Broadcom Inc’s recent filing unveils that its Director SAMUELI HENRY unloaded Company’s shares for reported $120.58 million on Mar 26 ’25. In the deal valued at $181.60 per share,663,976 shares were sold. As a result of this transaction, SAMUELI HENRY now holds 38,798,721 shares worth roughly $6.05 billion.
Then, Samueli Foundation bought 136,248 shares, generating $23,611,656 in total proceeds.
Before that, D95GT, LLC bought 663,976 shares. Broadcom Inc shares valued at $120,577,112 were divested by the Managing Member at a price of $181.60 per share.
Daiwa Securities upgraded its Broadcom Inc [AVGO] rating to a Buy from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Buy”‘ rating for it. Mizuho also remained covering AVGO and reiterated its “an Outperform” recommendation on October 14, 2024. William Blair started covering the stock on September 18, 2024. It rated AVGO as “an Outperform”.
Price Performance Review of AVGO
On Tuesday, Broadcom Inc [NASDAQ:AVGO] saw its stock jump 1.23% to $156.03. Over the last five days, the stock has lost -7.41%. Broadcom Inc shares have fallen nearly -32.70% since the year began. Nevertheless, the stocks have risen 16.49% over the past one year. While a 52-week high of $251.88 was reached on 01/24/25, a 52-week low of $119.76 was recorded on 04/07/25. SMA at 50 days reached $199.07, while 200 days put it at $183.54.
Levels Of Support And Resistance For AVGO Stock
The 24-hour chart illustrates a support level at 149.49, which if violated will result in even more drops to 142.94. On the upside, there is a resistance level at 166.18. A further resistance level may holdings at 176.32. The Relative Strength Index (RSI) on the 14-day chart is 33.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -19.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.40%. Stochastics %K at 23.10% indicates the stock is a holding.
How much short interest is there in Broadcom Inc?
A steep rise in short interest was recorded in Broadcom Inc stocks on 2025-03-14, growing by 3.66 million shares to a total of 54.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 50.73 million shares. There was a rise of 6.74%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 16, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $210.
