Daniel A. Marotta, EVP & GM, Broadband & Conn Group at BROADCOM CORP (BRCM), sold 25,374 shares at $45.13 ($1.1M) on 2015-05-06, disclosed to the SEC on 2015-05-07.
Scheduled sale ($1.1M) by EVP & GM, Broadband & Conn Group under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $44.90 | 15,611 | $701K | 61.4% |
| 2 | $45.13 | 9,763 | $441K | 38.6% |
| Total | $44.99 avg | 25,374 | $1.1M | 100% |
| Filing → |
| BRCM | SELL | 2015-02-13 | $1.7M | — | Filing → |
| BRCM | SELL | 2015-02-12 | $76K | — | Filing → |
| BRCM | SELL | 2015-02-09 | $635K | — | Filing → |