2,094 Shares in Broadcom Inc. $AVGO Bought by Greenup Street Wealth Management LLC

Greenup Street Wealth Management LLC acquired a new stake in Broadcom Inc. (NASDAQ:AVGO) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,094 shares of the semiconductor manufacturer’s stock, valued at approximately $691,000.

Other large investors have also bought and sold shares of the company. Sawyer & Company Inc increased its stake in shares of Broadcom by 62.1% in the second quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 36 shares during the period. Longfellow Investment Management Co. LLC bought a new stake in Broadcom in the second quarter valued at approximately $27,000. Legend Financial Advisors Inc. acquired a new stake in Broadcom during the 2nd quarter valued at approximately $28,000. Teachers Insurance & Annuity Association of America bought a new position in Broadcom during the 2nd quarter worth approximately $28,000. Finally, LGT Financial Advisors LLC acquired a new position in shares of Broadcom in the 2nd quarter worth approximately $31,000. 76.43% of the stock is owned by institutional investors.

Insider Activity

In related news, CFO Kirsten M. Spears sold 3,714 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.79, for a total value of $1,217,412.06. Following the sale, the chief financial officer owned 307,237 shares in the company, valued at $100,709,216.23. This represents a 1.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Hock E. Tan sold 130,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $326.02, for a total transaction of $42,382,600.00. Following the completion of the transaction, the chief executive officer directly owned 595,638 shares in the company, valued at approximately $194,189,900.76. The trade was a 17.92% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 624,780 shares of company stock valued at $230,064,150. 2.00% of the stock is currently owned by insiders.

Broadcom Stock Down 0.8%

AVGO stock opened at $349.37 on Tuesday. The stock’s 50 day simple moving average is $362.74 and its 200 day simple moving average is $325.67. The company has a market cap of $1.66 trillion, a P/E ratio of 73.40, a price-to-earnings-growth ratio of 1.21 and a beta of 1.19. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, beating the consensus estimate of $1.87 by $0.08. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same quarter in the previous year, the company posted $1.42 earnings per share. The company’s quarterly revenue was up 28.2% on a year-over-year basis. On average, research analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be issued a dividend of $0.65 per share. The ex-dividend date is Monday, December 22nd. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom’s dividend payout ratio is currently 54.62%.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Large AI backlog and product roadmap support medium‑term growth: market commentary highlights Broadcom’s multi‑billion AI order backlog and its role supplying custom silicon, networking and data‑center infrastructure — a core beneficiary of the AI data‑center cycle. QuiverQuant: Opinions on AI Backlog and Earnings Drop
• Positive Sentiment: Strong analyst sentiment and lofty price targets point to upside over time: multiple firms have issued buy/overweight ratings and a median price target near $450, with several $475–$510 targets cited. That institutional conviction supports longer‑term investor case. Analyst Ratings & Price Targets
• Positive Sentiment: Sector dynamics (NVIDIA/Groq deal) amplify demand for networking and infrastructure — ETFs and diversified semiconductor plays (like SOXX) call out Broadcom as a beneficiary as AI moves from training to inference. MarketBeat: The Lazy Way to Play NVIDIA’s $20B Groq Deal
• Neutral Sentiment: Insider selling is active but largely explained: recent Form 4s show many sales were automatic with RSU tax withholding; one material Hock Tan transaction was described as an exchange‑fund diversification rather than an outright vote of no confidence. That reduces but doesn’t eliminate investor concern. MarketBeat: Broadcom’s Insider Selling
• Neutral Sentiment: Heavy social and hedge‑fund chatter: AVGO has seen big year‑to‑date gains and substantial institutional position churn; conversation mixes bullish AI theses with concerns about non‑AI revenue trends. QuiverQuant discussion summary
• Negative Sentiment: Near‑term pressure from post‑earnings selloff and margin/guidance worries: the Dec. earnings beat was followed by a sharp pullback as investors parsed flat non‑AI guidance and gross‑margin questions — fueling today’s weakness. MarketBeat: Post‑earnings selloff analysis
• Negative Sentiment: Rotation risk: reports that some large investors are trimming mega‑cap AI winners and rotating positions could sustain short‑term outflows from AVGO if momentum favors other sector leaders. 247WallSt: Billionaires Dump the Magnificent Seven

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on AVGO shares. Cowen reiterated a “buy” rating on shares of Broadcom in a research report on Friday, December 12th. Rosenblatt Securities upped their price target on shares of Broadcom from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Susquehanna reiterated a “positive” rating and set a $450.00 price target (up from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Robert W. Baird set a $420.00 price objective on Broadcom in a research note on Friday, December 12th. Finally, TD Cowen upped their target price on Broadcom from $405.00 to $450.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Broadcom presently has a consensus rating of “Buy” and an average price target of $436.33.

About Broadcom

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.