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Seaport Research Partners initates Broadcom Inc (AVGO) stock to a Buy

Broadcom Inc’s recently made public that its Director PAGE JUSTINE unloaded Company’s shares for reported $0.15 million on Apr 14 ’25. In the deal valued at $185.00 per share,800 shares were sold. As a result of this transaction, PAGE JUSTINE now holds 25,380 shares worth roughly $5.09 million.

Then, Brazeal Mark David sold 25,000 shares, generating $4,500,000 in total proceeds. Upon selling the shares at $180.00, the Chief Legal & Corp Affairs Ofc now owns 465,956 shares.

Before that, PAGE JUSTINE bought 800 shares. Broadcom Inc shares valued at $148,000 were divested by the Director at a price of $185.00 per share.

Seaport Research Partners initiated its Broadcom Inc [AVGO] rating to a Buy in a research note published on April 30, 2025; the price target was $230. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who increased its forecast for the stock in early April from “an Outperform” to “a Buy”. TD Cowen also remained covering AVGO and reiterated its “Buy” recommendation on December 13, 2024. Mizuho maintained its rating on October 14, 2024. It rated AVGO as “an Outperform”.

Price Performance Review of AVGO

On Monday, Broadcom Inc [NASDAQ:AVGO] saw its stock fall -1.43% to $200.72. Over the last five days, the stock has gained 4.29%. Broadcom Inc shares have fallen nearly -13.42% since the year began. Nevertheless, the stocks have risen 61.50% over the past one year. While a 52-week high of $251.88 was reached on 01/24/25, a 52-week low of $124.71 was recorded on 04/07/25. SMA at 50 days reached $184.19, while 200 days put it at $185.14.

Levels Of Support And Resistance For AVGO Stock

The 24-hour chart illustrates a support level at 199.40, which if violated will result in even more drops to 198.08. On the upside, there is a resistance level at 202.64. A further resistance level may holdings at 204.55. The Relative Strength Index (RSI) on the 14-day chart is 61.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 15.17, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.25%. Stochastics %K at 91.30% indicates the stock is a selling.

The most recent change occurred on September 18, 2024 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .

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