JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Director Justine Page of Broadcom Inc. (NASDAQ:AVGO) sold 800 shares of the company’s common stock on August 14, 2025. The shares were sold at a price of $307.46, for a total transaction value of $245967.
Following the transaction, Page directly owns 23,782 shares of Broadcom, including 1,602 restricted stock units.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 9, 2025.
In other recent news, Broadcom has seen several updates from major financial institutions regarding its stock price targets. Goldman Sachs reiterated its Buy rating on Broadcom, setting a price target of $340. They highlighted a focus on near-term XPU revenue and AI revenue guidance for fiscal year 2026. Meanwhile, Morgan Stanley raised its price target for Broadcom to $338, maintaining an Overweight rating due to an increased 2026 MW EPS multiple. Mizuho also adjusted its price target for Broadcom, raising it to $329, citing opportunities in China following trade negotiations allowing AI GPU shipments. Broadcom has gained 64.91% in the past year, driven by demand for AI and networking chips, along with high-margin software revenue from recent acquisitions. These developments reflect Broadcom’s strategic positioning in AI and networking technologies.
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