
  • Chief Technical Officer Henry Samueli sold 17,500 shares of BRCM stock on 01/20/2012 at the average price of 35. Henry Samueli owns at least 196,443 shares after this. The price of the stock has increased by 6.2% since.


For the complete insider trading history of BRCM, click here.

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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