With markets closed on Friday for the Fourth of July holiday, insider activity remained muted during the shortened trading week. At Broadcom (NASDAQ:AVGO), insiders extended their selling streak for a fourth consecutive week. The following transactions were reported between June 30 and July 4.
- Broadcom’s (AVGO) CEO Hock Tan diluted stake worth $10.73M in the firm. He sold 40,000 shares of the company’s common stock for $268.29 each. Tan continues to hold 1.46M shares in the company.
- Kroger’s (NYSE:KR) executive vice president Mary Adcock let go of 34,250 shares for about $71.16 each totalling $2.44M. Her holding in the retail chain has now decreased to 184,473 shares.
- Jeremy Cox, SVP, Controller and CTO at Hewlett Packard Enterprise (NYSE:HPE) sold 68,590 shares of the company for $18.44 apiece for a total value of about $1.26M.
- Dell’s (NYSE:DELL) Chief Accounting Officer Brunilda Rios offloaded stake worth about $757,740 in the firm. She let go of 6,000 shares for about $126.29 each, reducing her holding in the company to 18,948 shares.
- Canopy Growth (NASDAQ:CGC) Director David Lazzarato sold 15,701 shares in the company for $1.23 for a total value of $19,312. Following the sale, he currently retains ownership of 119,064 shares in the company.
- On the buy side, James Grube, director at GameStop (NYSE:GME) purchased 5,575 shares for $23.71 each for a total value of $132,183. His holding in the company has increased to 29,439 shares following the transaction.
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