Broadcom Inc. $AVGO Shares Sold by Coastal Bridge Advisors LLC

Posted by Defense World Staff on Feb 4th, 2026

Coastal Bridge Advisors LLC lowered its stake in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 9.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,981 shares of the semiconductor manufacturer’s stock after selling 1,912 shares during the period. Coastal Bridge Advisors LLC’s holdings in Broadcom were worth $6,262,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Traynor Capital Management Inc. grew its holdings in shares of Broadcom by 22.7% in the 3rd quarter. Traynor Capital Management Inc. now owns 176,435 shares of the semiconductor manufacturer’s stock worth $58,208,000 after acquiring an additional 32,655 shares during the period. AustralianSuper Pty Ltd raised its holdings in Broadcom by 17.4% during the third quarter. AustralianSuper Pty Ltd now owns 2,334,007 shares of the semiconductor manufacturer’s stock worth $770,012,000 after purchasing an additional 345,892 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Broadcom by 3.6% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,243,755 shares of the semiconductor manufacturer’s stock worth $1,070,147,000 after purchasing an additional 112,056 shares in the last quarter. RAM Investment Partners LLC grew its holdings in Broadcom by 85.7% in the third quarter. RAM Investment Partners LLC now owns 10,156 shares of the semiconductor manufacturer’s stock valued at $3,350,000 after purchasing an additional 4,688 shares during the last quarter. Finally, Rockline Wealth Management LLC increased its position in shares of Broadcom by 19.8% in the third quarter. Rockline Wealth Management LLC now owns 53,768 shares of the semiconductor manufacturer’s stock valued at $17,739,000 after buying an additional 8,902 shares in the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Mark David Brazeal sold 30,000 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the completion of the sale, the insider owned 210,573 shares of the company’s stock, valued at $73,094,099.76. This represents a 12.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Hock E. Tan sold 70,000 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total value of $24,311,000.00. Following the sale, the chief executive officer owned 132,836 shares in the company, valued at $46,133,942.80. The trade was a 34.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 779,901 shares of company stock valued at $284,069,237 over the last quarter. 2.00% of the stock is owned by company insiders.

Broadcom Trading Down 3.3%

NASDAQ:AVGO opened at $320.33 on Wednesday. The business’s 50-day moving average is $353.53 and its two-hundred day moving average is $338.61. The firm has a market capitalization of $1.52 trillion, a PE ratio of 67.30, a price-to-earnings-growth ratio of 1.10 and a beta of 1.21. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $414.61. 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 – Get Free Report) last released its quarterly 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. The firm had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $17.46 billion. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The firm’s quarterly revenue was up 28.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.42 EPS. Research analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were issued a $0.65 dividend. This is a boost 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 of this dividend was Monday, December 22nd. Broadcom’s dividend payout ratio is presently 54.62%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Rosenblatt Securities increased their price target on shares of Broadcom from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Piper Sandler reaffirmed an “overweight” rating and issued a $430.00 target price (up previously from $375.00) on shares of Broadcom in a research note on Friday, December 12th. Evercore ISI raised their price target on Broadcom from $342.00 to $403.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 15th. UBS Group set a $475.00 price target on Broadcom and gave the stock a “buy” rating in a report on Monday, December 15th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a research note on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $437.28.

Get Our Latest Stock Analysis on Broadcom

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom is repeatedly cited as a key beneficiary of the custom AI‑chip boom and strong AI semiconductor demand, supporting multi‑year revenue tailwinds. Broadcom and TSMC Emerge as ‘Big Winners’ in Custom AI Chip Boom
Positive Sentiment: Analyst sentiment remains supportive: institutional upgrades and Wall Street notes point to meaningful upside potential, which underpins medium‑term buyer interest. Wall Street Projects 38% Upside To Broadcom Inc. (AVGO)
Positive Sentiment: Zacks and other outlets flag Broadcom’s strong earnings‑surprise history and favorable setup to beat next quarterly numbers, which can support the stock into the March results. Will Broadcom Inc. (AVGO) Beat Estimates Again in Its Next Earnings Report?
Neutral Sentiment: Broadcom announced its fiscal Q1 results date (after the close on Mar. 4); investors will get fresh guidance and a near‑term catalyst then. Broadcom Inc. to Announce First Quarter Fiscal Year 2026 Financial Results on Wednesday, March 4, 2026
Neutral Sentiment: Market commentary and “buy‑the‑dip” pieces argue the pullback may be a buying opportunity given secular AI exposure, but these are opinion‑driven and hinge on near‑term execution. As Broadcom Shares Slide, Is AVGO Stock a Buy on the Dip?
Neutral Sentiment: Reported short‑interest notes show an apparent increase, but the published figures in recent feeds look inconsistent (zeros/NaN), so short‑interest impact is unclear and should be treated cautiously.
Negative Sentiment: Near‑term pressure: Broadcom shares moved lower on heavier volume today, suggesting profit‑taking and short‑term positioning are weighing on the stock despite the positive fundamental backdrop. Broadcom Inc. (AVGO) Declines More Than Market: Some Information for Investors

Broadcom Profile

(Free Report)

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.