Wrapmanager Inc. Has $5.11 Million Position in Broadcom Inc. $AVGO

Wrapmanager Inc. trimmed its position in Broadcom Inc. (NASDAQ:AVGO) by 18.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,480 shares of the semiconductor manufacturer’s stock after selling 3,577 shares during the period. Broadcom makes up approximately 1.6% of Wrapmanager Inc.’s holdings, making the stock its 17th biggest holding. Wrapmanager Inc.’s holdings in Broadcom were worth $5,107,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AVGO. Vanguard Group Inc. increased its position in shares of Broadcom by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock valued at $133,261,046,000 after buying an additional 6,222,802 shares in the last quarter. State Street Corp grew its stake in Broadcom by 0.5% in the second quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock valued at $51,071,601,000 after acquiring an additional 873,963 shares during the period. Geode Capital Management LLC increased its holdings in shares of Broadcom by 2.1% in the second quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock worth $29,827,649,000 after acquiring an additional 2,226,585 shares in the last quarter. Norges Bank acquired a new stake in shares of Broadcom during the second quarter worth about $18,579,549,000. Finally, Invesco Ltd. lifted its holdings in shares of Broadcom by 8.4% during the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock valued at $10,598,641,000 after purchasing an additional 2,978,768 shares in the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Broadcom Stock Performance

AVGO opened at $325.49 on Wednesday. The business’s 50-day simple moving average is $336.79 and its 200 day simple moving average is $342.42. 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 firm has a market capitalization of $1.54 trillion, a PE ratio of 68.38, a PEG ratio of 1.06 and a beta of 1.21.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 37.45% and a net margin of 36.20%.The business’s quarterly revenue was up 28.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.42 EPS. As a group, sell-side analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were given a $0.65 dividend. This is a boost from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s payout ratio is 54.62%.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom announced a dividend payable in late March, continuing a 16-year payout streak — supports income-focused investors and signals management confidence. Broadcom to pay dividends on March 31; Here’s how much 100 AVGO shares will earn
• Positive Sentiment: Product news: BroadPeak chip expansion targets 5G Advanced/6G, claims ~40% power reduction and underpins management’s bullish AI and semiconductor growth outlook — a fundamental growth catalyst. AVGO Expands Connectivity Portfolio to Tap 6G: What’s Ahead?
• Positive Sentiment: Analyst/upgrades momentum: Zacks moved AVGO to a Rank #2 (Buy), reflecting rising optimism about earnings revisions — can provide near-term buying support. Broadcom Inc. (AVGO) Upgraded to Buy: Here’s Why
• Positive Sentiment: Institutional interest: reports of buys from ARK and bullish positioning from major firms (Goldman/UBS mentions) support conviction that investors see multi-quarter AI-driven upside. Broadcom (AVGO) Draws Investor Interest Amid AI Growth Expectations
• Neutral Sentiment: Earnings calendar: Broadcom is expected to report quarterly results this week — the report is the primary near-term catalyst and a source of volatility in either direction. Broadcom (AVGO) Expected to Announce Quarterly Earnings on Wednesday
• Neutral Sentiment: Market commentary and trade ideas ahead of earnings include covered-put and options strategies, signaling elevated short-term hedging/activity by traders. Broadcom: Covered Put Option Is The Play For FQ1 2026 Earnings
• Negative Sentiment: Near-term price pressure: recent trading note highlights a decline in AVGO shares into today’s session, reflecting profit-taking after a strong run. Broadcom Inc. (AVGO) Stock Declines While Market Improves: Some Information for Investors
• Negative Sentiment: Citi trimmed its price target (from $480 to $458) while keeping a Buy — a modest downgrade in upside that can temper rally momentum. Citi Lowers PT on Broadcom Inc. (AVGO) Stock

Insider Activity

In other Broadcom news, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the transaction, the chief financial officer owned 277,237 shares of the company’s stock, valued at $96,428,573.34. The trade was a 9.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark David Brazeal sold 38,281 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $327.65, for a total value of $12,542,769.65. Following the completion of the sale, the insider directly owned 266,494 shares of the company’s stock, valued at approximately $87,316,759.10. The trade was a 12.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 779,101 shares of company stock worth $283,804,325. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Broadcom in a research note on Monday, December 29th. Barclays reaffirmed an “overweight” rating and issued a $500.00 price objective (up from $450.00) on shares of Broadcom in a research report on Friday, December 12th. Wolfe Research upgraded Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 target price for the company in a report on Friday, January 30th. Robert W. Baird set a $420.00 price target on Broadcom in a report on Friday, December 12th. Finally, JPMorgan Chase & Co. upped their price objective on Broadcom from $400.00 to $475.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $433.13.

Broadcom 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.