Aberdeen Group plc Has $1.40 Billion Stock Position in Broadcom Inc. $AVGO

Aberdeen Group plc decreased its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,283,323 shares of the semiconductor manufacturer’s stock after selling 39,131 shares during the quarter. Broadcom makes up approximately 2.2% of Aberdeen Group plc’s holdings, making the stock its 8th biggest holding. Aberdeen Group plc owned 0.09% of Broadcom worth $1,398,355,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Weil Company Inc. boosted its position in shares of Broadcom by 1.2% during the third quarter. Weil Company Inc. now owns 2,955 shares of the semiconductor manufacturer’s stock worth $975,000 after buying an additional 35 shares during the period. Berkshire Asset Management LLC PA increased its position in Broadcom by 2.5% in the 3rd quarter. Berkshire Asset Management LLC PA now owns 20,347 shares of the semiconductor manufacturer’s stock valued at $6,713,000 after acquiring an additional 497 shares during the period. GF Fund Management CO. LTD. raised its stake in Broadcom by 8.9% during the 3rd quarter. GF Fund Management CO. LTD. now owns 828,080 shares of the semiconductor manufacturer’s stock valued at $273,192,000 after acquiring an additional 67,450 shares in the last quarter. Murphy & Mullick Capital Management Corp boosted its position in Broadcom by 0.6% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 13,943 shares of the semiconductor manufacturer’s stock worth $4,659,000 after acquiring an additional 84 shares during the period. Finally, Mason & Associates Inc grew its stake in shares of Broadcom by 10.8% in the third quarter. Mason & Associates Inc now owns 6,705 shares of the semiconductor manufacturer’s stock worth $2,212,000 after purchasing an additional 651 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Wall Street analysts see sizable upside after the recent pullback, arguing Broadcom could rebound strongly from the selloff, which supports buy-side interest and limits further downside risk. Wall Street Sees 29% Upside for Broadcom After Recent Selloff
• Positive Sentiment: Soros Fund Management increased its stake in AVGO, signaling conviction from a large, well-known institutional investor — a bullish signal for long-term demand. Soros Fund Management boosts Broadcom stake with 102,379 shares
• Positive Sentiment: Product roadmap: Broadcom’s Wi‑Fi 8 push targets AI-ready enterprise upgrades — a strategic growth angle that supports medium-term revenue expansion in networking and AI infrastructure. Broadcom Wi-Fi 8 Launch Targets AI Ready Enterprise Network Upgrades
• Neutral Sentiment: Analyst consensus remains a “Buy,” reflecting continued sell‑side support even as the name trades off — this provides a floor for investor expectations. Broadcom Inc. (NASDAQ:AVGO) Given Consensus Recommendation of “Buy” by Analysts
• Neutral Sentiment: Reported short‑interest data appears negligible/erroneous (shows zero), so short-selling pressure is not a clear driver of today’s move. (Low informational value.)
• Negative Sentiment: Hedge fund trimming: Bowie Capital cut its Broadcom stake, which can pressure the tape and signal tactical profit‑taking among active managers. Bowie Capital Management Cuts Broadcom Stake by 72,863 Shares
• Negative Sentiment: Competitive/valuation pressure: analyst comparisons favor NVIDIA over Broadcom on valuation and data‑center dominance, which can divert AI‑money away from AVGO and weigh on multiple expansion. NVIDIA vs. Broadcom: Which AI Chip Stock Is the Better Buy Now?
• Negative Sentiment: Some coverage flags that Broadcom’s AI/Wi‑Fi 8 push is already being used to test valuation and growth expectations — raising investor scrutiny on whether future results justify current multiples. Broadcom’s AI Wi Fi 8 Push Tests Valuation And Growth Expectations

Insider Buying and Selling

In other Broadcom news, Director Harry L. You purchased 1,000 shares of the stock in a transaction dated Thursday, December 18th. The shares were acquired at an average price of $325.13 per share, for a total transaction of $325,130.00. Following the completion of the acquisition, the director owned 36,602 shares of the company’s stock, valued at $11,900,408.26. This represents a 2.81% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kirsten M. Spears sold 30,000 shares of the company’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total value 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. The trade was a 9.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 779,101 shares of company stock valued at $283,804,325. 2.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

AVGO has been the topic of a number of recent analyst reports. UBS Group set a $475.00 price objective on shares of Broadcom and gave the company a “buy” rating in a research note on Monday, December 15th. Bank of America raised their target price on shares of Broadcom from $460.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, December 12th. TD Cowen reaffirmed a “buy” rating on shares of Broadcom in a research note on Friday, December 12th. JPMorgan Chase & Co. increased their price objective on shares of Broadcom from $400.00 to $475.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Finally, Susquehanna reissued a “positive” rating and set a $450.00 target price (up previously from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $433.87.

Broadcom Trading Down 1.8%

Shares of NASDAQ AVGO opened at $325.17 on Tuesday. The business has a fifty day simple moving average of $342.36 and a 200-day simple moving average of $341.02. The company has a market cap of $1.54 trillion, a price-to-earnings ratio of 68.31, a P/E/G ratio of 1.05 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 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 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 firm had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same quarter in the previous year, the company earned $1.42 EPS. The business’s revenue for the quarter was up 28.2% compared to the same quarter last year. Sell-side analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a $0.65 dividend. The ex-dividend date was Monday, December 22nd. This is an increase 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 is currently 54.62%.

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.