Tobam Has $3.90 Million Stock Holdings in Broadcom Inc. $AVGO

Tobam trimmed its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 20.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,806 shares of the semiconductor manufacturer’s stock after selling 3,128 shares during the period. Broadcom accounts for approximately 1.4% of Tobam’s holdings, making the stock its 27th largest holding. Tobam’s holdings in Broadcom were worth $3,895,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of Broadcom by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock worth $133,261,046,000 after purchasing an additional 6,222,802 shares during the last quarter. State Street Corp lifted its stake in 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 acquiring an additional 873,963 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Broadcom by 2.1% in 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 acquiring an additional 2,226,585 shares in the last quarter. Norges Bank acquired a new position in Broadcom during the second quarter worth $18,579,549,000. Finally, Invesco Ltd. grew its holdings 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 currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Broadcom

In other news, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief financial officer owned 277,237 shares of the company’s stock, valued at $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 SEC, which is available at the SEC website. Also, CEO Hock E. Tan sold 130,000 shares of the firm’s stock in a transaction 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 directly owned 595,638 shares of the company’s stock, valued at $194,189,900.76. The trade was a 17.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 779,101 shares of company stock worth $283,804,325 over the last three months. Company insiders own 2.00% of the company’s stock.

Broadcom Stock Up 2.3%

Broadcom stock opened at $332.54 on Wednesday. The firm’s 50-day simple moving average is $340.88 and its 200 day simple moving average is $341.32. The stock has a market cap of $1.58 trillion, a PE ratio of 69.86, a price-to-earnings-growth ratio of 1.05 and a beta of 1.21. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71.

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, 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 analysts’ expectations of $17.46 billion. During the same quarter in the previous year, the firm earned $1.42 earnings per share. The business’s revenue was up 28.2% on a year-over-year basis. Research analysts predict that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders 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 represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s payout ratio is currently 54.62%.

Analysts Set New Price Targets

AVGO has been the subject of several research reports. UBS Group set a $475.00 price objective on shares of Broadcom and gave the stock a “buy” rating in a research report on Monday, December 15th. The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 target price on shares of Broadcom in a research report on Monday, January 5th. DA Davidson raised Broadcom to a “hold” rating in a report on Friday, February 13th. Wells Fargo & Company raised Broadcom from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $410.00 to $430.00 in a report on Thursday, January 15th. Finally, Mizuho set a $480.00 price target on Broadcom and gave the stock an “outperform” rating in a report on Friday, January 9th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $433.13.

Trending Headlines about Broadcom

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.