Broadcom Inc (NASDAQ: AVGO) is -17.05% lower on its value in year-to-date trading and has touched a low of $122.33 and a high of $251.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AVGO stock was last observed hovering at around $188.15 in the last trading session, with the day’s gains setting it 4.16%.
Currently trading at $192.31, the stock is 12.36% and 2.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.21 million and changing 2.21% at the moment leaves the stock 4.34% off its SMA200. AVGO registered 53.95% gain for a year compared to 6-month loss of 7.21%. The firm has a 50-day simple moving average (SMA 50) of $188.069 and a 200-day simple moving average (SMA200) of $184.30905.
The stock witnessed a 7.27% gain in the last 1 month and extending the period to 3 months gives it a -21.41%, and is 12.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.80% over the week and 6.27% over the month.
Broadcom Inc (AVGO) has around 37000 employees, a market worth around $904.23B and $54.53B in sales. Current P/E ratio is 92.76 and Fwd P/E is 24.69. Profit margin for the company is 18.47%. Distance from 52-week low is 57.20% and -23.65% from its 52-week high. The company has generated returns on investments over the last 12 months (7.71%).
with sales reaching $14.98B over the same period.The EPS is expected to grow by 35.74% this year, but quarterly earnings will post 21.38% year-over-year. Quarterly sales are estimated to grow 19.94% in year-over-year returns.
Broadcom Inc (AVGO) Top Institutional Holders
4870.0 institutions hold shares in Broadcom Inc (AVGO), with institutional investors hold 80.56% of the company’s shares. The shares outstanding are 4.70B, and float is at 4.61B with Short Float at 1.16%. Institutions hold 78.94% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 44.82 million shares valued at $71.96 billion. The investor’s holdings represent 9.612% of the AVGO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 34.2 million shares valued at $54.91 billion to account for 7.3344 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 22.42 million shares representing 4.8081% and valued at over $36.0 billion, while CAPITAL INTERNATIONAL INVESTORS holds 4.0821 of the shares totaling 19.03 million with a market value of $30.56 billion.
Broadcom Inc (AVGO) Insider Activity
The most recent transaction is an insider sale by PAGE JUSTINE, the company’s Director. SEC filings show that PAGE JUSTINE sold 800 shares of the company’s common stock on Apr 14 ’25 at a price of $185.00 per share for a total of $0.15 million. Following the sale, the insider now owns 25380.0 shares.
Broadcom Inc disclosed in a document filed with the SEC on Apr 11 ’25 that Brazeal Mark David (Chief Legal & Corp Affairs Ofc) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Apr 11 ’25 and was made at $180.00 per share for $4.5 million. Following the transaction, the insider now directly holds 0.47 million shares of the AVGO stock.
Still, SEC filings show that on Apr 14 ’25, PAGE JUSTINE (Director) Proposed Sale 800 shares at an average price of $185.00 for $0.15 million. The insider now directly holds shares of Broadcom Inc (AVGO).
