Broadcom CEO Hock Tan Just Sold $24 Million Worth of AVGO Stock. Should You Dump Shares Too?

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The company’s CEO, Hock Tan, began the new year by offloading stock worth $24.3 million, selling 70,000 shares at $347.3. He now holds 908,474 shares in total. CFO Kirsten Spears and Chief Legal Officer Mark Brazeal also sold stock worth $10 million.While insider selling like this always raises concerns, it isn’t something out of the ordinary. In fact, during the same week that these company officials were selling, analysts were encouraging people to buy. For example, Mizuho came up with a target price upgrade, while Cathie Wood of ARK Invest added more than $10 million worth of shares. She took advantage of a dip in AI stocks last week, which shows how investors are still keeping a close eye on the stock and waiting for the right opportunity to buy.Ignore the Apple Noise and Consider Buying Qualcomm Stock for 2026If You Missed the Boat, Nvidia (NVDA) Stock Options Are Giving You Another TicketAlphabet Stock Is Still Undervalued According to Analysts - 1 Month GOOGL Puts Yield 2.50%Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.Broadcom sells a range of semiconductor solutions, software, and security solutions to customers across the globe. It is headquartered in Palo Alto, California, but has a presence in more than 100 locations in the world, spread mainly across the U.S., Europe, and Asia.The stock’s 50% one-year returns are impressive, though they are just about in line with the 51% returns of the iShares Semiconductor ETF (SOXX) during the same period. As one of the leaders in custom chipmaking, the firm enjoys an edge, and that edge is reflected in its returns.www.barchart.comIt is also interesting to look at the company’s valuations in the context of CEO Hock Tan’s sale. AVGO is trading at a forward P/E of 45.93x, 3.25% lower than its own 5-year historic average. So the question of peak valuation can be set aside, as he has had more attractive valuations to sell the stock at in the past. It is true that the dividend yield of 0.68% is not only well below the IT sector’s average of 1.4%, but it is also significantly below the stock’s own 5-year average of 2.05%. But then, CEOs seldom buy and sell a stock for its dividend yield.Compared to peers, AVGO’s forward P/E of 45.93x is well above that of Nvidia’s (NVDA) 40.45x. However, this is nothing new and again does not point to any outrageous overvaluation that could force an insider to go for the exit. One can therefore safely assume that the business is going strong, and the insider selling has more to do with the individuals’ personal finances for 2026 rather than issues with the underlying business.條款 及 私隱政策Privacy & Cookie SettingsMore InfoS&P Futures7,002.75 +21.00 (+0.30%)Dow Futures49,745.00 +106.00 (+0.21%)Nasdaq Futures25,808.25 +102.50 (+0.40%)Russell 2000 Futures2,699.60 +11.20 (+0.42%)VIX15.84 -0.91 (-5.43%)Gold4,604.70 -19.00 (-0.41%)熱門股票代號IBRX ImmunityBio, Inc. 3.9500 +0.9300 (+30.79%)ASTS AST SpaceMobile, Inc. 101.25 +6.03 (+6.33%)HOOD Robinhood Markets, Inc. 110.35 -9.32 (-7.79%)GS The Goldman Sachs Group, Inc. 975.86 +43.19 (+4.63%)SPHL Springview Holdings Ltd 17.41 +15.11 (+656.96%)投資組合登入存取你的投資組合登入最大升幅FIGR Figure Technology Solutions, Inc. 64.96 +9.14 (+16.37%)ERAS Erasca, Inc. 9.56 +1.25 (+15.04%)GLXY Galaxy Digital 31.99 +3.80 (+13.48%)FLNC Fluence Energy, Inc. 25.50 +2.85 (+12.58%)PEN Penumbra, Inc. 350.49 +37.06 (+11.82%)最大跌幅RGC Regencell Bioscience Holdings Limited 30.06 -5.11 (-14.53%)RCUS Arcus Biosciences, Inc. 21.79 -2.77 (-11.28%)CRCL Circle Internet Group 76.60 -8.20 (-9.67%)BEAM Beam Therapeutics Inc. 32.05 -3.36 (-9.49%)RDDT Reddit, Inc. 228.75 -23.63 (-9.36%)最活躍NVDA NVIDIA Corporation 187.05 +3.91 (+2.13%)INTC Intel Corporation 48.32 -0.40 (-0.82%)BBAI BigBear.ai Holdings, Inc. 6.17 -0.09 (-1.44%)GRAB Grab Holdings Limited 4.3900 -0.2400 (-5.18%)ONDS Ondas Holdings Inc. 12.82 -0.74 (-5.46%)主要經濟數據業績公佈我的業績公佈