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Selling Buzz: Broadcom Inc [AVGO] Director PAGE JUSTINE sells 800 shares of the company

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Broadcom Inc shares valued at $184,152 were sold by PAGE JUSTINE on May 14 ’25. At $230.19 per share, PAGE JUSTINE sold 800 shares. The insider’s holdings dropped to 26,182 shares worth approximately $6.04 million following the completion of this transaction.

Also, PAGE JUSTINE purchased 800 shares, netting a total of over 184,152 in proceeds.

Before that, PAGE JUSTINE had sold 800 shares from its account. In a trade valued at $148,000, the Director traded Broadcom Inc shares for $185.00 each. Upon closing the transaction, the insider’s holdings decreased to 800 shares, worth approximately $5.85 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 drop of approximately -0.91%. Over the course of the year, Broadcom Inc shares have dropped approximately -0.57%. 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.

Support And Resistance Levels for Broadcom Inc (AVGO)

According to the 24-hour chart, there is a support level at 227.41, which, if violated, would cause prices to drop to 224.29. In the upper region, resistance lies at 233.67. The next price resistance is at 236.81. RSI (Relative Strength Index) is 70.43 on the 14-day chart, showing overbought technical sentiment.

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