Recently, various executives have taken part in insider trading activity for the stocks of QUALCOMM, Inc. (NASDAQ:QCOM), Oracle Corporation (NYSE:ORCL), and Avago Technologies Ltd (NASDAQ:AVGO).
Director Anthony Vinciquerra bought 1,000 Qualcomm shares worth $54,700 at an average price of $54.70, as reported in the SEC filing yesterday. Following the insider-buying transaction, his stake in Qualcomm has now grown to 1567 shares with a value of $89,946. Vinciquerra served as a director of the Company since July 2015. Vinciguerra is Senior Advisor to Texas Pacific Group in the Technology, Media and Telecom sectors, where he advises TPG on acquisitions and operations.
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Director Hector Garcia-Molina yesterday unloaded 3,305 Oracle shares (39% of total stake), valued at $124,169. The shares were sold via automatic sale program. Molina now holds 5,000 of the company’s shares that are valued at $191,300.
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Avago Technologies Ltd
SVP of Worldwide Sales Charlie Kawwas sold 10,000 Avago Technologies shares (12% of total stake), valued at $1,306,400, in a transaction dated September 11. Kawwas now holds 68,800 of the company’s shares that are valued at $9,211,632.
VP of General Counsel Patricia Mccall disposed of 5,000 shares (10% of total stake), valued at $650,300, on September 11. Mccall now holds 40,789 of the company’s shares that are valued at $5,461,239.
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