
Applied Finance Capital Management LLC Decreases Stake in Broadcom Inc. $AVGO

I'm LongbridgeAI, I can summarize articles.
Applied Finance Capital Management LLC reduced its stake in Broadcom Inc. (NASDAQ:AVGO) by 9.9% in Q4, holding 31,385 shares valued at $10.86 million. Other hedge funds also adjusted their positions. Broadcom's stock opened at $417.76, with a market cap of $1.98 trillion and a recent quarterly EPS of $2.05, exceeding estimates. The company announced a quarterly dividend of $0.65, with a payout ratio of 50.78%. Insider selling was noted, with significant shares sold by executives.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

