Broadcom Inc. $AVGO Shares Sold by Argent Capital Management LLC

Argent Capital Management LLC lessened its holdings in Broadcom Inc. (NASDAQ:AVGO) by 0.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 377,445 shares of the semiconductor manufacturer’s stock after selling 2,081 shares during the quarter. Broadcom makes up about 3.4% of Argent Capital Management LLC’s holdings, making the stock its 6th largest position. Argent Capital Management LLC’s holdings in Broadcom were worth $124,523,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Broadcom by 1.3% during the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock worth $133,261,046,000 after purchasing an additional 6,222,802 shares during the last quarter. State Street Corp raised its holdings in Broadcom by 0.5% during the second quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock worth $51,071,601,000 after purchasing an additional 873,963 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Broadcom by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock worth $29,827,649,000 after buying an additional 2,226,585 shares during the last quarter. Norges Bank acquired a new position in shares of Broadcom in the 2nd quarter valued at $18,579,549,000. Finally, Invesco Ltd. grew its position in shares of Broadcom by 8.4% in the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock valued at $10,598,641,000 after buying an additional 2,978,768 shares during the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Key Stores Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q4 AI strength — Zacks highlights that Broadcom’s AI (XPU) momentum accelerated, with Q4 AI revenue rising ~74% to $6.5B, a swelling order backlog and a bullish 2026 revenue outlook. Strong AI revenue and backlog support upside for AVGO. Read More.
• Positive Sentiment: Analyst optimism — Cantor Fitzgerald and other outlets name Broadcom among semiconductors poised to outperform in 2026, reflecting favorable sell-side sentiment on AI exposure. Read More.
• Positive Sentiment: Buy-recommendation momentum & stock picks — Multiple publications (Finbold, The Motley Fool) list Broadcom among top AI buys and among names with heavy “Buy” analyst support heading into 2026, reinforcing demand-side narrative. Read More. • Read More.
• Positive Sentiment: Insider buy signals (small) — Reports show modest insider purchases (e.g., Harry You acquiring 1,000 shares) and a brief market reaction tying insider buying to intraday strength. These buys can be read as a minor vote of confidence. Read More. • Read More.
• Neutral Sentiment: Mixed market commentary — Several deep-dive pieces praise Broadcom’s AI role while flagging execution/valuation upside; options activity shows investor caution. These analyses temper but don’t overturn the bullish thesis. Read More. • Read More.
• Negative Sentiment: Large insider selling — Company insiders, including the CEO, have executed sizable sales (reports show total insider selling topping ~$100M and Hock Tan selling 130,000 shares), which is weighing on sentiment and raising governance/realization concerns. Read More. • Read More.
• Negative Sentiment: Margin and backlog concerns — Management warned gross margins will decline (driven by higher mix of system sales vs. chips), creating uncertainty about margin quality of the large AI backlog; markets sold the stock after the guidance. This is the primary driver of recent volatility. (Deep dive summary)
• Negative Sentiment: Rising short interest — Short interest rose notably in mid-December (reported ~69.8M shares, +23.8% month-over-month), which can amplify downside on negative headlines and shows some trader skepticism. (data entry)

Broadcom Price Performance

Broadcom stock opened at $350.18 on Friday. The company has a market cap of $1.66 trillion, a P/E ratio of 73.57, a price-to-earnings-growth ratio of 1.20 and a beta of 1.19. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The business has a fifty day moving average of $362.68 and a two-hundred day moving average of $323.20. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71.

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

Broadcom Increases Dividend

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

Insider Buying and Selling at Broadcom

In other Broadcom news, CEO Hock E. Tan sold 130,000 shares of the business’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $326.02, for a total transaction of $42,382,600.00. Following the sale, the chief executive officer directly owned 595,638 shares in the company, valued at approximately $194,189,900.76. The trade was a 17.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Charlie B. Kawwas sold 1,928 shares of the firm’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 transaction, the insider owned 23,582 shares of the company’s stock, valued at $7,730,179.60. This trade represents a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 524,780 shares of company stock worth $195,499,150. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AVGO. TD Cowen boosted their price target on shares of Broadcom from $405.00 to $450.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Piper Sandler reissued 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. Bank of America raised their price target on Broadcom from $460.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Broadcom in a research report on Monday, December 15th. Finally, Morgan Stanley increased 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. Three investment 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 stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $436.33.

Broadcom Company Profile

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.