C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Cuts Holdings in Broadcom Inc. $AVGO

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors decreased its stake in Broadcom Inc. (NASDAQ:AVGO) by 45.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,262 shares of the semiconductor manufacturer’s stock after selling 8,463 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Broadcom were worth $3,386,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Sawyer & Company Inc lifted its stake in Broadcom by 62.1% during 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 during the last quarter. Longfellow Investment Management Co. LLC purchased a new position in shares of Broadcom during the 2nd quarter valued at about $27,000. Legend Financial Advisors Inc. bought a new stake in Broadcom in the 2nd quarter worth approximately $28,000. Teachers Insurance & Annuity Association of America bought a new stake in Broadcom in the 2nd quarter worth approximately $28,000. Finally, LGT Financial Advisors LLC purchased a new stake in Broadcom in the second quarter worth approximately $31,000. 76.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AVGO has been the topic of several research reports. Cowen reissued a “buy” rating on shares of Broadcom in a research note on Friday, December 12th. Morgan Stanley increased their target price on shares of Broadcom from $443.00 to $462.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Truist Financial boosted their price target on shares of Broadcom from $500.00 to $510.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Mizuho raised their price objective on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Finally, Robert W. Baird set a $420.00 price objective on Broadcom in a report on Friday, December 12th. Three research 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, Broadcom presently has an average rating of “Buy” and an average target price of $436.89.

Broadcom Stock Performance

Broadcom stock opened at $343.77 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. The firm has a market cap of $1.63 trillion, a P/E ratio of 72.22, a P/E/G ratio of 1.16 and a beta of 1.21. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The firm has a 50-day moving average of $361.95 and a 200-day moving average of $329.71.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results 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 business had revenue of $18.02 billion during the quarter, compared to analyst estimates of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.Broadcom’s quarterly revenue was up 28.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.42 EPS. Sell-side analysts expect that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.8%. This is an increase from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio (DPR) is presently 54.62%.

Key Stories Impacting Broadcom

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 Buying and Selling at Broadcom

In other news, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the sale, the chief financial officer owned 277,237 shares of the company’s stock, valued at approximately $96,428,573.34. The trade was a 9.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Hock E. Tan sold 130,000 shares of the stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $326.02, for a total transaction of $42,382,600.00. Following the completion of the transaction, the chief executive officer directly owned 595,638 shares of the company’s stock, valued at approximately $194,189,900.76. The trade was a 17.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 680,701 shares of company stock worth $249,624,757. 2.00% of the stock is owned by corporate insiders.

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.