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Broadcom's stock drops 8%, but insiders sell $138.6M in shares despite "Moderate Buy" ratings.
Broadcom's stock fell 8% to $158.26 on March 20th, but several research firms maintain a "Moderate Buy" rating with a target price of $231.48.
Despite this, insiders have sold $138.6 million worth of shares over the last 90 days.
Broadcom, with a market cap of $687.85 billion, designs semiconductor devices and operates in two segments: Semiconductor Solutions and Infrastructure Software.
The company pays an annual dividend of $2.36, yielding 1.61%.
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Las acciones de Broadcom caen 8%, pero los internautas venden $ 138,6 millones en acciones a pesar de las calificaciones de "Compra Moderada".