Broadcom Inc. $AVGO Shares Bought by Wright Investors Service Inc.

Wright Investors Service Inc. grew its holdings in Broadcom Inc. (NASDAQ:AVGO) by 5.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,159 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,178 shares during the quarter. Broadcom comprises approximately 4.0% of Wright Investors Service Inc.’s portfolio, making the stock its 5th largest holding. Wright Investors Service Inc.’s holdings in Broadcom were worth $13,909,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in AVGO. Brighton Jones LLC boosted its position in shares of Broadcom by 21.8% during the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock valued at $6,882,000 after acquiring an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC increased its position in Broadcom by 10.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock worth $1,854,000 after purchasing an additional 756 shares during the last quarter. United Bank raised its stake in Broadcom by 76.5% during the first quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock worth $392,000 after purchasing an additional 1,014 shares during the period. Sivia Capital Partners LLC boosted its holdings in Broadcom by 10.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer’s stock valued at $3,499,000 after purchasing an additional 1,160 shares during the last quarter. Finally, Wedge Capital Management L L P NC boosted its holdings in Broadcom by 9.3% in the 2nd quarter. Wedge Capital Management L L P NC now owns 5,266 shares of the semiconductor manufacturer’s stock valued at $1,452,000 after purchasing an additional 446 shares during the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Broadcom

In related news, CFO Kirsten M. Spears sold 30,000 shares of the company’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 value of $10,434,600.00. Following the completion of the transaction, the chief financial officer directly owned 277,237 shares of the company’s stock, valued at $96,428,573.34. This represents a 9.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Mark David Brazeal sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the sale, the insider directly owned 210,573 shares in the company, valued at approximately $73,094,099.76. The trade was a 12.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 779,901 shares of company stock worth $284,069,237 over the last three months. Company insiders own 2.00% of the company’s stock.

Broadcom Trading Down 5.4%

NASDAQ:AVGO opened at $332.60 on Wednesday. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61. The firm has a market cap of $1.58 trillion, a PE ratio of 69.87, a price-to-earnings-growth ratio of 1.17 and a beta of 1.21. 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 stock has a fifty day moving average price of $358.46 and a 200 day moving average price of $335.10.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter last year, the business posted $1.42 EPS. The business’s quarterly revenue was up 28.2% compared to the same quarter last year. Sell-side analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

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

Analysts Set New Price Targets

Several analysts have recently commented on AVGO shares. Mizuho set a $480.00 price target on shares of Broadcom and gave the company an “outperform” rating in a research report on Friday, January 9th. Cowen restated a “buy” rating on shares of Broadcom in a research report on Friday, December 12th. Morgan Stanley increased their price target on Broadcom from $443.00 to $462.00 and gave the stock an “overweight” rating in a report on Friday, December 12th. Royal Bank Of Canada initiated coverage on shares of Broadcom in a research report on Wednesday, January 14th. They issued a “sector perform” rating and a $370.00 target price on the stock. Finally, Oppenheimer lifted their price target on shares of Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Three analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $438.61.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Citi names Broadcom a top pick into earnings and reiterates bullishness, backing a high target (reported $480 PT), supporting upside expectations tied to accelerating AI sales. Citi Bullish on Broadcom
• Positive Sentiment: Market signals from TSMC and Meta point to sustained AI-accelerator demand (TSMC guidance + Meta’s data‑center/“Meta Compute” push), implying continued orders for Broadcom’s custom chips and networking gear. (MarketBeat coverage)
• Positive Sentiment: Multiple analysts (Wells Fargo, Mizuho, Oppenheimer, Bernstein and others) have turned or remained bullish recently, keeping above-consensus price targets and reinforcing demand expectations from AI and VMware integration. Wells Fargo Bullish on Broadcom
• Neutral Sentiment: Valuation discussions are prominent: several pieces assess whether AVGO is fairly priced after rapid multi‑year gains — supportive for long‑term thesis but reminding investors about premium multiples vs. cyclic risk. Is Broadcom Still Reasonably Priced?
• Neutral Sentiment: Analyst debate and stock comparisons to Nvidia (momentum questions) leave room for rotation within AI winners — some investors may prefer NVDA or other names in the short term. NVDA vs Broadcom Comparison
• Negative Sentiment: RBC initiated coverage at Sector Perform, flagging margin and valuation risks despite AI upside — a formal caution that may pressure near‑term sentiment. RBC Initiates at Sector Perform
• Negative Sentiment: Heightened investor chatter notes significant insider selling and geopolitical/margin concerns tied to AI infrastructure — QuiverQuant highlights heavy insider sales and mixed social‑media sentiment, which can sap confidence. QuiverQuant Discussion

About Broadcom

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.