Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Broadcom Inc shares valued at $184,152 were purchased by PAGE JUSTINE on May 14 ’25. At $230.19 per share, PAGE JUSTINE acquired 800 shares.
Also, PAGE JUSTINE sold 800 shares, netting a total of over 148,000 in proceeds. Following the sale of shares at $185.00 each, the insider now holds 25,380 shares.
Before that, Brazeal Mark David had sold 25,000 shares from its account. In a trade valued at $4,500,000, the Chief Legal & Corp Affairs Ofc traded Broadcom Inc shares for $180.00 each. Upon closing the transaction, the insider’s holdings decreased to 25,000 shares, worth approximately $108.16 million.
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 13.33%. Over the course of the year, Broadcom Inc shares have jumped approximately 0.12%. 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 $186.43, while a 200-day SMA reached $187.20.
Support And Resistance Levels for Broadcom Inc (AVGO)
According to the 24-hour chart, there is a support level at 229.15, which, if violated, would cause prices to drop to 226.17. In the upper region, resistance lies at 234.30. The next price resistance is at 236.47. RSI (Relative Strength Index) is 75.41 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 23.20, which suggests the price will increase in the coming days. Percent R is at 6.16%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
