Broadcom Inc. $AVGO Position Lessened by Candriam S.C.A.

Candriam S.C.A. trimmed its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 8.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,440,554 shares of the semiconductor manufacturer’s stock after selling 126,704 shares during the quarter. Broadcom comprises about 2.5% of Candriam S.C.A.’s holdings, making the stock its 6th largest position. Candriam S.C.A.’s holdings in Broadcom were worth $475,253,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. JCIC Asset Management Inc. bought a new position in shares of Broadcom in the third quarter worth approximately $31,000. Longfellow Investment Management Co. LLC bought a new stake in Broadcom during the second quarter valued at approximately $27,000. Teachers Insurance & Annuity Association of America purchased a new position in Broadcom in the 2nd quarter worth approximately $28,000. Manning & Napier Advisors LLC bought a new position in shares of Broadcom in the 3rd quarter worth $34,000. Finally, LGT Financial Advisors LLC purchased a new stake in shares of Broadcom during the 2nd quarter valued at $31,000. 76.43% of the stock is currently owned by institutional investors.

Insider Activity at Broadcom

In other Broadcom news, CEO Hock E. Tan sold 70,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer owned 132,836 shares in the company, valued at approximately $46,133,942.80. The trade was a 34.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kirsten M. Spears sold 30,000 shares of the company’s stock in a transaction dated Wednesday, December 31st. The shares were 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 of the company’s stock, valued at approximately $96,428,573.34. This trade represents a 9.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 779,901 shares of company stock worth $284,069,237 over the last ninety days. Insiders own 2.00% of the company’s stock.

Broadcom Trading Up 0.7%

NASDAQ AVGO opened at $342.76 on Thursday. The firm has a market cap of $1.63 trillion, a PE ratio of 72.01, a price-to-earnings-growth ratio of 1.10 and a beta of 1.21. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The stock has a 50-day moving average of $346.17 and a 200-day moving average of $340.08. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76.

Broadcom (NASDAQ:AVGO) last posted 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. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The business had revenue of $18.02 billion for the quarter, compared to analyst estimates of $17.46 billion. During the same period last year, the company earned $1.42 EPS. Broadcom’s revenue for the quarter was up 28.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid a $0.65 dividend. 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 annualized dividend and a dividend yield of 0.8%. Broadcom’s payout ratio is presently 54.62%.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: UBS reiterates bullish view, saying Broadcom’s AI momentum should extend through 2028 and highlighting strong server demand that supports revenue durability even if near-term upside for consensus earnings is limited. UBS Remains Bullish on Broadcom
• Positive Sentiment: Broadcom launched Wi‑Fi 8 chips, extending its AI networking story into enterprise infrastructure — reinforcing product-led revenue drivers outside traditional data-center ASICs. Broadcom Wi Fi 8 Launch
• Positive Sentiment: Press and analysis (Barron’s) position Broadcom as the biggest competitive threat to Nvidia in certain AI chip segments, which supports a narrative of durable secular demand and potential market-share gains. Nvidia and Broadcom’s AI Chips
• Positive Sentiment: A U.S. large-cap growth strategy (SGA) publicly highlighted Broadcom as a core holding, signaling institutional conviction among growth managers. SGA Bets on Broadcom
• Neutral Sentiment: Short-interest reports in the feed appear to be erroneous (showing 0 shares / NaN change); no actionable short-squeeze signal is evident from these entries.
• Neutral Sentiment: Coverage pieces and comparison articles (e.g., vs. AMD, Zacks trending notes) are generating investor attention but mostly reiterate AI growth thematic exposure rather than new catalysts. Broadcom Vs. AMD
• Negative Sentiment: Several institutional managers trimmed positions — Morningstar Investment Management sharply cut its stake and Intermede trimmed holdings — which can add selling pressure and signal rebalancing at some funds. Morningstar Cuts Stake Intermede Trims Stake
• Negative Sentiment: Technical/commentary pieces warn of a “risky pattern” despite tailwinds, which may prompt momentum traders to be cautious or take profits. Risky Pattern Warning

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AVGO. Royal Bank Of Canada initiated coverage on shares of Broadcom in a report on Wednesday, January 14th. They set a “sector perform” rating and a $370.00 price objective for the company. Citigroup restated a “buy” rating on shares of Broadcom in a research report on Thursday, January 15th. Rosenblatt Securities upped their price objective on Broadcom from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Mizuho set a $480.00 price objective on Broadcom and gave the company an “outperform” rating in a research report on Friday, January 9th. Finally, Evercore raised their price objective on Broadcom from $342.00 to $403.00 and gave the company an “outperform” rating in a report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Broadcom presently has a consensus rating of “Buy” and a consensus price target of $437.28.

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.