On September 25, 2024, Gayla Delly, Director at Broadcom Inc (AVGO, Financial), executed a sale of 750 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now directly owns 34,750 shares of Broadcom Inc.
Broadcom Inc is a global technology leader that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. The company's products serve the data center, networking, software, broadband, wireless, and storage and industrial markets.
Shares of Broadcom Inc were priced at $174.53 on the day of the transaction. The company's market cap is approximately $806.56 billion, reflecting its significant presence in the technology sector.
The price-earnings ratio of Broadcom Inc stands at 150.03, which is substantially higher than the industry median of 31.755. This ratio also exceeds the historical median for the company, indicating a premium valuation compared to its earnings.
According to the GF Value, the intrinsic value of Broadcom Inc's stock is estimated at $98.48. With the current price of $174.53, the stock has a price-to-GF-Value ratio of 1.77, categorizing it as Significantly Overvalued.
The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus for past performance, and future business performance estimates provided by Morningstar analysts.
The insider transaction history for Broadcom Inc shows a trend of more sales than purchases among insiders over the past year, with 26 insider sales and no insider buys. This could suggest a consensus among insiders about the stock's valuation.
For more detailed information on insider transactions and stock valuation, investors and stakeholders are encouraged to review the official SEC filings and consult professional financial advice tailored to their individual investment goals and financial situations.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
