Broadcom Inc. $AVGO Shares Sold by Studio Investment Management LLC

Studio Investment Management LLC lowered its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 16.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,358 shares of the semiconductor manufacturer’s stock after selling 2,845 shares during the quarter. Broadcom accounts for about 0.9% of Studio Investment Management LLC’s portfolio, making the stock its 29th largest position. Studio Investment Management LLC’s holdings in Broadcom were worth $4,737,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. MJP Associates Inc. ADV grew its stake in shares of Broadcom by 6.8% during the third quarter. MJP Associates Inc. ADV now owns 7,309 shares of the semiconductor manufacturer’s stock worth $2,411,000 after purchasing an additional 468 shares in the last quarter. Syon Capital LLC grew its position in shares of Broadcom by 11.9% during the third quarter. Syon Capital LLC now owns 70,837 shares of the semiconductor manufacturer’s stock worth $23,370,000 after acquiring an additional 7,525 shares during the last quarter. Aspiring Ventures LLC increased its stake in Broadcom by 3.0% in the third quarter. Aspiring Ventures LLC now owns 1,248 shares of the semiconductor manufacturer’s stock valued at $412,000 after purchasing an additional 36 shares during the period. Jacobi Capital Management LLC increased its position in Broadcom by 5.4% in the 3rd quarter. Jacobi Capital Management LLC now owns 13,474 shares of the semiconductor manufacturer’s stock valued at $4,445,000 after acquiring an additional 695 shares during the period. Finally, Waycross Partners LLC increased its holdings in shares of Broadcom by 1.9% in the third quarter. Waycross Partners LLC now owns 141,167 shares of the semiconductor manufacturer’s stock valued at $46,572,000 after purchasing an additional 2,696 shares during the period. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Stock Up 1.5%

Shares of NASDAQ:AVGO opened at $339.06 on Friday. 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 firm has a market cap of $1.61 trillion, a price-to-earnings ratio of 70.67, a PEG ratio of 1.07 and a beta of 1.21. The stock’s 50-day moving average price is $337.85 and its two-hundred day moving average price is $341.22. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings data 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. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The business had revenue of $18.02 billion for the quarter, compared to analyst estimates of $17.46 billion. During the same period in the prior year, the firm posted $1.42 EPS. The company’s revenue was up 28.2% on a year-over-year basis. On average, research analysts forecast that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Robert W. Baird set a $420.00 price objective on Broadcom in a report on Friday, December 12th. Wells Fargo & Company upgraded Broadcom from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $410.00 to $430.00 in a research report on Thursday, January 15th. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 price target on shares of Broadcom in a research report on Monday, January 5th. Susquehanna reiterated a “positive” rating and issued a $450.00 price objective (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. Finally, Piper Sandler restated an “overweight” rating and set a $430.00 target price (up from $375.00) on shares of Broadcom in a report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $433.13.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom launched BroadPeak™, a 5nm radio DFE SoC targeting massive MIMO and 5G Advanced/6G infrastructure; samples are shipping and the chip promises up to ~40% power reduction — a clear product catalyst for infrastructure and carrier spending. Broadcom Introduces Industry’s First 6G Digital Front-End SoC for Massive MIMO
• Positive Sentiment: Broadcom sits on a very large AI-related backlog (reported ~US$73B) and analysts expect heightened hyperscaler spending into FY26 — this pipeline underpins revenue visibility and supports upside expectations. Broadcom’s US$73b AI Backlog Puts Valuation And Risks In Focus
• Positive Sentiment: Multiple large institutional investors have increased positions recently (examples include Farallon, Woodline, Blackstone, Owl Creek), signaling confidence from some sophisticated buyers. Farallon Capital Boosts Broadcom Stake With 892,400 Shares
• Neutral Sentiment: Analyst commentary is mixed: many bullish price targets remain (median ~$450) but several pieces note AVGO is expensive on current multiples — that creates debate over near-term upside vs. valuation risk. Broadcom Stock Isn’t Cheap. Why Bulls Still See Room to Run
• Neutral Sentiment: Comparisons to peers (e.g., AMD) emphasize Broadcom’s diversified, software-plus-silicon model as a multi‑lever growth story — supportive for long-term investors but less immediately actionable intraday. AMD vs. Broadcom: Which One Will Dominate the Next Decade?
• Neutral Sentiment: Reported short-interest data in these feeds is effectively negligible/erroneous (shows 0 shares), so short squeezes are not a credible immediate factor based on this dataset.
• Negative Sentiment: Several hedge funds and managers trimmed or cut positions (examples: D1 Capital, Altimeter, 3G Capital; UBS also reported large Q4 reductions), which can pressure the stock when headline-sized holders sell. D1 Capital Partners LP Cuts Broadcom Inc. Stake Sharply
• Negative Sentiment: Analysts and previews warn FY26 guidance may reflect a hyperscaler spending surge but also potential margin pressure as Broadcom balances high-growth networking/AI demand with costs — margin concerns can cap multiple expansion. Broadcom: Expect FY26 Outlook To Reflect Spending Surge By Hyperscalers (Earnings Preview)

Insider Transactions at Broadcom

In other news, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief financial officer owned 277,237 shares in the company, valued at approximately $96,428,573.34. The trade was a 9.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Henry Samueli sold 320,316 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $400.53, for a total transaction of $128,296,167.48. Following the sale, the director directly owned 37,326,540 shares of the company’s stock, valued at approximately $14,950,399,066.20. This trade represents a 0.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 779,101 shares of company stock worth $283,804,325 over the last ninety days. 2.00% of the stock is owned by insiders.

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.