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

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on January 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Broadcom stock on December 17th. 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 Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
• Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
• Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.

Broadcom Stock Down 4.2%

NASDAQ:AVGO traded down $14.72 during midday trading on Wednesday, hitting $339.89. 30,030,700 shares of the company were exchanged, compared to its average volume of 24,447,189. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. The company has a market capitalization of $1.61 trillion, a PE ratio of 71.41, a price-to-earnings-growth ratio of 1.19 and a beta of 1.21. 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 fifty day simple moving average of $359.57 and a 200 day simple moving average of $332.57.

Broadcom (NASDAQ:AVGO) last issued its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.08. The company 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 firm’s revenue for the quarter was up 28.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.42 earnings per share. As a group, equities analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a $0.65 dividend. This is an increase from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, December 22nd. Broadcom’s payout ratio is currently 54.62%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Mizuho raised its price target to $480 and kept an Outperform rating — a material analyst uplift that signals continued confidence in Broadcom’s AI/hyperscaler exposure and supports upside expectations. Mizuho Raises Firm’s PT on Broadcom (AVGO) Stock
• Positive Sentiment: Three large banks (including Goldman Sachs and BofA) named Broadcom a 2026 “top pick,” with price targets ranging roughly $450–$500 — institutional conviction that Broadcom can sustain AI/hyperscaler-driven demand and margin strength. Broadcom Earns ‘Top Pick’ Status From Wall Street’s Biggest Banks
• Positive Sentiment: Bernstein reiterated Outperform and said AI competition fears are overblown, citing Broadcom’s leadership in AI ASICs — this reduces downside risk from competitor noise and supports enterprise/hyperscaler share retention. Bernstein Says AI Competition Fears Around Broadcom (AVGO) Are Overblown
• Positive Sentiment: Product news: Broadcom launched new Wi‑Fi products at CES 2026 — incremental product wins that can help the networking/wireless roadmap and revenue diversification. Broadcom Inc. (AVGO) Launches new Wi-Fi Products at CES 2026
• Positive Sentiment: Analysts flag an AI-driven supply crunch and custom silicon upside for firms like Broadcom — potential near-term pricing power and order acceleration for bespoke ASICs. Broadcom, Marvell In Focus As Semicondcutor Analyst Flags AI-Driven Supply Crunch, Custom Silicon Upside
• Neutral Sentiment: Longer-term price forecasts and coverage pieces continue to show bullish multi‑year scenarios, but these are horizon plays — they don’t remove near-term volatility risk. Broadcom (NASDAQ: AVGO) Stock Price Prediction and Forecast 2026-2030
• Neutral Sentiment: Opinion pieces recommend Broadcom as a high-conviction dividend/growth holding — useful for buy-and-hold investors but less relevant for short-term price action. Broadcom: A high-conviction dividend stock I’d own in 2026
• Negative Sentiment: Lingering margin concerns from Broadcom’s Dec. earnings report remain a headline risk — analysts and some investors remain sensitive to gross‑margin trajectory despite subsequent bullish PTs. Broadcom Earns ‘Top Pick’ Status From Wall Street’s Biggest Banks (margin context)
• Negative Sentiment: Near-term pressure from profit-taking and valuation scrutiny (the stock trades at a high P/E vs. history) can offset the bullish analyst noise; high trading volume suggests some investors are rotating gains.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Meriwether Wealth & Planning LLC boosted its position in shares of Broadcom by 5.9% during the fourth quarter. Meriwether Wealth & Planning LLC now owns 734 shares of the semiconductor manufacturer’s stock valued at $254,000 after buying an additional 41 shares during the last quarter. Trust Co. of Oklahoma grew its position in shares of Broadcom by 10.7% during the 4th quarter. Trust Co. of Oklahoma now owns 10,080 shares of the semiconductor manufacturer’s stock valued at $3,489,000 after purchasing an additional 971 shares in the last quarter. Clarius Group LLC increased its stake in Broadcom by 0.4% in the 4th quarter. Clarius Group LLC now owns 19,409 shares of the semiconductor manufacturer’s stock worth $6,717,000 after acquiring an additional 83 shares during the last quarter. Centennial Wealth Advisory LLC lifted its holdings in shares of Broadcom by 10.9% in the 4th quarter. Centennial Wealth Advisory LLC now owns 4,788 shares of the semiconductor manufacturer’s stock worth $1,657,000 after acquiring an additional 472 shares during the last quarter. Finally, ORG Partners LLC grew its stake in shares of Broadcom by 3.7% in the fourth quarter. ORG Partners LLC now owns 4,644 shares of the semiconductor manufacturer’s stock worth $1,607,000 after purchasing an additional 165 shares during the last quarter. Institutional investors own 76.43% of the company’s stock.

Analyst Ratings Changes

AVGO has been the topic of several research reports. Royal Bank Of Canada initiated coverage on shares of Broadcom in a research note on Wednesday. They set a “sector perform” rating and a $370.00 price objective on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $475.00 price target (up from $400.00) on shares of Broadcom in a research note on Friday, December 12th. Robert W. Baird set a $420.00 target price on shares of Broadcom in a report on Friday, December 12th. Barclays reissued an “overweight” rating and issued a $500.00 price target (up from $450.00) on shares of Broadcom in a report on Friday, December 12th. Finally, Mizuho set a $480.00 target price on Broadcom and gave the stock an “outperform” rating in a report on Friday, January 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Broadcom presently has an average rating of “Buy” and a consensus price target of $435.57.

Insider Buying and Selling at Broadcom

In other news, Director Henry Samueli sold 320,316 shares of Broadcom stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $400.53, for a total transaction of $128,296,167.48. Following the completion of the transaction, the director directly owned 37,326,540 shares in the company, valued at approximately $14,950,399,066.20. This trade represents a 0.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark David Brazeal sold 38,281 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $327.65, for a total transaction of $12,542,769.65. Following the sale, the insider directly owned 266,494 shares of the company’s stock, valued at approximately $87,316,759.10. This represents a 12.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 779,901 shares of company stock valued at $284,069,237. Insiders own 2.00% of the company’s stock.

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

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.