Encompass More Asset Management Cuts Stock Position in Broadcom Inc. $AVGO

Encompass More Asset Management decreased its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 82.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 783 shares of the semiconductor manufacturer’s stock after selling 3,633 shares during the quarter. Encompass More Asset Management’s holdings in Broadcom were worth $258,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Sawyer & Company Inc grew 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 in the last quarter. Longfellow Investment Management Co. LLC bought a new stake in shares of Broadcom in the 2nd quarter valued at approximately $27,000. Legend Financial Advisors Inc. purchased a new position in shares of Broadcom in the 2nd quarter worth approximately $28,000. Teachers Insurance & Annuity Association of America bought a new position in shares of Broadcom during the 2nd quarter valued at approximately $28,000. Finally, LGT Financial Advisors LLC bought a new position in shares of Broadcom during the 2nd quarter valued at approximately $31,000. Institutional investors own 76.43% of the company’s stock.

Broadcom Stock Down 1.1%

Shares of NASDAQ AVGO opened at $346.10 on Friday. 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 capitalization of $1.64 trillion, a price-to-earnings ratio of 72.71, a PEG ratio of 1.18 and a beta of 1.21. The stock has a 50 day moving average price of $363.03 and a 200 day moving average price of $326.65. Broadcom Inc. has a 52-week low of $138.10 and a 52-week 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, topping the consensus estimate of $1.87 by $0.08. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The company had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same period last year, the business posted $1.42 EPS. Broadcom’s quarterly revenue was up 28.2% on a year-over-year basis. Sell-side analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, December 22nd. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio (DPR) is currently 54.62%.

Analyst Upgrades and Downgrades

Several research firms have commented on AVGO. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a research note on Monday. Barclays reaffirmed an “overweight” rating and set a $500.00 price target (up from $450.00) on shares of Broadcom in a research note on Friday, December 12th. UBS Group set a $475.00 price objective on shares of Broadcom and gave the stock a “buy” rating in a research report on Monday, December 15th. Oppenheimer raised their price objective on shares of Broadcom from $435.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $430.00 target price (up previously from $375.00) on shares of Broadcom in a research note on Friday, December 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Broadcom presently has a consensus rating of “Buy” and a consensus target price of $436.33.

Insider Buying and Selling at Broadcom

In other news, CFO Kirsten M. Spears sold 3,714 shares of Broadcom stock in a transaction on Wednesday, December 17th. The stock was 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 approximately $100,709,216.23. This trade represents a 1.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Hock E. Tan sold 130,000 shares of Broadcom stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $326.02, for a total value of $42,382,600.00. Following the completion of the transaction, the chief executive officer owned 595,638 shares in the company, valued at $194,189,900.76. This trade represents a 17.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 650,701 shares of company stock worth $239,190,157. 2.00% of the stock is currently owned by company insiders.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is benefiting from outsized AI/data‑center demand; its custom AI accelerators are gaining customers (report cites Anthropic placing very large orders), supporting revenue visibility for 2026. This Super Semiconductor Stock Crushed Nvidia in 2025
• Positive Sentiment: Macro/sector pieces argue NVIDIA’s current demand is a follow‑on opportunity for Broadcom (networking, switches, interconnect), reinforcing the company’s long‑term TAM exposure to hyperscaler AI buildouts. Bristol Gate US equity strategy
• Positive Sentiment: Industry performance and prior quarter results (strong revenue beat, high margins, recent dividend raise) underpin analyst bullishness and higher price targets, which can support the stock despite short‑term noise. MarketBeat AVGO profile
• Neutral Sentiment: Market commentary highlights tech stocks attempting a New‑Year rally; sentiment is mixed and broad market moves may drive short‑term AVGO volatility rather than company‑specific news. NVDA, INTC and AVGO Forecast
• Neutral Sentiment: A comparative/small‑cap contrast piece mentions Broadcom but offers little incremental company‑specific catalyst — useful context but limited market impact. Contrasting Broadcom & Sono-Tek
• Negative Sentiment: Large insider selling: CEO Hock E. Tan and other executives have sold material positions (including a recent ~$34.6M reported sale and a 100,000‑share filing), which is weighing on sentiment and can pressure the stock even if some sales are for tax/diversification. Hock E Tan Takes Money Off The Table
• Negative Sentiment: Coverage noting Broadcom’s AI momentum also flags margin and competitive risks; post‑earnings questions about non‑AI guidance and gross margins continue to cap near‑term upside. Broadcom’s AI Momentum Vs. Margin Risks
• Negative Sentiment: Forbes and other analysts raise the possibility of a pullback — framing the debate over valuation (high P/E) and near‑term execution risks, which can reinforce selling pressure. Is Broadcom Stock Going To Weaken?

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.