Broadcom Inc. $AVGO Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc lowered its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 3.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 222,501 shares of the semiconductor manufacturer’s stock after selling 8,825 shares during the quarter. Broadcom makes up about 1.3% of Prospera Financial Services Inc’s holdings, making the stock its 8th biggest position. Prospera Financial Services Inc’s holdings in Broadcom were worth $73,426,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Marest Capital LLC purchased a new stake in Broadcom in the third quarter valued at approximately $622,000. Proactive Wealth Strategies LLC grew its position in shares of Broadcom by 66.8% during the third quarter. Proactive Wealth Strategies LLC now owns 2,082 shares of the semiconductor manufacturer’s stock worth $687,000 after acquiring an additional 834 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Broadcom by 1.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 309,708 shares of the semiconductor manufacturer’s stock valued at $102,176,000 after acquiring an additional 3,854 shares during the period. Linden Thomas Advisory Services LLC raised its position in Broadcom by 1.1% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 38,634 shares of the semiconductor manufacturer’s stock valued at $12,746,000 after purchasing an additional 432 shares during the last quarter. Finally, D.B. Root & Company LLC boosted its stake in Broadcom by 13.9% during the 3rd quarter. D.B. Root & Company LLC now owns 6,138 shares of the semiconductor manufacturer’s stock worth $2,025,000 after purchasing an additional 750 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Broadcom Trading Down 3.4%

Shares of AVGO opened at $331.17 on Friday. 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 $1.57 trillion, a PE ratio of 69.57, a price-to-earnings-growth ratio of 1.11 and a beta of 1.21. The stock has a fifty day moving average of $345.18 and a two-hundred day moving average of $340.01. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.08. The company had revenue of $18.02 billion during the quarter, compared to analysts’ expectations 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 period in the previous year, the company earned $1.42 EPS. As a group, analysts forecast that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were given a $0.65 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is currently 54.62%.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom launched a Wi‑Fi 8 enterprise platform positioning the company to sell AI‑optimized networking into enterprises — a product roadmap win that supports longer‑term AI revenue growth. Broadcom Targets AI Edge With New Wi Fi 8 Enterprise Platform
• Positive Sentiment: Analysts (including UBS coverage cited in recent pieces) remain bullish on Broadcom’s AI momentum and strong server demand, which underpins upside to networking and infrastructure‑software revenue. UBS Remains Bullish on Broadcom
• Positive Sentiment: Features in outlets (Barron’s, industry write‑ups) highlight Broadcom as a credible competitor to Nvidia in certain AI‑chip and networking segments — a narrative that supports premium multiple expectations if Broadcom converts design wins. Nvidia and Broadcom’s AI Chips Will Go Head-to-Head
• Neutral Sentiment: Broadcom is a top holding in dividend/quality ETFs (e.g., VIG), which provides steady institutional demand but also ties AVGO performance to broader ETF flows. VIG/SCHD ETF coverage mentioning AVGO
• Neutral Sentiment: Multiple investor letters and fund commentary (Baron, SGA strategy pieces) note Broadcom as a core AI/infrastructure holding — supportive long‑term, but these are high‑level endorsements rather than immediate catalysts. SGA U.S. Large Cap Growth Strategy Bets on Broadcom
• Negative Sentiment: Several institutional managers have trimmed Broadcom positions recently (Morningstar Investment Management, Intermede, SCS Capital), and at least one manager boosted exposure — the net of these trades can drive near‑term volatility and signal some profit‑taking. Morningstar Investment Management Cuts Broadcom Inc. Stake Sharply SCS Capital Cuts Broadcom Stake Suncoast Equity Boosts Broadcom Stake
• Negative Sentiment: Technical/valuation caution: commentary flagged a “risky pattern” despite strong tailwinds, a storyline that can trigger short‑term selling from momentum/quant strategies. Broadcom stock: risky pattern emerges despite solid tailwinds
• Negative Sentiment: Short‑interest reports in the feed show anomalous data (0 shares / NaN changes) but headlines about rising short interest — even if erroneous — can spook momentum traders; treat these data as unreliable until cleared. Short interest data notices (internal feed)

Wall Street Analyst Weigh In

Several analysts have commented on AVGO shares. Rosenblatt Securities upped their price objective on Broadcom from $400.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. TD Cowen restated a “buy” rating on shares of Broadcom in a research note on Friday, December 12th. Wall Street Zen upgraded shares of Broadcom from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. Zacks Research raised shares of Broadcom from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. Finally, KeyCorp restated an “overweight” rating and issued a $500.00 target price (up previously from $460.00) on shares of Broadcom in a research note on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Broadcom currently has a consensus rating of “Buy” and a consensus price target of $433.87.

Insiders Place Their Bets

In related news, insider Mark David Brazeal sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the transaction, the insider directly owned 210,573 shares of the company’s stock, valued at approximately $73,094,099.76. The trade was a 12.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Hock E. Tan sold 70,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total value of $24,311,000.00. Following the completion of the transaction, the chief executive officer owned 132,836 shares of the company’s stock, valued at approximately $46,133,942.80. This represents a 34.51% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 779,101 shares of company stock valued at $283,804,325. Company insiders own 2.00% of the company’s stock.

About Broadcom

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.