Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Broadcom Inc shares valued at $148,000 were sold by PAGE JUSTINE on Apr 14 ’25. At $185.00 per share, PAGE JUSTINE sold 800 shares. The insider’s holdings dropped to 25,380 shares worth approximately $5.01 million following the completion of this transaction.
Also, Brazeal Mark David sold 25,000 shares, netting a total of over 4,500,000 in proceeds. Following the sale of shares at $180.00 each, the insider now holds 465,956 shares.
Before that, PAGE JUSTINE had added 800 shares to its account. In a trade valued at $148,000, the Director bought Broadcom Inc shares for $185.00 each.
As published in their initiating research note from Seaport Research Partners on April 30, 2025, Broadcom Inc [AVGO] has been a Buy and the price target has been revised to $230. Analysts at Daiwa Securities upgraded the stock from ‘”an Outperform”‘ to ‘”a Buy”‘ outlook in a report released in early April. As of December 13, 2024, TD Cowen has reiterated its “Buy” rating for AVGO. Earlier on October 14, 2024, Mizuho resumed its rating. Their recommendation was “an Outperform” for AVGO stock.
Analyzing AVGO Stock Performance
During the last five days, there has been a surge of approximately 4.88%. Over the course of the year, Broadcom Inc shares have dropped approximately -14.89%. Shares of the company reached a 52-week high of $249.59 on 01/24/25 and a 52-week low of $138.10 on 04/07/25. A 50-day SMA is recorded $185.02, while a 200-day SMA reached $184.74.
Support And Resistance Levels for Broadcom Inc (AVGO)
According to the 24-hour chart, there is a support level at 195.24, which, if violated, would cause prices to drop to 193.16. In the upper region, resistance lies at 200.41. The next price resistance is at 203.49. RSI (Relative Strength Index) is 60.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 11.41, which suggests the price will increase in the coming days. Percent R is at 10.23%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
