Heck Capital Advisors LLC Buys 14,171 Shares of Broadcom Inc. $AVGO

Heck Capital Advisors LLC boosted its stake in Broadcom Inc. (NASDAQ:AVGO) by 144.5% during the second quarter, Holdings Channel.com reports. The firm owned 23,975 shares of the semiconductor manufacturer’s stock after buying an additional 14,171 shares during the period. Heck Capital Advisors LLC’s holdings in Broadcom were worth $9,056,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AVGO. Bank of America Corp DE raised its position in Broadcom by 1.5% during the 1st quarter. Bank of America Corp DE now owns 58,737,097 shares of the semiconductor manufacturer’s stock valued at $18,179,719,000 after purchasing an additional 894,564 shares during the last quarter. Bartlett & CO. Wealth Management LLC grew its position in shares of Broadcom by 129.3% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 110,048 shares of the semiconductor manufacturer’s stock worth $34,061,000 after buying an additional 62,050 shares during the last quarter. First Bank & Trust increased its stake in shares of Broadcom by 17.2% during the second quarter. First Bank & Trust now owns 10,503 shares of the semiconductor manufacturer’s stock valued at $3,968,000 after buying an additional 1,545 shares during the period. Fifth Lane Capital LP raised its holdings in shares of Broadcom by 77.8% during the fourth quarter. Fifth Lane Capital LP now owns 4,000 shares of the semiconductor manufacturer’s stock valued at $1,384,000 after acquiring an additional 1,750 shares in the last quarter. Finally, Wealthcare Capital Partners LLC raised its holdings in shares of Broadcom by 36.4% during the second quarter. Wealthcare Capital Partners LLC now owns 4,407 shares of the semiconductor manufacturer’s stock valued at $1,665,000 after acquiring an additional 1,176 shares in the last quarter. Institutional investors own 76.43% of the company’s stock.

Insider Buying and Selling

In related news, Director Justine Page sold 1,602 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $373.86, for a total value of $598,923.72. Following the transaction, the director owned 17,426 shares in the company, valued at $6,514,884.36. The trade was a 8.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gayla J. Delly sold 1,890 shares of the stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $385.38, for a total transaction of $728,368.20. Following the sale, the director directly owned 31,326 shares in the company, valued at $12,072,413.88. This trade represents a 5.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 61,644 shares of company stock worth $24,016,214 in the last 90 days. 1.90% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts recently weighed in on AVGO shares. Wall Street Zen cut shares of Broadcom from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Morgan Stanley set a $502.00 target price on shares of Broadcom and gave the stock an “overweight” rating in a research report on Thursday, June 4th. DA Davidson lifted their target price on shares of Broadcom from $375.00 to $400.00 and gave the company a “neutral” rating in a research note on Thursday, June 4th. The Goldman Sachs Group reissued a “buy” rating on shares of Broadcom in a research note on Monday, August 3rd. Finally, Citigroup restated a “buy” rating on shares of Broadcom in a report on Thursday, June 4th. Twenty-eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $493.24.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: AI revenue outlook remains a major catalyst. Broadcom’s AI semiconductor revenue increased 143% year over year to $10.8 billion in fiscal second quarter. CEO Hock Tan reaffirmed that fiscal 2027 AI semiconductor revenue should exceed $100 billion, supporting the long-term growth narrative. Hock Tan Reaffirmed Broadcom’s $100 Billion AI Forecast
• Positive Sentiment: Broadcom could benefit from multiple AI infrastructure channels. Coverage highlighted its custom-chip and networking exposure, while AMD’s Helios rack-scale systems could create additional demand for Broadcom components. Analysts also view Broadcom as a potentially attractive complement to NVIDIA in an AI-focused portfolio. AMD’s Helios Launch Could Create Winners Beyond AMD Stock
• Positive Sentiment: Software and security initiatives broaden the story. Broadcom joined NVIDIA and other companies as a founding member of the Open Secure AI Alliance, while expanding VMware Cloud Foundation security features. These efforts may strengthen its enterprise software position and help defend against Nutanix and IBM. Broadcom Boosts VCF Security
• Neutral Sentiment: Brokerage sentiment remains supportive, with Broadcom carrying a consensus “Moderate Buy” rating and at least one firm raising its fiscal 2027 EPS estimate. Reported short interest was zero shares, offering no meaningful evidence of either short-covering demand or elevated bearish positioning.
• Negative Sentiment: Near-term trading pressure reflects valuation and profit-taking. Broadcom pulled back after its extended rally, while comparisons showed NVIDIA retaining advantages in some AI markets. Crake Asset Management also trimmed its position by 330,000 shares, a modest sentiment headwind. Broadcom Slips After Seven-Session Advance

Broadcom Stock Performance

Broadcom stock opened at $416.08 on Wednesday. The company has a quick ratio of 2.01, a current ratio of 2.24 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $1.98 trillion, a P/E ratio of 69.35, a PEG ratio of 0.81 and a beta of 1.45. The stock’s 50 day moving average is $390.93 and its 200 day moving average is $371.83. Broadcom Inc. has a twelve month low of $281.87 and a twelve month high of $495.00.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.04. The company had revenue of $22.19 billion during the quarter, compared to analyst estimates of $22.13 billion. Broadcom had a return on equity of 41.61% and a net margin of 38.85%.The firm’s revenue for the quarter was up 47.9% on a year-over-year basis. During the same quarter last year, the company earned $1.58 EPS. On average, equities research analysts predict that Broadcom Inc. will post 10.24 earnings per share for the current fiscal year.

Broadcom Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.65 per share. The ex-dividend date was Monday, June 22nd. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. Broadcom’s dividend payout ratio (DPR) is presently 43.33%.

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.