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#NASDAQ:AVGO

**AVGO CEO Sells Significant Stake Amid Ongoing Insider Trading Activity**

Hock E Tan, the President and CEO of Broadcom Inc. (NASDAQ: AVGO), sold 45,000 shares on December 24, 2024, representing approximately 5.1% of his holdings. According to an SEC filing, Tan retains 842,836 shares following this transaction. The sale adds to a series of insider trades over the past six months, with AVGO insiders executing 17 sales without any purchases during this period.

Institutional investors have also been actively adjusting their AVGO holdings, with notable movements such as the Vanguard Group adding 20.3 million shares in Q3 2024, while Bank of Nova Scotia reduced its position by over 91%. Congressional members have participated in trading the stock as well, with a mix of purchases and sales reported over the last six months.

Source: Quiver News
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