Encompass More Asset Management Reduces Holdings in Broadcom Inc. $AVGO

Encompass More Asset Management reduced its stake in Broadcom Inc. (NASDAQ:AVGO) by 82.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 783 shares of the semiconductor manufacturer’s stock after selling 3,633 shares during the quarter. Encompass More Asset Management’s holdings in Broadcom were worth $258,000 as of its most recent SEC filing.

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

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is benefiting from outsized AI/data‑center demand; its custom AI accelerators are gaining customers (report cites Anthropic placing very large orders), supporting revenue visibility for 2026. This Super Semiconductor Stock Crushed Nvidia in 2025
• Positive Sentiment: Macro/sector pieces argue NVIDIA’s current demand is a follow‑on opportunity for Broadcom (networking, switches, interconnect), reinforcing the company’s long‑term TAM exposure to hyperscaler AI buildouts. Bristol Gate US equity strategy
• Positive Sentiment: Industry performance and prior quarter results (strong revenue beat, high margins, recent dividend raise) underpin analyst bullishness and higher price targets, which can support the stock despite short‑term noise. MarketBeat AVGO profile
• Neutral Sentiment: Market commentary highlights tech stocks attempting a New‑Year rally; sentiment is mixed and broad market moves may drive short‑term AVGO volatility rather than company‑specific news. NVDA, INTC and AVGO Forecast
• Neutral Sentiment: A comparative/small‑cap contrast piece mentions Broadcom but offers little incremental company‑specific catalyst — useful context but limited market impact. Contrasting Broadcom & Sono-Tek
• Negative Sentiment: Large insider selling: CEO Hock E. Tan and other executives have sold material positions (including a recent ~$34.6M reported sale and a 100,000‑share filing), which is weighing on sentiment and can pressure the stock even if some sales are for tax/diversification. Hock E Tan Takes Money Off The Table
• Negative Sentiment: Coverage noting Broadcom’s AI momentum also flags margin and competitive risks; post‑earnings questions about non‑AI guidance and gross margins continue to cap near‑term upside. Broadcom’s AI Momentum Vs. Margin Risks
• Negative Sentiment: Forbes and other analysts raise the possibility of a pullback — framing the debate over valuation (high P/E) and near‑term execution risks, which can reinforce selling pressure. Is Broadcom Stock Going To Weaken?

Insider Activity at Broadcom

In other Broadcom news, CFO Kirsten M. Spears sold 3,714 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $327.79, for a total value of $1,217,412.06. Following the sale, the chief financial officer directly owned 307,237 shares of the company’s stock, valued at approximately $100,709,216.23. This trade represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark David Brazeal sold 38,281 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $327.65, for a total value of $12,542,769.65. Following the completion of the sale, the insider owned 266,494 shares of the company’s stock, 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. Insiders have sold a total of 650,701 shares of company stock valued at $239,190,157 in the last ninety days. 2.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

AVGO has been the subject of a number of research reports. Rosenblatt Securities lifted their target price on Broadcom from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Morgan Stanley raised their price target on shares of Broadcom from $443.00 to $462.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Argus upped their price objective on shares of Broadcom from $285.00 to $375.00 and gave the company a “buy” rating in a report on Monday, September 8th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $475.00 price objective (up previously from $400.00) on shares of Broadcom in a research note on Friday, December 12th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Broadcom in a research report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $436.33.

Broadcom Stock Performance

Shares of NASDAQ AVGO opened at $346.10 on Friday. The company has a market capitalization of $1.64 trillion, a PE ratio of 72.71, a price-to-earnings-growth ratio of 1.18 and a beta of 1.21. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. The company’s fifty day moving average price is $363.03 and its 200 day moving average price is $326.65. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, topping 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 in the prior year, the firm posted $1.42 earnings per share. The company’s revenue was up 28.2% compared to the same quarter last year. On average, research analysts predict 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 was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was 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 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.