Broadcom (NASDAQ:AVGO) Stock Sale Revealed by Rep. John McGuire

Representative John McGuire (Republican-Virginia) recently sold shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on November 1st, the Representative disclosed that they had sold between $1,001 and $15,000 in Broadcom stock on September 24th. The trade occurred in the Representative’s “MERRILL LYNCH SEP IRA” account.

Representative John McGuire also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 10/1/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 9/25/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/18/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/18/2026.

Broadcom Stock Up 3.1%

AVGO stock opened at $332.13 on Wednesday. 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’s 50 day moving average is $351.35 and its 200 day moving average is $366.76. The stock has a market cap of $1.59 trillion, a price-to-earnings ratio of 37.60 and a beta of 1.49. Broadcom Inc. has a 1-year low of $289.96 and a 1-year high of $495.00.

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

Broadcom Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. Broadcom’s payout ratio is presently 33.21%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom gained alongside other chipmakers as investors continued to favor AI-related stocks. One report says the company’s AI-chip revenue is tripling year over year, reinforcing expectations for continued growth. NVIDIA, AMD and Broadcom stock performance Broadcom’s AI growth outlook
• Positive Sentiment: Investor interest is also reflected in ETF activity: 48 funds bought Broadcom shares on Friday, while 30 sold, for reported net purchases of $183.8 million. ETF purchases of Broadcom shares
• Positive Sentiment: Several investment articles highlight Broadcom’s long-term AI opportunity, including its custom-chip and XPU businesses, and name it among favored technology stocks for the coming years. These are analyst and investor opinions, not new company guidance. Broadcom among top technology stocks AI growth stock picks
• Neutral Sentiment: One bullish investor argues that supply bottlenecks, rather than weak demand, are holding back Broadcom—suggesting demand remains strong but fulfillment constraints may delay revenue. Broadcom supply bottlenecks
• Negative Sentiment: Valuation is a counterpoint: some commentary considers the shares expensive despite the company’s growth prospects. Broadcom’s custom-chip opportunity also depends on customers continuing to develop their own processors, unlike TSMC, which serves multiple chip designers. Broadcom valuation concerns Taiwan Semiconductor versus Broadcom

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. TD Cowen restated a “buy” rating and set a $475.00 price target (down from $500.00) on shares of Broadcom in a report on Thursday, September 3rd. Cantor Fitzgerald increased their price objective on Broadcom from $525.00 to $600.00 and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Citigroup lowered Broadcom from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 27th. Fox Advisors raised Broadcom to an “outperform” rating in a research note on Thursday, September 3rd. Finally, Citic Securities raised Broadcom to a “buy” rating and boosted their target price for the company from $450.00 to $525.00 in a research note on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $530.52.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AVGO. Core Capital Management & Research inc. bought a new stake in Broadcom in the 2nd quarter valued at approximately $31,000. Harborfront Financial Group LLC acquired a new position in Broadcom during the 2nd quarter worth approximately $38,000. DecisionPoint Financial LLC boosted its position in Broadcom by 101.9% during the 3rd quarter. DecisionPoint Financial LLC now owns 105 shares of the semiconductor manufacturer’s stock worth $36,000 after acquiring an additional 53 shares during the last quarter. Align Financial LLC grew its stake in shares of Broadcom by 67.2% during the 3rd quarter. Align Financial LLC now owns 112 shares of the semiconductor manufacturer’s stock worth $38,000 after acquiring an additional 45 shares in the last quarter. Finally, Curry Webb Wealth Management LLC bought a new position in shares of Broadcom during the 3rd quarter worth approximately $41,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia’s 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia’s 5th Congressional District. He declared candidacy for the 2026 election.

John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

About Broadcom

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

The company’s semiconductor portfolio includes networking and switching components, custom accelerators, connectivity and wireless devices, broadband equipment, optical products, storage controllers and related infrastructure technologies.