Broadcom Inc. $AVGO Shares Sold by ZWJ Investment Counsel Inc.
ZWJ Investment Counsel Inc. reduced its stake in Broadcom Inc. by 11.1% in the third quarter, now holding 318,188 shares valued at $104,973,000. Broadcom remains a significant part of their portfolio. Analysts have given Broadcom a strong buy rating, with a consensus target price of $436.33. CEO Hock E. Tan and insider Mark David Brazeal sold significant shares recently. Broadcom's stock opened at $352.13, with a market cap of $1.67 trillion.