Broadcom Inc. $AVGO Shares Acquired by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. raised its holdings in Broadcom Inc. (NASDAQ:AVGO) by 43.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,264 shares of the semiconductor manufacturer’s stock after purchasing an additional 4,345 shares during the period. Weatherly Asset Management L. P.’s holdings in Broadcom were worth $4,706,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of AVGO. CRA Financial Services LLC grew its holdings in Broadcom by 1.0% in the 3rd quarter. CRA Financial Services LLC now owns 24,275 shares of the semiconductor manufacturer’s stock worth $8,009,000 after buying an additional 250 shares in the last quarter. Greenup Street Wealth Management LLC bought a new position in Broadcom during the 3rd quarter valued at $691,000. Asio Capital LLC lifted its holdings in Broadcom by 1.0% in the 3rd quarter. Asio Capital LLC now owns 54,992 shares of the semiconductor manufacturer’s stock valued at $18,142,000 after acquiring an additional 533 shares during the last quarter. Custos Family Office LLC increased its holdings in shares of Broadcom by 10.0% in the third quarter. Custos Family Office LLC now owns 2,006 shares of the semiconductor manufacturer’s stock valued at $662,000 after buying an additional 182 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. raised its position in shares of Broadcom by 13.3% during the third quarter. Richards Merrill & Peterson Inc. now owns 3,521 shares of the semiconductor manufacturer’s stock worth $1,162,000 after purchasing an additional 412 shares during the period. Institutional investors own 76.43% of the company’s stock.

Broadcom Trading Down 0.8%

Shares of AVGO stock opened at $349.37 on Tuesday. The firm has a market capitalization 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. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61. The firm’s fifty day simple moving average is $362.74 and its 200 day simple moving average is $325.67. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76.

Broadcom (NASDAQ:AVGO) last released its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.08. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The business had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter last year, the company earned $1.42 earnings per share. The firm’s revenue was up 28.2% on a year-over-year basis. As a group, sell-side analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be given a dividend of $0.65 per share. This is a boost from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, December 22nd. Broadcom’s dividend payout ratio (DPR) is presently 54.62%.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Large AI backlog and product roadmap bolster medium‑term growth thesis; investors point to Broadcom as a key supplier of networking, ASICs and data‑center infrastructure that should benefit as AI shifts toward inference. Read More.
• Positive Sentiment: Wall Street remains bullish with many Buy/Outperform ratings and high price targets (median near $450; several $475–$510 targets cited), supporting upside expectations despite near‑term weakness. Read More.
• Positive Sentiment: Sector dynamics (e.g., NVIDIA’s Groq deal) increase demand for networking and infrastructure components — Broadcom is repeatedly cited as a beneficiary, which can attract ETF and institutional flows into semiconductor/networking exposures. Read More.
• Neutral Sentiment: Recent insider selling is high in dollar terms, but much of it reflects RSU tax‑withholding and structured diversification (exchange fund) rather than pure discretionary sell signals — this tempers, but does not erase, investor concern. Read More.
• Neutral Sentiment: Heavy social/hedge‑fund chatter and sizable institutional position changes amplify volatility: strong YTD gains have increased narrative-driven trading and position churn. Read More.
• Negative Sentiment: Post‑earnings selloff driven by flat non‑AI guidance and margin questions triggered short‑term profit‑taking; that dynamic is the primary reason for current price weakness. Read More.
• Negative Sentiment: Significant CEO/insider share sales (see Hock Tan Form 4) and reports of rotation out of some mega‑cap AI winners create near‑term downside risk if momentum favors other names. Read More. • Read More.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on AVGO shares. Raymond James Financial set a $420.00 target price on Broadcom and gave the stock an “outperform” rating in a research report on Thursday, November 20th. KeyCorp reaffirmed an “overweight” rating and issued a $500.00 target price (up from $460.00) on shares of Broadcom in a research report on Friday, December 12th. Bank of America raised their price objective on shares of Broadcom from $460.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Benchmark lifted their price objective on shares of Broadcom from $385.00 to $485.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Finally, Rosenblatt Securities increased their target price on shares of Broadcom from $400.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $436.33.

Insider Buying and Selling at Broadcom

In other Broadcom news, Director Harry L. You acquired 1,000 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was bought at an average price of $325.13 per share, for a total transaction of $325,130.00. Following the purchase, the director owned 36,602 shares in the company, valued at $11,900,408.26. This represents a 2.81% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Mark David Brazeal sold 38,281 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $327.65, for a total transaction of $12,542,769.65. Following the transaction, the insider directly owned 266,494 shares of the company’s stock, valued at $87,316,759.10. The trade was a 12.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 624,780 shares of company stock valued at $230,064,150 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.

Broadcom Company Profile

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.