Broadcom Inc. $AVGO Shares Sold by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS decreased its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 0.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,621,280 shares of the semiconductor manufacturer’s stock after selling 5,400 shares during the quarter. Broadcom comprises 2.1% of KLP Kapitalforvaltning AS’s holdings, making the stock its 7th largest holding. KLP Kapitalforvaltning AS’s holdings in Broadcom were worth $534,876,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings 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 position in Broadcom during the 2nd quarter valued at about $27,000. Legend Financial Advisors Inc. acquired a new position in Broadcom during the 2nd quarter valued at about $28,000. Teachers Insurance & Annuity Association of America bought a new stake in Broadcom during the 2nd quarter worth approximately $28,000. Finally, LGT Financial Advisors LLC purchased a new stake in shares of Broadcom in the second quarter worth approximately $31,000. 76.43% of the stock is currently owned by institutional investors.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom unveiled new Wi‑Fi products at CES 2026 — including the BCM4918 accelerated processing unit and two Wi‑Fi 8 chipsets (BCM6714, BCM6719). These launches expand Broadcom’s router/edge and connectivity TAM and reinforce near‑term revenue catalysts from networking and edge AI demand. Broadcom Inc. (AVGO) Launches new Wi‑Fi Products at CES 2026
• Positive Sentiment: Analyst and feature coverage emphasize Broadcom’s differentiated AI growth (custom AI compute units + infrastructure exposure), supporting a higher multiple outlook and investor optimism about outsized growth over the next few years. Why Broadcom’s AI Growth Is Different
• Positive Sentiment: Broadcom appears on multiple “top AI” stock lists and bullish writeups (Fool coverage), which can attract momentum flows into AVGO as investors rotate toward AI/hardware names. Here Are My Top 10 Artificial Intelligence (AI) Stocks for 2026
• Neutral Sentiment: Short interest fell materially in late December (55.1M shares, ~1.2% of float; days‑to‑cover ~1.3), which reduces near‑term squeeze risk; however, a separately reported January figure showing “0 shares” appears to be a data error and should be treated cautiously by investors.
• Neutral Sentiment: Market headlines noting AVGO’s intraday rise are circulating (coverage from Zacks/market summaries), amplifying momentum but not adding new fundamental information. Broadcom Inc. (AVGO) Rises Higher Than Market: Key Facts
• Negative Sentiment: Insider selling: Broadcom’s CEO reported a ~$24.3M stock sale and another insider sold ~$10.4M — these sizable disposals can be read as a near‑term negative signal for sentiment and may temper some investor enthusiasm. Insider Selling: Broadcom CEO Sells $24,311,000 Insider Selling: Broadcom Insider Sells $10,413,600

Broadcom Stock Up 2.1%

Broadcom stock opened at $352.21 on Tuesday. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. The firm has a 50 day moving average price of $359.52 and a 200-day moving average price of $331.97. The company has a market capitalization of $1.67 trillion, a P/E ratio of 73.99, a P/E/G ratio of 1.17 and a beta of 1.21. 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 (NASDAQ:AVGO) last posted its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS 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 company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the previous year, the firm posted $1.42 EPS. Broadcom’s revenue was up 28.2% on a year-over-year basis. As a group, equities analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, December 22nd. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio is currently 54.62%.

Insider Buying and Selling

In other news, insider Charlie B. Kawwas sold 1,928 shares of Broadcom stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.80, for a total value of $631,998.40. Following the completion of the transaction, the insider owned 23,582 shares in the company, valued at $7,730,179.60. This trade represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the completion of the sale, the chief financial officer directly owned 277,237 shares in the company, valued at approximately $96,428,573.34. This trade represents a 9.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 779,901 shares of company stock worth $284,069,237 in the last quarter. 2.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AVGO. Rosenblatt Securities upped their price target on Broadcom from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 target price on shares of Broadcom in a research note on Monday, January 5th. Sanford C. Bernstein reissued an “outperform” rating and set a $475.00 price target (up from $400.00) on shares of Broadcom in a research report on Friday, December 12th. Piper Sandler reaffirmed an “overweight” rating and issued a $430.00 price objective (up from $375.00) on shares of Broadcom in a research report on Friday, December 12th. Finally, TD Cowen increased their price objective on shares of Broadcom from $405.00 to $450.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Three 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $438.00.

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.