Broadcom Shares Spike After Hours On Lloyds Partnership Buzz, Director Sells $288,000 Worth Of Stock - Broadcom (NASDAQ:AVGO)

Core Viewpoint - Broadcom Inc. is experiencing stock price fluctuations influenced by strategic partnerships and strong performance in the AI sector, with a notable after-hours recovery following a decline in regular trading. Group 1: Stock Performance - Broadcom's stock gained 1.31% in after-hours trading, reaching $350.70, recovering from a 3.84% decline during regular trading [2] - The stock has shown a remarkable 114.12% increase over the past year and a 49.31% rise in 2025, despite a recent 6.88% loss over the past 5 days [5] - The stock has traded between $138.10 and $374.23 over the year, with a market capitalization of $1.63 trillion and an average trading volume of 23.65 million shares [5] Group 2: Strategic Partnerships - Broadcom announced a multi-year partnership with Lloyds Banking Group, which will enhance the use of Broadcom's infrastructure software for Lloyds' 28 million U.K. customers [4] - This partnership is expected to drive investor confidence and contribute to the company's growth in the financial sector [4] Group 3: Financial Performance - Broadcom reported $15.95 billion in third-quarter revenue, with AI-related sales increasing by 63% [4] - The company maintains a price-to-earnings ratio of 88.43 and a dividend yield of 0.68% [5] Group 4: Insider Activity - Justine Page, a director at Broadcom, sold 800 shares at $360 each, totaling $288,000, while still holding 22,982 shares [3]