Shum Financial Group Inc. Takes Position in Broadcom Inc. $AVGO

Shum Financial Group Inc. bought a new stake in shares of Broadcom Inc. (NASDAQ:AVGO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,671 shares of the semiconductor manufacturer’s stock, valued at approximately $551,000.

Other hedge funds have also recently bought and sold shares of the company. Hamilton Point Investment Advisors LLC grew its stake in shares of Broadcom by 3.7% in the 3rd quarter. Hamilton Point Investment Advisors LLC now owns 1,953 shares of the semiconductor manufacturer’s stock worth $644,000 after purchasing an additional 70 shares during the last quarter. Security National Bank lifted its stake in Broadcom by 4.0% during the third quarter. Security National Bank now owns 23,117 shares of the semiconductor manufacturer’s stock valued at $7,627,000 after purchasing an additional 899 shares during the last quarter. Swisher Financial Concepts Inc. boosted its holdings in Broadcom by 78.2% during the third quarter. Swisher Financial Concepts Inc. now owns 5,308 shares of the semiconductor manufacturer’s stock worth $1,751,000 after buying an additional 2,330 shares in the last quarter. Brendel Financial Advisors LLC grew its position in Broadcom by 5.1% in the third quarter. Brendel Financial Advisors LLC now owns 9,138 shares of the semiconductor manufacturer’s stock worth $3,015,000 after buying an additional 440 shares during the last quarter. Finally, Aljian Capital Management LLC grew its position in Broadcom by 1.2% in the third quarter. Aljian Capital Management LLC now owns 24,883 shares of the semiconductor manufacturer’s stock worth $8,209,000 after buying an additional 294 shares during the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

AVGO has been the subject of a number of recent research reports. Citigroup reiterated a “buy” rating and set a $480.00 price objective (up previously from $415.00) on shares of Broadcom in a research report on Friday, December 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a research report on Monday, December 29th. Oppenheimer 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. Macquarie started coverage on Broadcom in a research note on Monday, September 15th. They issued an “outperform” rating and a $420.00 price target on the stock. Finally, Raymond James Financial set a $420.00 price objective on Broadcom and gave the stock an “outperform” rating in a report on Thursday, November 20th. Three 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. According to MarketBeat, the stock presently has an average 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: Broadcom is highlighted as a primary beneficiary of the AI networking upgrade cycle; the company has sizable AI-related backlog (Fool cites roughly $20B of non-accelerator AI backlog), which supports persistent revenue visibility for networking products. The Market May Be Underestimating This AI Trend
• Positive Sentiment: Wall Street bullishness: several analysts see meaningful upside for AVGO (some commentary points to >30% upside), and recent consensus price targets sit well above the current price — supportive for medium‑term upside if execution continues. Is Broadcom stock a buy for 2026? Analysts predict over 30% upside
• Positive Sentiment: Analyst model upgrades: Zacks and other research teams have raised multi‑year EPS forecasts materially (FY2026–FY2028 EPS were lifted), implying higher earnings growth that could justify a richer multiple if realized.
• Neutral Sentiment: Social and market chatter is mixed: summaries note a reported $73B AI order backlog cited in social posts (large but sometimes conflated across categories) while also flagging disappointment with parts of recent guidance — this keeps sentiment volatile. Broadcom Inc. Stock (AVGO) Opinions on AI Backlog and Earnings Guidance
• Neutral Sentiment: Macro/market context: MarketBeat notes a tech‑led start to 2026 — favorable for AVGO — but warns Fed policy and upcoming macro data could swing sentiment. MarketBeat Week in Review – 12/29 – 01/02
• Negative Sentiment: Valuation and re‑rating risk: Yahoo Finance discusses a re‑assessment of valuation after a multi‑year run and recent share softness — with AVGO trading at a premium multiple, expectations are already high and could cap near‑term gains if growth or guidance slips. Broadcom (AVGO): Assessing Valuation After Recent Share Price Softness and Multi‑Year Run

Insider Buying and Selling

In related news, CEO Hock E. Tan sold 100,000 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $345.65, for a total transaction of $34,565,000.00. Following the completion of the sale, the chief executive officer directly owned 495,638 shares in the company, valued at approximately $171,317,274.70. This trade represents a 16.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark David Brazeal sold 25,921 shares of Broadcom stock in a transaction on Friday, December 26th. The shares were sold at an average price of $352.07, for a total value of $9,126,006.47. Following the sale, the insider directly owned 240,573 shares of the company’s stock, valued at approximately $84,698,536.11. The trade was a 9.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 650,701 shares of company stock worth $239,190,157. Insiders own 2.00% of the company’s stock.

Broadcom Trading Up 0.4%

Shares of NASDAQ AVGO opened at $347.62 on Monday. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The business has a 50-day moving average price of $362.90 and a two-hundred day moving average price of $328.40. The firm has a market capitalization of $1.65 trillion, a PE ratio of 73.03, a PEG ratio of 1.17 and a beta of 1.21.

Broadcom (NASDAQ:AVGO) last issued its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.08. The company had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The firm’s quarterly revenue was up 28.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.42 EPS. 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 disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a $0.65 dividend. The ex-dividend date was Monday, December 22nd. This represents a $2.60 annualized dividend and a yield of 0.7%. This is a boost from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio (DPR) 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.