Key Points
- Mark David Brazeal sold 30,000 shares of Broadcom on Jan. 6 at an average price of $347.12 for about $10.41 million, trimming his stake by 12.47% to 210,573 shares (≈$73.09M).
- Broader insider selling (including CEO Hock E. Tan's 70,000‑share sale) has drawn negative attention and been cited as a near‑term headwind for the stock.
- Fundamentals and analyst view remain constructive: Broadcom beat Q results (EPS $1.95 vs $1.87; revenue $18.02B), raised its quarterly dividend, and carries a consensus "Buy" rating with an average price target of $436.89.
Broadcom Inc. (NASDAQ:AVGO - Get Free Report) insider Mark David Brazeal sold 30,000 shares of the company's stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the transaction, the insider owned 210,573 shares of the company's stock, valued at approximately $73,094,099.76. This trade represents a 12.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
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 stock was 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 stock was 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 shares were sold at an average price of $340.91, for a total value of $8,361,499.57.
Broadcom Stock Performance
Shares of NASDAQ:AVGO opened at $332.48 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. The business's 50 day moving average price is $360.22 and its 200-day moving average price is $329.83. The firm has a market capitalization of $1.58 trillion, a PE ratio of 69.85, a P/E/G ratio of 1.16 and a beta of 1.21. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61.
Broadcom (NASDAQ:AVGO - Get Free Report) last posted its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, beating the consensus estimate of $1.87 by $0.08. The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The firm's revenue was up 28.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.42 EPS. As a group, equities research analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.
Broadcom Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were paid a $0.65 dividend. This is an increase from Broadcom's previous quarterly dividend of $0.59. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, December 22nd. Broadcom's payout ratio is 54.62%.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Norges Bank purchased a new position in shares of Broadcom during the 2nd quarter worth $18,579,549,000. Vanguard Group Inc. lifted its position in Broadcom by 1.3% in the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer's stock valued at $133,261,046,000 after buying an additional 6,222,802 shares during the last quarter. Edgewood Management LLC acquired a new position in Broadcom in the second quarter valued at about $1,571,438,000. Arrowstreet Capital Limited Partnership boosted its stake in Broadcom by 499.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 5,634,232 shares of the semiconductor manufacturer's stock worth $1,858,789,000 after buying an additional 4,694,313 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Broadcom by 115.5% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,017,340 shares of the semiconductor manufacturer's stock valued at $1,658,680,000 after acquiring an additional 3,224,739 shares during the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have commented on AVGO shares. KeyCorp reiterated an "overweight" rating and issued a $500.00 price objective (up previously from $460.00) on shares of Broadcom in a report on Friday, December 12th. Wall Street Zen raised Broadcom from a "hold" rating to a "buy" rating in a report on Saturday, December 13th. Piper Sandler reissued an "overweight" rating and set a $430.00 price objective (up previously from $375.00) on shares of Broadcom in a research note on Friday, December 12th. 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. Finally, Barclays reaffirmed an "overweight" rating and issued a $500.00 target price (up from $450.00) on shares of Broadcom in a research note on Friday, December 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Broadcom has a consensus rating of "Buy" and an average price target of $436.89.
Get Our Latest Stock Analysis on Broadcom
Key Headlines Impacting 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
About Broadcom
(
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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