Rep. Dan Newhouse Sells Broadcom Inc. (NASDAQ:AVGO) Shares

Representative Dan Newhouse (R-Washington) recently sold shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Broadcom stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Truist Financial (NYSE:TFC) on 12/11/2025.

Broadcom Price Performance

Shares of Broadcom stock opened at $351.71 on Monday. The stock has a market capitalization of $1.67 trillion, a price-to-earnings ratio of 73.89, a P/E/G ratio of 1.17 and a beta of 1.21. The firm’s 50-day moving average price is $358.98 and its two-hundred day moving average price is $334.15. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61.

Broadcom (NASDAQ:AVGO) last announced its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, topping the consensus estimate of $1.87 by $0.08. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The business had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the business earned $1.42 EPS. Broadcom’s revenue was up 28.2% compared to the same quarter last year. On average, equities analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. This is a boost from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio (DPR) is presently 54.62%.

Insider Buying and Selling at Broadcom

In other Broadcom news, Director Henry Samueli sold 320,316 shares of Broadcom stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $400.53, for a total value of $128,296,167.48. Following the completion of the sale, the director owned 37,326,540 shares in the company, valued at $14,950,399,066.20. The trade was a 0.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark David Brazeal sold 38,281 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $327.65, for a total transaction of $12,542,769.65. Following the transaction, the insider owned 266,494 shares in the company, valued at approximately $87,316,759.10. The trade was a 12.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 779,901 shares of company stock valued at $284,069,237 in the last three months. 2.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Broadcom

A number of institutional investors have recently added to or reduced their stakes in AVGO. Vanguard Group Inc. lifted its holdings in Broadcom by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock worth $133,261,046,000 after purchasing an additional 6,222,802 shares during the last quarter. State Street Corp increased its position in Broadcom by 0.5% during the 2nd quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock worth $51,071,601,000 after buying an additional 873,963 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Broadcom by 2.1% during 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 buying an additional 2,226,585 shares in the last quarter. Norges Bank bought a new stake in shares of Broadcom in the second quarter valued at about $18,579,549,000. Finally, Invesco Ltd. grew its stake in shares of Broadcom by 1.8% in the third quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer’s stock valued at $12,915,861,000 after acquiring an additional 700,021 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AVGO shares. Evercore ISI boosted their price objective on shares of Broadcom from $342.00 to $403.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 15th. Piper Sandler reaffirmed an “overweight” rating and issued a $430.00 price target (up from $375.00) on shares of Broadcom in a research note on Friday, December 12th. JPMorgan Chase & Co. upped their price objective on shares of Broadcom from $400.00 to $475.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. The Goldman Sachs Group restated a “buy” rating and set a $450.00 target price on shares of Broadcom in a report on Monday, January 5th. Finally, Deutsche Bank Aktiengesellschaft set a $430.00 price objective on shares of Broadcom and gave the company a “buy” rating in a research report on Friday, December 12th. Three research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $438.61.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Wells Fargo upgraded AVGO to Overweight and raised its price target to $430, citing stronger 2026 catalysts and upside to revenue/profitability expectations — a clear driver of buy-side interest. Wells Fargo Upgrades Broadcom Inc. (AVGO) to Overweight From Equal Weight
• Positive Sentiment: Multiple outlets and analyst notes emphasize Broadcom’s leadership in AI infrastructure (chips and networking) and recent product launches (e.g., Wi‑Fi 8), reinforcing expectations for sustained revenue growth from AI workloads. Analysts Bullish on Broadcom (AVGO) Amid Strong AI Chip Outlook
• Positive Sentiment: Analyst and investor roundups (CNBC/TipRanks, Seeking Alpha, The Motley Fool) profile Broadcom as a top AI-related holding with durable cash flow and a large market-cap runway — supporting higher valuation multiples vs. peers. Broadcom Is Built For The Next Phase Of The AI Buildout
• Neutral Sentiment: Broader coverage lists Broadcom among several long-term “AI” stock picks; these pieces boost visibility but are less specific about near-term catalysts beyond the general AI tailwind. Got $3,000? 3 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term
• Neutral Sentiment: Street-check articles summarize a mix of analyst views; while most are bullish, they collate disparate targets and opinions that investors should weigh contextually. What Does the Street Think About Broadcom Inc. (AVGO)?
• Negative Sentiment: One report notes Jefferies reiterated a Buy but cited a $200 price target — materially below current levels — which could be viewed as a conservative/contrarian datapoint and may create short-term confusion for some investors. What Does the Street Think About Broadcom Inc. (AVGO)?
• Negative Sentiment: Reports that prominent investor Stanley Druckenmiller trimmed/dumped Broadcom reduce a portion of the bullish momentum and could signal profit-taking or portfolio rotation into other high‑growth AI names. Stanley Druckenmiller dumps Broadcom for an AI rocket stock up 1,000% since 2025

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.