RWQ Financial Management Services Inc. Sells 2,187 Shares of Broadcom Inc. $AVGO

RWQ Financial Management Services Inc. trimmed its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 5.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,173 shares of the semiconductor manufacturer’s stock after selling 2,187 shares during the period. Broadcom comprises 5.6% of RWQ Financial Management Services Inc.’s investment portfolio, making the stock its 8th biggest holding. RWQ Financial Management Services Inc.’s holdings in Broadcom were worth $12,924,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Norges Bank acquired a new stake in Broadcom in the second quarter valued at $18,579,549,000. Vanguard Group Inc. increased its holdings in shares of Broadcom by 1.3% in the 2nd 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 in the last quarter. Edgewood Management LLC purchased a new position in shares of Broadcom in the 2nd quarter valued at about $1,571,438,000. Massachusetts Financial Services Co. MA lifted its stake in shares of Broadcom by 115.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,017,340 shares of the semiconductor manufacturer’s stock valued at $1,658,680,000 after purchasing an additional 3,224,739 shares during the period. Finally, Assenagon Asset Management S.A. boosted its holdings in Broadcom by 272.8% during the second quarter. Assenagon Asset Management S.A. now owns 4,189,531 shares of the semiconductor manufacturer’s stock worth $1,154,844,000 after buying an additional 3,065,809 shares in the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on AVGO. Macquarie started coverage on shares of Broadcom in a report on Monday, September 15th. They issued an “outperform” rating and a $420.00 target price for the company. Raymond James Financial set a $420.00 price objective on Broadcom and gave the company an “outperform” rating in a research note on Thursday, November 20th. Citigroup reaffirmed a “buy” rating and set a $480.00 price objective (up from $415.00) on shares of Broadcom in a report on Friday, December 12th. Cowen reissued a “buy” rating on shares of Broadcom in a report on Friday, December 12th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $500.00 price target (up previously from $460.00) on shares of Broadcom in a research note on Friday, December 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $438.00.

Broadcom Stock Performance

NASDAQ AVGO opened at $352.21 on Tuesday. 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 Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. The business has a fifty day moving average of $359.52 and a 200-day moving average of $331.97. The stock has a market cap of $1.67 trillion, a price-to-earnings ratio of 73.99, a price-to-earnings-growth ratio of 1.17 and a beta of 1.21.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating 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 analyst estimates of $17.46 billion. During the same quarter in the previous year, the business posted $1.42 earnings per share. The company’s revenue was up 28.2% on a year-over-year basis. As a group, analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, December 22nd. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s payout ratio is currently 54.62%.

Insider Transactions at Broadcom

In other news, CFO Kirsten M. Spears sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, December 31st. The stock was 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 in the company, valued at $96,428,573.34. This trade represents a 9.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Hock E. Tan sold 130,000 shares of Broadcom stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $326.02, for a total value of $42,382,600.00. Following the completion of the transaction, the chief executive officer directly owned 595,638 shares in the company, valued at $194,189,900.76. This represents a 17.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 779,901 shares of company stock valued at $284,069,237. Corporate 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: Broadcom unveiled new Wi‑Fi products at CES 2026 — including the BCM4918 accelerated processing unit and two Wi‑Fi 8 chipsets (BCM6714, BCM6719). These launches expand Broadcom’s router/edge and connectivity TAM and reinforce near‑term revenue catalysts from networking and edge AI demand. Broadcom Inc. (AVGO) Launches new Wi‑Fi Products at CES 2026
• Positive Sentiment: Analyst and feature coverage emphasize Broadcom’s differentiated AI growth (custom AI compute units + infrastructure exposure), supporting a higher multiple outlook and investor optimism about outsized growth over the next few years. Why Broadcom’s AI Growth Is Different
• Positive Sentiment: Broadcom appears on multiple “top AI” stock lists and bullish writeups (Fool coverage), which can attract momentum flows into AVGO as investors rotate toward AI/hardware names. Here Are My Top 10 Artificial Intelligence (AI) Stocks for 2026
• Neutral Sentiment: Short interest fell materially in late December (55.1M shares, ~1.2% of float; days‑to‑cover ~1.3), which reduces near‑term squeeze risk; however, a separately reported January figure showing “0 shares” appears to be a data error and should be treated cautiously by investors.
• Neutral Sentiment: Market headlines noting AVGO’s intraday rise are circulating (coverage from Zacks/market summaries), amplifying momentum but not adding new fundamental information. Broadcom Inc. (AVGO) Rises Higher Than Market: Key Facts
• Negative Sentiment: Insider selling: Broadcom’s CEO reported a ~$24.3M stock sale and another insider sold ~$10.4M — these sizable disposals can be read as a near‑term negative signal for sentiment and may temper some investor enthusiasm. Insider Selling: Broadcom CEO Sells $24,311,000 Insider Selling: Broadcom Insider Sells $10,413,600

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.