C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Sells 8,463 Shares of Broadcom Inc. $AVGO

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lessened its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 45.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 10,262 shares of the semiconductor manufacturer’s stock after selling 8,463 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Broadcom were worth $3,386,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Assetmark Inc. boosted its stake in shares of Broadcom by 2.4% during the 2nd quarter. Assetmark Inc. now owns 1,703,487 shares of the semiconductor manufacturer’s stock worth $469,566,000 after purchasing an additional 39,466 shares during the period. Capital Counsel LLC NY purchased a new position in shares of Broadcom during the second quarter valued at approximately $221,000. Waterloo Capital L.P. grew its stake in shares of Broadcom by 7.0% during the second quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer’s stock valued at $13,331,000 after buying an additional 3,180 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Broadcom by 27.9% in the first quarter. Geneos Wealth Management Inc. now owns 64,130 shares of the semiconductor manufacturer’s stock worth $10,737,000 after buying an additional 13,978 shares during the period. Finally, RiverFront Investment Group LLC lifted its stake in shares of Broadcom by 107.6% during the 2nd quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer’s stock worth $4,555,000 after acquiring an additional 8,566 shares during the last quarter. 76.43% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, 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 transaction, the insider directly owned 266,494 shares of the company’s stock, valued at approximately $87,316,759.10. This represents a 12.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Charlie B. Kawwas sold 1,928 shares of the company’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 in the company, valued at approximately $7,730,179.60. This trade represents a 7.56% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 680,701 shares of company stock valued at $249,624,757. 2.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

AVGO has been the topic of several research analyst reports. Raymond James Financial set a $420.00 price objective on Broadcom and gave the company an “outperform” rating in a research report on Thursday, November 20th. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 price target on shares of Broadcom in a report on Monday. JPMorgan Chase & Co. lifted their price objective on shares of Broadcom from $400.00 to $475.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Citigroup reiterated a “buy” rating and issued a $480.00 price target (up previously from $415.00) on shares of Broadcom in a report on Friday, December 12th. Finally, Evercore ISI upped their target price on Broadcom from $342.00 to $403.00 and gave the stock an “outperform” rating in a report on Wednesday, October 15th. 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 company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $436.89.

Broadcom Price Performance

AVGO opened at $343.77 on Wednesday. The firm has a market capitalization of $1.63 trillion, a PE ratio of 72.22, a price-to-earnings-growth ratio of 1.16 and a beta of 1.21. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. The business’s 50-day moving average is $361.95 and its two-hundred day moving average is $329.71. Broadcom Inc. has a 1 year low of $138.10 and a 1 year 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, beating the consensus estimate 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 analyst estimates of $17.46 billion. During the same period in the prior year, the firm posted $1.42 earnings per share. The company’s quarterly revenue was up 28.2% on a year-over-year basis. Research analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.8%. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, December 22nd. Broadcom’s payout ratio is 54.62%.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: BofA named Broadcom among top chip stocks to “ride the wave,” reinforcing institutional conviction that AVGO will benefit from continued AI and data‑center spending. Nvidia, Broadcom, AMD among BofA’s top chip stocks to ‘ride the wave’
• Positive Sentiment: Product catalyst — Broadcom launched a unified Wi‑Fi 8 platform aimed at enabling seamless AI experiences in homes, which expands addressable markets in connectivity/edge AI and supports future revenue streams. Broadcom Launches Unified Wi-Fi 8 Platform for Seamless AI Experiences in Homes
• Positive Sentiment: Analyst/coverage momentum and inclusion on AI stock watchlists (e.g., Motley Fool) are lifting consensus targets and keep demand steady from growth‑oriented funds — a bullish backdrop for medium‑term upside. 3 Best Artificial Intelligence Stocks to Buy in January
• Positive Sentiment: InsiderTrades/MarketBeat note institutional accumulation continued entering 2026 despite some insider profit‑taking, which supports the view that large holders are positioning for Broadcom’s custom ASIC/GPU growth. The AI Tech Paradox: Insiders Sell, the Case for Buying Gets Stronger (AVGO)
• Neutral Sentiment: Zacks and other outlets flag AVGO as a trending/buy candidate but focus on timing and valuation — useful for investors evaluating entry points but not new fundamental news. Is Trending Stock Broadcom Inc. (AVGO) a Buy Now?
• Neutral Sentiment: Valuation reviews and analyst pieces assessing recent share‑price softness are keeping trading volatile until next earnings/guidance provide clarity; this increases short‑term uncertainty. Broadcom (AVGO): Assessing Valuation After Recent Share Price Softness and Multi‑Year Run
• Negative Sentiment: Seeking Alpha warns the AI hype may not justify current multiples — a direct valuation critique that can amplify downside if revenue/guidance disappoint. Broadcom: The AI Hype Can’t Sustain This Price
• Negative Sentiment: CFO Kirsten Spears sold 30,000 shares (SEC filing), a sizeable insider sale that may create short‑term selling pressure or investor questions about timing, even if described as routine monetization. SEC Form 4 — Kirsten M. Spears

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.