Broadcom (NASDAQ:AVGO) Stock Acquired Rep. David Taylor

Posted by Sarita Garza on Sep 8th, 2026

Representative David Taylor (Republican-Ohio) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on September 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in Broadcom stock on August 26th. The trade occurred in the Representative’s “DAVE’S IRA @ SCHWAB (HOME GROWN)” account.

Representative David Taylor also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 8/26/2026.
Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 8/26/2026.
Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 8/26/2026.
Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 8/26/2026.
Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 8/26/2026.
Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 8/14/2026.
Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/11/2026.
Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/11/2026.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/11/2026.
Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 7/24/2026.

Broadcom Stock Performance

Shares of NASDAQ:AVGO opened at $357.89 on Tuesday. The company has a current ratio of 2.50, a quick ratio of 2.29 and a debt-to-equity ratio of 0.57. The company has a 50-day moving average price of $383.28 and a 200-day moving average price of $377.77. The company has a market cap of $1.70 trillion, a price-to-earnings ratio of 45.71 and a beta of 1.44. Broadcom Inc. has a 12 month low of $289.96 and a 12 month high of $495.00.

Broadcom (NASDAQ:AVGO – Get Free Report) last posted its earnings results on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.22 by $0.10. Broadcom had a return on equity of 48.33% and a net margin of 42.94%.The company had revenue of $29.59 billion for the quarter, compared to analysts’ expectations of $29.24 billion. During the same period last year, the firm earned $1.69 earnings per share. Broadcom’s quarterly revenue was up 85.5% on a year-over-year basis. As a group, equities analysts anticipate that Broadcom Inc. will post 10.25 EPS for the current year.

Broadcom Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be paid 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 of this dividend is Monday, September 21st. Broadcom’s dividend payout ratio is 33.21%.

Analysts Set New Price Targets

AVGO has been the subject of several research analyst reports. Wall Street Zen cut Broadcom from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Evercore set a $578.00 target price on Broadcom in a research note on Thursday. Cantor Fitzgerald upped their target price on Broadcom from $525.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, September 3rd. Morgan Stanley reissued an “overweight” rating and set a $505.00 price objective (up from $502.00) on shares of Broadcom in a research report on Thursday. Finally, Mizuho raised their target price on shares of Broadcom from $480.00 to $530.00 and gave the stock an “outperform” rating in a research report on Thursday, June 4th. Thirty equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Broadcom presently has a consensus rating of “Moderate Buy” and a consensus price target of $504.93.

Check Out Our Latest Stock Report on Broadcom

Insider Buying and Selling

In other news, Director Justine Page sold 1,602 shares of Broadcom stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $373.86, for a total value of $598,923.72. Following the completion of the transaction, the director owned 17,426 shares of the company’s stock, valued at $6,514,884.36. The trade was a 8.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Harry You acquired 1,000 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were purchased at an average cost of $373.57 per share, for a total transaction of $373,570.00. Following the completion of the transaction, the director directly owned 38,466 shares in the company, valued at $14,369,743.62. The trade was a 2.67% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 61,644 shares of company stock worth $24,016,214 over the last three months. 1.90% of the stock is owned by corporate insiders.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom raised its AI semiconductor revenue outlook to approximately $115 billion for fiscal 2027, up from more than $100 billion previously, and some reports cite a potential increase to roughly $230 billion in fiscal 2028. The forecast reflects sustained spending by hyperscalers on custom accelerators and AI data-center infrastructure. Broadcom’s AI Forecast Suggests Hyperscalers Want More Than Just Nvidia GPUs
Positive Sentiment: Recent quarterly results showed AI semiconductor revenue rising 221% to $16.7 billion. Broadcom also exceeded earnings and revenue estimates, while strong free cash flow gives it additional flexibility to fund expansion in custom silicon and networking. Broadcom Inc. Stock: Rises as Custom AI Silicon Fuels Massive Growth Outlook
Positive Sentiment: Analysts and financial commentary increasingly view Broadcom as a complementary AI investment to Nvidia. Its custom accelerators, inference chips, high-speed networking and data-center connectivity could benefit as hyperscalers diversify beyond off-the-shelf Nvidia GPUs. If You Only Own Nvidia for AI Exposure, You’re Missing Half the Trade
Neutral Sentiment: Broadcom is being compared favorably with Marvell and identified as a competitive threat to AMD because of its relationships with major hyperscalers. However, these reports are largely investor commentary rather than new company announcements. Broadcom vs Marvell
Negative Sentiment: Despite strong earnings and AI growth, Broadcom shares recently declined as investors weighed a premium valuation, margin pressure, supply constraints and significant customer concentration. The stock’s price-to-earnings ratio remains elevated, increasing sensitivity to any slowdown in AI spending or disappointment in guidance. Broadcom Drops 10% in 3 Months
Negative Sentiment: Separate reports noted that the stock slid about 3% after earnings even though results beat expectations, suggesting that investors may already have priced in much of Broadcom’s AI opportunity and are demanding stronger near-term execution. Broadcom Stock Drops 3% Despite Strong Earnings

Hedge Funds Weigh In On Broadcom

Several institutional investors and hedge funds have recently added to or reduced their stakes in AVGO. ROSS JOHNSON & Associates LLC boosted its stake in Broadcom by 1,320.0% during the fourth quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock worth $25,000 after acquiring an additional 66 shares in the last quarter. Networth Advisors LLC lifted its holdings in shares of Broadcom by 546.2% during the first quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 71 shares during the last quarter. SWAN Capital LLC boosted its position in shares of Broadcom by 261.9% in the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 55 shares in the last quarter. Harborfront Financial Group LLC bought a new stake in shares of Broadcom in the 2nd quarter worth approximately $38,000. Finally, Cherry Tree Wealth Management LLC grew its stake in shares of Broadcom by 44.9% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 129 shares of the semiconductor manufacturer’s stock worth $45,000 after buying an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About Broadcom

(Get Free Report)

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.