Tech Insider Selling: Cisco Systems (NASDAQ:CSCO), Broadcom Corporation (NASDAQ:BRCM), salesforce.com (NYSE:CRM), Flextronics International (NASDAQ:FLEX), Adobe Systems (NASDAQ:ADBE)

Technology Stocks News 13

Cisco Systems Inc (NASDAQ:CSCO) Director Carol Bartz sold 20,000 shares of Cisco Systems stock on the open market in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $24.56, for a total transaction of $491,200.00. Following the sale, the director now directly owns 8,870 shares in the company, valued at approximately $217,847.  Cisco Systems, Inc. (NASDAQ:CSCO) stock performance was 0.49% in last session and finished the day at $24.83. Traded volume was 39.71million shares in the last session and the average volume of the stock remained 37.17million shares. The beta of the stock remained 1.39. Cisco Systems, Inc. (NASDAQ:CSCO) insider ownership is 0.10%.

Broadcom Corporation (NASDAQ:BRCM) CEO Scott A. Mcgregor sold 75,000 shares of Broadcom stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $38.23, for a total value of $2,867,250.00. Following the completion of the transaction, the chief executive officer now directly owns 1,761,547 shares of the company’s stock, valued at approximately $67,343,942. Broadcom Corporation (NASDAQ:BRCM) dropped -0.21 percent to $38.28 Friday on volume of 8.84million shares. The intra-day range of the stock was $37.94 to $38.48. Broadcom Corporation (NASDAQ:BRCM) has a market capitalization of $22.39billion.

salesforce.com, inc. (NYSE:CRM) Insider Parker Harris unloaded 11,333 shares of the stock on the open market in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $56.69, for a total value of $642,467.77. Following the transaction, the insider now directly owns 13,928 shares of the company’s stock, valued at approximately $789,578.  salesforce.com, inc. (NYSE:CRM)’s stock on June 20, 2014 reported a decrease of -0.64% to the closing price of $57.51. Its fifty two weeks range is $36.09-$67.00. The total market capitalization recorded $35.31billion. The overall volume in the last trading session was 5.96million shares. In its share capital,             CRM has 614.00million outstanding shares.

Flextronics International Ltd (NASDAQ:FLEX) CEO Michael M. Mcnamara sold 321,718 shares of the stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $11.14, for a total transaction of $3,583,938.52. Following the sale, the chief executive officer now directly owns 1,865,852 shares of the company’s stock, valued at approximately $20,785,591.  On Friday, shares of Flextronics International Ltd.(NASDAQ:FLEX) dropped -1.16% to close the day at $11.11. Company return on investment (ROI) is 10.00% and its monthly performance is recorded as 15.73%. Flextronics International Ltd. (NASDAQ:FLEX) quarterly revenue growth is 17.94%.

Adobe Systems Inc (NASDAQ:ADBE) EVP Matthew Thompson unloaded 23,917 shares of the company’s stock in a transaction dated Thursday, June 19th. The shares were sold at an average price of $72.62, for a total transaction of $1,736,852.54. Following the completion of the transaction, the executive vice president now directly owns 50,875 shares in the company, valued at approximately $3,694,543. Adobe Systems Incorporated (NASDAQ:ADBE) stock performance was -0.47% in last session and finished the day at $72.61. Traded volume was 3.90million shares in the last session and the average volume of the stock remained 3.77million shares. The beta of the stock remained 1.27. Adobe Systems Incorporated (NASDAQ:ADBE) insider ownership is 0.10%.

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