Velaga S. Ram (President, ISG) sold 8.0K shares of AVGO at $370.52 on 2026-04-10; current price $380.78, post-sale holdings 57.9K shares.
Velaga S. Ram sold 8,000 shares of Broadcom at $370.52 on 2026-04-10, reducing his holdings from 65.9K to 57.9K shares (-12.1% vs pre-transaction holdings), with a transaction value of $2,964,178.40. The stock currently trades at $380.78, approximately 3% above the sale price, and has rallied +18.2% over the past 30 days and +12.0% over 90 days while remaining -7.8% from its 52-week high of $412.97. Notably, this sale follows four other sales at AVGO within the prior week (on 2026-04-09, 2026-04-08, and twice on 2026-03-17), indicating a concentrated pattern of liquidation rather than an isolated transaction. The company's fundamentals remain robust with annual revenue growth of +23.9%, net income of $7.3B, and a market cap of $1,802.9B, though the P/E of 72.25 reflects elevated valuation expectations typical of the semiconductor sector.