Broadcom Inc. $AVGO Stock Position Raised by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. grew its holdings in Broadcom Inc. (NASDAQ:AVGO) by 25.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,883 shares of the semiconductor manufacturer’s stock after buying an additional 11,017 shares during the quarter. Broadcom comprises 2.3% of EFG Asset Management North America Corp.’s investment portfolio, making the stock its 4th biggest holding. EFG Asset Management North America Corp.’s holdings in Broadcom were worth $18,095,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of AVGO. Alta Wealth Advisors LLC purchased a new stake in shares of Broadcom in the 3rd quarter worth about $407,000. Bensler LLC lifted its holdings in shares of Broadcom by 14.0% in the third quarter. Bensler LLC now owns 30,649 shares of the semiconductor manufacturer’s stock valued at $10,111,000 after purchasing an additional 3,773 shares in the last quarter. Triton Financial Group Inc lifted its holdings in shares of Broadcom by 0.5% in the third quarter. Triton Financial Group Inc now owns 7,276 shares of the semiconductor manufacturer’s stock valued at $2,400,000 after purchasing an additional 34 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Broadcom in the third quarter valued at approximately $66,000. Finally, First Command Advisory Services Inc. increased its stake in shares of Broadcom by 13.9% during the 3rd quarter. First Command Advisory Services Inc. now owns 3,483 shares of the semiconductor manufacturer’s stock worth $1,149,000 after purchasing an additional 426 shares in the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Mizuho set a $480.00 target price on Broadcom and gave the company an “outperform” rating in a report on Friday, January 9th. Oppenheimer increased 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. Sanford C. Bernstein reissued an “outperform” rating and issued a $475.00 target price (up previously from $400.00) on shares of Broadcom in a research note on Friday, December 12th. Citigroup reaffirmed a “buy” rating on shares of Broadcom in a research note on Thursday, January 15th. Finally, Wolfe Research raised shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price objective for the company in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $437.28.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Hyperscalers are boosting AI capex and need networking and infrastructure to support GPU clusters — this strengthens demand for Broadcom’s switches, interconnects, and custom ASICs. Why Wall Street Is Betting Big on This Artificial Intelligence (AI) Infrastructure Stock
• Positive Sentiment: Bank of America and other sell‑side support: recent notes reiterating Buy ratings and price‑target upside reinforce institutional confidence and can sustain buying interest. Wall Street Projects 38% Upside To Broadcom Inc. (AVGO)
• Positive Sentiment: Industry research and analyst upgrades highlight market‑share gains in AI server ASIC design — supports long‑term revenue growth if Broadcom remains the preferred partner for hyperscalers. Broadcom Inc. (AVGO) Strengthens AI and Semiconductor Leadership with Analyst Upgrades and Market Share Gains
• Positive Sentiment: Dividend signal: Broadcom will pay a March dividend, which supports total‑return appeal for income‑focused investors. This Nvidia rival to pay 2026’s first dividend in March; Here’s how much 100 shares will earn
• Neutral Sentiment: Valuation and competition comparisons (Broadcom vs. Nvidia/AMD) are being widely debated — useful context but mixed implications depending on adoption of custom chips vs. GPUs. Better Artificial Intelligence (AI) Stock: Broadcom vs. Nvidia
• Neutral Sentiment: Macro/flow note: rotation into equal‑weight ETFs has affected tech leadership; AVGO’s performance will partly track broader tech sentiment and the Magnificent Seven dynamics. How Long Can Equal-Weighted ETFs Keep Outperforming the S&P 500? (AVGO)
• Negative Sentiment: Share pullback: AVGO has dropped roughly ~20% from its highs — raises short‑term risk and gives some investors a buying opportunity, but reflects profit‑taking/valuation concerns. Why This AI Stock’s Recent Pullback Could Be a Gift for Long-Term Investors
• Negative Sentiment: Competitive/critique pieces note Broadcom’s chips are testing but haven’t unseated Nvidia’s dominance and some analysts remain skeptical about the full investment case. Buzz about Broadcom’s custom chips is testing, but not breaking Nvidia’s dominance
• Negative Sentiment: Mixed media/critic commentary and technicals: some high‑profile commentators are cautious and the stock sits below its 50‑day moving average, indicating short‑term technical pressure. Broadcom’s AI Success Is Undeniable – The Investment Case Is Not

Broadcom Stock Performance

Shares of NASDAQ:AVGO opened at $331.30 on Monday. The business has a 50-day moving average of $355.76 and a two-hundred day moving average of $338.03. The firm has a market capitalization of $1.57 trillion, a PE ratio of 69.60, a P/E/G ratio of 1.10 and a beta of 1.21. 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 12 month low of $138.10 and a 12 month high of $414.61.

Broadcom (NASDAQ:AVGO) last issued its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $17.46 billion. During the same quarter in the previous year, the business earned $1.42 EPS. The company’s revenue for the quarter was up 28.2% on a year-over-year basis. As a group, research analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were given a $0.65 dividend. The ex-dividend date of this dividend 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 currently 54.62%.

Insider Buying and Selling at Broadcom

In related news, insider Mark David Brazeal sold 38,281 shares of the company’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 completion of the sale, the insider directly owned 266,494 shares of the company’s stock, valued at approximately $87,316,759.10. This represents a 12.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Henry Samueli sold 320,316 shares of the stock in a transaction on Monday, December 8th. The shares were sold at an average price of $400.53, for a total value of $128,296,167.48. Following the completion of the sale, the director owned 37,326,540 shares of the company’s stock, valued at approximately $14,950,399,066.20. This represents a 0.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 779,901 shares of company stock worth $284,069,237. 2.00% of the stock is currently owned by 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.