Broadcom CEO Hock Tan Just Sold $24 Million Worth of AVGO Stock. Should You Dump Shares Too?

Broadcom (AVGO) made headlines earlier in the week due to insider selling that has raised investor concerns. The company’s CEO, Hock Tan, began the new year by offloading stock worth $24.3 million, selling 70,000 shares at $347.3. He now holds 908,474 shares in total. CFO Kirsten Spears and Chief Legal Officer Mark Brazeal also sold stock worth $10 million. While insider selling like this always raises concerns, it isn’t something out of the ordinary. In fact, during the same week that these company offi ...