Broadcom Inc. $AVGO Shares Acquired by Apollon Wealth Management LLC

Apollon Wealth Management LLC increased its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 1.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 264,971 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,946 shares during the period. Broadcom comprises 1.6% of Apollon Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position. Apollon Wealth Management LLC’s holdings in Broadcom were worth $87,416,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sawyer & Company Inc boosted its stake in shares of Broadcom by 62.1% in the second quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 36 shares during the period. Longfellow Investment Management Co. LLC acquired a new stake in Broadcom during the 2nd quarter worth approximately $27,000. Legend Financial Advisors Inc. purchased a new position in Broadcom in the 2nd quarter valued at approximately $28,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of Broadcom in the second quarter worth $28,000. Finally, LGT Financial Advisors LLC acquired a new position in shares of Broadcom in the second quarter worth $31,000. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Strong analyst conviction — multiple firms have reiterated Buy/Overweight ratings and raised price targets, supporting upside expectations and institutional demand. Broadcom Inc. (AVGO) up 51% YTD, Wall Street Still Sees 31% Upside
• Positive Sentiment: Sector tailwind from AI infrastructure — commentary on NVIDIA’s Groq deal highlights that as AI shifts from training to inference, networking and data‑center suppliers like Broadcom stand to benefit. The Lazy Way to Play NVIDIA’s $20B Groq Deal
• Positive Sentiment: Dividend increase and strong fundamentals — Broadcom recently raised its quarterly payout and continues to report outsized margins and revenue growth, which supports the long‑term income/quality case. MarketBeat: AVGO profile & dividend details
• Neutral Sentiment: Insider selling is heavy but partly explained — several late‑Dec Form 4s reflect RSU tax‑withholding or diversification through exchange funds, which reduces the outright negative signal for most sales. Broadcom’s Insider Selling: A Big Red Flag, or Business as Usual?
• Neutral Sentiment: Technical/market‑momentum questions — chart studies note the rally may be losing directional momentum, which can increase short‑term volatility despite the longer‑term bull case. Broadcom Stock: Is The Rally Losing Directional Momentum?
• Negative Sentiment: Large discretionary insider sales (CEO Hock Tan and other officers) — material reductions by executives draw investor scrutiny and can weigh on sentiment even when there are stated diversification/tax reasons. SEC Form 4: Hock Tan sale
• Negative Sentiment: Post‑earnings margin/guidance concerns — the Dec. earnings beat was followed by a sharp pullback as investors parsed flat non‑AI guidance and gross‑margin questions, which can cap near‑term upside. Post‑earnings selloff analysis

Insider Activity

In other news, CFO Kirsten M. Spears sold 3,714 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.79, for a total transaction of $1,217,412.06. Following the completion of the sale, the chief financial officer owned 307,237 shares in the company, valued at approximately $100,709,216.23. This represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Harry L. You purchased 1,000 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were bought at an average cost of $325.13 per share, for a total transaction of $325,130.00. Following the acquisition, the director owned 36,602 shares of the company’s stock, valued at approximately $11,900,408.26. The trade was a 2.81% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 650,701 shares of company stock worth $239,190,157 over the last 90 days. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on AVGO. Oppenheimer lifted 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. Deutsche Bank Aktiengesellschaft set a $430.00 price target on Broadcom and gave the company a “buy” rating in a research report on Friday, December 12th. Wells Fargo & Company boosted their price objective on Broadcom from $255.00 to $345.00 and gave the stock an “equal weight” rating in a research report on Friday, September 5th. JPMorgan Chase & Co. upped their target price on shares of Broadcom from $400.00 to $475.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Finally, Bank of America lifted their price target on shares of Broadcom from $460.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $436.33.

Broadcom Stock Up 0.1%

Shares of NASDAQ AVGO opened at $349.85 on Wednesday. The business has a 50-day moving average price of $362.88 and a 200 day moving average price of $326.38. The stock has a market cap of $1.66 trillion, a PE ratio of 73.50, a price-to-earnings-growth ratio of 1.19 and a beta of 1.19. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 0.76. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, topping 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%.The firm’s revenue was up 28.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.42 earnings per share. Equities research analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

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