NOVEM GROUP Sells 7,721 Shares of Broadcom Inc (AVGO): A Financial Perspective

NOVEM GROUP reduced its stake in Broadcom Inc (AVGO) by 25.27%, selling 7,721 shares and holding 22,835 shares valued at $7.9mln. Other large investors have also modified their holdings of the stock. Broadcom Inc opened at $314.34 on Friday with a 52-week low of $138.10 and a 52-week high of $414.61. The stock has a market capitalization of $1.47 trillion and a price-to-earnings ratio of 65.23.