Broadcom Inc. (AVGO)'s Director Sells 80 Shares at $307.46 Each; Goldman Sachs Reiterates 'Buy' Rating

Broadcom Inc. (NASDAQ:AVGO) is one of the 14 Best IT Stocks to Buy for the Long Term.

On August 15, 2025, Broadcom Inc. (NASDAQ:AVGO) announced that Director Justine Page sold 800 shares on the previous day at $307.46 each. The sale, valued at $246,000, was conducted under a pre-arranged Rule 10b5-1 plan established in January. Following the transaction, Page is left with 23,782 shares, including restricted stock units.

Two days prior to the insider transaction, Goldman Sachs reiterated its ‘Buy’ rating on Broadcom Inc. (NASDAQ:AVGO) with a $340 price target. The investment firm highlighted the company’s strong growth outlook within semiconductors and infrastructure software markets, bolstering investor confidence.

Operating through its Semiconductor Solutions and Infrastructure Software segments, Broadcom Inc. (NASDAQ:AVGO) develops and supplies semiconductor devices and infrastructure software solutions globally. It is one of the best IT stocks.

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