Rep. David Taylor Sells Broadcom Inc. (NASDAQ:AVGO) Shares

Representative David Taylor (R-Ohio) recently sold shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on January 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in Broadcom stock on January 8th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/9/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/8/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 1/8/2026.
• Sold $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 1/8/2026.
• Purchased $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 1/8/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 12/10/2025.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 12/10/2025.
• Purchased $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 12/10/2025.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 12/3/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 12/3/2025.

Broadcom Stock Performance

AVGO opened at $325.49 on Friday. The firm has a market cap of $1.54 trillion, a P/E ratio of 68.38, a PEG ratio of 1.09 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 company has a 50 day simple moving average of $357.64 and a two-hundred day simple moving average of $334.99. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58.

Broadcom (NASDAQ:AVGO) last released its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.08. The company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $17.46 billion. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. Broadcom’s revenue for the quarter was up 28.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.42 EPS. Equities analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a $0.65 dividend. 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 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is currently 54.62%.

Institutional Investors Weigh In On Broadcom

Several large investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Broadcom in the second quarter worth $18,579,549,000. Vanguard Group Inc. lifted its holdings in shares of Broadcom by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock worth $133,261,046,000 after acquiring an additional 6,222,802 shares during the last quarter. Edgewood Management LLC purchased a new position in shares of Broadcom during the 2nd quarter worth about $1,571,438,000. Arrowstreet Capital Limited Partnership grew its holdings in Broadcom by 499.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,634,232 shares of the semiconductor manufacturer’s stock valued at $1,858,789,000 after purchasing an additional 4,694,313 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in Broadcom by 115.5% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,017,340 shares of the semiconductor manufacturer’s stock valued at $1,658,680,000 after purchasing an additional 3,224,739 shares during the last quarter. 76.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wall Street Zen raised Broadcom from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Oppenheimer raised their target price on shares of Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Benchmark lifted their price target on shares of Broadcom from $385.00 to $485.00 and gave the company a “buy” rating in a report on Friday, December 12th. UBS Group set a $475.00 price objective on shares of Broadcom and gave the company a “buy” rating in a report on Monday, December 15th. Finally, Deutsche Bank Aktiengesellschaft set a $430.00 price objective on Broadcom and gave the company a “buy” rating in a research report on Friday, December 12th. Two investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $438.61.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Cathie Wood’s ARK funds materially increased AVGO exposure (added ~143k shares), a high-profile vote of confidence that can attract momentum and retail flows. Cathie Wood Is Doubling Down on Broadcom Stock. Should You?
• Positive Sentiment: Analysts remain largely bullish and consensus ratings sit at “Buy,” supporting institutional conviction and serving as a potential floor for the shares. Broadcom Inc. (NASDAQ:AVGO) Receives Consensus Rating of “Buy” from Analysts
• Positive Sentiment: Industry tailwinds from TSMC and Meta point to sustained AI-accelerator and custom-chip demand — a direct revenue driver for Broadcom’s ASIC/accelerator business. Upcoming Meta capex guidance is a key potential catalyst. Why Taiwan Semiconductor and Meta Could Be the Hidden Bull Case for Broadcom
• Positive Sentiment: Macro/sector pieces highlight Broadcom as a “picks-and-shovels” AI beneficiary alongside peers (Oracle, Micron), reinforcing secular demand arguments. ORCL, MU and AVGO Forecast – Picks and Shovels of AI Look Strong
• Neutral Sentiment: Company narrative and strategy pieces (connectivity expansion) reiterate Broadcom’s product breadth — supportive long-term, but not an immediate earnings surprise. Broadcom Inc (NASDAQ:AVGO) Nasdaq Today Signals Connectivity Expansion
• Neutral Sentiment: Analyses celebrating past shareholder returns ($51B delivered) improve sentiment but are backward-looking and less likely to move the stock near term. How Broadcom Stock Delivered $51 Billion In Shareholder Value
• Negative Sentiment: Some institutional selling: Cypress Funds trimmed its Broadcom stake, signaling selective profit-taking among hedge funds. Cypress Funds Llc Cuts Broadcom Inc Stake by 29K Shares
• Negative Sentiment: Share-price underperformance and recent intra-day dips relative to peers are prompting short-term technical selling and volatility; this is weighing on the stock despite positive fundamentals. Broadcom Inc. stock underperforms Wednesday when compared to competitors

Insiders Place Their Bets

In other Broadcom news, insider Charlie B. Kawwas sold 1,928 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $327.80, for a total transaction of $631,998.40. Following the completion of the transaction, the insider owned 23,582 shares in the company, valued at $7,730,179.60. The trade was a 7.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Mark David Brazeal sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total value of $10,413,600.00. Following the transaction, the insider directly owned 210,573 shares in the company, valued at approximately $73,094,099.76. This represents a 12.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 779,901 shares of company stock valued at $284,069,237 over the last quarter. Corporate insiders own 2.00% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.