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Broadcom shares dropped after CEO and director sold millions in stock, but analysts still rate it a "Buy" due to strong AI exposure.
Broadcom shares fell 3.2% to $332.48 on January 6, 2026, after CEO Hock E. Tan sold 70,000 shares for $24.3 million and director Mark David Brazeal sold 30,000 shares for $10.4 million, reducing their stakes significantly.
The stock dipped as low as $330.50, though analysts maintained positive ratings, citing strong AI infrastructure exposure, a recent earnings beat, and a $450 price target from Goldman Sachs.
Despite insider selling, the consensus rating remains “Buy” with a $438 average target.
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Las acciones de Broadcom cayeron después de que el CEO y el director vendieron millones en acciones, pero los analistas aún lo califican de "comprar" debido a la fuerte exposición a la IA.