Broadcom Inc. $AVGO is Foresight Capital Management Advisors Inc.’s 7th Largest Position

Foresight Capital Management Advisors Inc. cut its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 13.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,610 shares of the semiconductor manufacturer’s stock after selling 2,819 shares during the quarter. Broadcom makes up approximately 3.3% of Foresight Capital Management Advisors Inc.’s holdings, making the stock its 7th largest holding. Foresight Capital Management Advisors Inc.’s holdings in Broadcom were worth $5,810,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Broadcom by 1.3% in the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock valued at $133,261,046,000 after acquiring an additional 6,222,802 shares in the last quarter. State Street Corp increased its position in shares of Broadcom by 0.5% in the 2nd quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock worth $51,071,601,000 after purchasing an additional 873,963 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Broadcom by 2.1% in the 2nd quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock valued at $29,827,649,000 after purchasing an additional 2,226,585 shares in the last quarter. Norges Bank bought a new position in shares of Broadcom during the second quarter worth about $18,579,549,000. Finally, Invesco Ltd. grew its stake in Broadcom by 8.4% in the second quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock worth $10,598,641,000 after purchasing an additional 2,978,768 shares in the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Analysts and brokerages are turning bullish — multiple firms have issued upgrades and high price targets (median ~ $450), and some outlets report a consensus “Buy” recommendation, supporting near-term buying interest. Deutsche Bank Is Bullish On Broadcom Inc. (AVGO)
• Positive Sentiment: Heavy AI backlog and Q4 beat underpin growth thesis — coverage highlights a roughly $73B AI order backlog and a strong fiscal Q4 revenue beat, bolstering expectations for multi-year AI-driven revenue and custom silicon demand. Quiver Quant AI backlog and earnings discussion
• Positive Sentiment: Macro/industry bulls see upside from next‑gen AI rollouts — firms like Cantor Fitzgerald and others flag Broadcom as a key beneficiary of upcoming AI infrastructure upgrades. Cantor Fitzgerald: Nvidia and Broadcom May Explode on Next-Gen AI Rollout
• Neutral Sentiment: Institutional flows and positioning are mixed — large moves (e.g., UBS adding a sizeable stake) and many funds adjusting positions mean liquidity and ownership are shifting, which can amplify volatility but also supports longer-term conviction. Quiver Quant institutional moves
• Neutral Sentiment: Positive media/long‑term narratives continue — multiple bullish writeups and inclusion in high-profile investor baskets boost visibility but may already be priced in after a strong YTD run. Seeking Alpha coverage
• Negative Sentiment: Post‑earnings selloff and margin warning continue to weigh — despite record Q4 results, the stock plunged mid‑December after management signaled margin pressure and gave flat non‑AI revenue cues; that skepticism remains a drag on sentiment. 247WallSt post‑earnings analysis
• Negative Sentiment: Insider selling is heavy — public filings show extensive insider sales in recent months, which some investors view as a negative signal even though a few insiders made purchases. Quiver Quant insider trading summary

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AVGO. Wells Fargo & Company upped their price objective on Broadcom from $255.00 to $345.00 and gave the company an “equal weight” rating in a research note on Friday, September 5th. Mizuho boosted their price target on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Cowen restated a “buy” rating on shares of Broadcom in a research note on Friday, December 12th. Bank of America lifted their price objective on shares of Broadcom from $460.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Finally, The Goldman Sachs Group set a $435.00 target price on shares of Broadcom and gave the stock a “buy” rating in a report on Tuesday, November 25th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $436.33.

Broadcom Stock Performance

AVGO stock opened at $352.13 on Monday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. The stock has a market capitalization of $1.67 trillion, a price-to-earnings ratio of 73.98, a PEG ratio of 1.21 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 stock’s fifty day moving average is $362.74 and its two-hundred day moving average is $325.01.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, topping the consensus estimate 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 net margin of 36.20% and a return on equity of 37.45%. The company’s quarterly revenue was up 28.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.42 earnings per share. On average, research analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a $0.65 dividend. The ex-dividend date is Monday, December 22nd. This is an increase from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is 54.62%.

Insider Activity at Broadcom

In other news, insider Charlie B. Kawwas sold 1,928 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $327.80, for a total transaction of $631,998.40. Following the completion of the transaction, the insider directly owned 23,582 shares in the company, valued at approximately $7,730,179.60. The trade was a 7.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Kirsten M. Spears sold 3,714 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $327.79, for a total value of $1,217,412.06. Following the completion of the sale, the chief financial officer owned 307,237 shares in the company, valued at approximately $100,709,216.23. This represents a 1.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 524,780 shares of company stock valued at $195,499,150. Company insiders own 2.00% of the company’s stock.

Broadcom Company 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.