Venturi Wealth Management LLC Sells 3,971 Shares of Broadcom Inc. $AVGO

Venturi Wealth Management LLC cut its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 3.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 115,084 shares of the semiconductor manufacturer’s stock after selling 3,971 shares during the quarter. Broadcom comprises 1.8% of Venturi Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Venturi Wealth Management LLC’s holdings in Broadcom were worth $37,967,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in AVGO. Brighton Jones LLC lifted its position in Broadcom by 21.8% during the fourth quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock worth $6,882,000 after acquiring an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Broadcom by 10.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock worth $1,854,000 after purchasing an additional 756 shares during the last quarter. United Bank boosted its stake in Broadcom by 76.5% in the 1st quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock valued at $392,000 after purchasing an additional 1,014 shares during the period. Salem Investment Counselors Inc. boosted its stake in Broadcom by 7.0% in the 2nd quarter. Salem Investment Counselors Inc. now owns 32,074 shares of the semiconductor manufacturer’s stock valued at $8,841,000 after purchasing an additional 2,089 shares during the period. Finally, Apella Capital LLC increased its position in Broadcom by 18.1% during the 2nd quarter. Apella Capital LLC now owns 3,855 shares of the semiconductor manufacturer’s stock worth $1,057,000 after buying an additional 591 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AVGO. Truist Financial upped their price target on shares of Broadcom from $500.00 to $510.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Wall Street Zen raised shares of Broadcom from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Rosenblatt Securities raised their target price on shares of Broadcom from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. TD Cowen boosted their price target on Broadcom from $405.00 to $450.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $430.00 price objective (up from $375.00) on shares of Broadcom in a report on Friday, December 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $438.00.

Broadcom Stock Up 0.7%

Shares of AVGO opened at $354.61 on Wednesday. The firm has a 50 day simple moving average of $359.57 and a two-hundred day simple moving average of $332.57. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The company has a market cap of $1.68 trillion, a P/E ratio of 74.50, a P/E/G ratio of 1.19 and a beta of 1.21.

Broadcom (NASDAQ:AVGO) last issued its 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 firm had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same quarter last year, the business posted $1.42 EPS. The company’s revenue was up 28.2% compared to the same quarter last year. Research analysts forecast that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, December 22nd. This is an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio is 54.62%.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Bernstein reiterated an Outperform on AVGO and says competition fears around Broadcom in AI are overblown, citing leadership in AI ASICs and execution — a bullish analyst view that supports upside. Bernstein Says AI Competition Fears Around Broadcom (AVGO) Are Overblown
• Positive Sentiment: Major banks (Mizuho, Goldman, BofA) named Broadcom a top chip pick for 2026 and raised price targets (range roughly $450–$500), highlighting very strong gross margins and the potential for a >$2T market cap — heavy institutional endorsement that attracts buying. Broadcom Earns ‘Top Pick’ Status From Wall Street’s Biggest Banks
• Positive Sentiment: Analysts flag an AI-driven supply/demand imbalance and custom silicon upside as hyperscaler capex and memory tightness accelerate — a setup that benefits Broadcom’s ASIC/custom-chip franchises and pricing power. Broadcom, Marvell In Focus As Semiconductor Analyst Flags AI-Driven Supply Crunch
• Positive Sentiment: Product news from CES — new Wi‑Fi 8 chipsets and an accelerated processing unit — refreshes the networking/wireless roadmap and supports non-GPU revenue diversification. Broadcom Inc. (AVGO) Launches new Wi-Fi Products at CES 2026
• Neutral Sentiment: Coverage pieces and buy-the-dip commentary (Seeking Alpha, 24/7 Wall St., The Motley Fool-style lists) reiterate bullish narratives for growth/AI exposure but are opinion-driven — supportive but not new fundamental data. Broadcom: Buy The Dip Or Regret It Forever Best Growth Stocks to Buy in 2026
• Neutral Sentiment: Zacks and other market summaries note recent intraday/near-term gains — confirms the price move but adds little incremental fundamental information. Broadcom Inc. (AVGO) Rises Higher Than Market: Key Facts
• Negative Sentiment: Lingering investor concern about a margin warning from the Dec. 11 earnings release remains a potential downside catalyst — analysts and investors will watch upcoming margin commentary and software mix closely. Broadcom Earns ‘Top Pick’ Status From Wall Street’s Biggest Banks

Insider Activity at Broadcom

In related news, Director Harry L. You acquired 1,000 shares of the stock in a transaction that occurred on Thursday, December 18th. The stock was acquired at an average cost of $325.13 per share, for a total transaction of $325,130.00. Following the transaction, the director directly owned 36,602 shares in the company, valued at $11,900,408.26. This trade represents a 2.81% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark David Brazeal sold 30,000 shares of the firm’s 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 sale, the insider owned 210,573 shares in the company, valued at $73,094,099.76. This represents a 12.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 779,901 shares of company stock worth $284,069,237 in the last ninety days. 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.