Everhart Financial Group Inc. Buys 1,643 Shares of Broadcom Inc. $AVGO

Everhart Financial Group Inc. boosted its stake in Broadcom Inc. (NASDAQ:AVGO) by 5.6% in the third quarter, HoldingsChannel reports. The firm owned 31,037 shares of the semiconductor manufacturer’s stock after buying an additional 1,643 shares during the period. Broadcom makes up about 1.0% of Everhart Financial Group Inc.’s portfolio, making the stock its 15th largest position. Everhart Financial Group Inc.’s holdings in Broadcom were worth $10,239,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. KeyCorp restated an “overweight” rating and issued a $500.00 target price (up previously from $460.00) on shares of Broadcom in a report on Friday, December 12th. Robert W. Baird set a $420.00 price objective on Broadcom in a research note on Friday, December 12th. Benchmark lifted their target price on Broadcom from $385.00 to $485.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Bank of America increased their price target on Broadcom from $460.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Broadcom in a research note on Monday, December 29th. Three research 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 company’s stock. According to MarketBeat.com, Broadcom has an average rating of “Buy” and an average target price of $437.28.

Insider Activity at Broadcom

In related news, insider Charlie B. Kawwas sold 1,928 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $327.80, for a total value of $631,998.40. Following the transaction, the insider owned 23,582 shares in the company, valued at approximately $7,730,179.60. This 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 accessible through this link. Also, CFO Kirsten M. Spears sold 30,000 shares of the stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total value of $10,434,600.00. Following 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 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 over the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Broadcom Trading Up 0.8%

Shares of Broadcom stock opened at $310.51 on Friday. The firm has a market cap of $1.47 trillion, a PE ratio of 65.23, a P/E/G ratio of 0.99 and a beta of 1.21. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. The stock has a fifty day moving average price of $350.00 and a 200-day moving average price of $338.20.

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, 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 the consensus estimate of $17.46 billion. During the same period in the previous year, the firm earned $1.42 EPS. The firm’s quarterly revenue was up 28.2% on a year-over-year basis. Equities research analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The business 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 0.8%. The ex-dividend date was Monday, December 22nd. This is an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio (DPR) is 54.62%.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Hyperscaler AI capex ramp — Strong capital‑expenditure guidance from Alphabet and Meta increases expected demand for Broadcom’s custom AI chips and datacenter silicon, supporting revenue outlook for 2026 and beyond. Recent coverage highlights this direct linkage as a primary bullish catalyst. Alphabet’s AI Spending Story
• Positive Sentiment: Analyst upgrade — Zacks moved AVGO from “hold” to “strong‑buy,” a near‑term catalyst that can attract momentum money and validate the upside case for investors. Zacks Upgrade
• Positive Sentiment: Product and partnership momentum — Broadcom announced enterprise Wi‑Fi 8 access point and switch solutions and continues to be cited as a co‑developer of hyperscaler accelerators (TPUs/MTIA), reinforcing its role in the AI supply chain. Wi‑Fi 8 Product Announcement
• Neutral Sentiment: Analyst/peer context — Several pieces compare AVGO to semiconductor peers and re‑rate targets; these provide useful valuation context but don’t change the core demand story. Investors should watch forward EPS/PE multiples in these reports. Peer Comparison
• Neutral Sentiment: Media commentary — High‑profile bullish commentary (e.g., Jim Cramer) supports sentiment but includes caveats about timing; market‑wide volatility may mute immediate follow‑through. Cramer Commentary
• Negative Sentiment: Recent share pullback and volatility — AVGO has declined meaningfully from its recent highs (including a sharp intraday drop reported by some outlets), reflecting profit‑taking, rotational flows out of growth tech and stretched valuation concerns after last year’s surge. Recent Pullback Coverage
• Negative Sentiment: Mixed market backdrop — Futures and sector rotation headlines are creating two‑way trading; broader tech profit‑taking can pressure AVGO even if company‑specific fundamentals remain strong. Market Futures

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.