Nutanix President and CEO Rajiv Ramaswami recently sold a total of 22,824 shares of the company’s Class A Common Stock at an average price of $54.1705, amounting to approximately $1.24 million. These sales were part of a pre-arranged trading plan, allowing insiders to sell stocks at a future date. Ramaswami’s transactions followed the acquisition of … Read more
Rheos Capital Works Inc. reduced its position in Intel Co. (NASDAQ: INTC) by 27.3% during the first quarter, selling 81,600 shares and retaining 217,000 shares of the chipmaker, valued at $9,585,000. Other institutional investors also made adjustments to their INTC holdings, with several increasing their stakes in the company. The total capital held by institutional … Read more
Douglas Lane & Associates LLC reduced its stake in International Business Machines Co. (NYSE: IBM) by 4.0% in the first quarter, according to recent disclosures with the Securities and Exchange Commission. The company now owns 271,882 shares of IBM, valued at $51,919,000. Other institutional investors, including Vontobel Holding Ltd., Natixis Advisors LP, Tsfg LLC, Auxano … Read more
Meyer Handelman Co. reduced its stake in Hewlett Packard Enterprise by 5.7% in the first quarter, selling 12,600 shares, according to the latest SEC filing. Other institutional investors, like Raymond James & Associates and Mackenzie Financial Corp, have also adjusted their holdings in the company. Internal activities within Hewlett Packard Enterprise saw senior executives selling … Read more
Justine Page, a Director at Broadcom Inc (NASDAQ: AVGO), recently sold 312 shares of the company at $1,800 per share on June 17, 2024. This transaction was reported to the SEC and details can be found here. Following this sale, Justine Page now owns 3,002 shares in Broadcom Inc. Broadcom Inc is a global technology … Read more
Broadcom’s stock prices soared to record highs after the chipmaker’s revenue surged in the second quarter of fiscal 2024, with a 43% year-over-year increase to $12.5 billion. The company’s AI and software segments led the way, with AI revenue spiking 280% to $3.1 billion and infrastructure software revenue surging 175% to $5.3 billion. However, server … Read more
Broadcom Inc. (NASDAQ: AVGO) saw a 2% drop in its stock price during Friday’s trading session, reaching as low as $1,678.60 before closing at $1,699.13. Trading volume was lower than average, with 2,416,850 shares exchanged compared to the daily average of 3,033,666 shares. Analysts on Wall Street have given a positive outlook on AVGO, with … Read more
NVIDIA, a prominent AI company on Wall Street, has undergone several stock splits since its IPO in 1999. Stock splits are a popular trend among companies, allowing them to adjust their share price and number of shares without affecting their overall value. NVIDIA recently conducted a 10-for-1 stock split, following multiple earlier splits. The success … Read more
Nutanix, Inc. CEO Rajiv Ramaswami sold almost 24,000 shares of Nutanix stock at an average price of $54.19, totaling over $1.2 million. After the transaction, he owns over 400,000 shares worth around $22 million. The company’s stock price opened at $53.42 on Wednesday, with a 50-day average of $62.27 and a 200-day average of $57.91. … Read more
Broadcom (NASDAQ:AVGO) has seen a significant increase in its stock prices following the announcement of higher revenue in the chipmaker’s fiscal second quarter and the decision to carry out a stock split. The company’s shares have more than doubled in value in the last year. In the second quarter of fiscal year 2024, which ended … Read more