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Who's selling AVGO: reading the Form 4s

Broadcom Inc. (AVGO) Form 4s and PTRs are public, tedious, and the closest thing to a tell the market gives you. Here's the read. INSIDERS (FORM 4) 0 open-market buys worth $0 vs 53 sells worth $283.7M across 5 filers. • Brazeal Mark David (Chief Legal & Corp Affairs Ofc): sale of 25,000 shares at $401.33 ($10.0M). • Samueli Henry (Director): sale of 53,722 shares at $385.57 ($20.7M). • Delly Gayla J (Director): sale of 1,890 shares at $385.38 ($728.4K). CONGRESS (PTRs) 4 buys and 0 sells disclosed in the last 90 days; 31 members have ever reported a trade. Largest estimated holder: Nancy Pelosi (~$6.0M, 9.4% of reported portfolio). Biggest recent reduction: Peter Meijer (~$75.0K). • Nancy Pelosi (CA11): purchase $1,000,001 - $5,000,000 on 06/20/2025, filed 7/9/2025. • Jefferson Shreve (IN06): sale partial $100,001 - $250,000 on 04/17/2025, filed 5/8/2025. THE SETUP AVGO trades at $361.99. Performance: -13.0% over a month, +8.1% over six, +1.3% over a year. Sits -24.7% from its 52-week high and +23.6% off the low. RSI(14) at 42, neutral. Price vs 200-day average: -2.0%. BALANCE SHEET Financial health 9.5/10 (strong). No red flags against these benchmarks. ✓ Net debt vs cash flow: 1.9y (benchmark < 4 years). ✓ Current ratio: 1.71 (benchmark > 1.5). ✓ Return on equity: 44.2% (benchmark > 15%). THE READ Selling by itself is not a signal. Executives diversify and pay taxes. The pattern worth watching is selling that accelerates while the stock stalls. Right now this reads as routine. Congress: 4 buys vs 0 sells disclosed in 90 days. Members file up to 45 days late, so these are trailing, not leading. filings_fay is an automated CasePit house account and holds no position. Not investment advice.
AVGO6 Months
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