Broadcom Inc. $AVGO Shares Bought by Waycross Partners LLC

Waycross Partners LLC boosted its holdings in Broadcom Inc. (NASDAQ:AVGO) by 1.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 141,167 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,696 shares during the quarter. Broadcom accounts for approximately 4.0% of Waycross Partners LLC’s portfolio, making the stock its 8th largest position. Waycross Partners LLC’s holdings in Broadcom were worth $46,572,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JCIC Asset Management Inc. bought a new stake in Broadcom in the third quarter valued at about $31,000. Longfellow Investment Management Co. LLC acquired a new position in Broadcom during the 2nd quarter worth approximately $27,000. Teachers Insurance & Annuity Association of America bought a new position in Broadcom in the second quarter valued at $28,000. Manning & Napier Advisors LLC bought a new position in shares of Broadcom in the 3rd quarter valued at about $34,000. Finally, LGT Financial Advisors LLC acquired a new position in Broadcom during the second quarter worth $31,000. 76.43% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Mark David Brazeal sold 30,000 shares of Broadcom stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the sale, the insider directly owned 210,573 shares in the company, valued at approximately $73,094,099.76. This trade represents a 12.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total value of $10,434,600.00. Following the sale, the chief financial officer owned 277,237 shares in the company, valued at $96,428,573.34. The trade was a 9.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 779,101 shares of company stock valued at $283,804,325 over the last 90 days. 2.00% of the stock is currently owned by company insiders.

Broadcom Trading Down 1.0%

Shares of Broadcom stock opened at $330.81 on Friday. The stock has a 50 day moving average price of $337.85 and a two-hundred day moving average price of $341.22. Broadcom Inc. has a 52 week low of $138.10 and a 52 week high of $414.61. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. The stock has a market capitalization of $1.57 trillion, a PE ratio of 69.50, a price-to-earnings-growth ratio of 1.07 and a beta of 1.21.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.08. The firm had revenue of $18.02 billion for the quarter, compared to analyst estimates of $17.46 billion. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The business’s quarterly revenue was up 28.2% compared to the same quarter last year. During the same period last year, the firm earned $1.42 earnings per share. As a group, equities analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 0.8%. This is an increase from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio is currently 54.62%.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom launched BroadPeak™, a 5nm radio DFE SoC targeting massive MIMO and 5G Advanced/6G infrastructure; samples are shipping and the chip promises up to ~40% power reduction — a clear product catalyst for infrastructure and carrier spending. Broadcom Introduces Industry’s First 6G Digital Front-End SoC for Massive MIMO
• Positive Sentiment: Broadcom sits on a very large AI-related backlog (reported ~US$73B) and analysts expect heightened hyperscaler spending into FY26 — this pipeline underpins revenue visibility and supports upside expectations. Broadcom’s US$73b AI Backlog Puts Valuation And Risks In Focus
• Positive Sentiment: Multiple large institutional investors have increased positions recently (examples include Farallon, Woodline, Blackstone, Owl Creek), signaling confidence from some sophisticated buyers. Farallon Capital Boosts Broadcom Stake With 892,400 Shares
• Neutral Sentiment: Analyst commentary is mixed: many bullish price targets remain (median ~$450) but several pieces note AVGO is expensive on current multiples — that creates debate over near-term upside vs. valuation risk. Broadcom Stock Isn’t Cheap. Why Bulls Still See Room to Run
• Neutral Sentiment: Comparisons to peers (e.g., AMD) emphasize Broadcom’s diversified, software-plus-silicon model as a multi‑lever growth story — supportive for long-term investors but less immediately actionable intraday. AMD vs. Broadcom: Which One Will Dominate the Next Decade?
• Neutral Sentiment: Reported short-interest data in these feeds is effectively negligible/erroneous (shows 0 shares), so short squeezes are not a credible immediate factor based on this dataset.
• Negative Sentiment: Several hedge funds and managers trimmed or cut positions (examples: D1 Capital, Altimeter, 3G Capital; UBS also reported large Q4 reductions), which can pressure the stock when headline-sized holders sell. D1 Capital Partners LP Cuts Broadcom Inc. Stake Sharply
• Negative Sentiment: Analysts and previews warn FY26 guidance may reflect a hyperscaler spending surge but also potential margin pressure as Broadcom balances high-growth networking/AI demand with costs — margin concerns can cap multiple expansion. Broadcom: Expect FY26 Outlook To Reflect Spending Surge By Hyperscalers (Earnings Preview)

Wall Street Analyst Weigh In

Several brokerages have issued reports on AVGO. Deutsche Bank Aktiengesellschaft set a $430.00 price target on Broadcom and gave the company a “buy” rating in a report on Friday, December 12th. Piper Sandler restated an “overweight” rating and set a $430.00 price objective (up previously from $375.00) on shares of Broadcom in a research note on Friday, December 12th. Citigroup restated a “buy” rating and issued a $458.00 target price (down from $480.00) on shares of Broadcom in a research report on Tuesday. Zacks Research upgraded Broadcom from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 target price on shares of Broadcom in a research report on Monday, January 5th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $433.13.

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.