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Broadcom Corporation (BRCM) President & CEO Scott A Mcgregor sells 20,000 Shares

February 07, 2013 | About:
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President & CEO of Broadcom Corporation (BRCM) Scott A Mcgregor sells 20,000 shares of BRCM on 02/05/2013 at an average price of $32.67 a share.

Broadcom Corporation has a market cap of $18.54 billion; its shares were traded at around $32.55 with a P/E ratio of 26.1 and P/S ratio of 2.3. The dividend yield of Broadcom Corporation stocks is 1.2%. Broadcom Corporation had an annual average earning growth of 57.2% over the past 5 years.

This is the annual revenues and earnings per share of BRCM over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of BRCM.


CEO Recent Trades:


  • President & CEO Scott A Mcgregor sold 20,000 shares of BRCM stock on 02/05/2013 at the average price of 32.67. Scott A Mcgregor owns at least 1,060,438 shares after this. The price of the stock has decreased by 0.37% since.
  • President & CEO Scott A Mcgregor sold 20,000 shares of BRCM stock on 01/29/2013 at the average price of 33.9. Scott A Mcgregor owns at least 1,084,913 shares after this. The price of the stock has decreased by 3.98% since.
  • President & CEO Scott A Mcgregor sold 20,000 shares of BRCM stock on 01/22/2013 at the average price of 34.77. Scott A Mcgregor owns at least 1,084,913 shares after this. The price of the stock has decreased by 6.38% since.
  • President & CEO Scott A Mcgregor sold 20,000 shares of BRCM stock on 01/15/2013 at the average price of 34.19. Scott A Mcgregor owns at least 1,084,913 shares after this. The price of the stock has decreased by 4.8% since.
  • President & CEO Scott A Mcgregor sold 20,000 shares of BRCM stock on 01/08/2013 at the average price of 34.28. Scott A Mcgregor owns at least 1,084,913 shares after this. The price of the stock has decreased by 5.05% since.

CFO Recent Trades:


  • Executive Vice President & CFO Eric Brandt sold 2,500 shares of BRCM stock on 02/05/2013 at the average price of 32.74. Eric Brandt owns at least 291,344 shares after this. The price of the stock has decreased by 0.58% since.
  • Executive Vice President & CFO Eric Brandt sold 2,500 shares of BRCM stock on 11/05/2012 at the average price of 31.48. Eric Brandt owns at least 300,326 shares after this. The price of the stock has increased by 3.4% since.
  • Executive Vice President & CFO Eric Brandt sold 10,000 shares of BRCM stock on 08/16/2012 at the average price of 35.17. Eric Brandt owns at least 310,788 shares after this. The price of the stock has decreased by 7.45% 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:


  • Chairman of the Board and CTO Henry Samueli sold 75,000 shares of BRCM stock on 02/01/2013 at the average price of 32.84. Henry Samueli owns at least 196,669 shares after this. The price of the stock has decreased by 0.88% since.
  • Exec. V.P., G.C. & Secretary Arthur Chong sold 65,105 shares of BRCM stock on 01/16/2013 at the average price of 35. Arthur Chong owns at least 222,927 shares after this. The price of the stock has decreased by 7% since.
  • Director John E Major sold 1,000 shares of BRCM stock on 01/16/2013 at the average price of 35. John E Major owns at least 26,165 shares after this. The price of the stock has decreased by 7% since.
  • Chairman of the Board and CTO Henry Samueli sold 25,000 shares of BRCM stock on 01/16/2013 at the average price of 35. Henry Samueli owns at least 205,655 shares after this. The price of the stock has decreased by 7% since.
  • EVP, Human Resources Terri L. Timberman sold 9,126 shares of BRCM stock on 01/16/2013 at the average price of 35. Terri L. Timberman owns at least 134,337 shares after this. The price of the stock has decreased by 7% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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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