Broadcom Inc. $AVGO Shares Acquired by North Point Portfolio Managers Corp OH

North Point Portfolio Managers Corp OH increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 24.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,948 shares of the semiconductor manufacturer’s stock after purchasing an additional 6,496 shares during the period. Broadcom accounts for 2.1% of North Point Portfolio Managers Corp OH’s portfolio, making the stock its 20th largest holding. North Point Portfolio Managers Corp OH’s holdings in Broadcom were worth $11,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Wealth Group Ltd increased its stake in shares of Broadcom by 1.9% in the 3rd quarter. Wealth Group Ltd now owns 2,412 shares of the semiconductor manufacturer’s stock valued at $857,000 after buying an additional 46 shares during the period. PFW Advisors LLC lifted its stake in shares of Broadcom by 34.2% during the third quarter. PFW Advisors LLC now owns 8,036 shares of the semiconductor manufacturer’s stock valued at $2,822,000 after acquiring an additional 2,046 shares during the period. Strong Retirement Solutions LLC lifted its stake in shares of Broadcom by 3.7% during the third quarter. Strong Retirement Solutions LLC now owns 13,492 shares of the semiconductor manufacturer’s stock valued at $4,738,000 after acquiring an additional 480 shares during the period. Crumly & Associates Inc. lifted its stake in shares of Broadcom by 1.0% during the third quarter. Crumly & Associates Inc. now owns 10,451 shares of the semiconductor manufacturer’s stock valued at $3,670,000 after acquiring an additional 104 shares during the period. Finally, First Community Trust NA boosted its holdings in Broadcom by 15.8% in the third quarter. First Community Trust NA now owns 6,916 shares of the semiconductor manufacturer’s stock valued at $2,429,000 after acquiring an additional 945 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Insider Activity

In other news, insider Mark Brazeal sold 25,000 shares of the company’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $401.33, for a total value of $10,033,250.00. Following the completion of the sale, the insider directly owned 194,989 shares of the company’s stock, valued at $78,254,935.37. This represents a 11.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.90% of the company’s stock.

Broadcom Trading Down 0.4%

Shares of NASDAQ:AVGO traded down $1.48 during midday trading on Wednesday, hitting $374.33. The company had a trading volume of 8,405,630 shares, compared to its average volume of 25,067,258. The company has a current ratio of 2.50, a quick ratio of 2.29 and a debt-to-equity ratio of 0.57. Broadcom Inc. has a 12 month low of $289.96 and a 12 month high of $495.00. The firm has a fifty day simple moving average of $372.22 and a 200 day simple moving average of $381.78. The stock has a market cap of $1.79 trillion, a price-to-earnings ratio of 47.72 and a beta of 1.46.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 EPS for the quarter, beating analysts’ consensus estimates of $3.22 by $0.10. Broadcom had a return on equity of 48.33% and a net margin of 42.94%.The business had revenue of $29.59 billion during the quarter, compared to the consensus estimate of $29.24 billion. During the same quarter in the prior year, the company posted $1.69 earnings per share. The firm’s revenue was up 85.5% on a year-over-year basis. On average, analysts predict that Broadcom Inc. will post 10.37 EPS for the current year.

Broadcom Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, September 21st. Broadcom’s payout ratio is presently 33.21%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Jefferies Financial Group initiated coverage on Broadcom in a research report on Thursday, September 3rd. They issued a “buy” rating and a $550.00 price objective for the company. Lake Street Capital upgraded shares of Broadcom to a “buy” rating in a research report on Thursday, September 3rd. Dbs Bank raised shares of Broadcom to a “moderate buy” rating in a research note on Thursday, June 18th. BMO Capital Markets lifted their price target on shares of Broadcom from $455.00 to $575.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. Finally, Arete Research boosted their price target on shares of Broadcom from $488.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Broadcom currently has a consensus rating of “Moderate Buy” and a consensus price target of $527.20.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Large Anthropic financing plan supports AI-growth expectations. Broadcom outlined a potential package involving up to $42 billion in loans and approximately $60 billion in chip leasing to help Anthropic expand its AI infrastructure. The arrangement could secure substantial future chip demand and contributed to a reported 5.8% advance in the stock. Broadcom Is Up 5.8% After Unveiling Massive AI Chip Financing Plan for Anthropic
• Positive Sentiment: Management continues to defend an ambitious AI outlook. CEO Hock Tan reiterated Broadcom’s roughly $350 billion AI-chip opportunity, emphasizing demand for inference-focused systems and relationships with major hyperscalers. Analysts and commentators also highlighted custom accelerator revenue growth of about 221%, with projected AI semiconductor revenue of $58 billion in 2026, $115 billion in 2027 and $230 billion in 2028. Broadcom CEO Holds $350B Outlook Strong
• Positive Sentiment: Investor interest remains strong. Cathie Wood reportedly purchased $13 million of AVGO shares, while traders bought 426,038 call options—about 34% above average—indicating bullish positioning among some investors. Cathie Wood Just Bought $13 Million of Broadcom Stock
• Neutral Sentiment: Competitive commentary reinforces the custom-chip opportunity. Marvell’s aggressive AI revenue targets and investor-day presentation highlighted the expanding market for hyperscaler-specific silicon, indirectly validating Broadcom’s position as a leading design and networking partner. However, the comparison also emphasizes dependence on a small number of large customers. Marvell Technology’s $90 Billion Revenue Goal
• Negative Sentiment: Financing concerns are limiting the market’s response. Investors have questioned whether Broadcom’s Anthropic transactions could represent circular financing or concentrate credit risk. Those concerns help explain why the stock has not consistently been rewarded for earnings beats and rapid AI growth.
• Negative Sentiment: Valuation leaves little room for execution mistakes. With a market capitalization near $1.8 trillion and a price-to-earnings ratio around 48, Broadcom must convert its ambitious AI forecasts into sustained cash flow. Any slowdown in hyperscaler spending, delays in custom-chip deployments or weakness in AI infrastructure demand could pressure the shares.

Broadcom Profile

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops, and supplies semiconductor and infrastructure software products. Its semiconductor solutions support wired and wireless communications, data center networking, broadband access, storage, industrial applications, and other markets.

The company’s semiconductor portfolio includes networking and switching products, custom application-specific integrated circuits, wireless connectivity components, radio-frequency devices, optical components, and storage-related solutions.