Broadcom Inc. $AVGO Shares Sold by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. trimmed its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 2.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 138,839 shares of the semiconductor manufacturer’s stock after selling 3,884 shares during the period. Broadcom makes up about 3.0% of Valley Wealth Managers Inc.’s holdings, making the stock its 3rd biggest position. Valley Wealth Managers Inc.’s holdings in Broadcom were worth $45,804,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of AVGO. Vanguard Group Inc. grew its stake in Broadcom by 1.3% in the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock valued at $133,261,046,000 after purchasing an additional 6,222,802 shares in the last quarter. State Street Corp raised its stake in shares of Broadcom by 0.5% during the 2nd quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock worth $51,071,601,000 after purchasing an additional 873,963 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Broadcom by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock valued at $29,827,649,000 after buying an additional 2,226,585 shares during the last quarter. Norges Bank bought a new stake in shares of Broadcom in the 2nd quarter valued at approximately $18,579,549,000. Finally, Invesco Ltd. grew its stake in shares of Broadcom by 8.4% in the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock valued at $10,598,641,000 after buying an additional 2,978,768 shares in the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Large Google AI capex boost lifts demand outlook for AI chips and infrastructure suppliers, benefiting Broadcom as a provider of networking, custom silicon and AI‑inference infrastructure. This was highlighted after Google’s earnings and guidance. Broadcom, Nvidia shares rise on surging Google capital expenditures for AI
• Positive Sentiment: An analyst raised their price target on Broadcom, reflecting stronger conviction in multi‑year AI and networking seculars; analyst upgrades/targets can support the stock and attract buyers. Why this analyst just raised their price target on Broadcom stock
• Positive Sentiment: Broadcom is being cited as a top compute/AI semiconductor play amid rising AI demand — a narrative that supports higher long‑term revenue and valuation expansion if the AI capex cycle persists. Broadcom (AVGO) Cited As Top Compute Stock Amid Strong AI Semiconductor Demand
• Positive Sentiment: Product news: Broadcom announced an enterprise Wi‑Fi 8 access point + switch solution positioned for AI workloads — expands addressable market in AI‑ready infrastructure and supports revenue diversification. Broadcom announces industry’s first enterprise Wi-Fi 8 access point and switch solution for the AI era
• Positive Sentiment: Several bullish research/commentary pieces (including projections of significant upside and inclusion on “top stocks” lists) keep the long‑term investor narrative constructive. These notes can underpin buying after pullbacks. Wall Street Projects 38% Upside To Broadcom Inc. (AVGO)
• Neutral Sentiment: Jim Cramer called Broadcom “a winner in this environment” but warned it may not be the best timing to buy — reinforces that the company has strong fundamentals while signaling some caution on short‑term entry points. Jim Cramer on Broadcom
• Neutral Sentiment: Analyst/market commentary asking whether the recent pullback is a buying opportunity — useful for timing decisions but not new company fundamentals. Is It Time To Reassess Broadcom (AVGO) After Its Recent Share Price Pullback?
• Negative Sentiment: Short‑term selling and a reported ~6% intraday plunge drove today’s downward move — articles questioning whether the AI trade is cracking reflect investor profit‑taking and volatility in high‑beta AI/semiconductor names. Broadcom stock plunges 6% today
• Negative Sentiment: Fresh headlines noting a larger than‑market daily decline and elevated intraday volume emphasize near‑term risk and may trigger momentum selling or options‑driven moves. Broadcom Inc. (AVGO) Declines More Than Market

Broadcom Stock Performance

AVGO opened at $308.05 on Thursday. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 0.76. The stock’s 50 day moving average price is $351.74 and its two-hundred day moving average price is $338.39. The firm has a market capitalization of $1.46 trillion, a P/E ratio of 64.72, a price-to-earnings-growth ratio of 1.03 and a beta of 1.21. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.08. The company had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.Broadcom’s revenue for the quarter was up 28.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.42 earnings per share. On average, equities analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The business 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 represents a $2.60 annualized dividend and a yield of 0.8%. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio (DPR) is 54.62%.

Wall Street Analyst Weigh In

AVGO has been the subject of a number of analyst reports. Evercore ISI lifted their target price on shares of Broadcom from $342.00 to $403.00 and gave the company an “outperform” rating in a research note on Wednesday, October 15th. Morgan Stanley raised their price target on shares of Broadcom from $443.00 to $462.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Citigroup reiterated a “buy” rating on shares of Broadcom in a report on Thursday, January 15th. Mizuho set a $480.00 target price on shares of Broadcom and gave the stock an “outperform” rating in a research report on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft set a $430.00 target price on Broadcom and gave the company a “buy” rating in a report on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $437.28.

Insider Activity at Broadcom

In related news, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the sale, the chief financial officer directly owned 277,237 shares of the company’s stock, valued at $96,428,573.34. This trade represents a 9.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark David Brazeal sold 38,281 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.65, for a total value of $12,542,769.65. Following the transaction, the insider owned 266,494 shares in the company, valued at $87,316,759.10. This represents a 12.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 779,901 shares of company stock worth $284,069,237. 2.00% of the stock is owned by company insiders.

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.