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flag Investors and insiders have been selling off shares of semiconductor giant Broadcom, valued at $1.23 trillion.

flag Investment firm LS Investment Advisors LLC reduced its holdings in semiconductor maker Broadcom Inc. by selling 11,429 shares, now owning 64,958 shares. flag Meanwhile, Lifestyle Asset Management Inc. sold 2,296 shares, and Clare Market Investments LLC increased its stake by 40.1%. flag Broadcom has a market cap of $1.23 trillion, with a P/E ratio of 212.95. flag Insiders have also sold shares worth $131 million over the past quarter.

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