World Investment Advisors Has $43.68 Million Holdings in Broadcom Inc. $AVGO

World Investment Advisors lifted its stake in Broadcom Inc. (NASDAQ:AVGO) by 0.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 158,445 shares of the semiconductor manufacturer’s stock after acquiring an additional 361 shares during the period. Broadcom makes up 1.0% of World Investment Advisors’ portfolio, making the stock its 14th largest holding. World Investment Advisors’ holdings in Broadcom were worth $43,675,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AVGO. Sawyer & Company Inc increased its holdings in shares of Broadcom by 62.1% during the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 36 shares during the period. Legend Financial Advisors Inc. acquired a new stake in Broadcom during the second quarter worth about $28,000. LGT Financial Advisors LLC bought a new position in Broadcom during the second quarter valued at about $31,000. Maseco LLP acquired a new position in Broadcom in the 2nd quarter valued at approximately $34,000. Finally, PFS Partners LLC raised its holdings in Broadcom by 38.4% in the 2nd quarter. PFS Partners LLC now owns 137 shares of the semiconductor manufacturer’s stock valued at $38,000 after acquiring an additional 38 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Broadcom

In other Broadcom news, Director Justine Page sold 800 shares of the business’s stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of $350.15, for a total value of $280,120.00. Following the transaction, the director owned 22,182 shares of the company’s stock, valued at approximately $7,767,027.30. The trade was a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark David Brazeal sold 16,558 shares of the firm’s stock in a transaction on Wednesday, September 17th. The shares were 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 owned 329,302 shares of the company’s stock, valued at approximately $114,468,668.22. This trade represents a 4.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders purchased 3,550 shares of company stock worth $1,227,869 and sold 665,271 shares worth $225,464,248. Insiders own 2.00% of the company’s stock.

Broadcom Stock Down 1.9%

AVGO opened at $362.55 on Tuesday. The firm has a market cap of $1.71 trillion, a price-to-earnings ratio of 92.49, a PEG ratio of 2.08 and a beta of 1.19. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.37 and a current ratio of 1.50. The firm’s 50-day simple moving average is $340.67 and its 200-day simple moving average is $285.47. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $386.48.

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

Broadcom Announces Dividend

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

Analyst Upgrades and Downgrades

AVGO has been the topic of a number of research reports. Wells Fargo & Company boosted their price objective on Broadcom from $255.00 to $345.00 and gave the company an “equal weight” rating in a research report on Friday, September 5th. Weiss Ratings upgraded shares of Broadcom from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. The Goldman Sachs Group reissued a “buy” rating and issued a $340.00 price target on shares of Broadcom in a report on Wednesday, August 13th. Mizuho set a $435.00 price objective on shares of Broadcom and gave the stock an “outperform” rating in a report on Tuesday, October 21st. Finally, Argus lifted their target price on shares of Broadcom from $285.00 to $375.00 and gave the company a “buy” rating in a research report on Monday, September 8th. Three analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $372.52.

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.