Amplius Wealth Advisors LLC Sells 3,455 Shares of Broadcom Inc. $AVGO

Amplius Wealth Advisors LLC lowered its position in Broadcom Inc. (NASDAQ:AVGO) by 32.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,047 shares of the semiconductor manufacturer’s stock after selling 3,455 shares during the period. Amplius Wealth Advisors LLC’s holdings in Broadcom were worth $2,325,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Broadcom by 1.3% in the second 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 increased its holdings in Broadcom by 0.5% during the second quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock valued at $51,071,601,000 after buying an additional 873,963 shares during the last quarter. Geode Capital Management LLC increased its holdings in Broadcom by 2.1% during the second quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock valued at $29,827,649,000 after buying an additional 2,226,585 shares during the last quarter. Norges Bank bought a new position in Broadcom in the second quarter worth approximately $18,579,549,000. Finally, Invesco Ltd. boosted its stake in shares of Broadcom by 8.4% during the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock worth $10,598,641,000 after acquiring an additional 2,978,768 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: BofA named Broadcom among top chip stocks to “ride the wave,” reinforcing institutional conviction that AVGO will benefit from continued AI and data‑center spending. Nvidia, Broadcom, AMD among BofA’s top chip stocks to ‘ride the wave’
• Positive Sentiment: Product catalyst — Broadcom launched a unified Wi‑Fi 8 platform aimed at enabling seamless AI experiences in homes, which expands addressable markets in connectivity/edge AI and supports future revenue streams. Broadcom Launches Unified Wi-Fi 8 Platform for Seamless AI Experiences in Homes
• Positive Sentiment: Analyst/coverage momentum and inclusion on AI stock watchlists (e.g., Motley Fool) are lifting consensus targets and keep demand steady from growth‑oriented funds — a bullish backdrop for medium‑term upside. 3 Best Artificial Intelligence Stocks to Buy in January
• Positive Sentiment: InsiderTrades/MarketBeat note institutional accumulation continued entering 2026 despite some insider profit‑taking, which supports the view that large holders are positioning for Broadcom’s custom ASIC/GPU growth. The AI Tech Paradox: Insiders Sell, the Case for Buying Gets Stronger (AVGO)
• Neutral Sentiment: Zacks and other outlets flag AVGO as a trending/buy candidate but focus on timing and valuation — useful for investors evaluating entry points but not new fundamental news. Is Trending Stock Broadcom Inc. (AVGO) a Buy Now?
• Neutral Sentiment: Valuation reviews and analyst pieces assessing recent share‑price softness are keeping trading volatile until next earnings/guidance provide clarity; this increases short‑term uncertainty. Broadcom (AVGO): Assessing Valuation After Recent Share Price Softness and Multi‑Year Run
• Negative Sentiment: Seeking Alpha warns the AI hype may not justify current multiples — a direct valuation critique that can amplify downside if revenue/guidance disappoint. Broadcom: The AI Hype Can’t Sustain This Price
• Negative Sentiment: CFO Kirsten Spears sold 30,000 shares (SEC filing), a sizeable insider sale that may create short‑term selling pressure or investor questions about timing, even if described as routine monetization. SEC Form 4 — Kirsten M. Spears

Insider Transactions at Broadcom

In related news, Director Henry Samueli sold 320,316 shares of the company’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $400.53, for a total transaction of $128,296,167.48. Following the completion of the transaction, the director owned 37,326,540 shares in the company, valued at approximately $14,950,399,066.20. This represents a 0.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark David Brazeal sold 38,281 shares of the firm’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $327.65, for a total transaction of $12,542,769.65. Following the transaction, the insider directly owned 266,494 shares of the company’s stock, valued at $87,316,759.10. The trade was a 12.56% 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 have sold 680,701 shares of company stock valued at $249,624,757. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

AVGO has been the subject of several analyst reports. Susquehanna restated a “positive” rating and issued a $450.00 price objective (up from $400.00) on shares of Broadcom in a research note on Thursday, December 4th. UBS Group set a $475.00 target price on Broadcom and gave the company a “buy” rating in a research report on Monday, December 15th. Wall Street Zen raised Broadcom from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Truist Financial upped their price target on Broadcom from $500.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Finally, Evercore ISI lifted their price objective on Broadcom from $342.00 to $403.00 and gave the company an “outperform” rating in a research report on Wednesday, October 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Broadcom currently has a consensus rating of “Buy” and an average price target of $436.89.

Broadcom Price Performance

Shares of Broadcom stock opened at $343.77 on Wednesday. The company has a market capitalization of $1.63 trillion, a price-to-earnings ratio of 72.22, a PEG ratio of 1.16 and a beta of 1.21. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 0.76. The stock’s 50-day simple moving average is $361.95 and its 200-day simple moving average is $329.71. Broadcom Inc. has a 52 week low of $138.10 and a 52 week high of $414.61.

Broadcom (NASDAQ:AVGO) last released its earnings results 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 firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter last year, the business posted $1.42 earnings per share. The firm’s revenue was up 28.2% on a year-over-year basis. As a group, analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were given a dividend of $0.65 per share. The ex-dividend date was 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 0.8%. Broadcom’s dividend payout ratio (DPR) is 54.62%.

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.