Broadcom Inc. $AVGO Shares Sold by Moran Wealth Management LLC

Moran Wealth Management LLC cut its position in Broadcom Inc. (NASDAQ:AVGO) by 16.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 228,189 shares of the semiconductor manufacturer’s stock after selling 46,145 shares during the quarter. Broadcom comprises about 2.3% of Moran Wealth Management LLC’s portfolio, making the stock its biggest holding. Moran Wealth Management LLC’s holdings in Broadcom were worth $75,282,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AVGO. Sawyer & Company Inc grew 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 acquiring an additional 36 shares in the last quarter. Longfellow Investment Management Co. LLC bought a new stake in Broadcom in the 2nd quarter valued at about $27,000. Legend Financial Advisors Inc. acquired a new position in shares of Broadcom during the 2nd quarter worth approximately $28,000. Teachers Insurance & Annuity Association of America bought a new position in shares of Broadcom during the second quarter worth approximately $28,000. Finally, LGT Financial Advisors LLC acquired a new stake in shares of Broadcom in the second quarter valued at approximately $31,000. Institutional investors own 76.43% of the company’s stock.

Trending Headlines about Broadcom

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AVGO. Macquarie assumed coverage on Broadcom in a research report on Monday, September 15th. They set an “outperform” rating and a $420.00 price target on the stock. Susquehanna reissued a “positive” rating and set a $450.00 target price (up from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Robert W. Baird set a $420.00 price target on Broadcom in a research note on Friday, December 12th. Cowen reaffirmed a “buy” rating on shares of Broadcom in a research report on Friday, December 12th. Finally, Oppenheimer raised their target price on shares of Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Three equities research 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. According to MarketBeat.com, Broadcom presently has an average rating of “Buy” and a consensus price target of $438.00.

Insider Activity at Broadcom

In other news, Director Harry L. You purchased 1,000 shares of Broadcom stock in a transaction dated 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 completion of the acquisition, the director owned 36,602 shares in the company, valued at approximately $11,900,408.26. This trade represents a 2.81% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark David Brazeal sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total value of $10,413,600.00. Following the completion of the transaction, the insider directly owned 210,573 shares of the company’s stock, valued at $73,094,099.76. This represents a 12.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 779,901 shares of company stock worth $284,069,237 over the last 90 days. 2.00% of the stock is currently owned by company insiders.

Broadcom Stock Up 2.1%

AVGO stock opened at $352.21 on Tuesday. The firm has a 50-day moving average price of $359.52 and a 200-day moving average price of $331.97. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $414.61. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $1.67 trillion, a P/E ratio of 73.99, a price-to-earnings-growth ratio of 1.17 and a beta of 1.21.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.08. The business had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The firm’s quarterly revenue was up 28.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.42 EPS. As a group, equities research analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal 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 $0.65 dividend. This represents a $2.60 dividend on an annualized basis 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%.

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.