BI Asset Management Fondsmaeglerselskab A S Cuts Holdings in Broadcom Inc. $AVGO

BI Asset Management Fondsmaeglerselskab A S cut its holdings in Broadcom Inc. (NASDAQ:AVGO) by 21.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 711,932 shares of the semiconductor manufacturer’s stock after selling 193,360 shares during the period. Broadcom makes up approximately 2.1% of BI Asset Management Fondsmaeglerselskab A S’s portfolio, making the stock its 7th biggest position. BI Asset Management Fondsmaeglerselskab A S’s holdings in Broadcom were worth $231,891,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AVGO. SBI Securities Co. Ltd. boosted its position in shares of Broadcom by 9.4% during the 3rd quarter. SBI Securities Co. Ltd. now owns 60,726 shares of the semiconductor manufacturer’s stock valued at $20,034,000 after purchasing an additional 5,198 shares in the last quarter. Gallacher Capital Management LLC increased its holdings in Broadcom by 3.3% in the third quarter. Gallacher Capital Management LLC now owns 1,359 shares of the semiconductor manufacturer’s stock worth $448,000 after purchasing an additional 43 shares in the last quarter. Savant Capital LLC lifted its stake in Broadcom by 8.1% in the third quarter. Savant Capital LLC now owns 114,798 shares of the semiconductor manufacturer’s stock valued at $37,873,000 after buying an additional 8,608 shares during the period. Flynn Zito Capital Management LLC boosted its holdings in shares of Broadcom by 1.8% during the 3rd quarter. Flynn Zito Capital Management LLC now owns 5,256 shares of the semiconductor manufacturer’s stock worth $1,734,000 after buying an additional 93 shares in the last quarter. Finally, Machina Capital S.A.S. boosted its holdings in shares of Broadcom by 1.9% during the 3rd quarter. Machina Capital S.A.S. now owns 22,795 shares of the semiconductor manufacturer’s stock worth $7,520,000 after buying an additional 416 shares in the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Broadcom

In other Broadcom news, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total value of $10,434,600.00. Following the transaction, the chief financial officer owned 277,237 shares of the company’s stock, valued at approximately $96,428,573.34. The trade was a 9.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Hock E. Tan sold 70,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $347.30, for a total value of $24,311,000.00. Following the completion of the transaction, the chief executive officer owned 132,836 shares of the company’s stock, valued at $46,133,942.80. This trade represents a 34.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 779,901 shares of company stock valued at $284,069,237 in the last ninety days. 2.00% of the stock is owned by corporate insiders.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Hyperscaler CapEx jump supports multi‑year demand for Broadcom’s AI chips — Google and Meta signaled much larger 2026 CapEx plans, which investors view as direct upside to Broadcom’s TAM for TPUs/MTIA and other data‑center products. Broadcom and Nvidia Stocks Rise. How Google’s AI Spending Will Boost the Chip Makers.
• Positive Sentiment: Broad market tech rebound led by chip names boosted AVGO — a Friday surge in large‑cap semiconductors helped lift Broadcom as investors bought the dip after recent tech weakness. Dow jumps 1,000 points as Nvidia, Broadcom spark tech-led market comeback
• Positive Sentiment: Momentum narrative: Broadcom framed as a “Mag Seven” gatecrasher — positive press around Broadcom’s ability to challenge AI‑heavy megacap performance added to buying interest. Broadcom Rallies 6% to Challenge Magnificent Seven Dominance on Wall Street
• Positive Sentiment: Analyst upgrade/support — Zacks moved Broadcom to a stronger rating, providing a fresh catalyst and third‑party validation for buyers. Zacks.com
• Neutral Sentiment: ETF flows and index construction may add steady demand — new ETFs and factor funds that include AVGO can create incremental bid but are not immediate earnings drivers. Big Tech Core: New Burney ETF Packs Apple, Nvidia, Google, Broadcom Punch
• Neutral Sentiment: Contrarian views and valuation debate continue — some analysts argue the market still misprices AVGO; useful for medium/long‑term investors but mixed for near‑term trading. Broadcom: The Market Is Likely Getting It Wrong
• Negative Sentiment: Short‑term pullback concerns and analyst caution — recent coverage highlights that AVGO had pulled back earlier, and some analysts flag downside/earnings sensitivity, which keeps volatility elevated. Broadcom Stock Is Pulling Back. Here’s What Analysts Expect Next.
• Negative Sentiment: Periodic profit‑taking and headline volatility — several outlets explain why AVGO has traded down at times this week, underscoring that sentiment swings around AI narratives can reverse quickly. Broadcom (AVGO) stock trades down, here is why

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. TD Cowen reiterated a “buy” rating on shares of Broadcom in a research note on Friday, December 12th. Benchmark raised their price target on shares of Broadcom from $385.00 to $485.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Susquehanna reaffirmed a “positive” rating and issued a $450.00 price target (up from $400.00) on shares of Broadcom in a research note on Thursday, December 4th. Zacks Research raised shares of Broadcom from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Finally, Wells Fargo & Company upgraded Broadcom from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $410.00 to $430.00 in a research note on Thursday, January 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $437.28.

Broadcom Stock Up 7.1%

Shares of NASDAQ:AVGO opened at $332.49 on Monday. The business’s 50 day moving average is $348.59 and its 200 day moving average is $339.31. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61. The stock has a market cap of $1.58 trillion, a price-to-earnings ratio of 69.85, a PEG ratio of 1.07 and a beta of 1.21. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 0.76.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data 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 net margin of 36.20% and a return on equity of 37.45%. The firm had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the firm earned $1.42 EPS. The business’s revenue for the quarter was up 28.2% compared to the same quarter last year. On average, sell-side analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is 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.