Broadcom Inc. $AVGO Shares Sold by Arcadia Investment Management Corp MI

Arcadia Investment Management Corp MI lessened its holdings in Broadcom Inc. (NASDAQ:AVGO) by 3.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 143,771 shares of the semiconductor manufacturer’s stock after selling 4,894 shares during the quarter. Broadcom makes up about 7.3% of Arcadia Investment Management Corp MI’s holdings, making the stock its largest position. Arcadia Investment Management Corp MI’s holdings in Broadcom were worth $47,432,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC acquired a new stake in shares of Broadcom in the second quarter valued at approximately $27,000. Legend Financial Advisors Inc. purchased a new position in Broadcom during the 2nd quarter worth $28,000. Teachers Insurance & Annuity Association of America acquired a new position in Broadcom in the second quarter valued at $28,000. LGT Financial Advisors LLC acquired a new position in Broadcom in the second quarter valued at $31,000. Finally, New England Capital Financial Advisors LLC purchased a new stake in shares of Broadcom in the second quarter valued at about $31,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on AVGO shares. Deutsche Bank Aktiengesellschaft set a $430.00 price target on Broadcom and gave the stock a “buy” rating in a report on Friday, December 12th. Royal Bank Of Canada initiated coverage on Broadcom in a research report on Wednesday, January 14th. They set a “sector perform” rating and a $370.00 price objective for the company. Oppenheimer lifted their target price on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Mizuho set a $480.00 price target on Broadcom and gave the stock an “outperform” rating in a research note on Friday, January 9th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $500.00 price target (up from $460.00) on shares of Broadcom in a report on Friday, December 12th. Three investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $438.61.

Broadcom Stock Up 2.5%

AVGO opened at $351.71 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $414.61. The stock has a market capitalization of $1.67 trillion, a P/E ratio of 73.89, a P/E/G ratio of 1.17 and a beta of 1.21. The business has a 50 day simple moving average of $358.85 and a 200-day simple moving average of $334.69.

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 the consensus estimate of $1.87 by $0.08. The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.Broadcom’s revenue was up 28.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.42 earnings per share. On average, equities analysts anticipate 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. Investors of record on Monday, December 22nd were issued a dividend of $0.65 per share. This is an increase from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, December 22nd. Broadcom’s payout ratio is presently 54.62%.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Citi raised its outlook for Broadcom, citing accelerating AI sales and a $480 price target, reinforcing upside expectations for AVGO. Citi Bullish on Broadcom (AVGO) as Accelerating AI Sales Drive $480 PT
• Positive Sentiment: Wells Fargo upgraded Broadcom to Overweight and flagged stronger 2026 catalysts, adding fresh buy‑side momentum. Wells Fargo Upgrades Broadcom Inc. (AVGO) to Overweight From Equal Weight
• Positive Sentiment: Multiple outlets note broad analyst bullishness on AVGO tied to strong demand for AI chips and the company’s leading market position, supporting consensus upgrades and higher targets. Analysts Bullish on Broadcom (AVGO) Amid Strong AI Chip Outlook
• Positive Sentiment: Sector theme: Zacks and others call Broadcom a “quantum enabler” and position AVGO to benefit from enterprise spending and post‑quantum security demand into 2026. Quantum Enablers Set for 2026 Breakout: AMD, AVGO, TER in Focus
• Positive Sentiment: Analyst pieces and investor commentary (Seeking Alpha, Fool) emphasize Broadcom’s positioning for the next phase of AI infrastructure buildout, reinforcing the long‑term growth narrative. Broadcom Is Built For The Next Phase Of The AI Buildout
• Neutral Sentiment: Street summaries show mixed datapoints: some firms reiterate Buy ratings while one report noted a lower legacy price target from Jefferies, creating both supportive and cautionary signals. What Does the Street Think About Broadcom Inc. (AVGO)?
• Negative Sentiment: Hedge fund veteran Stanley Druckenmiller reportedly sold Broadcom to rotate into another high‑momentum AI name, a headline that can feed short‑term profit‑taking despite the broader buy‑side interest. Stanley Druckenmiller dumps Broadcom for an AI rocket stock up 1,000% since 2025

Insider Activity at Broadcom

In other Broadcom news, CEO Hock E. Tan sold 130,000 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $326.02, for a total transaction of $42,382,600.00. Following the completion of the transaction, the chief executive officer owned 595,638 shares of the company’s stock, valued at approximately $194,189,900.76. This trade represents a 17.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total value of $10,434,600.00. Following the completion of the transaction, the chief financial officer directly owned 277,237 shares of the company’s stock, valued at approximately $96,428,573.34. This trade represents a 9.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 779,901 shares of company stock valued at $284,069,237. 2.00% of the stock is owned by corporate insiders.

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.