Director Diane M Bryant sold 15,000 shares of AVGO at $226.68 on 2024-12-23; holdings reduced to 6,460 shares (-69.9%).
Director Diane M Bryant executed a substantial sale of 15,000 shares, reducing her AVGO holdings by 69.9% to 6,460 shares post-transaction. The sale occurred at $226.68 per share as the stock was trading near its 52-week highs (current price $245.36 is -1.9% from the $250.00 peak), following a 48.9% surge over the prior 30 days and 42.1% over 90 days. Broadcom's fundamentals remain mixed: annual revenue growth stands at +44.0% with a $13.1B latest quarterly revenue, yet the company posted a $-1.9B net loss in the most recent period, resulting in an elevated P/E ratio of 193.20. The director's near-complete divestiture of her position during a period of significant stock appreciation warrants monitoring, particularly given the disconnect between strong revenue expansion and current net profitability.