2,756 Broadcom Inc. $AVGO Shares Purchased by Apeiron RIA LLC

Apeiron RIA LLC raised its position in Broadcom Inc. (NASDAQ:AVGO) by 151.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 4,575 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,756 shares during the quarter. Apeiron RIA LLC’s holdings in Broadcom were worth $1,572,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AVGO. YHB Investment Advisors Inc. grew its position in Broadcom by 76.7% during the 3rd quarter. YHB Investment Advisors Inc. now owns 34,023 shares of the semiconductor manufacturer’s stock worth $11,949,000 after acquiring an additional 14,772 shares during the last quarter. Everhart Financial Group Inc. raised its position in Broadcom by 0.7% in the 3rd quarter. Everhart Financial Group Inc. now owns 36,185 shares of the semiconductor manufacturer’s stock valued at $12,708,000 after purchasing an additional 266 shares during the last quarter. Gradient Investments LLC raised its position in Broadcom by 9.1% in the 3rd quarter. Gradient Investments LLC now owns 224,134 shares of the semiconductor manufacturer’s stock valued at $78,714,000 after purchasing an additional 18,735 shares during the last quarter. Avidian Wealth Enterprises LLC boosted its stake in Broadcom by 3.3% in the third quarter. Avidian Wealth Enterprises LLC now owns 66,179 shares of the semiconductor manufacturer’s stock worth $23,241,000 after purchasing an additional 2,115 shares in the last quarter. Finally, Ebert Capital Management Inc. grew its holdings in shares of Broadcom by 20.8% during the third quarter. Ebert Capital Management Inc. now owns 4,810 shares of the semiconductor manufacturer’s stock worth $1,689,000 after purchasing an additional 827 shares during the last quarter. Institutional investors own 76.43% of the company’s stock.

Broadcom Trading Down 3.3%

AVGO traded down $12.35 during midday trading on Thursday, reaching $364.16. 9,324,653 shares of the company were exchanged, compared to its average volume of 25,031,582. The stock has a market capitalization of $1.74 trillion, a P/E ratio of 46.52 and a beta of 1.46. Broadcom Inc. has a one year low of $289.96 and a one year high of $495.00. The stock’s 50-day simple moving average is $372.35 and its 200 day simple moving average is $382.17. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.29 and a current ratio of 2.50.

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

Broadcom Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, September 21st. Broadcom’s dividend payout ratio is 33.21%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Cantor Fitzgerald lifted their price target on Broadcom from $525.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, September 3rd. UBS Group cut shares of Broadcom from a “buy” rating to a “hold” rating in a research report on Thursday, September 3rd. Lake Street Capital raised shares of Broadcom to a “buy” rating in a research note on Thursday, September 3rd. President Capital upped their target price on shares of Broadcom from $520.00 to $546.00 and gave the stock a “buy” rating in a research report on Thursday, September 3rd. Finally, DA Davidson set a $350.00 price target on shares of Broadcom and gave the company a “neutral” rating in a research note on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Broadcom has a consensus rating of “Moderate Buy” and an average target price of $527.20.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is reportedly seeking more than $50 billion from lenders including Apollo Global Management and Blackstone to finance custom AI chips being developed with OpenAI. The effort signals potentially enormous demand for Broadcom’s custom accelerators and could support long-term AI revenue growth. Discussions remain preliminary, however, and the final financing amount may change. Broadcom seeks more than $50 billion to finance OpenAI AI chips
• Positive Sentiment: Investors continue to highlight Broadcom’s rapid custom-chip and networking opportunity as hyperscalers expand AI infrastructure. Analysts cited in recent coverage expect substantial earnings growth, while elevated call-option activity indicates strong speculative interest in the shares. Broadcom AI revenue growth and custom chips
• Neutral Sentiment: CEO Hock Tan continues to defend Broadcom’s approximately $350 billion AI-chip outlook, emphasizing demand from inference-focused customers. The forecast supports the bullish long-term narrative but requires sustained spending by a small group of large technology customers. Broadcom CEO defends AI outlook
• Negative Sentiment: The proposed debt-funded chip purchases have raised concerns about leverage, “circular” financing and the risk of financing chips with loans that could outlast their useful lives. Because the arrangement is tied to OpenAI demand and remains unfinalized, investors may be discounting execution, credit and customer-concentration risks. AI chip debt financing risks
• Negative Sentiment: Broadcom’s valuation remains demanding after its strong AI rally, leaving less room for disappointment. Investors are questioning whether projected AI growth is already reflected in the stock, particularly as competing chip and networking companies pursue the same hyperscaler spending. Broadcom AI growth and valuation

Insider Activity at Broadcom

In other news, insider Mark Brazeal sold 25,000 shares of the firm’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the sale, the insider owned 194,989 shares of the company’s stock, valued at $78,254,935.37. This trade represents a 11.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.90% of the stock is currently owned by corporate insiders.

Broadcom Profile

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

The company’s semiconductor portfolio includes networking and switching products, custom application-specific integrated circuits, wireless connectivity components, radio-frequency devices, optical components, and storage-related solutions.