Broadcom (NASDAQ:AVGO) Trading Down 1.1% After Insider Selling

Broadcom Inc. (NASDAQ:AVGO)’s stock price dropped 1.1% on Wednesday after an insider sold shares in the company. The stock traded as low as $345.42 and last traded at $346.10. Approximately 15,249,717 shares traded hands during trading, a decline of 43% from the average daily volume of 26,722,230 shares. The stock had previously closed at $349.85.

Specifically, insider Mark David Brazeal sold 25,921 shares of the company’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $352.07, for a total value of $9,126,006.47. Following the transaction, the insider directly owned 240,573 shares of the company’s stock, valued at $84,698,536.11. This represents a 9.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Hock E. Tan sold 100,000 shares of the business’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $345.65, for a total value of $34,565,000.00. Following the sale, the chief executive officer owned 495,638 shares in the company, valued at approximately $171,317,274.70. The trade was a 16.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Analyst Ratings Changes

Several research analysts have recently issued reports on AVGO shares. Weiss Ratings restated a “buy (b)” rating on shares of Broadcom in a research note on Monday. Deutsche Bank Aktiengesellschaft set a $430.00 price target on shares of Broadcom and gave the stock a “buy” rating in a research report on Friday, December 12th. Oppenheimer upped their price objective on shares of Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Evercore ISI increased their price objective on shares of Broadcom from $342.00 to $403.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 15th. Finally, Wells Fargo & Company boosted their target price on shares of Broadcom from $255.00 to $345.00 and gave the company an “equal weight” rating in a research report on Friday, September 5th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $436.33.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is benefiting from outsized AI/data‑center demand; its custom AI accelerators are gaining customers (report cites Anthropic placing very large orders), supporting revenue visibility for 2026. This Super Semiconductor Stock Crushed Nvidia in 2025
• Positive Sentiment: Macro/sector pieces argue NVIDIA’s current demand is a follow‑on opportunity for Broadcom (networking, switches, interconnect), reinforcing the company’s long‑term TAM exposure to hyperscaler AI buildouts. Bristol Gate US equity strategy
• Positive Sentiment: Industry performance and prior quarter results (strong revenue beat, high margins, recent dividend raise) underpin analyst bullishness and higher price targets, which can support the stock despite short‑term noise. MarketBeat AVGO profile
• Neutral Sentiment: Market commentary highlights tech stocks attempting a New‑Year rally; sentiment is mixed and broad market moves may drive short‑term AVGO volatility rather than company‑specific news. NVDA, INTC and AVGO Forecast
• Neutral Sentiment: A comparative/small‑cap contrast piece mentions Broadcom but offers little incremental company‑specific catalyst — useful context but limited market impact. Contrasting Broadcom & Sono-Tek
• Negative Sentiment: Large insider selling: CEO Hock E. Tan and other executives have sold material positions (including a recent ~$34.6M reported sale and a 100,000‑share filing), which is weighing on sentiment and can pressure the stock even if some sales are for tax/diversification. Hock E Tan Takes Money Off The Table
• Negative Sentiment: Coverage noting Broadcom’s AI momentum also flags margin and competitive risks; post‑earnings questions about non‑AI guidance and gross margins continue to cap near‑term upside. Broadcom’s AI Momentum Vs. Margin Risks
• Negative Sentiment: Forbes and other analysts raise the possibility of a pullback — framing the debate over valuation (high P/E) and near‑term execution risks, which can reinforce selling pressure. Is Broadcom Stock Going To Weaken?

Broadcom Stock Performance

The business’s 50-day simple moving average is $363.03 and its two-hundred day simple moving average is $326.65. The firm has a market cap of $1.64 trillion, a price-to-earnings ratio of 72.71, a P/E/G ratio of 1.18 and a beta of 1.21. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 0.76.

Broadcom (NASDAQ:AVGO) last posted its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.08. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The firm had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same period last year, the firm earned $1.42 EPS. The company’s quarterly revenue was up 28.2% on a year-over-year basis. As a group, sell-side analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio (DPR) is presently 54.62%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Assetmark Inc. boosted its position in shares of Broadcom by 2.4% during the 2nd quarter. Assetmark Inc. now owns 1,703,487 shares of the semiconductor manufacturer’s stock worth $469,566,000 after acquiring an additional 39,466 shares in the last quarter. Capital Counsel LLC NY acquired a new stake in shares of Broadcom in the 2nd quarter valued at $221,000. Waterloo Capital L.P. increased its stake in shares of Broadcom by 7.0% in the 2nd quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer’s stock valued at $13,331,000 after purchasing an additional 3,180 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Broadcom by 27.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 64,130 shares of the semiconductor manufacturer’s stock worth $10,737,000 after buying an additional 13,978 shares in the last quarter. Finally, RiverFront Investment Group LLC lifted its position in shares of Broadcom by 107.6% during the 2nd quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer’s stock worth $4,555,000 after buying an additional 8,566 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Company Profile

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.