Broadcom (NASDAQ:AVGO) Insider Sells $9,126,006.47 in Stock

Broadcom Inc. (NASDAQ:AVGO) insider Mark David Brazeal sold 25,921 shares of the company’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $352.07, for a total transaction of $9,126,006.47. Following the completion of the transaction, the insider owned 240,573 shares in the company, valued at $84,698,536.11. This represents a 9.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 Trading Up 0.1%

AVGO traded up $0.46 during trading on Tuesday, hitting $349.85. 15,741,631 shares of the stock were exchanged, compared to its average volume of 26,764,773. The firm has a market cap of $1.66 trillion, a price-to-earnings ratio of 73.50, a P/E/G ratio of 1.21 and a beta of 1.19. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61. The firm has a 50 day simple moving average of $362.74 and a 200 day simple moving average of $325.67.

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

Broadcom Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be paid a dividend of $0.65 per share. This is an increase from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date is Monday, December 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is currently 54.62%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Sherman Porfolios LLC increased its holdings in shares of Broadcom by 7.1% in the third quarter. Sherman Porfolios LLC now owns 3,471 shares of the semiconductor manufacturer’s stock valued at $1,145,000 after purchasing an additional 231 shares during the period. PMG Family Office LLC purchased a new stake in Broadcom in the third quarter valued at approximately $395,000. AIA Group Ltd boosted its position in Broadcom by 34.6% in the third quarter. AIA Group Ltd now owns 287,257 shares of the semiconductor manufacturer’s stock valued at $94,769,000 after buying an additional 73,824 shares during the last quarter. Alternative Investment Advisors LLC. increased its holdings in Broadcom by 116.5% in the 3rd quarter. Alternative Investment Advisors LLC. now owns 5,219 shares of the semiconductor manufacturer’s stock worth $1,722,000 after buying an additional 2,808 shares during the period. Finally, Financial Symmetry Inc purchased a new position in Broadcom during the 3rd quarter worth approximately $263,000. 76.43% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: AI/data‑center tailwind — the NVIDIA/Groq transaction highlights a shift from training to inference, increasing demand for networking and infrastructure chips where Broadcom is a direct beneficiary. MarketBeat: The Lazy Way to Play NVIDIA’s $20B Groq Deal
• Positive Sentiment: Strong analyst and market conviction — multiple firms maintain buy/overweight ratings and high targets, and commentary argues Broadcom’s market cap trajectory could overtake other mega‑caps as investors re‑rate infrastructure plays. 247WallSt: This Is Why Broadcom’s Market Cap Will March Past More Magnificent Seven Stocks In 2026
• Positive Sentiment: Wall Street still sees more upside — coverage notes AVGO’s large YTD gain but highlights analyst forecasts implying further upside, supporting the longer‑term bull case. InsiderMonkey: Broadcom up 51% YTD
• Neutral Sentiment: Insider sales context — recent insider selling is material in dollar terms, but much of it appears to be automatic RSU tax withholding or structured diversification (exchange fund), which reduces the negative signal for core investors. MarketBeat: Broadcom’s Insider Selling
• Neutral Sentiment: CEO transaction disclosed — Hock E. Tan sold shares and reported an exchange‑fund contribution; the SEC filing provides details investors will parse for tax/diversification vs. corporate confidence signals. SEC Form 4: Hock Tan
• Negative Sentiment: Post‑earnings pressure — the Dec. earnings beat was followed by a sharp pullback as investors digested flat/non‑AI guidance and margin questions; that dynamic is cited as the immediate cause of recent volatility. MarketBeat: Post‑earnings selloff analysis
• Negative Sentiment: Rotation risk — reports of portfolio rebalancing by large investors away from some mega‑cap AI winners create the potential for short‑term outflows from AVGO if momentum shifts to other leaders. 247WallSt: Billionaires Dump the Magnificent Seven
• Negative Sentiment: Technical/momentum caution — some technical commentaries question whether the recent rally has lost directional momentum, which could amplify short‑term weakness if selling persists. Benzinga: Is The Rally Losing Directional Momentum?

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Rosenblatt Securities boosted their target price on shares of Broadcom from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. KeyCorp reaffirmed an “overweight” rating and issued a $500.00 price objective (up previously from $460.00) on shares of Broadcom in a research report on Friday, December 12th. Cowen reissued a “buy” rating on shares of Broadcom in a research report on Friday, December 12th. UBS Group set a $475.00 target price on shares of Broadcom and gave the company a “buy” rating in a research note on Monday, December 15th. Finally, Truist Financial lifted their price target on shares of Broadcom from $500.00 to $510.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $436.33.

About Broadcom

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.