Stocks of Broadcom Inc (NASDAQ:AVGO) traded higher last session on Wall Street, up 1.37% to $252.10.
AVGO stock price is now 18.68% away from the 50-day moving average and 28.04% away from the 200-day moving average. The market capitalization of the company currently stands at $1185.75B.
On May 28, 2025, Redburn Atlantic recently initiated its ‘Buy’ rating on the stock quoting a target price of $301, while ‘Seaport Research Partners’ rates the stock as ‘Buy’
In other news, TAN HOCK E, President and CEO sold 117,758 shares of the company’s stock on Jun 12 ’25. The stock was sold for $29,782,176 at an average price of $252.91. Upon completion of the transaction, the President and CEO now directly owns 1,014,152 shares in the company, valued at $255.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 16 ’25, Director PAGE JUSTINE bought 800 shares of the business’s stock. A total of $200,280 was incurred on buying the stock at an average price of $250.35. A total of 1.99% of the company’s stock is owned by insiders.
During the past 12 months, Broadcom Inc has had a low of $128.50 and a high of $265.43. As of last week, the company has a debt-to-equity ratio of 0.97, a current ratio of 1.08, and a quick ratio of 0.98. According to the stock market information, the enterprise value for the company is $132992098304, which is based on a 94.77 price-to-earnings ratio, a 3.76 price-to-earnings-growth ratio, and a beta of 1.12. The fifty day moving average price for AVGO is $212.4112 and a two-hundred day moving average price translates $196.89305 for the stock.
The latest earnings results from Broadcom Inc (NASDAQ: AVGO) was released for 2021-08-01. The net profit margin was 22.64% and return on equity was 18.98% for AVGO. The company reported revenue of $15.0 billion for the quarter, compared to $12.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.16 percent. For the current quarter, analysts expect AVGO to generate $15.82B in revenue.
