CCM Investment Advisers LLC Sells 7,984 Shares of Broadcom Inc. $AVGO

CCM Investment Advisers LLC cut its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 6.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,493 shares of the semiconductor manufacturer’s stock after selling 7,984 shares during the period. Broadcom comprises approximately 3.6% of CCM Investment Advisers LLC’s investment portfolio, making the stock its 2nd largest holding. CCM Investment Advisers LLC’s holdings in Broadcom were worth $36,123,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Sawyer & Company Inc raised its position in Broadcom by 62.1% in the second quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 36 shares during the period. Longfellow Investment Management Co. LLC purchased a new stake in shares of Broadcom during the second quarter worth $27,000. Legend Financial Advisors Inc. purchased a new stake in Broadcom during the 2nd quarter worth about $28,000. Teachers Insurance & Annuity Association of America bought a new position in shares of Broadcom in the second quarter valued at approximately $28,000. Finally, LGT Financial Advisors LLC bought a new position in Broadcom in the 2nd quarter valued at $31,000. Institutional investors own 76.43% of the company’s stock.

Insiders Place Their Bets

In related news, Director Harry L. You bought 1,000 shares of the business’s stock in a transaction dated Thursday, December 18th. The shares were purchased at an average price of $325.13 per share, with a total value of $325,130.00. Following the purchase, the director owned 36,602 shares of the company’s stock, valued at approximately $11,900,408.26. This trade represents a 2.81% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Charlie B. Kawwas sold 1,928 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.80, for a total transaction of $631,998.40. Following the transaction, the insider owned 23,582 shares in the company, valued at $7,730,179.60. This represents a 7.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 893,577 shares of company stock valued at $320,119,344 over the last quarter. 2.00% of the stock is owned by company insiders.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Truist raised its price target on AVGO to $510 (from $500), helping underpin today’s upside from analyst momentum. Truist Lifts PT on Broadcom Inc. (AVGO) to $510 From $500
• Positive Sentiment: Analysts and commentators are highlighting AI-driven growth: Seeking Alpha reports Broadcom is forecasting >150% AI revenue and ~60% FCF growth for FY2026 — a thesis that supports higher forward multiples. Broadcom: Expecting Over 150% AI Revenue And 60% FCF Growth For FY2026 (Upgrade)
• Positive Sentiment: Broadcom raised its dividend (alongside peers), a signal of cash-flow strength that can attract income-focused investors. Broadcom Just Raised Its Dividend—But It’s Not the Only One Signaling Strength (AVGO)
• Positive Sentiment: Insider buying: director Harry L. You purchased 1,000 shares at ~$325 — a small but positive signal of insider conviction. SEC Filing – Harry L. You Purchase
• Positive Sentiment: Broad positive media/TV commentary (Jim Cramer, feature pieces) and multiple price-target raises have created momentum among retail and institutional buyers. Jim Cramer Shows a Bullish Sentiment Toward Broadcom
• Neutral Sentiment: Deep-dive pieces on Broadcom’s international revenue mix and options activity may influence longer-term models but are not immediate price catalysts. International Markets and Broadcom Inc. (AVGO): A Deep Dive for Investors
• Neutral Sentiment: Reports flagged unusually large options activity and upgrade-related trading; these can amplify intraday moves but don’t change fundamentals. Broadcom (AVGO) Trading Higher on Analyst Upgrade
• Negative Sentiment: CEO Hock E. Tan sold 130,000 shares (~$42.4M at ~$326), reducing his stake ~17.9% — a large insider sale that can spook investors. SEC Filing – Hock E. Tan Sale
• Negative Sentiment: Other insiders (including Mark Brazeal and senior finance officers) have sold shares in recent days, adding to the negative signal from insider activity. Mark David Brazeal Sells 38,281 Shares of Broadcom
• Negative Sentiment: Price weakness since the Dec. 11 Q4 results — ~19% decline noted in coverage — keeps some investors on the sidelines despite the beat, feeding more negative sentiment. Broadcom Inc. (AVGO) Down 19% Since Q4 2025 Results, Here’s Why
• Negative Sentiment: Valuation concerns: Barron’s and other outlets flagged Broadcom as potentially overvalued entering 2026, which could cap upside if macro/AI expectations cool. Broadcom, Circle, and 8 More Stocks That Look Overvalued for 2026

Broadcom Stock Up 0.4%

NASDAQ AVGO opened at $341.83 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. The stock has a market capitalization of $1.62 trillion, a PE ratio of 71.81, a PEG ratio of 1.17 and a beta of 1.19. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61. The business’s 50-day moving average is $362.68 and its 200 day moving average is $322.10.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.08. The business had revenue of $18.02 billion during 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%.Broadcom’s quarterly revenue was up 28.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.42 EPS. Sell-side analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be paid a $0.65 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. Broadcom’s payout ratio is 49.58%.

Analyst Ratings Changes

Several brokerages have issued reports on AVGO. Sanford C. Bernstein reiterated an “outperform” rating and set a $475.00 target price (up from $400.00) on shares of Broadcom in a research report on Friday, December 12th. Raymond James Financial set a $420.00 target price on shares of Broadcom and gave the company an “outperform” rating in a report on Thursday, November 20th. Cowen reiterated a “buy” rating on shares of Broadcom in a research report on Friday, December 12th. Weiss Ratings restated a “buy (b-)” rating on shares of Broadcom in a research report on Monday, December 15th. Finally, Argus raised their price objective on Broadcom from $285.00 to $375.00 and gave the company a “buy” rating in a research note on Monday, September 8th. Three equities research 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 company. According to data from MarketBeat.com, Broadcom presently has a consensus rating of “Buy” and an average price target of $436.33.

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.