In Monday’s Wall Street session, Broadcom Inc (NASDAQ:AVGO) shares traded at $253.77, up 1.51%% from the previous session.
AVGO stock price is now 15.52% away from the 50-day moving average and 27.68% away from the 200-day moving average. The market capitalization of the company currently stands at $1193.60B.
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, Spears Kirsten M., CFO & Chief Accounting Officer sold 56,310 shares of the company’s stock on Jun 18 ’25. The stock was sold for $14,175,986 at an average price of $251.75. Upon completion of the transaction, the CFO & Chief Accounting Officer now directly owns 361,937 shares in the company, valued at $91.85 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 23 ’25, Officer Brazeal Mark David bought 50,000 shares of the business’s stock. A total of $12,664,250 was incurred on buying the stock at an average price of $253.28. 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.
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.
