Rep. Gilbert Ray Cisneros, Jr. Buys Broadcom Inc. (NASDAQ:AVGO) Shares

Posted by Paula Ricardo on Dec 19th, 2025

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Broadcom stock on November 18th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.

Broadcom Stock Up 3.2%

NASDAQ AVGO traded up $10.48 on Friday, hitting $340.36. 158,617,770 shares of the company were exchanged, compared to its average volume of 26,919,734. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. The company has a market cap of $1.61 trillion, a PE ratio of 71.50, a PEG ratio of 1.09 and a beta of 1.19. The stock has a fifty day moving average of $362.66 and a 200-day moving average of $320.02. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $414.61.

Broadcom (NASDAQ:AVGO – Get Free Report) last announced its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.08. The firm had revenue of $18.02 billion for the quarter, compared to analyst estimates of $17.46 billion. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The business’s quarterly revenue was up 28.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.42 earnings per share. As a group, analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, December 22nd. This is a boost from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio is presently 54.62%.

Hedge Funds Weigh In On Broadcom

A number of hedge funds and other institutional investors have recently modified their holdings of AVGO. Sawyer & Company Inc boosted its holdings in shares of Broadcom by 62.1% in the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 36 shares during the last quarter. Longfellow Investment Management Co. LLC bought a new stake in Broadcom in the second quarter worth about $27,000. Legend Financial Advisors Inc. purchased a new position in Broadcom in the second quarter valued at about $28,000. Teachers Insurance & Annuity Association of America bought a new position in shares of Broadcom during the 2nd quarter valued at approximately $28,000. Finally, LGT Financial Advisors LLC bought a new stake in shares of Broadcom in the 2nd quarter worth approximately $31,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Piper Sandler reiterated an “overweight” rating and issued a $430.00 price target (up previously from $375.00) on shares of Broadcom in a report on Friday, December 12th. Truist Financial lifted their price target on shares of Broadcom from $500.00 to $510.00 and gave the company a “buy” rating in a research report on Friday. Evercore ISI upped their price objective on shares of Broadcom from $342.00 to $403.00 and gave the stock an “outperform” rating in a report on Wednesday, October 15th. Wall Street Zen upgraded shares of Broadcom from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Finally, UBS Group set a $475.00 price target on shares of Broadcom and gave the company a “buy” rating in a research report on Monday. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Broadcom has an average rating of “Buy” and an average target price of $436.33.

Check Out Our Latest Stock Analysis on AVGO

Insider Buying and Selling at Broadcom

In other Broadcom news, insider Mark David Brazeal sold 24,527 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $340.91, for a total value of $8,361,499.57. Following the completion of the sale, the insider directly owned 304,775 shares of the company’s stock, valued at $103,900,845.25. This trade represents a 7.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Kirsten M. Spears sold 3,714 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $327.79, for a total value of $1,217,412.06. Following the transaction, the chief financial officer directly owned 307,237 shares in the company, valued at $100,709,216.23. This represents a 1.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 825,296 shares of company stock valued at $299,151,975 in the last quarter. Insiders own 2.00% of the company’s stock.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Major analyst upgrades and higher targets — Truist raised its price target to $510 and multiple banks lifted targets after the quarter, giving the stock material upside vs. current levels. Truist raises AVGO target to $510
Positive Sentiment: High-profile bullish commentary — Jim Cramer and other Wall Street commentators have signaled they’re not worried and are constructive on Broadcom’s AI positioning, supporting near-term buying interest. Cramer: not that worried about Broadcom
Positive Sentiment: Quarterly results and AI revenue guidance boosted confidence — Broadcom reported stronger-than-expected revenue and flagged substantial AI-related demand (analysts/publications highlight multi-billion AI revenue potential and backlog). Broadcom posts blockbuster results, AI revenue forecast
Positive Sentiment: Dividend increase — Broadcom boosted its quarterly dividend ~10% (to $0.65), which can attract income-oriented and long-term shareholders. Dividend up 10%
Positive Sentiment: Unusual call buying — Traders purchased roughly 323,615 call options on Friday (about +11% vs. average), indicating aggressive bullish positioning into or after the news. (options volume report)
Neutral Sentiment: Valuation and DCF work — Independent DCF/intrinsic-value models are being published this week; they provide longer-term context but are unlikely to drive intraday moves. DCF on Broadcom
Negative Sentiment: Insider selling — Multiple insiders (including Charlie Kawwas, Mark Brazeal and the CFO) disclosed sales of stock in mid-December, which can be interpreted as a modest negative signal to some investors. Insider selling filings
Negative Sentiment: Large recent sell-off and margin concerns — AVGO plunged roughly 20% from pre-earnings levels amid broader AI/tech volatility and some reported margin worries; that recent volatility is the primary reason for elevated risk despite bullish analyst targets. MarketBeat: 20% sell-off vs analyst optimism
Negative Sentiment: Analyst note on margin/slump risk — Some coverage highlights margin sensitivity even with booming AI demand; that keeps downside risk if execution or pricing pressures emerge. Zacks: margin concerns

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Broadcom Company Profile

(Get Free Report)

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.