The stock market closed lower today, with the S&P 500 experiencing a decline due to Nvidia’s plunge. The tech giant’s stock took a hit, affecting the overall performance of the market. Investors were closely watching the developments in the sector and reacting to the news of Nvidia’s performance. The market clocked a decrease in the … Read more
Justine Page, the director of Broadcom Inc (NASDAQ: AVGO), recently sold 312 shares of the company at $1,800 per share, according to a filing with the SEC. Following this transaction, Page now owns 3,002 shares of Broadcom Inc. The company is a global technology leader in semiconductor and infrastructure software solutions, serving various markets including … Read more
Butensky & Cohen Financial Security Inc. increased its holdings in Cisco Systems by 2.1% during the first quarter, adding 1,913 shares to bring their total holdings to 92,234 shares worth $4,603,000. Other institutional investors also invested in Cisco Systems, with Valued Wealth Advisors acquiring a stake worth $32,000, Delos Wealth Advisors increasing their holdings by … Read more
The Dow Jones Industrial Average saw a significant increase of 115 points, thanks in part to the stock gains of Salesforce and IBM. Salesforce, a cloud-based software company, and IBM, a technology giant, both saw positive movement in the stock market that helped bolster the overall performance of the Dow. This news comes as a … Read more
Juncture Wealth Strategies LLC reduced its holdings of Cisco Systems, Inc. shares by 34.2% in the first quarter, selling 5,935 shares. Other institutional investors like Norges Bank and Charles Schwab Investment Management Inc. have also bought and sold shares of Cisco Systems. Cisco Systems’ stock performance shows a market capitalization of $185.2 billion and a … Read more
NBC Securities Inc. increased its holdings of Intel Co. shares by 2.6% during the first quarter, as reported in their recent filing with the SEC. The institutional investor now owns 16,681 shares of the chipmaker, valued at $736,000. Other hedge funds have also adjusted their holdings in Intel, with some increasing their stake and others … Read more
Red Mountain Financial LLC recently acquired a new stake in Cisco Systems, Inc. in the fourth quarter, purchasing 6,876 shares of the company’s stock valued at $347,000. Other hedge funds and institutional investors have also increased their holdings in CSCO. Valued Wealth Advisors LLC, Delos Wealth Advisors LLC, DiNuzzo Private Wealth Inc., Morton Brown Family … Read more
Wellington Management Group LLP increased its holdings in Cisco Systems, Inc. in the fourth quarter, owning over 47 million shares worth $2.38 billion. Other institutional investors also made changes with small stake increases. CEO Carlos Robbins and Executive VP Deborah L. Stahlkopf sold shares recently. Cisco Systems’ stock actions show a high-low range, and financial … Read more
Broadcom announced a 10-for-1 stock split, following Nvidia’s lead. Stock splits are gaining popularity to attract shareholders. Broadcom focuses on innovation and outsourcing chip designs. The company’s revenue split between infrastructure software and semiconductor solutions bodes well for its shareholders. In its latest earnings report, Broadcom exceeded EPS estimates and reported increased non-GAAP net income … Read more
In the first quarter, Cwm LLC reduced its holdings in Intel Co. by 6.2%, selling 61,983 shares and bringing its total to 936,934 shares valued at $41,384,000. Other hedge funds also adjusted their INTC holdings, with the majority of shares owned by institutional investors and hedge funds. Intel’s shares fell by 1.1% during midday trading, … Read more