Mark David Brazeal Sells 30,000 Shares of Broadcom (NASDAQ:AVGO) Stock

Broadcom Inc. (NASDAQ:AVGOGet Free Report) insider Mark David Brazeal sold 30,000 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total value of $10,413,600.00. Following the completion of the sale, the insider directly owned 210,573 shares of the company’s stock, valued at $73,094,099.76. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Mark David Brazeal also recently made the following trade(s):

  • On Friday, December 26th, Mark David Brazeal sold 25,921 shares of Broadcom stock. The shares were sold at an average price of $352.07, for a total value of $9,126,006.47.
  • On Wednesday, December 17th, Mark David Brazeal sold 38,281 shares of Broadcom stock. The shares were sold at an average price of $327.65, for a total value of $12,542,769.65.
  • On Tuesday, December 16th, Mark David Brazeal sold 24,527 shares of Broadcom stock. The stock was sold at an average price of $340.91, for a total value of $8,361,499.57.

Broadcom Stock Down 3.2%

NASDAQ AVGO traded down $11.02 during mid-day trading on Thursday, hitting $332.48. The company’s stock had a trading volume of 24,309,895 shares, compared to its average volume of 25,644,914. The firm has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 69.85, a PEG ratio of 1.16 and a beta of 1.21. The company’s 50 day simple moving average is $361.10 and its 200 day simple moving average is $329.81. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61.

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

Broadcom Increases Dividend

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

Analyst Ratings Changes

Several analysts have recently issued reports on AVGO shares. Rosenblatt Securities upped their target price on shares of Broadcom from $400.00 to $440.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Robert W. Baird set a $420.00 price objective on shares of Broadcom in a research report on Friday, December 12th. UBS Group set a $475.00 price objective on shares of Broadcom and gave the company a “buy” rating in a research note on Monday, December 15th. JPMorgan Chase & Co. lifted their target price on shares of Broadcom from $400.00 to $475.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Finally, Mizuho upped their target price on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $436.89.

Check Out Our Latest Analysis on AVGO

Hedge Funds Weigh In On Broadcom

Hedge funds have recently made changes to their positions in the stock. Miller Global Investments LLC bought a new stake in Broadcom during the 4th quarter worth approximately $31,000. Sawyer & Company Inc grew its position in shares of Broadcom by 62.1% during the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 36 shares in the last quarter. JCIC Asset Management Inc. purchased a new position in shares of Broadcom during the 3rd quarter valued at $31,000. Longfellow Investment Management Co. LLC bought a new position in shares of Broadcom in the second quarter worth $27,000. Finally, Legend Financial Advisors Inc. purchased a new stake in shares of Broadcom in the second quarter worth $28,000. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

  • Positive Sentiment: Quarterly results beat estimates and revenue growth provide a fundamental tailwind; strong margins and cash flow support the longer?term story for AVGO. Record earnings and demand
  • Positive Sentiment: Product/AI strategy: Broadcom launched a next?gen Wi?Fi 8 platform and APU aimed at AI-era connectivity, reinforcing its positioning in networking and AI infrastructure — a multi?quarter revenue driver. Wi?Fi 8 expands connectivity portfolio
  • Neutral Sentiment: Analyst and editorial coverage remains mixed but constructive over a multi?quarter view: several pieces highlight AVGO as an AI/infra compounder whose AI monetization may be more meaningful in H2 2026 — helpful for medium?term estimates but not an immediate catalyst. Seeking Alpha valuation piece
  • Negative Sentiment: Insider selling by senior management has spooked some investors: CEO Hock E. Tan sold 70,000 shares (~$24.3M) and director Mark Brazeal sold 30,000 shares (~$10.4M) on Jan. 6 — filings are public and the transactions have been cited in market coverage as a near?term negative. CEO Form 4 Director Form 4
  • Negative Sentiment: Near?term guidance/margin concerns and valuation pressure after a large 2025 run have prompted selling in the short term; coverage and headlines are emphasizing the margin guidance softness as the primary driver of recent weakness. Why shares are falling

Broadcom Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Broadcom (NASDAQ:AVGO)

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