Tech New Highs: RF Micro Devices, Inc. (NASDAQ:RFMD), Broadcom Corporation (NASDAQ:BRCM), Applied Materials, Inc. (NASDAQ:AMAT), Atmel Corporation (NASDAQ:ATML), Globalstar, Inc. (NYSEMKT:GSAT)

On June 6, RF Micro Devices, Inc. (NASDAQ:RFMD) serves all. RFMD has made many strategic decisions in the past due to which it is enjoying such a safe position in the market. Recently, the company decided to enter into an agreement with TriQuint Semiconductor, which will boost the net profits of both the companies. One thing is very clear that this company is always looking forward to growth and earnings, and that is how this time Rocky Holding comes into the picture.RF Micro Devices, Inc. (NASDAQ:RFMD) net profit margin is 1.10% and weekly performance is 3.72%. On last trading day company shares ended up $9.75. Analysts mean target price for the company is $10.46. RF Micro Devices, Inc. (NASDAQ:RFMD) distance from 50-day simple moving average (SMA50) is 13.91%.

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) shares advanced 0.23% in last trading session and ended the day on $38.11. Gross Margin is 50.50% and its return on assets is 3.50%. Broadcom Corporation (NASDAQ:BRCM) quarterly performance is 24.79%.

Applied Materials, Inc. (NASDAQ:AMAT) announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on the company`s common stock. The dividend is payable on September 11, 2014 to stockholders of record as of August 21, 2014. Applied Materials, Inc. (NASDAQ:AMAT) shares moved up 0.41% in last trading session and was closed at $21.91, while trading in range of $21.83 – $22.10. Applied Materials, Inc. (NASDAQ:AMAT) year to date (YTD) performance is 25.20%.

Atmel Corporation (NASDAQ:ATML)a global leader in microcontroller (MCU) and touch solutions, announced the company has launched Atmel® | SMART™, the new brand of ARM®-based microcontrollers and has expanded its SMART portfolio with new SmartConnect SAM W23 modules, enabling Wi-Fi connectivity and the best of high performance and low power technology for Internet of Things (IoT) applications. Atmel Corporation (NASDAQ:ATML) ended the last trading day at $8.89. Company weekly volatility is calculated as 2.58% and price to cash ratio as 14.65. Atmel Corporation (NASDAQ:ATML) showed a positive weekly performance of 7.11%.

Globalstar, Inc. (NYSEMKT:GSAT) on May 22 announced that their Value Added Reseller, VehSmart, of Victorville, California, has been awarded the first regional pilot project of its kind for Ecuador, which will outfit the Ecuadorian artisanal fishing fleet with life-saving satellite tracking and emergency notification devices. VehSmart already provides GPS enabled telematics devices with cellular connectivity to cars, trucks, and motorcycles around the world. Globalstar, Inc. (NYSEMKT:GSAT) weekly performance is 9.66%. On last trading day company shares ended up $3.86. Analysts mean target price for the company is $4.52. Globalstar, Inc. (NYSEMKT:GSAT) distance from 50-day simple moving average (SMA50) is 28.61%.

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