ABN Amro Investment Solutions Cuts Stock Position in Broadcom Inc. $AVGO

ABN Amro Investment Solutions lowered its position in Broadcom Inc. (NASDAQ:AVGO) by 29.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 368,177 shares of the semiconductor manufacturer’s stock after selling 152,151 shares during the period. Broadcom makes up approximately 2.5% of ABN Amro Investment Solutions’ investment portfolio, making the stock its 6th biggest holding. ABN Amro Investment Solutions’ holdings in Broadcom were worth $121,465,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Assetmark Inc. increased its holdings in Broadcom by 2.4% during the 2nd quarter. Assetmark Inc. now owns 1,703,487 shares of the semiconductor manufacturer’s stock worth $469,566,000 after purchasing an additional 39,466 shares during the period. Capital Counsel LLC NY purchased a new stake in shares of Broadcom during the second quarter worth approximately $221,000. Waterloo Capital L.P. raised its holdings in Broadcom by 7.0% in the second quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer’s stock valued at $13,331,000 after acquiring an additional 3,180 shares in the last quarter. Providence First Trust Co lifted its stake in Broadcom by 1,099.3% in the third quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer’s stock worth $2,944,000 after acquiring an additional 8,179 shares during the last quarter. Finally, RiverFront Investment Group LLC grew its holdings in Broadcom by 107.6% during the 2nd quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer’s stock worth $4,555,000 after acquiring an additional 8,566 shares in the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on AVGO shares. DA Davidson raised shares of Broadcom to a “hold” rating in a research report on Friday, February 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $450.00 price target on shares of Broadcom in a report on Monday, January 5th. Royal Bank Of Canada began coverage on Broadcom in a research report on Wednesday, January 14th. They set a “sector perform” rating and a $370.00 price objective for the company. Wolfe Research raised Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 target price on the stock in a research report on Friday, January 30th. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $475.00 target price (up previously from $400.00) on shares of Broadcom in a research note on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $433.13.

Broadcom Trading Up 2.3%

NASDAQ:AVGO opened at $332.54 on Wednesday. The company has a market capitalization of $1.58 trillion, a PE ratio of 69.86, a P/E/G ratio of 1.05 and a beta of 1.21. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61. The stock’s 50 day moving average price is $340.88 and its 200 day moving average price is $341.32. 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 for the quarter, beating the consensus estimate of $1.87 by $0.08. The business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The company’s revenue was up 28.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.42 earnings per share. On average, research analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

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

Insiders Place Their Bets

In related news, CFO Kirsten M. Spears sold 30,000 shares of the firm’s 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 owned 277,237 shares of the company’s stock, valued at $96,428,573.34. This trade represents a 9.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Charlie B. Kawwas sold 1,928 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.80, for a total value of $631,998.40. Following the completion of the transaction, the insider owned 23,582 shares in the company, valued at $7,730,179.60. This trade represents a 7.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 779,101 shares of company stock valued at $283,804,325. 2.00% of the stock is owned by insiders.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Wall Street note sees upside — some brokers argue the recent selloff creates a buying opportunity and project roughly ~29% upside as AI/data‑center tailwinds reassert. Read More.
• Positive Sentiment: Product catalyst: Broadcom launched Wi‑Fi 8 positioned for “AI‑ready” enterprise upgrades — a favorable development for recurring enterprise networking revenue exposure. Read More.
• Positive Sentiment: Analyst consensus is bullish — surveys show a “Buy” consensus on AVGO, supporting investor confidence. Read More.
• Neutral Sentiment: Market breadth lift — Broadcom is benefiting from a broader Nasdaq advance and rotation into AI/large‑cap tech names today, which can amplify price moves independent of company‑specific news. Read More.
• Neutral Sentiment: Valuation review pieces note that recent pullback and AI momentum make AVGO worth reassessing — these analyses outline upside if growth sustains but stop short of new convictions. Read More.
• Neutral Sentiment: Dividend/ETF coverage mentions Broadcom as a tech income play in some dividend ETF discussions — supportive for longer‑term holders but not an immediate price driver. Read More.
• Neutral Sentiment: Short‑interest reports in the feed show anomalous zero/NaN values for February — data looks unreliable and shouldn’t be interpreted as a material shift in positioning. (Data entries 2/16–2/17)
• Negative Sentiment: Valuation concerns remain — some coverage explicitly acknowledges Broadcom’s AI relevance but warns the stock trades at a premium that could limit near‑term upside. Read More.
• Negative Sentiment: Peer comparison headwind — analyst pieces comparing NVDA vs AVGO favor NVIDIA on valuation and data‑center dominance, which could divert incremental AI multiple expansion away from Broadcom. Read More.

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.