HBK Sorce Advisory LLC Purchases 11,910 Shares of Broadcom Inc. $AVGO

HBK Sorce Advisory LLC grew its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 39.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,198 shares of the semiconductor manufacturer’s stock after buying an additional 11,910 shares during the period. HBK Sorce Advisory LLC’s holdings in Broadcom were worth $14,580,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Sawyer & Company Inc boosted its holdings in Broadcom by 62.1% in the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 36 shares during the period. Longfellow Investment Management Co. LLC acquired a new stake in shares of Broadcom in the second quarter valued at approximately $27,000. Legend Financial Advisors Inc. bought a new stake in shares of Broadcom in the second quarter valued at approximately $28,000. Teachers Insurance & Annuity Association of America acquired a new stake in Broadcom during the second quarter worth approximately $28,000. Finally, LGT Financial Advisors LLC bought a new position in Broadcom during the 2nd quarter worth $31,000. Institutional investors own 76.43% of the company’s stock.

Broadcom Trading Up 0.2%

AVGO opened at $350.18 on Thursday. The company’s 50 day moving average is $362.76 and its 200-day moving average is $323.01. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. The company has a market cap of $1.66 trillion, a P/E ratio of 73.57, a PEG ratio of 1.20 and a beta of 1.19.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.08. The business had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The firm’s quarterly revenue was up 28.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.42 EPS. Equities research analysts predict 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 will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be issued a dividend of $0.65 per share. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is 54.62%.

Insider Activity at Broadcom

In other news, CFO Kirsten M. Spears sold 3,714 shares of Broadcom stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $327.79, for a total transaction of $1,217,412.06. Following the sale, the chief financial officer directly owned 307,237 shares of the company’s stock, valued at approximately $100,709,216.23. This trade represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Hock E. Tan sold 130,000 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $326.02, for a total value of $42,382,600.00. Following the sale, the chief executive officer owned 595,638 shares in the company, valued at approximately $194,189,900.76. This trade represents a 17.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 524,780 shares of company stock worth $195,499,150 over the last 90 days. 2.00% of the stock is currently owned by company insiders.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q4 AI momentum: Broadcom reported AI-related revenue strength (Zacks highlights Q4 AI revenue up sharply, with AI chip/XPU demand lifting results and driving a swelling backlog and upbeat 2026 outlook). Zacks: Broadcom’s Semiconductor Growth Picks Up
• Positive Sentiment: Bullish analyst commentary: Multiple firms have raised targets and reiterated buy/outperform stances (Cantor Fitzgerald and others flag AVGO as “ripe for outperformance” for 2026), supporting upward pressure on the stock. MSN: Cantor Fitzgerald on Broadcom
• Positive Sentiment: Dividend increase: Broadcom raised its quarterly dividend, signaling strong cash flow and attracting income-focused buyers (supports confidence despite near-term margin noise). MarketBeat: Broadcom Raises Dividend
• Positive Sentiment: Insider buy: Director Harry You purchased 1,000 shares (~$325k), a small but visible vote of confidence amid volatility. SEC Filing – Harry L. You Purchase
• Positive Sentiment: Media and retail momentum: Feature pieces and buy-list inclusions (e.g., Motley Fool-type coverage) are boosting retail interest in AVGO as an AI play. Fool: Broadcom a Top AI Stock
• Neutral Sentiment: Short interest and options: Reported short-interest growth (mid-December data showed an increase) and unusual options activity amplify intraday moves but days-to-cover remains modest (~1.9 days), so these are watch-list items rather than definitive catalysts.
• Neutral Sentiment: Backlog vs. conversion risk: The $73B AI backlog underpins revenue visibility, but conversion timing and mix (chip vs. system sales) determine ultimate margin and cash-flow impact — a structural positive if executed well, neutral until conversion details are clear. Seeking Alpha: Broadcom and AI Infrastructure
• Negative Sentiment: Margin concerns from system sales: Management warned gross margins will decline as AI system sales (which include pass-through component costs) grow — this spooked the market after the Dec. 11 earnings release and is the main reason for recent price weakness.
• Negative Sentiment: Insider selling: CEO Hock Tan and several senior insiders have sold material positions (reports show CEO sales exceeding $40M and aggregate insider selling topping $100M), which can undermine investor confidence even as company fundamentals remain strong. Yahoo Finance: Insider Selling Tops $100M
• Negative Sentiment: Near-term price volatility: The stock pulled back sharply (~mid-December sell-off) after earnings; with valuation questions flagged by some outlets, a missed execution on backlog conversion or margin protection could cap near-term upside. MarketBeat: Coverage of Post-Earnings Pullback

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AVGO. Benchmark upped their target price on Broadcom from $385.00 to $485.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Truist Financial upped their price objective on shares of Broadcom from $500.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Wall Street Zen upgraded shares of Broadcom from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Morgan Stanley boosted their target price on shares of Broadcom from $443.00 to $462.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. Finally, Piper Sandler reiterated an “overweight” rating and set a $430.00 price target (up previously from $375.00) on shares of Broadcom in a research report on Friday, December 12th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Broadcom currently has an average rating of “Buy” and a consensus target price of $436.33.

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.