S. Ram Velaga, President of ISG at Broadcom Inc. (AVGO), sold 17,260 shares of the company's stock on April 9, 2026. The transaction, executed at an average price of $352.12 per share, amounted to approximately $6.08 million.
This sale is part of a series of recent transactions by Broadcom insiders, including multiple sales by Velaga himself on April 8th and other executives like Justine Page, Charlie B. Kawwas, and Henry Samueli in late March and early April.
Insider sales can be attributed to various reasons such as portfolio diversification, tax planning, or adherence to pre-arranged trading plans. These actions do not necessarily indicate a negative sentiment towards the company's future performance.