Rep. Cleo Fields Purchases Shares of Broadcom Inc. (NASDAQ:AVGO)

Representative Cleo Fields (D-Louisiana) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on September 30th, the Representative disclosed that they had bought between $15,001 and $50,000 in Broadcom stock on September 17th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/23/2025.
• Purchased $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 9/19/2025.
• Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/18/2025.
• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/17/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.
• Purchased $50,001 – $100,000 in shares of Oracle (NYSE:ORCL) on 9/17/2025.
• Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.
• Purchased $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 9/17/2025.
• Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/10/2025.
• Purchased $15,001 – $50,000 in shares of McDonald’s (NYSE:MCD) on 9/10/2025.

Broadcom Stock Performance

Shares of AVGO stock opened at $333.39 on Thursday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.37 and a current ratio of 1.50. Broadcom Inc. has a 52 week low of $138.10 and a 52 week high of $374.23. The company’s 50 day moving average price is $316.48 and its two-hundred day moving average price is $255.31. The company has a market capitalization of $1.57 trillion, a P/E ratio of 85.05, a price-to-earnings-growth ratio of 1.83 and a beta of 1.20.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Thursday, September 4th. The semiconductor manufacturer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.03. Broadcom had a net margin of 31.59% and a return on equity of 36.60%. The company had revenue of $15.95 billion during the quarter, compared to the consensus estimate of $15.82 billion. During the same quarter in the prior year, the firm earned $1.24 earnings per share. The firm’s revenue was up 22.0% compared to the same quarter last year. Broadcom has set its Q4 2025 guidance at EPS. On average, analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, September 22nd. Broadcom’s dividend payout ratio (DPR) is 60.20%.

Analysts Set New Price Targets

AVGO has been the topic of several recent research reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $300.00 price target on shares of Broadcom in a research note on Friday, June 6th. Bank of America increased their price objective on Broadcom from $300.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, September 5th. Wall Street Zen upgraded Broadcom from a “hold” rating to a “buy” rating in a research note on Saturday, September 6th. Mizuho raised their price target on shares of Broadcom from $355.00 to $410.00 and gave the stock an “outperform” rating in a research note on Friday, September 12th. Finally, Hsbc Global Res upgraded shares of Broadcom from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 24th. Three 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $357.22.

Insider Buying and Selling

In other news, insider Mark David Brazeal sold 16,558 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $347.61, for a total transaction of $5,755,726.38. Following the completion of the sale, the insider owned 329,302 shares in the company, valued at approximately $114,468,668.22. This trade represents a 4.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Henry Samueli sold 368,797 shares of the company’s stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $337.91, for a total transaction of $124,620,194.27. Following the completion of the transaction, the director owned 37,722,534 shares in the company, valued at approximately $12,746,821,463.94. This trade represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders purchased 3,550 shares of company stock valued at $1,227,869 and sold 666,071 shares valued at $225,623,008. Company insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Broadcom

A number of institutional investors and hedge funds have recently modified their holdings of AVGO. PARUS FINANCE UK Ltd boosted its stake in shares of Broadcom by 175.3% during the 1st quarter. PARUS FINANCE UK Ltd now owns 100,578 shares of the semiconductor manufacturer’s stock worth $16,840,000 after acquiring an additional 64,038 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Broadcom by 27.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 64,130 shares of the semiconductor manufacturer’s stock valued at $10,737,000 after purchasing an additional 13,978 shares during the last quarter. Keener Financial Planning LLC boosted its position in Broadcom by 34.8% during the first quarter. Keener Financial Planning LLC now owns 890 shares of the semiconductor manufacturer’s stock worth $149,000 after purchasing an additional 230 shares during the period. Diversify Wealth Management LLC boosted its position in Broadcom by 5.6% during the first quarter. Diversify Wealth Management LLC now owns 38,016 shares of the semiconductor manufacturer’s stock worth $6,365,000 after purchasing an additional 2,016 shares during the period. Finally, Acorns Advisers LLC increased its holdings in shares of Broadcom by 24.3% in the first quarter. Acorns Advisers LLC now owns 4,184 shares of the semiconductor manufacturer’s stock valued at $701,000 after purchasing an additional 818 shares during the last quarter. 76.43% of the stock is owned by institutional investors.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

About Broadcom

Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.