Laffer Tengler Investments Inc. Reduces Stock Position in Broadcom Inc. $AVGO

Laffer Tengler Investments Inc. lowered its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 10.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 82,578 shares of the semiconductor manufacturer’s stock after selling 9,749 shares during the quarter. Broadcom accounts for 4.3% of Laffer Tengler Investments Inc.’s portfolio, making the stock its biggest position. Laffer Tengler Investments Inc.’s holdings in Broadcom were worth $27,243,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of AVGO. Arthur M. Cohen & Associates LLC grew its stake in shares of Broadcom by 0.6% in the 3rd quarter. Arthur M. Cohen & Associates LLC now owns 4,781 shares of the semiconductor manufacturer’s stock worth $1,577,000 after acquiring an additional 30 shares in the last quarter. Jackson Hole Capital Partners LLC boosted its holdings in Broadcom by 1.4% during the third quarter. Jackson Hole Capital Partners LLC now owns 2,170 shares of the semiconductor manufacturer’s stock worth $716,000 after purchasing an additional 30 shares during the last quarter. Private Wealth Partners LLC boosted its holdings in Broadcom by 0.7% during the third quarter. Private Wealth Partners LLC now owns 4,273 shares of the semiconductor manufacturer’s stock worth $1,410,000 after purchasing an additional 30 shares during the last quarter. Planning Alternatives Ltd. ADV grew its position in Broadcom by 1.4% in the 3rd quarter. Planning Alternatives Ltd. ADV now owns 2,168 shares of the semiconductor manufacturer’s stock worth $715,000 after purchasing an additional 30 shares in the last quarter. Finally, McHugh Group LLC increased its stake in Broadcom by 0.4% in the 3rd quarter. McHugh Group LLC now owns 8,433 shares of the semiconductor manufacturer’s stock valued at $2,782,000 after buying an additional 31 shares during the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Broadcom

In other Broadcom news, Director Harry L. You acquired 1,000 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was bought at an average cost of $325.13 per share, with a total value of $325,130.00. Following the acquisition, the director owned 36,602 shares in the company, valued at approximately $11,900,408.26. This represents a 2.81% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Mark David Brazeal sold 30,000 shares of Broadcom stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the completion of the transaction, the insider owned 210,573 shares of the company’s stock, valued at $73,094,099.76. This represents a 12.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 779,101 shares of company stock worth $283,804,325 in the last ninety days. Insiders own 2.00% of the company’s stock.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Jefferies reaffirmed its Buy rating and keeps a $500 price target, highlighting Broadcom’s leadership in AI and networking which supports upside expectations. Broadcom Inc. (AVGO) Leads AI and Networking Expansion, Jefferies Reaffirms Buy
• Positive Sentiment: Broadcom announced shipments of a 2nm custom compute SoC and launched BroadPeak (radio/5G-6G), reinforcing tech leadership in AI datacenter and telecom markets that could sustain revenue/margin expansion. Broadcom’s 2nm SoC And BroadPeak Aim At AI And 6G Growth
• Positive Sentiment: Analyst consensus price-target momentum remains elevated (median analyst 12‑month target cited near $454), reflecting expectations that AI-driven revenue growth will re-rate the shares over the next 12 months. Broadcom (AVGO) Is Trading 25% Below Its Recent High: Here’s Why $454 Is the 12-Month Price Target
• Neutral Sentiment: Market positioning ahead of Q1: multiple previews expect record revenue driven by AI chips and VMware, but warn margin pressure and valuation leave outcomes binary — earnings could trigger a big swing. Broadcom Q1 Preview: Record Revenue Expected, But Stock Is Looking ‘On the Ropes’
• Neutral Sentiment: Traders expect elevated post-earnings volatility (big potential intraday move), increasing the chance of sharp price action regardless of beat/miss. Here’s How Much Traders Expect Broadcom Stock To Move After Earnings
• Negative Sentiment: Royal Bank of Canada cut its price target to $340 and moved to sector perform, flagging more limited near-term upside and contributing downward pressure on the stock. Royal Bank Of Canada Issues Pessimistic Forecast for Broadcom (NASDAQ:AVGO) Stock Price
• Negative Sentiment: SEC filing-based reports show CEO Hock E. Tan’s 2025 pay disclosed at roughly $205M and heavy insider selling activity highlighted by data aggregators — governance and large sales can weigh sentiment. Broadcom Inc. ($AVGO) CEO 2025 Pay Revealed
• Negative Sentiment: High-profile commentators (e.g., Jim Cramer) warned the name is “too hard to own” right now, reflecting caution around valuation, concentration and near-term execution. Jim Cramer on Broadcom: “This Is One of Those That’s Just Too Hard to Own Right Now”

Broadcom Stock Down 1.6%

Shares of NASDAQ AVGO opened at $313.84 on Wednesday. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. The business’s fifty day moving average price is $335.17 and its 200-day moving average price is $342.86. The stock has a market capitalization of $1.49 trillion, a PE ratio of 65.93, a P/E/G ratio of 1.02 and a beta of 1.22.

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 return on equity of 37.45% and a net margin of 36.20%.The company had revenue of $18.02 billion during the quarter, compared to analyst estimates of $17.46 billion. During the same quarter last year, the firm posted $1.42 EPS. The firm’s revenue for the quarter was up 28.2% on a year-over-year basis. On average, equities research analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

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

Analyst Ratings Changes

AVGO has been the topic of a number of research analyst reports. Piper Sandler restated an “overweight” rating and issued a $430.00 target price (up from $375.00) on shares of Broadcom in a research note on Friday, December 12th. KeyCorp reiterated an “overweight” rating and set a $500.00 price target (up from $460.00) on shares of Broadcom in a report on Friday, December 12th. Sanford C. Bernstein reissued an “outperform” rating and issued a $475.00 price objective (up from $400.00) on shares of Broadcom in a research report on Friday, December 12th. Oppenheimer raised their target price on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Finally, Susquehanna reiterated 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 analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $432.13.

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.