CHICAGO TRUST Co NA Increases Position in Broadcom Inc. $AVGO

CHICAGO TRUST Co NA increased its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 13.3% during the 3rd quarter, Holdings Channel reports. The firm owned 25,908 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,047 shares during the period. Broadcom comprises 1.2% of CHICAGO TRUST Co NA’s investment portfolio, making the stock its 17th biggest position. CHICAGO TRUST Co NA’s holdings in Broadcom were worth $8,547,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Diversified Enterprises LLC lifted its position in shares of Broadcom by 1.4% in the third quarter. Diversified Enterprises LLC now owns 7,855 shares of the semiconductor manufacturer’s stock valued at $2,591,000 after acquiring an additional 111 shares in the last quarter. Navigoe LLC grew its position in shares of Broadcom by 515.0% during the third quarter. Navigoe LLC now owns 123 shares of the semiconductor manufacturer’s stock worth $40,000 after purchasing an additional 103 shares in the last quarter. Warburton Capital Management LLC raised its stake in Broadcom by 5.0% during the 3rd quarter. Warburton Capital Management LLC now owns 1,057 shares of the semiconductor manufacturer’s stock valued at $352,000 after purchasing an additional 50 shares during the period. Charles Schwab Trust Co lifted its holdings in Broadcom by 1.4% in the 3rd quarter. Charles Schwab Trust Co now owns 26,513 shares of the semiconductor manufacturer’s stock worth $8,747,000 after purchasing an additional 375 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in Broadcom by 29.2% in the 3rd quarter. Sound Income Strategies LLC now owns 5,562 shares of the semiconductor manufacturer’s stock worth $1,919,000 after purchasing an additional 1,258 shares in the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Insider Activity at Broadcom

In related news, insider Charlie B. Kawwas sold 1,928 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.80, for a total value of $631,998.40. Following the sale, the insider directly owned 23,582 shares of the company’s stock, valued at $7,730,179.60. This represents a 7.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Henry Samueli sold 320,316 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $400.53, for a total transaction of $128,296,167.48. Following the completion of the sale, the director directly owned 37,326,540 shares of the company’s stock, valued at approximately $14,950,399,066.20. The trade was a 0.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 524,780 shares of company stock worth $195,499,150 in the last three months. 2.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AVGO. UBS Group set a $475.00 price objective on shares of Broadcom and gave the company a “buy” rating in a research report on Monday, December 15th. Citigroup reiterated a “buy” rating and issued a $480.00 price target (up from $415.00) on shares of Broadcom in a report on Friday, December 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of Broadcom in a report on Monday, December 15th. Mizuho raised their price objective on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $430.00 target price (up from $375.00) on shares of Broadcom in a report on Friday, December 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Broadcom currently has a consensus rating of “Buy” and an average price target of $436.33.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Truist raised its price target to $510, adding to recent upward revisions that bolster buy-side momentum and give institutional investors cover to add shares. Read More.
• Positive Sentiment: Strong AI growth thesis: reports highlight management guidance and analyst estimates showing very large AI revenue and FCF expansion (Seeking Alpha notes >150% AI revenue and ~60% FCF growth for FY2026), supporting higher valuation multiples if delivered. Read More.
• Positive Sentiment: Market narrative shift to backlog/supply wins: commentary says investors are re‑rating AVGO on its ability to convert a reported ~$73B AI order book into durable revenue rather than focusing only on near‑term margins. Read More.
• Positive Sentiment: Dividend increase signals strong cash flow and may attract income investors; the higher payout also complements the growth narrative. Read More.
• Positive Sentiment: Insider buy: director Harry L. You purchased 1,000 shares (~$325k), a modest but helpful signal of insider conviction amid mixed insider activity. Read More.
• Neutral Sentiment: Deep-dive pieces on international revenue mix and options/flow activity are informative for modeling revenue exposure and short-term volatility but are not immediate fundamentals changes. Read More.
• Neutral Sentiment: Social-media and forum chatter (Quiver/other aggregators) show mixed reactions — heavy bullish posts on AI revenue are balanced by debate over non‑AI flatness; this amplifies intraday moves but is an unreliable signal for fundamentals. Read More.
• Negative Sentiment: Large insider sale: CEO Hock E. Tan sold 130,000 shares (~$42.4M), materially reducing his stake — a move that can spook investors and weighs on sentiment despite other buys. Read More.
• Negative Sentiment: Multiple other insider sales and recent selling by some senior officers amplify the negative signal from insider transactions. Read More.
• Negative Sentiment: Post‑earnings pullback and valuation concerns: AVGO is down materially since the Dec. 11 results (~19% noted) and outlets like Barron’s flag potential overvaluation, which could cap upside if AI growth expectations moderate. Read More. Read More.

Broadcom Trading Up 2.3%

Shares of AVGO stock opened at $349.32 on Wednesday. The company has a market cap of $1.66 trillion, a PE ratio of 73.39, a price-to-earnings-growth ratio of 1.17 and a beta of 1.19. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. The stock’s 50 day simple moving average is $362.78 and its two-hundred day simple moving average is $322.82. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.08. The company had revenue of $18.02 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the firm posted $1.42 EPS. Research analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

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