Rep. David Taylor Buys Broadcom (AVGO): STOCK Act Disclosure Analysis
Congressional trade disclosure analysis: Rep. David Taylor's purchase of Broadcom (AVGO) stock on July 24, 2026, filed August 6, 2026 under the STOCK Act, with size range $1,001-$15,000 and excess return of +7.35%.
What Happened
On July 24, 2026, U.S. Representative David Taylor (House Republican) executed a purchase of Broadcom Inc. (AVGO) common stock. This transaction was filed under the STOCK Act (Stock Trading on Congressional Knowledge Act), which mandates that members of Congress publicly disclose financial transactions within 45 days of occurrence.
The filing was submitted on August 6, 2026, disclosing a purchase size range of $1,001 - $15,000. It is important to note that STOCK Act filings report ranges rather than exact amounts and lag the actual trade by up to 45 days. This disclosure requirement was designed to increase transparency in congressional trading practices and allow investors to assess whether members may have traded on non-public information.
The Trade Details
| Field | Value |
|---|---|
| Filer | David Taylor |
| Role | House / Republican |
| Ticker | AVGO (Broadcom Inc. - Common Stock) |
| Transaction Type | Purchase |
| Disclosed Size Range | $1,001 - $15,000 |
| Trade Date | July 24, 2026 |
| Disclosure Date | August 6, 2026 (filed via STOCK Act) |
| Excess Return | +7.35% since trade date |
Current Stock Quote Context (AVGO)
As of the latest available data: - Current Price: $427.76 USD - Previous Close: $370.78 - Day Change: +15.37% - Month Change: +10.05% - 52-Week High: $495.00 - 52-Week Low: $281.87
Price History Context (AVGO - Since Trade Date)
The stock has shown significant appreciation since the disclosed trade date: - Price on Trade Date (Jul 24, 2026): $381.92 - Price on Aug 7, 2026: $427.76 - Gain Since Trade: +12.0%
This performance context is relevant for understanding the STOCK Act's "excess return" metric, which Quiver Quantitative calculates as +7.35% for this particular trade. The excess return calculation helps identify trades that may have benefited from insider information versus normal market movements.
Related Trades by Same Filer
Representative Taylor also disclosed trades in other securities on the same filing date (August 6, 2026): - MSFT (Microsoft Corporation): Purchase, $1,001 - $15,000, Trade Date: July 24, 2026 - FITB (Fifth Third Bancorp): Sale, $1,001 - $15,000, Trade Date: July 24, 2026 - KR (Kroger Company): Purchase, $1,001 - $15,000, Trade Date: July 24, 2026
These multiple trades in a single filing date suggest the representative may have been actively managing their portfolio around this time, potentially rebalancing positions or responding to market conditions.
Why It Matters
Broadcom (AVGO) is a semiconductor and infrastructure company that has shown strong performance amid AI chip demand and data center spending. The trade is noteworthy because:
- Strong Performance: The stock has gained over 12% since the disclosed trade date, with AVGO showing significant upward momentum
- Multiple Trades: The representative made multiple trades (purchases and sales) in a single filing, suggesting active portfolio management
- Sector Context: Broadcom is a major player in the semiconductor sector, which has been driven by AI chip demand
Investors monitoring congressional trading patterns use these disclosures to identify potential insider trading concerns, though it's important to remember that all members of Congress are permitted to invest in publicly traded companies as long as they comply with disclosure requirements.
By the numbers
- Trade Date: 2026-07-24
- Disclosure Date: 2026-08-06
- Disclosed Size Range: $1,001 - $15,000
- Estimated Excess Return: +7.35%
- Current AVGO Price: $427.76
- Previous Close AVGO: $370.78
- Day Change % AVGO: +15.37%
- Month Change % AVGO: +10.05%
- 52-Week High AVGO: $495.00
- 52-Week Low AVGO: $281.87
- Price on Trade Date (Jul 24, 2026): $381.92
- Price on Aug 7, 2026: $427.76
Source snapshot
This article presents informational reporting of public disclosures filed under the STOCK Act.