Robert A. Rango, EVP & GM, Mobile&Wireless Group at BROADCOM CORP (BRCM), sold 34,980 shares at $35.97 ($1.3M) on 2013-05-06, disclosed to the SEC on 2013-05-07.
Scheduled sale ($1.3M) by EVP & GM, Mobile&Wireless 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 | $36.06 | 11,230 | $405K | 32.1% |
| 2 | $35.97 | 5,000 | $180K | 14.3% |
| 3 | $36.03 | 18,750 | $676K | 53.6% |
| Total | $36.03 avg | 34,980 | $1.3M | 100% |
| Filing → |
| BRCM | SELL | 2014-05-06 | $427K | — | Filing → |
| BRCM | SELL | 2014-04-04 | $442K | — | Filing → |
| BRCM | SELL | 2014-03-27 | $300K | — | Filing → |