Broadcom Inc. $AVGO Shares Sold by SYM FINANCIAL Corp

SYM FINANCIAL Corp cut its position in Broadcom Inc. (NASDAQ:AVGO) by 16.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,904 shares of the semiconductor manufacturer’s stock after selling 2,752 shares during the quarter. Broadcom accounts for 0.5% of SYM FINANCIAL Corp’s portfolio, making the stock its 20th largest position. SYM FINANCIAL Corp’s holdings in Broadcom were worth $4,587,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in AVGO. Vanguard Group Inc. boosted its holdings in Broadcom by 1.3% in the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock valued at $133,261,046,000 after purchasing an additional 6,222,802 shares during the last quarter. State Street Corp raised its position in shares of Broadcom by 0.5% in the 2nd quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock valued at $51,071,601,000 after purchasing an additional 873,963 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Broadcom by 2.1% in the 2nd quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock valued at $29,827,649,000 after purchasing an additional 2,226,585 shares in the last quarter. Norges Bank purchased a new position in shares of Broadcom during the 2nd quarter valued at approximately $18,579,549,000. Finally, Invesco Ltd. grew its position in shares of Broadcom by 8.4% during the second quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock worth $10,598,641,000 after buying an additional 2,978,768 shares in the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Large Google AI capex boost lifts demand outlook for AI chips and infrastructure suppliers, benefiting Broadcom as a provider of networking, custom silicon and AI‑inference infrastructure. This was highlighted after Google’s earnings and guidance. Broadcom, Nvidia shares rise on surging Google capital expenditures for AI
• Positive Sentiment: An analyst raised their price target on Broadcom, reflecting stronger conviction in multi‑year AI and networking seculars; analyst upgrades/targets can support the stock and attract buyers. Why this analyst just raised their price target on Broadcom stock
• Positive Sentiment: Broadcom is being cited as a top compute/AI semiconductor play amid rising AI demand — a narrative that supports higher long‑term revenue and valuation expansion if the AI capex cycle persists. Broadcom (AVGO) Cited As Top Compute Stock Amid Strong AI Semiconductor Demand
• Positive Sentiment: Product news: Broadcom announced an enterprise Wi‑Fi 8 access point + switch solution positioned for AI workloads — expands addressable market in AI‑ready infrastructure and supports revenue diversification. Broadcom announces industry’s first enterprise Wi-Fi 8 access point and switch solution for the AI era
• Positive Sentiment: Several bullish research/commentary pieces (including projections of significant upside and inclusion on “top stocks” lists) keep the long‑term investor narrative constructive. These notes can underpin buying after pullbacks. Wall Street Projects 38% Upside To Broadcom Inc. (AVGO)
• Neutral Sentiment: Jim Cramer called Broadcom “a winner in this environment” but warned it may not be the best timing to buy — reinforces that the company has strong fundamentals while signaling some caution on short‑term entry points. Jim Cramer on Broadcom
• Neutral Sentiment: Analyst/market commentary asking whether the recent pullback is a buying opportunity — useful for timing decisions but not new company fundamentals. Is It Time To Reassess Broadcom (AVGO) After Its Recent Share Price Pullback?
• Negative Sentiment: Short‑term selling and a reported ~6% intraday plunge drove today’s downward move — articles questioning whether the AI trade is cracking reflect investor profit‑taking and volatility in high‑beta AI/semiconductor names. Broadcom stock plunges 6% today
• Negative Sentiment: Fresh headlines noting a larger than‑market daily decline and elevated intraday volume emphasize near‑term risk and may trigger momentum selling or options‑driven moves. Broadcom Inc. (AVGO) Declines More Than Market

Insider Buying and Selling

In other news, CEO Hock E. Tan sold 130,000 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were 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 in the company, valued at approximately $194,189,900.76. This represents a 17.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark David Brazeal sold 38,281 shares of the stock in a transaction dated 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 completion of the sale, the insider directly owned 266,494 shares in the company, valued at approximately $87,316,759.10. This trade represents a 12.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 779,901 shares of company stock valued at $284,069,237 in the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on AVGO. Wolfe Research raised shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price target on the stock in a report on Friday, January 30th. Barclays reissued an “overweight” rating and issued a $500.00 target price (up previously from $450.00) on shares of Broadcom in a research report on Friday, December 12th. JPMorgan Chase & Co. upped their target price on shares of Broadcom from $400.00 to $475.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. Robert W. Baird set a $420.00 price target on Broadcom in a research note on Friday, December 12th. Finally, Rosenblatt Securities boosted their price objective on Broadcom from $400.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $437.28.

Broadcom Trading Down 3.8%

NASDAQ AVGO opened at $308.05 on Thursday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The company has a 50-day simple moving average of $351.74 and a 200-day simple moving average of $338.39. The firm has a market capitalization of $1.46 trillion, a PE ratio of 64.72, a price-to-earnings-growth ratio of 1.03 and a beta of 1.21.

Broadcom (NASDAQ:AVGO) last issued its earnings results 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. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The firm had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter last year, the company posted $1.42 earnings per share. Broadcom’s revenue was up 28.2% on a year-over-year basis. On average, equities analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current 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 given a dividend of $0.65 per share. The ex-dividend date was Monday, December 22nd. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. This is an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s payout ratio is presently 54.62%.

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.