Broadcom Inc. $AVGO Position Increased by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. lifted its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 25.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,883 shares of the semiconductor manufacturer’s stock after buying an additional 11,017 shares during the quarter. Broadcom makes up about 2.3% of EFG Asset Management North America Corp.’s investment portfolio, making the stock its 4th largest holding. EFG Asset Management North America Corp.’s holdings in Broadcom were worth $18,095,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Longfellow Investment Management Co. LLC acquired a new position in shares of Broadcom in the 2nd quarter worth approximately $27,000. Teachers Insurance & Annuity Association of America bought a new position in Broadcom during the second quarter worth $28,000. LGT Financial Advisors LLC acquired a new position in Broadcom in the second quarter worth $31,000. New England Capital Financial Advisors LLC bought a new stake in Broadcom during the second quarter valued at $31,000. Finally, JCIC Asset Management Inc. acquired a new stake in shares of Broadcom during the third quarter worth $31,000. Institutional investors own 76.43% of the company’s stock.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Hyperscalers are boosting AI capex and need networking and infrastructure to support GPU clusters — this strengthens demand for Broadcom’s switches, interconnects, and custom ASICs. Why Wall Street Is Betting Big on This Artificial Intelligence (AI) Infrastructure Stock
• Positive Sentiment: Bank of America and other sell‑side support: recent notes reiterating Buy ratings and price‑target upside reinforce institutional confidence and can sustain buying interest. Wall Street Projects 38% Upside To Broadcom Inc. (AVGO)
• Positive Sentiment: Industry research and analyst upgrades highlight market‑share gains in AI server ASIC design — supports long‑term revenue growth if Broadcom remains the preferred partner for hyperscalers. Broadcom Inc. (AVGO) Strengthens AI and Semiconductor Leadership with Analyst Upgrades and Market Share Gains
• Positive Sentiment: Dividend signal: Broadcom will pay a March dividend, which supports total‑return appeal for income‑focused investors. This Nvidia rival to pay 2026’s first dividend in March; Here’s how much 100 shares will earn
• Neutral Sentiment: Valuation and competition comparisons (Broadcom vs. Nvidia/AMD) are being widely debated — useful context but mixed implications depending on adoption of custom chips vs. GPUs. Better Artificial Intelligence (AI) Stock: Broadcom vs. Nvidia
• Neutral Sentiment: Macro/flow note: rotation into equal‑weight ETFs has affected tech leadership; AVGO’s performance will partly track broader tech sentiment and the Magnificent Seven dynamics. How Long Can Equal-Weighted ETFs Keep Outperforming the S&P 500? (AVGO)
• Negative Sentiment: Share pullback: AVGO has dropped roughly ~20% from its highs — raises short‑term risk and gives some investors a buying opportunity, but reflects profit‑taking/valuation concerns. Why This AI Stock’s Recent Pullback Could Be a Gift for Long-Term Investors
• Negative Sentiment: Competitive/critique pieces note Broadcom’s chips are testing but haven’t unseated Nvidia’s dominance and some analysts remain skeptical about the full investment case. Buzz about Broadcom’s custom chips is testing, but not breaking Nvidia’s dominance
• Negative Sentiment: Mixed media/critic commentary and technicals: some high‑profile commentators are cautious and the stock sits below its 50‑day moving average, indicating short‑term technical pressure. Broadcom’s AI Success Is Undeniable – The Investment Case Is Not

Broadcom Trading Up 0.2%

Shares of AVGO stock opened at $331.30 on Monday. The stock has a 50-day simple moving average of $355.76 and a 200 day simple moving average of $338.03. The stock has a market capitalization of $1.57 trillion, a P/E ratio of 69.60, a P/E/G ratio of 1.10 and a beta of 1.21. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. 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 issued its quarterly 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 during the quarter, compared to the consensus estimate of $17.46 billion. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. Broadcom’s revenue was up 28.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.42 EPS. On average, sell-side analysts expect that Broadcom Inc. will post 5.38 earnings per share 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 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 dividend yield of 0.8%. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio (DPR) is presently 54.62%.

Insider Buying and Selling at Broadcom

In related news, CFO Kirsten M. Spears sold 30,000 shares of the stock in a transaction dated 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 sale, the chief financial officer directly owned 277,237 shares of the company’s stock, valued at approximately $96,428,573.34. This represents a 9.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Hock E. Tan sold 70,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total value of $24,311,000.00. Following the sale, the chief executive officer owned 132,836 shares of the company’s stock, valued at $46,133,942.80. The trade was a 34.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 779,901 shares of company stock valued at $284,069,237 over the last three months. 2.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on AVGO shares. Royal Bank Of Canada started coverage on Broadcom in a report on Wednesday, January 14th. They issued a “sector perform” rating and a $370.00 price target on the stock. Sanford C. Bernstein reiterated an “outperform” rating and issued a $475.00 target price (up from $400.00) on shares of Broadcom in a research note on Friday, December 12th. Robert W. Baird set a $420.00 price target on shares of Broadcom in a research report on Friday, December 12th. Mizuho set a $480.00 price objective on shares of Broadcom and gave the company an “outperform” rating in a research report on Friday, January 9th. Finally, Benchmark upped their target price on shares of Broadcom from $385.00 to $485.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Broadcom presently has a consensus rating of “Buy” and an average target price of $437.28.

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.