Sen. Shelley Moore Capito Buys Broadcom Inc. (NASDAQ:AVGO) Stock

Senator Shelley Moore Capito (Republican-West Virginia) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on March 04th, the Senator disclosed that they had bought between $1,001 and $15,000 in Broadcom stock on February 9th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 2/10/2026.
• Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 2/10/2026.
• Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 1/28/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Kellanova (NYSE:K) on 12/11/2025.

Broadcom Stock Performance

Broadcom stock opened at $317.53 on Thursday. Broadcom Inc. has a twelve month low of $138.10 and a twelve 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. The company has a market capitalization of $1.51 trillion, a P/E ratio of 66.71, a PEG ratio of 1.00 and a beta of 1.22. The stock’s 50 day moving average is $334.52 and its 200 day moving average is $342.68.

Broadcom (NASDAQ:AVGO) last released its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.02. The firm had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The company’s quarterly revenue was up 29.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.60 earnings per share. On average, equities research analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were given a $0.65 dividend. 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 an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s payout ratio is presently 54.62%.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 results beat estimates — Broadcom reported non-GAAP EPS of $2.05 and revenue of $19.31B (up ~29% YoY), beating consensus and showing strong margin and cash-generation metrics; this underpins today’s upside reaction. Broadcom Q1 Results & Guidance Press Release
• Positive Sentiment: Second-quarter revenue guide topped expectations — management guided Q2 revenue around $22.0B versus ~ $20.4B consensus, signaling continued demand for data-center and AI-related products. Reuters: Broadcom forecasts Q2 revenue above estimates
• Positive Sentiment: AI revenue surge and capital return boost — Broadcom said AI-related revenue more than doubled and unveiled a new $10B share repurchase program plus a $0.65 quarterly dividend, both supportive of EPS and buyback-driven shareholder returns. FXEmpire: Broadcom jumps after hours on earnings beat, AI outlook
• Neutral Sentiment: Analyst coverage and price-target dispersion — Wall Street remains largely constructive (multiple buy/outperform ratings and a median ~ $450 target), which supports medium-term upside, though targets vary. Quiver: Analyst ratings, targets and institutional flows
• Neutral Sentiment: Macro/market backdrop is supportive — broader markets moved higher as geopolitical risk fears eased today, which helped sentiment into earnings season. Zacks: Markets close higher as Iran fears abate
• Negative Sentiment: Insider selling and CEO pay scrutiny — filings and reporting show large insider sales and a reported CEO pay package that has drawn attention; such governance headlines can weigh on sentiment for some investors. Quiver: CEO 2025 pay revealed
• Negative Sentiment: Valuation and recent price weakness — AVGO entered the quarter trading below its highs and some outlets/analysts have flagged valuation and momentum concerns despite the beat, leaving upside contingent on sustained AI demand. AmericanBankingNews: RBC issues pessimistic forecast

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AVGO. Oppenheimer upped their target price on shares of Broadcom from $435.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. The Goldman Sachs Group reissued a “buy” rating and issued a $450.00 target price on shares of Broadcom in a report on Monday, January 5th. Truist Financial upped their price target on Broadcom from $500.00 to $510.00 and gave the company a “buy” rating in a report on Friday, December 19th. Rosenblatt Securities lifted their price objective on Broadcom from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Finally, Bank of America raised their price target on shares of Broadcom from $460.00 to $500.00 and gave the company a “buy” rating in a report on Friday, December 12th. Two 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 company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $432.13.

Insider Buying and Selling

In other Broadcom news, Director Harry L. You bought 1,000 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was purchased at an average cost of $325.13 per share, with a total value of $325,130.00. Following the completion of the acquisition, the director owned 36,602 shares in the company, valued at $11,900,408.26. This trade represents a 2.81% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark David Brazeal sold 30,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the sale, the insider directly owned 210,573 shares in the company, valued at approximately $73,094,099.76. The trade was a 12.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 779,101 shares of company stock valued at $283,804,325 in the last ninety days. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank bought a new position in Broadcom in the 4th quarter worth approximately $24,252,196,000. Cardano Risk Management B.V. boosted its position in shares of Broadcom by 895.2% during the fourth quarter. Cardano Risk Management B.V. now owns 12,689,800 shares of the semiconductor manufacturer’s stock worth $4,391,940,000 after acquiring an additional 11,414,701 shares during the last quarter. Vanguard Group Inc. grew its stake 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 in the last quarter. Edgewood Management LLC purchased a new stake in Broadcom in the 2nd quarter worth $1,571,438,000. Finally, State Street Corp boosted its holdings in shares of Broadcom by 2.7% during the 4th quarter. State Street Corp now owns 190,084,351 shares of the semiconductor manufacturer’s stock valued at $65,788,194,000 after purchasing an additional 5,040,801 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state’s history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor’s degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women’s Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

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.