Broadcom Ltd (AVGO) Files Form 4 Insider Selling : Patricia H Mccall Sells 3,000 Shares

Broadcom Ltd (AVGO): Patricia H Mccall , VP & General Counsel of Broadcom Ltd sold 3,000 shares on Apr 8, 2016. The Insider selling transaction was disclosed on Apr 12, 2016 to the Securities and Exchange Commission. The shares were sold at $156.00 per share for a total value of $468,000.00.

Company has been under the radar of several Street Analysts.Avago Technologies Ltd is Reiterated by RBC Capital Mkts to Top Pick and the brokerage firm has raised the Price Target to $ 180 from a previous price target of $170 .The Rating was issued on Mar 4, 2016.Avago Technologies Ltd is Reiterated by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 185 from a previous price target of $180 .The Rating was issued on Mar 4, 2016.Avago Technologies Ltd is Reiterated by Craig Hallum to Buy and the brokerage firm has raised the Price Target to $ 190 from a previous price target of $175 .The Rating was issued on Mar 4, 2016.Avago Technologies Ltd is Reiterated by BofA/Merrill to Buy and the brokerage firm has raised the Price Target to $ 200 from a previous price target of $180 .The Rating was issued on Mar 4, 2016.Avago Technologies Ltd is Reiterated by Canaccord Genuity to Buy and the brokerage firm has raised the Price Target to $ 185 from a previous price target of $175 .The Rating was issued on Mar 4, 2016.

Currently the company Insiders own 6.2% of Avago Technologies Ltd shares according to the proxy statements.Institutional Investors own 81.9% of Avago Technologies Ltd shares.During last six month period, the net percent change held by insiders has seen a change of -1.38%.

Shares of Avago Technologies Ltd (AVGO) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.54 points or -0.35% at $155.61 with 18,56,812 shares getting traded. Post opening the session at $157.43, the shares hit an intraday low of $155.6 and an intraday high of $157.8 and the price vacillated in this range throughout the day. The company has a market cap of $60,758 M and the number of outstanding shares has been calculated to be 39,04,47,960 shares. The 52-week high of Avago Technologies Ltd is $158.328 and the 52-week low is $100.

Avago Technologies Ltd Money Flow Index Chart

Avago Technologies Limited (Avago) is a designer developer and global supplier of a range of analog semiconductor devices. The Company focuses on III-V based products and complex digital and mixed signal complementary metal oxide semiconductor (CMOS) based devices. The Company operates through four segments: wireless communications enterprise storage wired infrastructure and industrial & other. The wireless communications segment supports the wireless industry with a range of radio frequency (RF) semiconductor devices. The enterprise storage segment consists of LSI Corporation’s (LSI’s) storage products and PLX Technology Inc.’s (PLX’s) peripheral component interconnect express (PCIe) switches and bridges. The wired infrastructure segment supplies transceivers that receive and transmit information along optical fibers in the storage and Ethernet networking markets. The industrial & other segment provides a range of products for the general industrial and automotive markets.

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