Mutual Advisors LLC Grows Position in Broadcom Inc. $AVGO

Mutual Advisors LLC grew its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 11.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,204 shares of the semiconductor manufacturer’s stock after purchasing an additional 6,985 shares during the quarter. Broadcom makes up about 0.5% of Mutual Advisors LLC’s portfolio, making the stock its 27th biggest holding. Mutual Advisors LLC’s holdings in Broadcom were worth $23,826,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC purchased a new position in shares of Broadcom in the 2nd quarter valued at about $27,000. Teachers Insurance & Annuity Association of America acquired a new stake in Broadcom in the second quarter valued at approximately $28,000. LGT Financial Advisors LLC purchased a new stake in shares of Broadcom in the second quarter valued at approximately $31,000. New England Capital Financial Advisors LLC acquired a new position in shares of Broadcom during the 2nd quarter worth approximately $31,000. Finally, JCIC Asset Management Inc. acquired a new position in shares of Broadcom during the 3rd quarter worth approximately $31,000. 76.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Mark David Brazeal sold 38,281 shares of the company’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 completion of the sale, the insider owned 266,494 shares of the company’s stock, valued at approximately $87,316,759.10. This represents a 12.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, 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 transaction, the chief financial officer directly owned 277,237 shares in the company, valued at $96,428,573.34. This trade represents a 9.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 779,901 shares of company stock worth $284,069,237. 2.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

AVGO has been the subject of several recent analyst reports. Wells Fargo & Company raised shares of Broadcom from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $410.00 to $430.00 in a report on Thursday, January 15th. Robert W. Baird set a $420.00 target price on shares of Broadcom in a research note on Friday, December 12th. Truist Financial raised their price target on shares of Broadcom from $500.00 to $510.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Piper Sandler reiterated an “overweight” rating and issued a $430.00 price objective (up from $375.00) on shares of Broadcom in a report on Friday, December 12th. Finally, Evercore ISI increased their target price on Broadcom from $342.00 to $403.00 and gave the company an “outperform” rating in a report on Wednesday, October 15th. Three 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 company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $437.28.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Hyperscaler AI capex ramp — Strong capital‑expenditure guidance from Alphabet and Meta increases expected demand for Broadcom’s custom AI chips and datacenter silicon, supporting revenue outlook for 2026 and beyond. Recent coverage highlights this direct linkage as a primary bullish catalyst. Alphabet’s AI Spending Story
• Positive Sentiment: Analyst upgrade — Zacks moved AVGO from “hold” to “strong‑buy,” a near‑term catalyst that can attract momentum money and validate the upside case for investors. Zacks Upgrade
• Positive Sentiment: Product and partnership momentum — Broadcom announced enterprise Wi‑Fi 8 access point and switch solutions and continues to be cited as a co‑developer of hyperscaler accelerators (TPUs/MTIA), reinforcing its role in the AI supply chain. Wi‑Fi 8 Product Announcement
• Neutral Sentiment: Analyst/peer context — Several pieces compare AVGO to semiconductor peers and re‑rate targets; these provide useful valuation context but don’t change the core demand story. Investors should watch forward EPS/PE multiples in these reports. Peer Comparison
• Neutral Sentiment: Media commentary — High‑profile bullish commentary (e.g., Jim Cramer) supports sentiment but includes caveats about timing; market‑wide volatility may mute immediate follow‑through. Cramer Commentary
• Negative Sentiment: Recent share pullback and volatility — AVGO has declined meaningfully from its recent highs (including a sharp intraday drop reported by some outlets), reflecting profit‑taking, rotational flows out of growth tech and stretched valuation concerns after last year’s surge. Recent Pullback Coverage
• Negative Sentiment: Mixed market backdrop — Futures and sector rotation headlines are creating two‑way trading; broader tech profit‑taking can pressure AVGO even if company‑specific fundamentals remain strong. Market Futures

Broadcom Stock Performance

AVGO opened at $310.51 on Friday. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. The firm has a market capitalization of $1.47 trillion, a PE ratio of 65.23, a PEG ratio of 0.99 and a beta of 1.21. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. The firm’s 50-day moving average price is $350.00 and its 200 day moving average price is $338.20.

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

Broadcom Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. This is an increase from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, December 22nd. Broadcom’s dividend payout ratio is presently 54.62%.

Broadcom Company 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.