Broadcom Inc. $AVGO Shares Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC trimmed its position in Broadcom Inc. (NASDAQ:AVGO) by 95.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,285 shares of the semiconductor manufacturer’s stock after selling 440,136 shares during the quarter. Broadcom comprises approximately 0.6% of Curated Wealth Partners LLC’s holdings, making the stock its 19th biggest position. Curated Wealth Partners LLC’s holdings in Broadcom were worth $7,124,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WealthPlan Investment Management LLC lifted its position in shares of Broadcom by 18.3% in the third quarter. WealthPlan Investment Management LLC now owns 42,367 shares of the semiconductor manufacturer’s stock valued at $14,879,000 after acquiring an additional 6,549 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in shares of Broadcom by 9.5% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 9,880 shares of the semiconductor manufacturer’s stock worth $3,470,000 after acquiring an additional 860 shares during the period. Nvwm LLC grew its position in shares of Broadcom by 1.1% during the third quarter. Nvwm LLC now owns 21,979 shares of the semiconductor manufacturer’s stock worth $7,694,000 after purchasing an additional 236 shares in the last quarter. Viking Fund Management LLC grew its position in shares of Broadcom by 7.8% during the third quarter. Viking Fund Management LLC now owns 118,000 shares of the semiconductor manufacturer’s stock worth $41,440,000 after purchasing an additional 8,500 shares in the last quarter. Finally, Kellett Wealth Advisors LLC grew its position in shares of Broadcom by 1.9% during the third quarter. Kellett Wealth Advisors LLC now owns 4,655 shares of the semiconductor manufacturer’s stock worth $1,635,000 after purchasing an additional 88 shares in the last quarter. Institutional investors own 76.43% of the company’s stock.

Broadcom Stock Down 0.6%

AVGO opened at $344.33 on Friday. The company has a market capitalization of $1.64 trillion, a PE ratio of 43.98 and a beta of 1.46. The firm has a 50-day simple moving average of $366.31 and a two-hundred day simple moving average of $383.89. The company has a quick ratio of 2.29, a current ratio of 2.50 and a debt-to-equity ratio of 0.57. Broadcom Inc. has a 52 week low of $289.96 and a 52 week high of $495.00.

Broadcom (NASDAQ:AVGO) last issued 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 firm had revenue of $29.59 billion for the quarter, compared to analysts’ expectations of $29.24 billion. During the same period in the previous year, the firm posted $1.69 earnings per share. The business’s revenue was up 85.5% compared to the same quarter last year. Analysts forecast that Broadcom Inc. will post 10.37 earnings per share for the current fiscal year.

Broadcom Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, September 21st. Broadcom’s dividend payout ratio (DPR) is currently 33.21%.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s AI business remains a major growth driver. Reports highlight 221% growth in AI chip sales, strong demand for custom accelerators, and hyperscaler interest in alternatives to Nvidia’s higher-cost architecture. Some analysts believe Broadcom could benefit as AI spending broadens beyond Nvidia. Prediction: Broadcom Could Be the AI Winner After Nvidia
• Positive Sentiment: Bullish coverage points to Broadcom’s combination of high-margin semiconductors, networking products, custom silicon, and recurring infrastructure software revenue. Supporters argue that weaker non-AI segments are masking strong execution and creating a long-term buying opportunity. I’m Simply Not Worried About Broadcom’s Multi-Segment Drag
• Neutral Sentiment: Comparisons with Nvidia, Applied Materials, Marvell Technology, and SK Hynix emphasize Broadcom’s differentiated exposure to networking and custom AI chips, although SK Hynix recently showed stronger overall revenue momentum. These comparisons reinforce the investment debate rather than introduce a new company-specific catalyst. Broadcom vs. SK Hynix Revenue Trends
• Negative Sentiment: Tan cautioned that AI investing is becoming “casino”-like and that investors may underestimate how difficult it will be for AI companies to earn returns as spending and financing costs rise. He warned that tighter capital availability could slow AI infrastructure expansion. Broadcom CEO Hock Tan Warning About Casino-Like Investing
• Negative Sentiment: Investors are also examining potential off-balance-sheet financing and a reported $50 billion debt arrangement, increasing concern about leverage and counterparty risks if AI demand or customer returns weaken. Broadcom Off-Balance-Sheet Financing Risk
• Negative Sentiment: Apple’s reported cuts to iPhone 18 Pro component orders raise questions about Broadcom’s smartphone-related sales, while the continuing technology sell-off is weighing on high-valuation AI stocks broadly. Apple Cut iPhone 18 Orders

Analysts Set New Price Targets

AVGO has been the topic of several recent analyst reports. JPMorgan Chase & Co. reissued a “buy” rating on shares of Broadcom in a research note on Thursday, September 3rd. Rosenblatt Securities began coverage on Broadcom in a research note on Thursday, September 3rd. They issued a “buy” rating and a $600.00 price target for the company. Jefferies Financial Group began coverage on Broadcom in a research note on Thursday, September 3rd. They issued a “buy” rating and a $550.00 price target for the company. Dbs Bank upgraded shares of Broadcom to a “moderate buy” rating in a research report on Thursday, June 18th. Finally, Evercore set a $578.00 price objective on shares of Broadcom and gave the company an “outperform” rating in a research report on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Broadcom presently has a consensus rating of “Moderate Buy” and a consensus price target of $527.20.

Broadcom Company 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.