Broadcom Inc. $AVGO Shares Sold by Peoples Financial Services CORP.

Peoples Financial Services CORP. decreased its holdings in Broadcom Inc. (NASDAQ:AVGO) by 9.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,915 shares of the semiconductor manufacturer’s stock after selling 3,024 shares during the quarter. Broadcom makes up 4.3% of Peoples Financial Services CORP.’s portfolio, making the stock its 3rd biggest position. Peoples Financial Services CORP.’s holdings in Broadcom were worth $9,539,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Washburn Capital Management Inc. grew its position in shares of Broadcom by 12.2% during the third quarter. Washburn Capital Management Inc. now owns 6,366 shares of the semiconductor manufacturer’s stock worth $2,100,000 after buying an additional 692 shares in the last quarter. Reliant Investment Partners LLC boosted its stake in Broadcom by 4.7% during the 3rd quarter. Reliant Investment Partners LLC now owns 2,461 shares of the semiconductor manufacturer’s stock valued at $833,000 after acquiring an additional 110 shares during the last quarter. Kuhn & Co Investment Counsel bought a new position in Broadcom during the 3rd quarter valued at $458,000. WoodTrust Financial Corp grew its holdings in Broadcom by 1.3% during the 3rd quarter. WoodTrust Financial Corp now owns 3,905 shares of the semiconductor manufacturer’s stock worth $1,288,000 after acquiring an additional 50 shares in the last quarter. Finally, Mainsail Asset Management LLC bought a new stake in shares of Broadcom in the 3rd quarter worth about $507,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Kirsten M. Spears sold 30,000 shares of the firm’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the transaction, the chief financial officer directly owned 277,237 shares of the company’s stock, valued at approximately $96,428,573.34. This trade represents a 9.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Henry Samueli sold 320,316 shares of Broadcom stock in a transaction dated 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 sale, the director owned 37,326,540 shares in the company, valued at approximately $14,950,399,066.20. This represents a 0.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 779,901 shares of company stock worth $284,069,237. 2.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Mizuho set a $480.00 price target on shares of Broadcom and gave the stock an “outperform” rating in a research report on Friday, January 9th. Piper Sandler reaffirmed an “overweight” rating and set a $430.00 target price (up previously from $375.00) on shares of Broadcom in a report on Friday, December 12th. The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 target price on shares of Broadcom in a research report on Monday, January 5th. Oppenheimer upped their price target on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Finally, Wall Street Zen raised shares of Broadcom from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Two 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’s stock. Based on data from MarketBeat.com, Broadcom currently has an average rating of “Buy” and an average price target of $438.61.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: JPMorgan named Broadcom among its favorite chip stocks heading into earnings, reinforcing confidence in AVGO’s AI exposure and earnings upside. Nvidia, Broadcom, Micron among JPMorgan’s favorite chip stocks going into earnings
• Positive Sentiment: Citi also lists Broadcom as a top pick into earnings, and multiple sell-side firms (Wells Fargo, Mizuho and others) have recently issued bullish notes and raised targets — supporting medium-term upside tied to AI and data-center demand. Nvidia, Broadcom, NXP, Analog Devices are Citi’s top picks going into earnings
• Positive Sentiment: MarketBeat highlights TSMC’s strong AI-accelerator guidance and Meta’s “Meta Compute” initiative as potential structural tailwinds for Broadcom’s custom AI chips and networking products — a fundamental support for longer-term revenue growth. Why Taiwan Semiconductor and Meta Could Be the Hidden Bull Case for Broadcom
• Neutral Sentiment: Several write-ups discuss valuation and whether AVGO remains reasonably priced after a multi-year rally; these notes provide context but don’t change the upside catalysts. Is Broadcom (AVGO) Still Reasonably Priced After A 7x Run In Five Years
• Neutral Sentiment: Opinion and strategy pieces (Zacks, Forbes, 247WallSt) reiterate Broadcom’s AI exposure and growth profile; these can support investor conviction but highlight differing views on timing and valuation. Here is Why Growth Investors Should Buy Broadcom Inc. (AVGO) Now
• Negative Sentiment: Broadcom underperformed peers in today’s session and lagged as the broader market gained, a sign of short-term profit-taking and relative weakness versus some AI leaders. Broadcom Inc. stock underperforms Wednesday when compared to competitors
• Negative Sentiment: RBC initiated coverage at Sector Perform and flagged margin and valuation risks despite AI upside — a reminder that cost structure and pricing in AI infrastructure could pressure near-term margins. RBC initiates Broadcom (AVGO) at sector perform, flags margin and valuation risks despite AI upside
• Negative Sentiment: Social/aggregate coverage (Quiver/AI chatter) highlights heavy insider selling over the last 6 months and mentions geopolitical and margin concerns — these narratives can amplify short-term volatility. Broadcom Inc. Stock (AVGO) Opinions on AI Deals and Geopolitical Risks

Broadcom Trading Down 1.1%

Broadcom stock opened at $328.80 on Thursday. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $1.56 trillion, a price-to-earnings ratio of 69.08, a PEG ratio of 1.10 and a beta of 1.21. The firm has a 50-day moving average price of $357.93 and a two-hundred day moving average price of $335.05.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results 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 return on equity of 37.45% and a net margin of 36.20%.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 company posted $1.42 earnings per share. The business’s revenue for the quarter was up 28.2% compared to the same quarter last year. Sell-side analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

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

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.