1 Broadcom Insider Just Dumped $12 Million in AVGO Stock. Should You Sell Too?

1 Broadcom Insider Just Dumped  Million in AVGO Stock. Should You Sell Too?

By Aditya Raghunath
Publication Date: 2025-12-24 16:57:00

Broadcom Inc logo on building-by Poetra_ RH via Shutterstock

Broadcom’s (AVGO) Chief Legal and Corporate Affairs Officer, Mark David Brazeal, recently sold 38,281 AVGO shares valued at $12.54 million, unloading stock in the $322.29 to $345.01 per share range. 

The timing of the sale is notable as it came amid growing investor skepticism about returns on massive AI infrastructure investments, even as Broadcom reported strong quarterly results that beat analyst expectations.

The semiconductor giant’s stock has experienced unusual volatility despite posting impressive numbers. Broadcom delivered fourth-quarter earnings of $1.95 per share on revenue of $18.02 billion, both exceeding Wall Street forecasts

CEO Hock Tan projected AI chip sales would double year-over-year (YoY) to $8.2 billion in the current quarter, driven by custom chips and AI networking semiconductors. The company also disclosed a massive $73 billion backlog for custom chips and data center components over…