Justine Page, the director of Broadcom Inc (NASDAQ: AVGO), recently sold 312 shares of the company at $1,800 per share, according to a filing with the SEC. Following this transaction, Page now owns 3,002 shares of Broadcom Inc. The company is a global technology leader in semiconductor and infrastructure software solutions, serving various markets including industrial, networking, software, broadband, wireless, and storage.
In the past year, Justine Page has sold a total of 565 shares of Broadcom Inc stock and has not made any purchases. This selling trend among company insiders has continued, with 21 insider sales and only 2 insider purchases at Broadcom Inc in the last year. The company currently has a market capitalization of approximately $807.5 billion, with shares trading at $1,800. The P/E ratio stands at 74.60, higher than the industry average of 34.09.
Valuation metrics show the stock is significantly overvalued, with a GF value of $859.51 and a GF price to value ratio of 2.09. This valuation is based on historical multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio, and free cash flow, along with an adjustment factor from GuruFocus and estimates from Morningstar analysts.
The recent insider transaction may be of interest to investors looking for insights into insider sentiment and potential future stock movements. However, it’s important to note that the information provided is general in nature and not personalized financial advice. The analysis is based on historical data, analyst projections, and an unbiased methodology. It does not offer specific recommendations to buy or sell shares and does not consider individual investment objectives or financial circumstances. The goal is to provide data-driven long-term fundamental analysis.
Please be aware that the analysis may not include the most recent company announcements or qualitative information. GuruFocus, the source of this content, does not have any positions in the stocks mentioned.
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