Broadcom Inc. $AVGO Shares Acquired by Windle Wealth LLC

Windle Wealth LLC grew its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 1.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,575 shares of the semiconductor manufacturer’s stock after acquiring an additional 367 shares during the quarter. Broadcom accounts for approximately 4.1% of Windle Wealth LLC’s investment portfolio, making the stock its 6th largest position. Windle Wealth LLC’s holdings in Broadcom were worth $8,428,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. PARUS FINANCE UK Ltd grew its holdings in shares of Broadcom by 175.3% during the first quarter. PARUS FINANCE UK Ltd now owns 100,578 shares of the semiconductor manufacturer’s stock worth $16,840,000 after purchasing an additional 64,038 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Broadcom by 27.9% during the first quarter. Geneos Wealth Management Inc. now owns 64,130 shares of the semiconductor manufacturer’s stock worth $10,737,000 after purchasing an additional 13,978 shares during the last quarter. Asio Capital LLC grew its holdings in shares of Broadcom by 2.0% during the second quarter. Asio Capital LLC now owns 54,459 shares of the semiconductor manufacturer’s stock worth $15,012,000 after purchasing an additional 1,089 shares during the last quarter. Keener Financial Planning LLC grew its holdings in shares of 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 last quarter. Finally, Diversify Wealth Management LLC grew its holdings in shares of 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 last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. KeyCorp set a $460.00 target price on Broadcom in a report on Monday. Arete Research upgraded Broadcom to a “strong-buy” rating in a report on Monday, July 28th. Macquarie assumed coverage on Broadcom in a report on Monday, September 15th. They set an “outperform” rating and a $420.00 price target on the stock. JPMorgan Chase & Co. increased their price target on Broadcom from $325.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Finally, HSBC upgraded Broadcom from a “hold” rating to a “buy” rating and set a $400.00 price target on the stock in a report on Tuesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Broadcom has an average rating of “Buy” and a consensus target price of $359.44.

Insider Buying and Selling

In related news, insider Mark David Brazeal sold 16,558 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $347.61, for a total value of $5,755,726.38. Following the completion of the sale, the insider directly owned 329,302 shares of the company’s stock, valued at approximately $114,468,668.22. This represents a 4.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Henry Samueli sold 368,797 shares of the stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $337.91, for a total value of $124,620,194.27. Following the completion of the sale, the director directly owned 37,722,534 shares of the company’s stock, valued at $12,746,821,463.94. The trade was a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 3,550 shares of company stock worth $1,227,869 and sold 664,471 shares worth $225,184,128. 2.00% of the stock is currently owned by company insiders.

Broadcom Price Performance

Shares of AVGO opened at $356.70 on Tuesday. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $374.23. The business’s fifty day moving average is $323.82 and its 200 day moving average is $264.90. The company has a quick ratio of 1.37, a current ratio of 1.50 and a debt-to-equity ratio of 0.86. The stock has a market cap of $1.68 trillion, a P/E ratio of 90.99, a P/E/G ratio of 1.80 and a beta of 1.20.

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

Broadcom Announces Dividend

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

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.