Broadcom Inc. $AVGO Shares Purchased by Palacios Wealth Management LLC

Palacios Wealth Management LLC increased its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 14.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,948 shares of the semiconductor manufacturer’s stock after buying an additional 3,453 shares during the quarter. Broadcom comprises about 5.9% of Palacios Wealth Management LLC’s holdings, making the stock its 2nd largest position. Palacios Wealth Management LLC’s holdings in Broadcom were worth $8,890,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in Broadcom during the second quarter worth about $18,579,549,000. Vanguard Group Inc. raised its holdings in Broadcom by 1.3% during the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock worth $133,261,046,000 after purchasing an additional 6,222,802 shares during the last quarter. Edgewood Management LLC acquired a new position in shares of Broadcom during the 2nd quarter worth $1,571,438,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of Broadcom by 115.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,017,340 shares of the semiconductor manufacturer’s stock valued at $1,658,680,000 after purchasing an additional 3,224,739 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Broadcom by 8.4% in the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock valued at $10,598,641,000 after buying an additional 2,978,768 shares in the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Broadcom

In other news, CEO Hock E. Tan sold 130,000 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $326.02, for a total value of $42,382,600.00. Following the completion of the sale, the chief executive officer directly owned 595,638 shares in the company, valued at approximately $194,189,900.76. The trade was a 17.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction of $12,542,769.65. Following the completion of the transaction, the insider directly owned 266,494 shares of the company’s stock, valued at approximately $87,316,759.10. This represents a 12.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 779,901 shares of company stock worth $284,069,237. 2.00% of the stock is currently owned by corporate insiders.

Broadcom Price Performance

AVGO opened at $342.76 on Thursday. The company has a fifty day simple moving average of $346.17 and a 200 day simple moving average of $340.08. 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 $1.63 trillion, a price-to-earnings ratio of 72.01, a PEG ratio of 1.10 and a beta of 1.21. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61.

Broadcom (NASDAQ:AVGO) last announced its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.08. The business had revenue of $18.02 billion for the quarter, compared to analyst estimates of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The company’s revenue for the quarter was up 28.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.42 earnings per share. Equities research analysts expect 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 given a dividend of $0.65 per share. 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 is 54.62%.

Analyst Upgrades and Downgrades

AVGO has been the topic of several analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $450.00 price target on shares of Broadcom in a research note on Monday, January 5th. Barclays reaffirmed an “overweight” rating and set a $500.00 price target (up previously from $450.00) on shares of Broadcom in a research report on Friday, December 12th. Robert W. Baird set a $420.00 price target on shares of Broadcom in a report on Friday, December 12th. Mizuho set a $480.00 price objective on Broadcom and gave the stock an “outperform” rating in a report on Friday, January 9th. Finally, Wolfe Research upgraded Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 target price on the stock in a report on Friday, January 30th. Two 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $437.28.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: UBS reiterates bullish view, saying Broadcom’s AI momentum should extend through 2028 and highlighting strong server demand that supports revenue durability even if near-term upside for consensus earnings is limited. UBS Remains Bullish on Broadcom
• Positive Sentiment: Broadcom launched Wi‑Fi 8 chips, extending its AI networking story into enterprise infrastructure — reinforcing product-led revenue drivers outside traditional data-center ASICs. Broadcom Wi Fi 8 Launch
• Positive Sentiment: Press and analysis (Barron’s) position Broadcom as the biggest competitive threat to Nvidia in certain AI chip segments, which supports a narrative of durable secular demand and potential market-share gains. Nvidia and Broadcom’s AI Chips
• Positive Sentiment: A U.S. large-cap growth strategy (SGA) publicly highlighted Broadcom as a core holding, signaling institutional conviction among growth managers. SGA Bets on Broadcom
• Neutral Sentiment: Short-interest reports in the feed appear to be erroneous (showing 0 shares / NaN change); no actionable short-squeeze signal is evident from these entries.
• Neutral Sentiment: Coverage pieces and comparison articles (e.g., vs. AMD, Zacks trending notes) are generating investor attention but mostly reiterate AI growth thematic exposure rather than new catalysts. Broadcom Vs. AMD
• Negative Sentiment: Several institutional managers trimmed positions — Morningstar Investment Management sharply cut its stake and Intermede trimmed holdings — which can add selling pressure and signal rebalancing at some funds. Morningstar Cuts Stake Intermede Trims Stake
• Negative Sentiment: Technical/commentary pieces warn of a “risky pattern” despite tailwinds, which may prompt momentum traders to be cautious or take profits. Risky Pattern Warning

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.