1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
alicet236
alicet236
Articles (382) 

Top Insider Sells Highlight: Broadcom Corp.

July 17, 2014 | About:

President & CEO of Broadcom (NASDAQ:BRCM) Scott McGregor sold 75,000 shares on July 14 at an average price of $37.78. The total transaction amount is $2,833,500.

Broadcom Corporation was incorporated in California in August 1991. Broadcom Corp has a market cap of $22.08 billion; its shares were traded at around $37.75 with a P/E ratio of 54.80 and P/S ratio of 2.70. The dividend yield of Broadcom Corp stocks is 1.20%. Broadcom Corp had an annual average earnings growth of 19.10% over the past 10 years.

Scott McGregor joined Broadcom Corp in 2005 and now serves as its CEO. He joined the Company from Philips Semiconductors, serving as that company’s CEO and President from 2001-2004. Prior to joining Philips Semiconductors and Broadcom Corp, McGregor worked at Santa Cruz Operation Inc, Digital Equipment Corporation, and Microsoft.

GuruFocus guru David Dreman (Trades, Portfolio) increased his position in Broadcom Corporation. He owns 86,331 shares. David Tepper (Trades, Portfolio) and John Rogers (Trades, Portfolio) both kept their positions in the company unchanged while Ray Dalio (Trades, Portfolio) and Joel Greenblatt (Trades, Portfolio) reduced both of their positions. guru George Soros (Trades, Portfolio) sold out his holdings.

President & CEO Scott Mcgregor sold 375,000 shares of BRCM stock in June and July. Executive Vice President & CFO Eric Brandt sold 25,000 shares of BRCM stock in February, May, and June. EVP&GM, Infrastructure Net Grp Rajiv Ramaswami, EVP, Human Resources Terri L. Timberman, Exec. V.P., G.C. & Secretary Arthur Chong, Chairman of the Board and CTO Henry Samueli, and Director John E Major sold 177,058 shares of BRCM stock in June and July.

  • 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.

» Take a Free Trial of Premium Membership


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


doniemaherScreen #23 - Lo Debt, Profitab
pbarker46PB Stocks, Canada
pbarker46PB Stocks, USA
narrogYacktman&safe&cheap
okijuh1203
DANGORDONROC 12-4-16
OGCAMGDelisting risk
pbarker46PB Stocks
pbarker46PS Stocks
JefulfordAll World Defensive Small Cap
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK