Tech Insider Selling: Broadcom Corporation (NASDAQ:BRCM), Brocade Communications Systems, Inc. (NASDAQ:BRCD), TriQuint Semiconductor (NASDAQ:TQNT), SunPower Corporation (NASDAQ:SPWR), Western Digital Corp (NASDAQ:WDC)

Broadcom Corporation (NASDAQ:BRCM) CEO Scott A. Mcgregor sold 125,000 shares of the stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $37.95, for a total transaction of $4,743,750.00. Following the transaction, the chief executive officer now directly owns 1,761,547 shares of the company’s stock, valued at approximately $66,850,709. Broadcom Corporation (NASDAQ:BRCM) net profit margin is 4.80% and weekly performance is 9.39%. On last trading day company shares ended up $38.11. Analysts mean target price for the company is $38.29. Broadcom Corporation (NASDAQ:BRCM) distance from 50-day simple moving average (SMA50) is 23.13%.

Brocade Communications Systems Inc (NASDAQ:BRCD) VP Ken Cheng sold 60,000 shares of the stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $9.20, for a total transaction of $552,000.00. Following the completion of the transaction, the vice president now directly owns 292,625 shares in the company, valued at approximately $2,692,150. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares fell -1.09% in last trading session and ended the day on $9.07. Gross Margin is 65.00% and its return on assets is 7.00%. Brocade Communications Systems, Inc. (NASDAQ:BRCD) quarterly performance is -10.20%.

TriQuint Semiconductor (NASDAQ:TQNT) Director Nicolas Kauser unloaded 29,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $16.10, for a total value of $466,900.00. Following the completion of the transaction, the director now directly owns 50,000 shares of the company’s stock, valued at approximately $805,000. TriQuint Semiconductor (NASDAQ:TQNT) shares moved up 1.70% in last trading session and was closed at $16.16, while trading in range of $15.86 – $16.40. TriQuint Semiconductor (NASDAQ:TQNT) year to date (YTD) performance is 93.76%.

SunPower Corporation (NASDAQ:SPWR) EVP Douglas J. Richards sold 5,308 shares of SunPower stock on the open market in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $33.83, for a total transaction of $179,569.64. Following the transaction, the executive vice president now directly owns 24,155 shares in the company, valued at approximately $817,164. SunPower Corporation (NASDAQ:SPWR) ended the last trading day at $33.43. Company weekly volatility is calculated as 3.99% and price to cash ratio as 5.79. SunPower Corporation (NASDAQ:SPWR) showed a positive weekly performance of 2.11%.

Western Digital Corp. (NYSE:WDC) Insider Michael D. Cordano unloaded 5,896 shares of the stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $92.21, for a total transaction of $543,670.16. Following the completion of the transaction, the insider now directly owns 79,132 shares in the company, valued at approximately $7,296,762. Western Digital Corp (NASDAQ:WDC) net profit margin is 6.80% and weekly performance is 4.54%. On last trading day company shares ended up $91.64. Analysts mean target price for the company is $99.91. Western Digital Corp (NASDAQ:WDC) distance from 50-day simple moving average (SMA50) is 4.33%.

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