Permanent Capital Management LP Invests $1.14 Million in Broadcom Inc. $AVGO

Permanent Capital Management LP acquired a new stake in shares of Broadcom Inc. (NASDAQ:AVGO) during the 3rd quarter, Holdings Channel reports. The fund acquired 3,443 shares of the semiconductor manufacturer’s stock, valued at approximately $1,136,000.

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

Insider Buying and Selling

In other Broadcom news, CFO Kirsten M. Spears sold 3,714 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.79, for a total transaction of $1,217,412.06. Following the completion of the transaction, the chief financial officer owned 307,237 shares in the company, valued at $100,709,216.23. This trade represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Harry L. You bought 1,000 shares of Broadcom stock in a transaction dated Thursday, December 18th. The stock was acquired at an average price of $325.13 per share, with a total value of $325,130.00. Following the purchase, the director directly owned 36,602 shares of the company’s stock, valued at approximately $11,900,408.26. This represents a 2.81% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 650,701 shares of company stock worth $239,190,157 in the last quarter. 2.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Raymond James Financial set a $420.00 target price on shares of Broadcom and gave the company an “outperform” rating in a report on Thursday, November 20th. Barclays reissued an “overweight” rating and set a $500.00 price objective (up from $450.00) on shares of Broadcom in a research note on Friday, December 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a research report on Monday. TD Cowen lifted their target price on Broadcom from $405.00 to $450.00 and gave the company a “buy” rating in a report on Friday, December 12th. Finally, Mizuho upped their price target on Broadcom from $435.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Broadcom presently has a consensus rating of “Buy” and a consensus target price of $436.33.

Broadcom Stock Down 1.1%

AVGO opened at $346.10 on Friday. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. The company’s 50-day moving average price is $363.03 and its two-hundred day moving average price is $326.65. The stock has a market cap of $1.64 trillion, a price-to-earnings ratio of 72.71, a PEG ratio of 1.18 and a beta of 1.21. 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 posted its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 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 company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the previous year, the firm posted $1.42 EPS. Broadcom’s revenue was up 28.2% on a year-over-year basis. As a group, equities analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current 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 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 a positive change from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio is currently 54.62%.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is benefiting from outsized AI/data‑center demand; its custom AI accelerators are gaining customers (report cites Anthropic placing very large orders), supporting revenue visibility for 2026. This Super Semiconductor Stock Crushed Nvidia in 2025
• Positive Sentiment: Macro/sector pieces argue NVIDIA’s current demand is a follow‑on opportunity for Broadcom (networking, switches, interconnect), reinforcing the company’s long‑term TAM exposure to hyperscaler AI buildouts. Bristol Gate US equity strategy
• Positive Sentiment: Industry performance and prior quarter results (strong revenue beat, high margins, recent dividend raise) underpin analyst bullishness and higher price targets, which can support the stock despite short‑term noise. MarketBeat AVGO profile
• Neutral Sentiment: Market commentary highlights tech stocks attempting a New‑Year rally; sentiment is mixed and broad market moves may drive short‑term AVGO volatility rather than company‑specific news. NVDA, INTC and AVGO Forecast
• Neutral Sentiment: A comparative/small‑cap contrast piece mentions Broadcom but offers little incremental company‑specific catalyst — useful context but limited market impact. Contrasting Broadcom & Sono-Tek
• Negative Sentiment: Large insider selling: CEO Hock E. Tan and other executives have sold material positions (including a recent ~$34.6M reported sale and a 100,000‑share filing), which is weighing on sentiment and can pressure the stock even if some sales are for tax/diversification. Hock E Tan Takes Money Off The Table
• Negative Sentiment: Coverage noting Broadcom’s AI momentum also flags margin and competitive risks; post‑earnings questions about non‑AI guidance and gross margins continue to cap near‑term upside. Broadcom’s AI Momentum Vs. Margin Risks
• Negative Sentiment: Forbes and other analysts raise the possibility of a pullback — framing the debate over valuation (high P/E) and near‑term execution risks, which can reinforce selling pressure. Is Broadcom Stock Going To Weaken?

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.