Trading Activity in Broadcom Inc. $AVGO Shares Announced

Several trading events were reported for Broadcom Inc. $AVGO on March 29, 2026. Activity included buying and selling events by multiple institutions.

Multiple institutional investors disclosed changes to their AVGO positions on March 29, 2026, reflecting active portfolio rebalancing around the semiconductor giant. The filings reveal a mix of buying and selling activity, with several firms establishing new stakes while others trimmed existing holdings. Broadcom shares were trading near $300.68, representing a roughly 80% gain over the past 12 months.

The institutional activity comes amid heightened interest in Broadcom's AI networking and custom chip business. The company reported strong Q1 fiscal 2026 results and announced a $10 billion share buyback program, signaling management confidence in the stock's long-term trajectory. Director Henry Samueli also disclosed pre-scheduled sales of approximately 782,000 shares at prices between $316.76 and $324.13 under a Rule 10b5-1 trading plan.

The breadth of institutional participation underscores Broadcom's emergence as a core AI infrastructure holding alongside NVDA. With its VMware integration progressing and custom ASIC partnerships expanding with hyperscalers, the company occupies a growing share of institutional AI allocation strategies. Over the last quarter, insiders sold roughly 403,000 shares valued at approximately $133.5 million, though pre-scheduled 10b5-1 plans suggest these are routine liquidity events rather than bearish signals.