Broadcom Inc. $AVGO Shares Acquired by Apollon Wealth Management LLC

Apollon Wealth Management LLC increased its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 1.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 264,971 shares of the semiconductor manufacturer’s stock after buying an additional 2,946 shares during the period. Broadcom comprises approximately 1.6% of Apollon Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding. Apollon Wealth Management LLC’s holdings in Broadcom were worth $87,416,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AVGO. Sawyer & Company Inc raised its position 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 last quarter. Longfellow Investment Management Co. LLC acquired a new stake in Broadcom in the 2nd quarter worth about $27,000. Legend Financial Advisors Inc. purchased a new stake in Broadcom during the 2nd quarter worth approximately $28,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of Broadcom during the second quarter valued at approximately $28,000. Finally, LGT Financial Advisors LLC purchased a new position in shares of Broadcom in the second quarter valued at approximately $31,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Insider Activity

In other Broadcom news, CFO Kirsten M. Spears sold 3,714 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.79, for a total transaction of $1,217,412.06. Following the completion of the transaction, the chief financial officer owned 307,237 shares of the company’s stock, valued at $100,709,216.23. This trade represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Harry L. You purchased 1,000 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were bought at an average price of $325.13 per share, with a total value of $325,130.00. Following the completion of the transaction, the director owned 36,602 shares of the company’s stock, valued at approximately $11,900,408.26. The trade was a 2.81% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders sold 650,701 shares of company stock worth $239,190,157. 2.00% of the stock is currently owned by corporate insiders.

Broadcom Stock Up 0.1%

Shares of NASDAQ AVGO opened at $349.85 on Wednesday. The company has a market capitalization of $1.66 trillion, a P/E ratio of 73.50, a P/E/G ratio of 1.19 and a beta of 1.19. 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 company has a 50 day simple moving average of $362.88 and a 200-day simple moving average of $326.38. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data 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 firm had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The firm’s quarterly revenue was up 28.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.42 earnings per share. On average, equities research analysts predict 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. Stockholders of record on Monday, December 22nd will be issued a dividend of $0.65 per share. The ex-dividend date is Monday, December 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio (DPR) is currently 54.62%.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Strong analyst conviction — multiple firms have reiterated Buy/Overweight ratings and raised price targets, supporting upside expectations and institutional demand. Broadcom Inc. (AVGO) up 51% YTD, Wall Street Still Sees 31% Upside
• Positive Sentiment: Sector tailwind from AI infrastructure — commentary on NVIDIA’s Groq deal highlights that as AI shifts from training to inference, networking and data‑center suppliers like Broadcom stand to benefit. The Lazy Way to Play NVIDIA’s $20B Groq Deal
• Positive Sentiment: Dividend increase and strong fundamentals — Broadcom recently raised its quarterly payout and continues to report outsized margins and revenue growth, which supports the long‑term income/quality case. MarketBeat: AVGO profile & dividend details
• Neutral Sentiment: Insider selling is heavy but partly explained — several late‑Dec Form 4s reflect RSU tax‑withholding or diversification through exchange funds, which reduces the outright negative signal for most sales. Broadcom’s Insider Selling: A Big Red Flag, or Business as Usual?
• Neutral Sentiment: Technical/market‑momentum questions — chart studies note the rally may be losing directional momentum, which can increase short‑term volatility despite the longer‑term bull case. Broadcom Stock: Is The Rally Losing Directional Momentum?
• Negative Sentiment: Large discretionary insider sales (CEO Hock Tan and other officers) — material reductions by executives draw investor scrutiny and can weigh on sentiment even when there are stated diversification/tax reasons. SEC Form 4: Hock Tan sale
• Negative Sentiment: Post‑earnings margin/guidance concerns — the Dec. earnings beat was followed by a sharp pullback as investors parsed flat non‑AI guidance and gross‑margin questions, which can cap near‑term upside. Post‑earnings selloff analysis

Wall Street Analyst Weigh In

AVGO has been the subject of several research reports. Macquarie assumed coverage on Broadcom in a research report on Monday, September 15th. They set an “outperform” rating and a $420.00 price target for the company. Susquehanna reaffirmed a “positive” rating and set a $450.00 target price (up previously from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Robert W. Baird set a $420.00 target price on shares of Broadcom in a research report on Friday, December 12th. Raymond James Financial set a $420.00 price target on shares of Broadcom and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a research note on Monday. Three research 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 company’s stock. According to data from MarketBeat.com, 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.