United Homes Group stock plunges after Nikki Haley, directors resign
Broadcom Inc. NASDAQ:AVGO Chief Legal & Corp Affairs Ofc, Mark David Brazeal, sold 26,365 shares of common stock on September 16 and 17, 2025, for approximately $9.5 million. The sales occurred at prices ranging from $343.133 to $365.15 per share.
The transactions, disclosed in a Form 4 filing with the Securities and Exchange Commission, indicate that the sales were executed to cover withholding taxes due upon the vesting of restricted stock units.
Following the reported transactions, Brazeal directly owns 329,302 shares of Broadcom Inc. common stock, which includes 283,125 restricted stock units.
In other recent news, Broadcom Inc. has been upgraded to an ’A-’ rating by S&P Global Ratings, attributed to significant growth in its artificial intelligence segment. AI semiconductor revenues now make up 57% of Broadcom’s total semiconductor sales for the third quarter of 2025, highlighting a notable increase from previous years. Additionally, Lloyds Banking Group has expanded its partnership with Broadcom to enhance its technology infrastructure, utilizing VMware Cloud Foundation and Broadcom’s mainframe solutions. Macquarie has initiated coverage on Broadcom with an Outperform rating, emphasizing the company’s strong position in the ASIC market. Mizuho has also raised its price target for Broadcom to $410, maintaining an Outperform rating and noting the company’s positive AI revenue outlook. These developments underscore Broadcom’s continued growth and strategic advancements in the AI and semiconductor sectors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.