Broadcom Inc. $AVGO Shares Acquired by Florida Financial Advisors LLC

Florida Financial Advisors LLC grew its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 37.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,546 shares of the semiconductor manufacturer’s stock after purchasing an additional 6,174 shares during the quarter. Broadcom comprises approximately 2.3% of Florida Financial Advisors LLC’s investment portfolio, making the stock its 8th largest position. Florida Financial Advisors LLC’s holdings in Broadcom were worth $7,440,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Broadcom by 1.3% during 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 acquiring an additional 6,222,802 shares during the last quarter. State Street Corp lifted its stake in shares of Broadcom by 0.5% in the 2nd quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock valued at $51,071,601,000 after purchasing an additional 873,963 shares during the period. Geode Capital Management LLC boosted its position 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 purchasing an additional 2,226,585 shares in the last quarter. Norges Bank bought a new stake in shares of Broadcom during the 2nd quarter valued at about $18,579,549,000. Finally, Invesco Ltd. grew its stake in Broadcom by 8.4% during the second quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock worth $10,598,641,000 after purchasing an additional 2,978,768 shares during the period. 76.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AVGO shares. UBS Group set a $475.00 price target on Broadcom and gave the stock a “buy” rating in a report on Monday, December 15th. Deutsche Bank Aktiengesellschaft set a $430.00 target price on shares of Broadcom and gave the stock a “buy” rating in a research note on Friday, December 12th. Sanford C. Bernstein restated an “outperform” rating and issued a $475.00 price target (up from $400.00) on shares of Broadcom in a report on Friday, December 12th. Mizuho set a $480.00 price target on shares of Broadcom and gave the company an “outperform” rating in a research note on Friday, January 9th. Finally, Morgan Stanley increased their price objective on shares of Broadcom from $443.00 to $462.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $433.87.

Broadcom Stock Performance

Shares of Broadcom stock opened at $325.17 on Tuesday. Broadcom Inc. has a 52 week low of $138.10 and a 52 week 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. The business has a 50 day moving average price of $342.36 and a 200-day moving average price of $341.02. The company has a market cap of $1.54 trillion, a PE ratio of 68.31, a price-to-earnings-growth ratio of 1.05 and a beta of 1.21.

Broadcom (NASDAQ:AVGO) last announced 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 during the quarter, compared to the consensus estimate of $17.46 billion. During the same quarter in the prior year, the company posted $1.42 earnings per share. Broadcom’s revenue was up 28.2% compared to the same quarter last year. Equities analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The company 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. This is an increase from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio is currently 54.62%.

Key Headlines 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 Activity

In other Broadcom news, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction that occurred on 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 owned 277,237 shares of the company’s stock, valued at $96,428,573.34. This trade represents a 9.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Hock E. Tan sold 130,000 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $326.02, for a total value of $42,382,600.00. Following the completion of the transaction, the chief executive officer owned 595,638 shares in the company, valued at $194,189,900.76. The trade was a 17.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 779,101 shares of company stock valued at $283,804,325 over the last ninety days. Company insiders own 2.00% of the company’s stock.

Broadcom 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.