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

Broadcom Inc. (NASDAQ:AVGO) insider Mark David Brazeal sold 30,000 shares of Broadcom stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the sale, the insider owned 210,573 shares of the company’s stock, valued at approximately $73,094,099.76. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 transaction 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 Price Performance

Shares of NASDAQ AVGO traded down $11.02 during trading hours on Thursday, reaching $332.48. 24,309,895 shares of the stock traded hands, compared to its average volume of 25,644,914. The company’s 50-day simple moving average is $361.10 and its two-hundred day simple moving average is $329.81. The company has a market capitalization of $1.58 trillion, a P/E ratio of 69.85, a price-to-earnings-growth ratio of 1.16 and a beta of 1.21. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61. 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 announced 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 company 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 firm’s revenue was up 28.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.42 EPS. Equities research analysts forecast that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

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

Institutional Trading of Broadcom

Large investors have recently bought and sold shares of the company. Norway Savings Bank raised its position in shares of Broadcom by 22.6% in the 4th quarter. Norway Savings Bank now owns 1,435 shares of the semiconductor manufacturer’s stock worth $497,000 after purchasing an additional 265 shares during the last quarter. Baker Tilly Wealth Management LLC increased its stake in Broadcom by 8.7% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 9,185 shares of the semiconductor manufacturer’s stock valued at $3,179,000 after purchasing an additional 734 shares in the last quarter. Fulton Bank N.A. raised its holdings in Broadcom by 4.1% in the fourth quarter. Fulton Bank N.A. now owns 89,249 shares of the semiconductor manufacturer’s stock worth $30,889,000 after buying an additional 3,537 shares during the last quarter. Spartan Planning & Wealth Management lifted its stake in shares of Broadcom by 8.1% in the fourth quarter. Spartan Planning & Wealth Management now owns 9,652 shares of the semiconductor manufacturer’s stock worth $3,341,000 after buying an additional 720 shares in the last quarter. Finally, Traveka Wealth LLC lifted its stake in shares of Broadcom by 0.8% in the fourth quarter. Traveka Wealth LLC now owns 6,006 shares of the semiconductor manufacturer’s stock worth $2,079,000 after buying an additional 48 shares in the last quarter. 76.43% of the stock is owned by institutional investors.

Key Stories 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

Analyst Ratings Changes

AVGO has been the subject of a number of analyst reports. KeyCorp reissued an “overweight” rating and set a $500.00 price objective (up previously from $460.00) on shares of Broadcom in a research note on Friday, December 12th. Citigroup reissued a “buy” rating and set a $480.00 price target (up previously from $415.00) on shares of Broadcom in a research report on Friday, December 12th. TD Cowen boosted their price objective on shares of Broadcom from $405.00 to $450.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Barclays reaffirmed an “overweight” rating and set a $500.00 price objective (up from $450.00) on shares of Broadcom in a research note on Friday, December 12th. Finally, Cowen reissued a “buy” rating on shares of Broadcom in a research note on Friday, December 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $436.89.

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.