S. Ram Velaga Sells 8,000 Shares of Broadcom (NASDAQ:AVGO) Stock

Posted by Geri Gentry on Apr 14th, 2026

Broadcom Inc. (NASDAQ:AVGO – Get Free Report) insider S. Ram Velaga sold 8,000 shares of the firm’s stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $370.52, for a total transaction of $2,964,160.00. Following the completion of the transaction, the insider directly owned 57,932 shares of the company’s stock, valued at $21,464,964.64. This represents a 12.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

S. Ram Velaga also recently made the following trade(s):

On Wednesday, April 8th, S. Ram Velaga sold 12,955 shares of Broadcom stock. The stock was sold at an average price of $352.02, for a total transaction of $4,560,419.10.
On Thursday, April 9th, S. Ram Velaga sold 17,260 shares of Broadcom stock. The shares were sold at an average price of $352.12, for a total transaction of $6,077,591.20.
On Tuesday, March 17th, S. Ram Velaga sold 38,841 shares of Broadcom stock. The shares were sold at an average price of $321.60, for a total value of $12,491,265.60.
On Monday, March 16th, S. Ram Velaga sold 25,538 shares of Broadcom stock. The stock was sold at an average price of $326.10, for a total value of $8,327,941.80.

Broadcom Stock Up 0.2%

Shares of AVGO stock traded up $0.75 on Tuesday, reaching $380.50. 23,962,628 shares of the company’s stock traded hands, compared to its average volume of 26,348,883. The company has a market capitalization of $1.80 trillion, a P/E ratio of 74.32, a price-to-earnings-growth ratio of 0.77 and a beta of 1.24. Broadcom Inc. has a 12-month low of $161.61 and a 12-month high of $414.61. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. The business’s 50 day moving average price is $327.15 and its two-hundred day moving average price is $343.46.

Broadcom (NASDAQ:AVGO – Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.02. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same period in the prior year, the business earned $1.60 EPS. The business’s revenue for the quarter was up 29.5% on a year-over-year basis. On average, equities analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom’s dividend payout ratio is 50.78%.

Hedge Funds Weigh In On Broadcom

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVGO. Norges Bank bought a new position in shares of Broadcom during the 4th quarter valued at $24,252,196,000. Cardano Risk Management B.V. increased its position in Broadcom by 895.2% during the fourth quarter. Cardano Risk Management B.V. now owns 12,689,800 shares of the semiconductor manufacturer’s stock worth $4,391,940,000 after buying an additional 11,414,701 shares during the last quarter. State Street Corp increased its position in Broadcom by 2.7% during the fourth quarter. State Street Corp now owns 190,084,351 shares of the semiconductor manufacturer’s stock worth $65,788,194,000 after buying an additional 5,040,801 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Broadcom by 499.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 5,634,232 shares of the semiconductor manufacturer’s stock valued at $1,858,789,000 after buying an additional 4,694,313 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Broadcom by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 482,707,302 shares of the semiconductor manufacturer’s stock valued at $167,064,997,000 after buying an additional 3,919,715 shares in the last quarter. Institutional investors own 76.43% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Truist Financial boosted their price objective on shares of Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. The Goldman Sachs Group reissued a “buy” rating and set a $450.00 target price on shares of Broadcom in a research note on Monday, January 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Broadcom in a report on Friday. JPMorgan Chase & Co. upped their price target on shares of Broadcom from $475.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, March 5th. Finally, Mizuho set a $480.00 price objective on Broadcom and gave the stock an “outperform” rating in a report on Friday, January 9th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $435.30.

Check Out Our Latest Research Report on Broadcom

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Meta has committed to large-scale custom AI silicon deployment (reported as ~1 gigawatt initial commitment and multi‑gigawatt roadmap) and extended Broadcom support for Meta’s training/inference accelerators, giving Broadcom multi‑year design wins and revenue visibility. Read More.
Positive Sentiment: Broadcom says the partnership with Meta will support the industry’s first 2nm AI compute accelerator and a multi‑year infrastructure rollout — a technical leadership signal that could translate into sustained high‑margin ASIC and IP revenue. Read More.
Positive Sentiment: Anthropic and Alphabet expansions involving Broadcom reinforce its positioning as a multi‑customer AI supplier — strengthening the narrative that Broadcom can capture a growing share of custom AI infrastructure spend (and a partial competitive counterweight to Nvidia). Read More.
Neutral Sentiment: Momentum and positive media/analyst coverage (sector breakout, “Bull of the Day,” momentum picks) are supporting flows into AVGO but can raise short‑term volatility as traders chase strength. Read More.
Negative Sentiment: Insider selling — director Gayla J. Delly (and other insiders reported) recently sold shares, which may weigh on near‑term sentiment even if not indicative of company fundamentals. Read More.
Negative Sentiment: Analysts caution structural risks remain (customer concentration, competition vs. entrenched GPU suppliers), meaning the long‑term margin and growth story isn’t risk‑free despite the new wins. Read More.

Broadcom Company Profile

(Get Free Report)

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.