From MarketBeat:



CreativeOne Wealth LLC recently decreased its stake in Broadcom Inc. by 41.9% in the third quarter, cutting 2,600 company shares to 3,603. Additionally, Bank Julius Baer & Co. Ltd Zurich increased its position in Broadcom by 96,355.6% during the second quarter to now own 236,738,760 shares of the semiconductor manufacturer’s stock. A total of 42,943 shares have been sold by insiders in the last three months. Company insiders own 2.20% of the company’s stock, with CEO Hock E. Tan offloading 20,000 shares at an average price of $1,122.46 in a recent transaction. AVGO stock opened at $1,121.98 on Tuesday, and analysts anticipate that it will post 42.04 earnings per share for the current fiscal year. Broadcom recently announced a dividend increase from $4.60 to $5.25 per share, and has a consensus “Moderate Buy” rating and an average price target of $944.67.

Wall Street’s top-rated research analysts have identified five stocks that they recommend to their clients on a daily basis, none of which is Broadcom. Additionally, if a company’s CEO, COO, and CFO were all selling shares of their stock, which Broadcom’s were, you would want to know. For more information, view the five stocks that top analysts believe are better buys, and access a free report about insider trading on MarketBeat’s website. This information has been published as a result of narrative science technology and financial data from MarketBeat and was reviewed by MarketBeat’s editorial team. Please direct any questions or comments about this story to [email protected].



Read more: CreativeOne Wealth LLC Cuts Stake in Broadcom Inc. (NASDAQ:AVGO)