Investors bullish on these stocks following latest development: McDonald’s Corporation (MCD) and Broadcom Inc. (AVGO)

On Jan 30, Hoovel Catherine A., VP – Chief Acctg Officer exercised an option 2,555 shares of McDonald’s Corporation (NYSE: MCD), with the average selling price of the stock being $95.75 per share. The total amount realized from this exercised an option $244,629. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.

In addition to that, EVP-Worldwide Supp Chain & Sus – DeBiase Francesca A. exercised an option an extra 14,026 shares of this stock in a transaction that took place a day before, on Jan 30, with a share exercised an option at an average of $94.47 and a total of $1,325,010 was realized from this transaction. After the transaction, the EVP-Worldwide Supp Chain & Sus – DeBiase Francesca A. was left with 26,444 shares of the company’s stock, which is currently worth around $2498164.68.

The recent price movement of MCD means that it is now down by -3.41% from its 52-week high and 23.62% up against its 52-week low prices. Over the past one week, the price volatility of MCD stands at 1.47% while the volatility over the past one month is 1.40%. The beta score for this stock is 0.46. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 01/29/2020 published its latest quarterly earnings, with the report showing that the company recorded 1.72 earnings per share (EPS) during that period. This report was below the expectations of analysts of 1.75 by -0.03. The revenue by the firm was 5.14B for the quarter.

The shares of McDonald’s Corporation (MCD) dropped by -0.12%, leading to a loss of -$0.25 per share, and saw MCD end the trading session at $214.37 on Wednesday 02/05/20. MCD started the trading session at $215.64, before reaching a daily high of $215.78. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $213.012.

The trading volume on Wednesday stood at 2806800, which was below the stock’s 3-month average volume of 3.49 million shares, out of a total 752.26M shares. As the price of the stock dipped, the market valuation of the company dropped to 163.11 billion.

The shares of Broadcom Inc. (NASDAQ: AVGO) went up by 1.85% by the end of the recent trading session. This movement saw its price surge to close at $317.38, which was higher than the previous closing price of $311.60. Over the past one week, the price of AVGO has slipped by -0.04%, while it has recorded a gain of 1.17% over the past one month. Its three-month performance saw AVGO gain 4.06% while its six-month performance saw it surge by 19.12%. The situation is different though over the past one year, as the stock price went up by 17.55%, while its year-to-date (YTD) price performance jumped by 0.43%. The stock price has gone up by +6.22% compared to its 90-day low, while it is down -4.28% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Hold. In the short-term, the stock has a 20-day average volume of 2,861,095 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 2,531,462 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see AVGO stock with a 100-Day average volume of 2,360,695 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves AVGO with an average rating of 80% Buy.

Several brokerage firms sent out their reports AVGO stock not long ago. In its report sent out on December 13, 2019, Cowen lowered its ratings on AVGO to a Market Perform. In an earlier report on November 22, 2019, Cascend Securities Reiterated the stock to a Buy. Morgan Stanley meanwhile in its report on November 19, 2019 Upgrade its rating of the stock from a “Overweight” to “Overweight”.

In related news to the company’s stock, around 87.90% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 1352 institutions currently hold the AVGO stock. In the last quarter, a 335,617,676 AVGO shares were in the possession of institutions. On the other hand, the company recorded 118 new institutions who bought it their stock, while 93 institutions sold their entire AVGO reserve. Of the current institutions investing in the stock, 685 increased their investment while 542 decreased their investment in the stock.