Seed Wealth Management Inc. Reduces Position in Broadcom Inc. $AVGO

Seed Wealth Management Inc. trimmed its position in Broadcom Inc. (NASDAQ:AVGO) by 22.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,030 shares of the semiconductor manufacturer’s stock after selling 2,050 shares during the quarter. Broadcom makes up 1.6% of Seed Wealth Management Inc.’s investment portfolio, making the stock its 14th largest position. Seed Wealth Management Inc.’s holdings in Broadcom were worth $2,319,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In related news, CFO Kirsten M. Spears sold 3,714 shares of Broadcom stock in a transaction 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 transaction, the chief financial officer directly owned 307,237 shares in the company, valued at $100,709,216.23. This trade represents a 1.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Charlie B. Kawwas sold 1,928 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were 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 $7,730,179.60. This represents a 7.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 524,780 shares of company stock valued at $195,499,150. 2.00% of the stock is owned by company insiders.

Broadcom Trading Up 0.5%

NASDAQ AVGO opened at $352.13 on Monday. The firm’s fifty day moving average is $362.74 and its two-hundred day moving average is $325.01. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. 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 firm has a market cap of $1.67 trillion, a PE ratio of 73.98, a P/E/G ratio of 1.21 and a beta of 1.19.

Broadcom (NASDAQ:AVGO) last announced its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.08. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same quarter in the prior year, the firm earned $1.42 earnings per share. The business’s quarterly revenue was up 28.2% compared to the same quarter last year. Analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The business also recently announced 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. This is an increase from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date is Monday, December 22nd. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is 54.62%.

Key Headlines Impacting Broadcom

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on AVGO shares. Macquarie assumed coverage on shares of Broadcom in a report on Monday, September 15th. They set an “outperform” rating and a $420.00 price objective on the stock. Rosenblatt Securities lifted their price target on shares of Broadcom from $400.00 to $440.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Cowen restated a “buy” rating on shares of Broadcom in a research note on Friday, December 12th. Benchmark raised their price objective on Broadcom from $385.00 to $485.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Finally, Bank of America lifted their target price on Broadcom from $460.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average 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.