Capstone Wealth Management Group LLC Makes New $13.43 Million Investment in Broadcom Inc. $AVGO

Capstone Wealth Management Group LLC acquired a new stake in Broadcom Inc. (NASDAQ:AVGO) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 40,695 shares of the semiconductor manufacturer’s stock, valued at approximately $13,426,000. Broadcom comprises approximately 8.1% of Capstone Wealth Management Group LLC’s holdings, making the stock its 3rd largest position.

A number of other hedge funds and other institutional investors have also modified their holdings of AVGO. Norges Bank acquired a new stake in Broadcom during the 2nd quarter valued at approximately $18,579,549,000. Vanguard Group Inc. boosted its stake in shares of Broadcom by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock valued at $133,261,046,000 after buying an additional 6,222,802 shares during the last quarter. Edgewood Management LLC acquired a new stake in shares of Broadcom during the second quarter worth approximately $1,571,438,000. Massachusetts Financial Services Co. MA increased its stake in shares of Broadcom by 115.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,017,340 shares of the semiconductor manufacturer’s stock worth $1,658,680,000 after buying an additional 3,224,739 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Broadcom by 8.4% in the second quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock valued at $10,598,641,000 after acquiring an additional 2,978,768 shares in the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Broadcom news, Director Henry Samueli sold 320,316 shares of the business’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $400.53, for a total transaction of $128,296,167.48. Following the completion of the transaction, the director directly owned 37,326,540 shares of the company’s stock, valued at $14,950,399,066.20. The trade was a 0.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Kirsten M. Spears sold 30,000 shares of the company’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 completion of the transaction, the chief financial officer 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 position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 779,101 shares of company stock worth $283,804,325. 2.00% of the stock is owned by insiders.

Broadcom Stock Performance

Shares of NASDAQ AVGO opened at $318.82 on Tuesday. 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 firm’s 50-day moving average price is $335.88 and its two-hundred day moving average price is $342.81. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61. The stock has a market capitalization of $1.51 trillion, a P/E ratio of 66.98, a P/E/G ratio of 1.02 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 for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the firm earned $1.42 EPS. The business’s quarterly revenue was up 28.2% on a year-over-year basis. As a group, sell-side analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a $0.65 dividend. The ex-dividend date was Monday, December 22nd. This is a positive change 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%. Broadcom’s dividend payout ratio (DPR) is 54.62%.

Analysts Set New Price Targets

Several brokerages have weighed in on AVGO. UBS Group set a $475.00 price objective on shares of Broadcom and gave the stock a “buy” rating in a report on Monday, December 15th. Rosenblatt Securities lifted their price target on Broadcom from $400.00 to $440.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Mizuho set a $480.00 price objective on Broadcom and gave the company an “outperform” rating in a research note on Friday, January 9th. 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 report on Friday, January 30th. Finally, Oppenheimer boosted their price target on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $432.13.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom announced shipping of a 2nm custom compute SoC for AI clusters and launched BroadPeak, a radio DFE SoC targeting 5G Advanced/6G — moves that reinforce revenue exposure to AI data centers and telecom infrastructure, supporting long‑term growth expectations. Article Title
• Positive Sentiment: Robert W. Baird reiterated a Buy rating on AVGO, highlighting confidence in Broadcom’s multi‑year AI and software-driven profit trajectory — a supportive analyst endorsement for holders. Article Title
• Positive Sentiment: Several bullish takes (e.g., Seeking Alpha, The Motley Fool) argue the shares are attractively priced ahead of earnings given expected AI revenue ramp — a narrative that can attract value and growth buyers into the print. Article Title
• Neutral Sentiment: Pre‑earnings preview pieces note AI revenue is set to double in fiscal Q1 2026, but warn of margin pressure and stretched valuation — useful context that makes the upcoming quarterly report a short‑term catalyst. Article Title
• Neutral Sentiment: An analyst note on Marvell flags that Broadcom could take share in some segments — that competitive dynamic underscores why investors monitor Broadcom’s product wins and customer traction closely. Article Title
• Neutral Sentiment: Short‑interest reporting in the dataset is inconsistent/zeroed out for March, so there’s no clear short‑squeeze signal from the published figures today.
• Negative Sentiment: Royal Bank of Canada cut its price target to $340 and moved to “sector perform,” which introduces immediate downward pressure by reducing the consensus upside and signaling near‑term valuation concerns. Article Title
• Negative Sentiment: Technical/valuation headwinds: AVGO trades below its 50‑ and 200‑day moving averages and carries a high P/E (~57), which can amplify selling on any disappointing earnings or margin commentary. (Background market data)

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.