Renaissance Group LLC reduced its stake in Broadcom Inc. by 8.8% in the third quarter, selling 14,868 shares and holding 154,060 shares valued at $50.83 million. Other institutional investors also adjusted their holdings. Broadcom recently posted strong earnings, exceeding analyst expectations, and increased its quarterly dividend.
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Renaissance Group LLC Sells 14,868 Shares of Broadcom Inc. $AVGO
Renaissance Group LLC reduced its stake in Broadcom Inc. by 8.8% in the third quarter, selling 14,868 shares and holding 154,060 shares valued at $50.83 million. Other institutional investors also adjusted their holdings. Broadcom recently posted strong earnings, exceeding analyst expectations, and increased its quarterly dividend.