Orange Investment Advisors Inc. Trims Holdings in Broadcom Inc. $AVGO

Orange Investment Advisors Inc. reduced its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 2.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 56,487 shares of the semiconductor manufacturer’s stock after selling 1,628 shares during the period. Broadcom makes up 1.9% of Orange Investment Advisors Inc.’s investment portfolio, making the stock its 14th largest holding. Orange Investment Advisors Inc.’s holdings in Broadcom were worth $18,636,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sawyer & Company Inc raised its stake in Broadcom by 62.1% during the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 36 shares during the last quarter. Longfellow Investment Management Co. LLC acquired a new position in shares of Broadcom in the second quarter valued at approximately $27,000. Legend Financial Advisors Inc. purchased a new stake in shares of Broadcom during the second quarter worth approximately $28,000. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Broadcom during the second quarter worth approximately $28,000. Finally, LGT Financial Advisors LLC purchased a new position in Broadcom in the 2nd quarter valued at $31,000. 76.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Broadcom

In other Broadcom news, CEO Hock E. Tan sold 100,000 shares of Broadcom stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $345.65, for a total transaction of $34,565,000.00. Following the completion of the transaction, the chief executive officer owned 495,638 shares in the company, valued at approximately $171,317,274.70. The trade was a 16.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Charlie B. Kawwas sold 1,928 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.80, for a total transaction of $631,998.40. Following the completion of the sale, the insider directly owned 23,582 shares in the company, valued at $7,730,179.60. This trade represents a 7.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 624,780 shares of company stock worth $230,064,150 in the last 90 days. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on AVGO shares. Oppenheimer upped their price objective on shares of Broadcom from $435.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. TD Cowen increased their price target on shares of Broadcom from $405.00 to $450.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Morgan Stanley lifted their price objective on Broadcom from $443.00 to $462.00 and gave the company an “overweight” rating in a report on Friday, December 12th. UBS Group set a $475.00 target price on Broadcom and gave the stock a “buy” rating in a research note on Monday, December 15th. Finally, The Goldman Sachs Group set a $435.00 price target on Broadcom and gave the company a “buy” rating in a report on Tuesday, November 25th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $436.33.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Large AI backlog and product roadmap support medium‑term growth: market commentary highlights Broadcom’s multi‑billion AI order backlog and its role supplying custom silicon, networking and data‑center infrastructure — a core beneficiary of the AI data‑center cycle. QuiverQuant: Opinions on AI Backlog and Earnings Drop
• Positive Sentiment: Strong analyst sentiment and lofty price targets point to upside over time: multiple firms have issued buy/overweight ratings and a median price target near $450, with several $475–$510 targets cited. That institutional conviction supports longer‑term investor case. Analyst Ratings & Price Targets
• Positive Sentiment: Sector dynamics (NVIDIA/Groq deal) amplify demand for networking and infrastructure — ETFs and diversified semiconductor plays (like SOXX) call out Broadcom as a beneficiary as AI moves from training to inference. MarketBeat: The Lazy Way to Play NVIDIA’s $20B Groq Deal
• Neutral Sentiment: Insider selling is active but largely explained: recent Form 4s show many sales were automatic with RSU tax withholding; one material Hock Tan transaction was described as an exchange‑fund diversification rather than an outright vote of no confidence. That reduces but doesn’t eliminate investor concern. MarketBeat: Broadcom’s Insider Selling
• Neutral Sentiment: Heavy social and hedge‑fund chatter: AVGO has seen big year‑to‑date gains and substantial institutional position churn; conversation mixes bullish AI theses with concerns about non‑AI revenue trends. QuiverQuant discussion summary
• Negative Sentiment: Near‑term pressure from post‑earnings selloff and margin/guidance worries: the Dec. earnings beat was followed by a sharp pullback as investors parsed flat non‑AI guidance and gross‑margin questions — fueling today’s weakness. MarketBeat: Post‑earnings selloff analysis
• Negative Sentiment: Rotation risk: reports that some large investors are trimming mega‑cap AI winners and rotating positions could sustain short‑term outflows from AVGO if momentum favors other sector leaders. 247WallSt: Billionaires Dump the Magnificent Seven

Broadcom Stock Performance

AVGO opened at $349.37 on Tuesday. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The stock has a market cap of $1.66 trillion, a P/E ratio of 73.40, a P/E/G ratio of 1.21 and a beta of 1.19. The stock’s 50 day simple moving average is $362.74 and its 200 day simple moving average is $325.67. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58.

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

Broadcom Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, December 22nd. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio is currently 54.62%.

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.