Wealthfront Advisers LLC Acquires 21,207 Shares of Broadcom Inc. $AVGO

Wealthfront Advisers LLC grew its holdings in Broadcom Inc. (NASDAQ:AVGO) by 3.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 582,654 shares of the semiconductor manufacturer’s stock after buying an additional 21,207 shares during the period. Wealthfront Advisers LLC’s holdings in Broadcom were worth $192,223,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Brighton Jones LLC increased its position in shares of Broadcom by 21.8% during the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock valued at $6,882,000 after purchasing an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Broadcom by 10.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock valued at $1,854,000 after acquiring an additional 756 shares during the period. United Bank raised its stake in shares of Broadcom by 76.5% in the first quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock valued at $392,000 after acquiring an additional 1,014 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Broadcom by 10.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer’s stock worth $3,499,000 after acquiring an additional 1,160 shares during the last quarter. Finally, Capital & Planning LLC boosted its stake in shares of Broadcom by 10.5% during the 2nd quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer’s stock worth $1,098,000 after purchasing an additional 378 shares during the period. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Broadcom

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)

Broadcom Price Performance

Shares of AVGO stock opened at $331.17 on Friday. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. 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 stock has a fifty day simple moving average of $345.18 and a two-hundred day simple moving average of $340.01. The stock has a market capitalization of $1.57 trillion, a price-to-earnings ratio of 69.57, a P/E/G ratio of 1.11 and a beta of 1.21.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.08. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the company posted $1.42 earnings per share. The firm’s quarterly revenue was up 28.2% on a year-over-year basis. On average, analysts predict that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Increases Dividend

The firm also recently disclosed 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 is a boost from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, December 22nd. Broadcom’s payout ratio is 54.62%.

Insider Buying and Selling at Broadcom

In other news, insider Mark David Brazeal sold 38,281 shares of Broadcom stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $327.65, for a total value of $12,542,769.65. Following the transaction, the insider directly owned 266,494 shares in the company, valued at approximately $87,316,759.10. This trade represents a 12.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Kirsten M. Spears sold 30,000 shares of the company’s stock in a transaction on 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 sale, the chief financial officer owned 277,237 shares of the company’s stock, valued at $96,428,573.34. This trade represents a 9.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 779,101 shares of company stock valued at $283,804,325. 2.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have issued reports on AVGO shares. KeyCorp reissued an “overweight” rating and issued a $500.00 price objective (up previously from $460.00) on shares of Broadcom in a research note on Friday, December 12th. Mizuho set a $480.00 price target on Broadcom and gave the stock an “outperform” rating in a research note on Friday, January 9th. Wells Fargo & Company upgraded Broadcom from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $410.00 to $430.00 in a report on Thursday, January 15th. Oppenheimer increased their target price on Broadcom from $435.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Finally, Susquehanna reissued a “positive” rating and set a $450.00 target price (up from $400.00) on shares of Broadcom in a research note on Thursday, December 4th. Two research 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $433.87.

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.