Broadcom Inc. $AVGO Shares Purchased by Salomon & Ludwin LLC

Salomon & Ludwin LLC raised its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 73.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,930 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,668 shares during the quarter. Salomon & Ludwin LLC’s holdings in Broadcom were worth $1,330,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Sawyer & Company Inc grew its stake 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 purchasing an additional 36 shares in the last quarter. Longfellow Investment Management Co. LLC bought a new position in Broadcom during the 2nd quarter worth approximately $27,000. Legend Financial Advisors Inc. bought a new position in Broadcom during the 2nd quarter worth approximately $28,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of Broadcom in the 2nd quarter worth approximately $28,000. Finally, LGT Financial Advisors LLC bought a new stake in shares of Broadcom in the 2nd quarter valued at approximately $31,000. Institutional investors own 76.43% of the company’s stock.

Insider Activity at Broadcom

In other Broadcom news, CEO Hock E. Tan sold 130,000 shares of the business’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $326.02, for a total transaction of $42,382,600.00. Following the sale, the chief executive officer directly owned 595,638 shares in the company, valued at approximately $194,189,900.76. The trade was a 17.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Charlie B. Kawwas sold 1,928 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $327.80, for a total transaction of $631,998.40. Following the sale, the insider owned 23,582 shares in the company, valued at $7,730,179.60. This trade represents a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 680,701 shares of company stock valued at $249,624,757. 2.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

AVGO has been the subject of a number of research reports. Citigroup reaffirmed a “buy” rating and issued a $480.00 price objective (up previously from $415.00) on shares of Broadcom in a report on Friday, December 12th. Sanford C. Bernstein restated an “outperform” rating and issued a $475.00 price target (up from $400.00) on shares of Broadcom in a research report on Friday, December 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a research report on Monday, December 29th. JPMorgan Chase & Co. increased their price objective on shares of Broadcom from $400.00 to $475.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Finally, Cowen restated a “buy” rating on shares of Broadcom in a research note on Friday, December 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $436.89.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: BofA names Broadcom among top chip stocks to “ride the wave,” signaling strong institutional conviction that AVGO benefits from the AI/data‑center cycle and should capture ongoing infrastructure spending. Nvidia, Broadcom, AMD among BofA’s top chip stocks to ‘ride the wave’
• Positive Sentiment: Analysts and coverage upgrades are pushing consensus targets higher (InsiderTrades/MarketBeat cite an early‑January consensus near $437), supporting a multi‑quarter growth view driven by custom ASICs/GPUs and software/platform revenue. This underpins longer‑term upside even if near‑term churn occurs. The AI Tech Paradox: Insiders Sell, the Case for Buying Gets Stronger (AVGO)
• Positive Sentiment: Broadcom appears on several “top AI stocks” lists (e.g., The Motley Fool), which highlights investor interest in Broadcom’s custom AI chip opportunity and keeps demand for the shares among growth‑oriented funds. 3 Best Artificial Intelligence Stocks to Buy in January
• Neutral Sentiment: Valuation reviews are active after a multi‑year run and recent pullback; analysts and outlets are assessing whether current levels reflect the growth outlook or warrant further consolidation — this keeps trading volatile until earnings/guidance clarity. Broadcom (AVGO): Assessing Valuation After Recent Share Price Softness and Multi‑Year Run
• Negative Sentiment: CFO Kirsten M. Spears sold 30,000 shares (disclosed in an SEC filing), a sizable opportunistic insider sale that can amplify short‑term downside as investors parse whether sales are routine compensation monetization or signaling near‑term allocation. SEC Form 4 — Kirsten M. Spears

Broadcom Price Performance

NASDAQ AVGO opened at $343.42 on Tuesday. The company has a 50-day moving average price of $362.53 and a two-hundred day moving average price of $329.05. Broadcom Inc. has a 52 week low of $138.10 and a 52 week high of $414.61. The stock has a market cap of $1.63 trillion, a price-to-earnings ratio of 72.15, a price-to-earnings-growth ratio of 1.17 and a beta of 1.21. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (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 business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the firm posted $1.42 earnings per share. The business’s revenue was up 28.2% on a year-over-year basis. Analysts forecast that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

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

Broadcom 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.