Slow Capital Inc. Sells 25,601 Shares of Broadcom Inc. $AVGO

Slow Capital Inc. lowered its holdings in Broadcom Inc. (NASDAQ:AVGO) by 12.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 174,806 shares of the semiconductor manufacturer’s stock after selling 25,601 shares during the period. Broadcom makes up 6.8% of Slow Capital Inc.’s holdings, making the stock its biggest holding. Slow Capital Inc.’s holdings in Broadcom were worth $57,670,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Longfellow Investment Management Co. LLC acquired a new stake in shares of Broadcom in the second quarter valued at $27,000. Legend Financial Advisors Inc. purchased a new stake in Broadcom during the 2nd quarter worth about $28,000. Teachers Insurance & Annuity Association of America acquired a new stake in Broadcom in the 2nd quarter valued at about $28,000. LGT Financial Advisors LLC purchased a new position in shares of Broadcom in the 2nd quarter valued at about $31,000. Finally, New England Capital Financial Advisors LLC acquired a new position in shares of Broadcom during the second quarter worth about $31,000. 76.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AVGO has been the topic of several analyst reports. Mizuho set a $480.00 target price on shares of Broadcom and gave the company an “outperform” rating in a report on Friday, January 9th. Susquehanna reissued a “positive” rating and issued a $450.00 price objective (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. Oppenheimer lifted their price objective on shares of Broadcom from $435.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Evercore ISI boosted their target price on shares of Broadcom from $342.00 to $403.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 15th. Finally, Morgan Stanley raised their price target on Broadcom from $443.00 to $462.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $438.61.

Insiders Place Their Bets

In other Broadcom news, Director Harry L. You bought 1,000 shares of the business’s stock in a transaction dated Thursday, December 18th. The shares were acquired at an average cost of $325.13 per share, with a total value of $325,130.00. Following the acquisition, the director directly owned 36,602 shares of the company’s stock, valued at $11,900,408.26. The trade was a 2.81% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Charlie B. Kawwas sold 1,928 shares of the stock in a transaction 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 sale, the insider owned 23,582 shares of the company’s stock, valued at approximately $7,730,179.60. This represents a 7.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 779,901 shares of company stock valued at $284,069,237. 2.00% of the stock is owned by insiders.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Large buying from high-profile investors supports demand: Cathie Wood’s ARK funds added over 143,000 AVGO shares, a vote of confidence that can buoy sentiment and flows. Cathie Wood Is Doubling Down on Broadcom Stock. Should You?
• Positive Sentiment: Analysts remain constructive — Broadcom has a consensus “Buy” rating from several street analysts, which helps support medium-term expectations. Broadcom Inc. (NASDAQ:AVGO) Receives Consensus Rating of “Buy” from Analysts
• Positive Sentiment: Industry tailwinds from TSMC and Meta AI spending bolster Broadcom’s long-term growth case as a “picks-and-shovels” supplier to AI infrastructure. Why Taiwan Semiconductor and Meta Could Be the Hidden Bull Case for Broadcom
• Neutral Sentiment: Coverage pieces highlighting Broadcom’s past shareholder returns and strategic moves (e.g., buyback and deal-driven value creation) provide context but are less likely to move the stock intraday. How Broadcom Stock Delivered $51 Billion In Shareholder Value
• Neutral Sentiment: Company commentary and market stories about connectivity expansion and forecasts suggest steady execution but don’t change near-term catalyst timing. Broadcom Inc (NASDAQ:AVGO) Nasdaq Today Signals Connectivity Expansion
• Neutral Sentiment: Macro/sector coverage (AI “picks-and-shovels” theme) is supportive but broad; timing of capex by large customers will ultimately determine revenue cadence. ORCL, MU and AVGO Forecast – Picks and Shovels of AI Look Strong
• Negative Sentiment: Operational/legal risk flagged by a lawsuit over Broadcom’s control of critical software: Fidelity settled a case alleging Broadcom threatened to cut access to software central to Fidelity’s systems — the episode highlights customer concentration and counterparty risk. Fidelity settles lawsuit over access to ‘business-critical’ Broadcom software
• Negative Sentiment: Some institutional selling and position trimming (e.g., Cypress Funds cutting its stake) increases supply pressure and can amplify short-term weakness. Cypress Funds Llc Cuts Broadcom Inc. Stake by 29K Shares
• Negative Sentiment: Technical/flow headwinds: the stock is below key moving averages and underperformed peers in recent sessions, which can pressure momentum and trigger additional selling. Broadcom Inc. stock underperforms Wednesday when compared to competitors

Broadcom Price Performance

Shares of AVGO opened at $320.12 on Monday. 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 Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The stock has a market cap of $1.52 trillion, a PE ratio of 67.25, a price-to-earnings-growth ratio of 1.06 and a beta of 1.21. The firm has a fifty day moving average price of $357.20 and a 200 day moving average price of $336.16.

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 company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $17.46 billion. During the same quarter last year, the company posted $1.42 earnings per share. The business’s quarterly revenue was up 28.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a $0.65 dividend. 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 yield of 0.8%. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio (DPR) is presently 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.