Broadcom Inc. $AVGO Position Decreased by ABN Amro Investment Solutions

ABN Amro Investment Solutions trimmed its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 29.2% during the third quarter, HoldingsChannel reports. The fund owned 368,177 shares of the semiconductor manufacturer’s stock after selling 152,151 shares during the quarter. Broadcom comprises 2.5% of ABN Amro Investment Solutions’ holdings, making the stock its 6th biggest position. ABN Amro Investment Solutions’ holdings in Broadcom were worth $121,465,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AVGO. Riverstone Advisors LLC boosted its holdings in Broadcom by 0.8% in the 3rd quarter. Riverstone Advisors LLC now owns 19,234 shares of the semiconductor manufacturer’s stock valued at $6,345,000 after purchasing an additional 160 shares in the last quarter. Uniting Wealth Partners LLC raised its stake in shares of Broadcom by 256.1% during the 3rd quarter. Uniting Wealth Partners LLC now owns 5,413 shares of the semiconductor manufacturer’s stock worth $1,786,000 after buying an additional 3,893 shares in the last quarter. NorthStar Asset Management LLC NJ lifted its holdings in shares of Broadcom by 2.8% in the 3rd quarter. NorthStar Asset Management LLC NJ now owns 2,997 shares of the semiconductor manufacturer’s stock valued at $989,000 after buying an additional 81 shares during the period. Weil Company Inc. boosted its stake in shares of Broadcom by 1.2% in the third quarter. Weil Company Inc. now owns 2,955 shares of the semiconductor manufacturer’s stock valued at $975,000 after buying an additional 35 shares in the last quarter. Finally, Berkshire Asset Management LLC PA grew its holdings in Broadcom by 2.5% during the third quarter. Berkshire Asset Management LLC PA now owns 20,347 shares of the semiconductor manufacturer’s stock worth $6,713,000 after acquiring an additional 497 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on AVGO shares. Citigroup reissued a “buy” rating and issued a $458.00 target price (down previously from $480.00) on shares of Broadcom in a report on Tuesday. JPMorgan Chase & Co. raised their price objective 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. The Goldman Sachs Group reissued a “buy” rating and set a $450.00 price objective on shares of Broadcom in a report on Monday, January 5th. DA Davidson raised shares of Broadcom to a “hold” rating in a report on Friday, February 13th. Finally, Wall Street Zen raised Broadcom from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $433.13.

Broadcom Stock Up 2.3%

Shares of NASDAQ AVGO opened at $332.54 on Wednesday. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61. The company has a market capitalization of $1.58 trillion, a PE ratio of 69.86, a price-to-earnings-growth ratio of 1.05 and a beta of 1.21. 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 firm’s 50-day moving average is $340.88 and its two-hundred day moving average is $341.32.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data 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 business had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same period last year, the company posted $1.42 EPS. The company’s revenue was up 28.2% on a year-over-year basis. Equities analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal 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 issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, December 22nd. Broadcom’s payout ratio is presently 54.62%.

Insiders Place Their Bets

In related news, insider Charlie B. Kawwas sold 1,928 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $327.80, for a total transaction of $631,998.40. Following the sale, the insider owned 23,582 shares of the company’s stock, valued at $7,730,179.60. This trade represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Hock E. Tan sold 70,000 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $347.30, for a total transaction of $24,311,000.00. Following the completion of the transaction, the chief executive officer directly owned 132,836 shares of the company’s stock, valued at $46,133,942.80. The trade was a 34.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 779,101 shares of company stock valued at $283,804,325. Insiders own 2.00% of the company’s stock.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Wall Street note sees upside — some brokers argue the recent selloff creates a buying opportunity and project roughly ~29% upside as AI/data‑center tailwinds reassert. Read More.
• Positive Sentiment: Product catalyst: Broadcom launched Wi‑Fi 8 positioned for “AI‑ready” enterprise upgrades — a favorable development for recurring enterprise networking revenue exposure. Read More.
• Positive Sentiment: Analyst consensus is bullish — surveys show a “Buy” consensus on AVGO, supporting investor confidence. Read More.
• Neutral Sentiment: Market breadth lift — Broadcom is benefiting from a broader Nasdaq advance and rotation into AI/large‑cap tech names today, which can amplify price moves independent of company‑specific news. Read More.
• Neutral Sentiment: Valuation review pieces note that recent pullback and AI momentum make AVGO worth reassessing — these analyses outline upside if growth sustains but stop short of new convictions. Read More.
• Neutral Sentiment: Dividend/ETF coverage mentions Broadcom as a tech income play in some dividend ETF discussions — supportive for longer‑term holders but not an immediate price driver. Read More.
• Neutral Sentiment: Short‑interest reports in the feed show anomalous zero/NaN values for February — data looks unreliable and shouldn’t be interpreted as a material shift in positioning. (Data entries 2/16–2/17)
• Negative Sentiment: Valuation concerns remain — some coverage explicitly acknowledges Broadcom’s AI relevance but warns the stock trades at a premium that could limit near‑term upside. Read More.
• Negative Sentiment: Peer comparison headwind — analyst pieces comparing NVDA vs AVGO favor NVIDIA on valuation and data‑center dominance, which could divert incremental AI multiple expansion away from Broadcom. Read More.

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.