Foresight Capital Management Advisors Inc. Has $5.81 Million Stake in Broadcom Inc. $AVGO

Foresight Capital Management Advisors Inc. lessened its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 13.8% during the third quarter, Holdings Channel.com reports. The fund owned 17,610 shares of the semiconductor manufacturer’s stock after selling 2,819 shares during the period. Broadcom accounts for about 3.3% of Foresight Capital Management Advisors Inc.’s holdings, making the stock its 7th biggest holding. Foresight Capital Management Advisors Inc.’s holdings in Broadcom were worth $5,810,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Broadcom in the second quarter valued at $18,579,549,000. Vanguard Group Inc. lifted its holdings in Broadcom by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock valued at $133,261,046,000 after acquiring an additional 6,222,802 shares during the last quarter. Edgewood Management LLC bought a new position in shares of Broadcom during the 2nd quarter valued at about $1,571,438,000. Alliancebernstein L.P. grew its stake in shares of Broadcom by 16.0% in the 1st quarter. Alliancebernstein L.P. now owns 29,513,814 shares of the semiconductor manufacturer’s stock worth $4,941,498,000 after purchasing an additional 4,077,910 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its holdings in shares of Broadcom by 115.5% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,017,340 shares of the semiconductor manufacturer’s stock worth $1,658,680,000 after purchasing an additional 3,224,739 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Truist Financial lifted their price target on shares of Broadcom from $500.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. The Goldman Sachs Group set a $435.00 target price on Broadcom and gave the stock a “buy” rating in a report on Tuesday, November 25th. Mizuho upped their target price on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of Broadcom in a research note on Monday, December 15th. Finally, Wall Street Zen upgraded Broadcom from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $436.33.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Analysts and brokerages are turning bullish — multiple firms have issued upgrades and high price targets (median ~ $450), and some outlets report a consensus “Buy” recommendation, supporting near-term buying interest. Deutsche Bank Is Bullish On Broadcom Inc. (AVGO)
• Positive Sentiment: Heavy AI backlog and Q4 beat underpin growth thesis — coverage highlights a roughly $73B AI order backlog and a strong fiscal Q4 revenue beat, bolstering expectations for multi-year AI-driven revenue and custom silicon demand. Quiver Quant AI backlog and earnings discussion
• Positive Sentiment: Macro/industry bulls see upside from next‑gen AI rollouts — firms like Cantor Fitzgerald and others flag Broadcom as a key beneficiary of upcoming AI infrastructure upgrades. Cantor Fitzgerald: Nvidia and Broadcom May Explode on Next-Gen AI Rollout
• Neutral Sentiment: Institutional flows and positioning are mixed — large moves (e.g., UBS adding a sizeable stake) and many funds adjusting positions mean liquidity and ownership are shifting, which can amplify volatility but also supports longer-term conviction. Quiver Quant institutional moves
• Neutral Sentiment: Positive media/long‑term narratives continue — multiple bullish writeups and inclusion in high-profile investor baskets boost visibility but may already be priced in after a strong YTD run. Seeking Alpha coverage
• Negative Sentiment: Post‑earnings selloff and margin warning continue to weigh — despite record Q4 results, the stock plunged mid‑December after management signaled margin pressure and gave flat non‑AI revenue cues; that skepticism remains a drag on sentiment. 247WallSt post‑earnings analysis
• Negative Sentiment: Insider selling is heavy — public filings show extensive insider sales in recent months, which some investors view as a negative signal even though a few insiders made purchases. Quiver Quant insider trading summary

Insider Activity at Broadcom

In other news, insider Charlie B. Kawwas sold 1,928 shares of the business’s stock in a transaction on 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 directly owned 23,582 shares in the company, valued at $7,730,179.60. The trade was a 7.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Mark David Brazeal sold 38,281 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $327.65, for a total transaction of $12,542,769.65. Following the completion of the transaction, the insider directly owned 266,494 shares in the company, valued at $87,316,759.10. This trade represents a 12.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 524,780 shares of company stock worth $195,499,150. 2.00% of the stock is currently owned by company insiders.

Broadcom Stock Up 0.5%

Shares of Broadcom stock opened at $352.13 on Monday. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61. The company has a market cap of $1.67 trillion, a P/E ratio of 73.98, a P/E/G ratio of 1.21 and a beta of 1.19. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. The stock has a 50-day moving average price of $362.74 and a 200 day moving average price of $325.01.

Broadcom (NASDAQ:AVGO) last released its 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 analysts’ expectations of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The business’s revenue for the quarter was up 28.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.42 EPS. As a group, analysts expect that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a 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 currently 54.62%.

Broadcom 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.