Ledyard National Bank Sells 4,345 Shares of Broadcom Inc. $AVGO

Ledyard National Bank cut its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 3.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 136,567 shares of the semiconductor manufacturer’s stock after selling 4,345 shares during the period. Broadcom makes up about 4.0% of Ledyard National Bank’s holdings, making the stock its 6th biggest position. Ledyard National Bank’s holdings in Broadcom were worth $45,055,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in AVGO. Runnymede Capital Advisors Inc. boosted its position in Broadcom by 5.1% during the third quarter. Runnymede Capital Advisors Inc. now owns 1,878 shares of the semiconductor manufacturer’s stock valued at $620,000 after purchasing an additional 91 shares during the last quarter. Trace Wealth Advisors LLC bought a new position in Broadcom during the third quarter valued at about $622,000. Progressive Investment Management Corp bought a new position in shares of Broadcom in the 3rd quarter valued at approximately $13,420,000. MMA Asset Management LLC acquired a new stake in shares of Broadcom in the third quarter worth $253,000. Finally, Elyxium Wealth LLC lifted its position in Broadcom by 0.3% during the 3rd quarter. Elyxium Wealth LLC now owns 16,084 shares of the semiconductor manufacturer’s stock worth $5,306,000 after acquiring an additional 47 shares during the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Strong AI spending from big tech supports Broadcom’s revenue outlook and demand for data‑center and networking chips, a bullish catalyst for AVGO. Broadcom Gains As Big Tech Boosts AI Spending For 2026
• Positive Sentiment: Planned tariff exemptions for certain advanced semiconductors could reduce costs / supply friction for leading chip suppliers, potentially benefiting Broadcom’s end markets and margins. 6 Chip Stocks Set to Benefit Most From Big Tech Tariff Exemption
• Positive Sentiment: Analysts and industry pieces highlight Broadcom as a semiconductor beneficiary of ongoing AI and cloud infrastructure investment, reinforcing a favorable secular growth narrative. 3 Stocks to Buy From the Prospering Semiconductor Industry
• Neutral Sentiment: Broadcom has been a frequently searched/trending stock in financial media; increased attention can boost volatility but doesn’t itself change fundamentals. Broadcom Inc. (AVGO) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Market commentary calls tech stocks “noisy” and momentum‑driven today — this can produce short‑term swings in AVGO unrelated to long‑term fundamentals. ORCL, AVGO and MU Forecast – Technology Stocks Noisy and Looking for Momentum
• Neutral Sentiment: Comparisons and buy/hold debates (e.g., Broadcom vs. Meta) are driving analyst attention but offer mixed conclusions for investors depending on risk/time horizon. Broadcom or Meta Platforms? Which Is the Better Buy
• Negative Sentiment: A Forbes piece contrasts Micron’s faster growth trajectory with Broadcom’s, highlighting competitive growth concerns that can weigh on valuations if investors rotate to higher‑growth names. How Micron’s Growth Engine Beats Out Broadcom
• Negative Sentiment: Reported short‑interest data today appears to contain errors (zeros/NaN) and should not be taken as genuine positioning evidence; nevertheless, lighter intraday volume and recent strong gains make AVGO susceptible to short‑term profit‑taking. (Background trading/volume data provided by market feeds.)

Insider Activity at Broadcom

In related news, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction that occurred on Wednesday, December 31st. The stock was 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 approximately $96,428,573.34. This trade represents a 9.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Henry Samueli sold 320,316 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $400.53, for a total value of $128,296,167.48. Following the sale, the director owned 37,326,540 shares in the company, valued at $14,950,399,066.20. The trade was a 0.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 779,901 shares of company stock worth $284,069,237 over the last ninety days. 2.00% of the stock is owned by corporate insiders.

Broadcom Trading Down 1.0%

Shares of NASDAQ AVGO opened at $340.44 on Wednesday. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The company has a 50-day moving average of $346.93 and a two-hundred day moving average of $340.06. The company has a market cap of $1.61 trillion, a PE ratio of 71.52, a P/E/G ratio of 1.11 and a beta of 1.21. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, beating 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 last year, the business earned $1.42 earnings per share. The firm’s quarterly revenue was up 28.2% compared to the same quarter last year. As a group, equities analysts expect 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. Shareholders of record on Monday, December 22nd were paid a $0.65 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase 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 payout ratio is presently 54.62%.

Analysts Set New Price Targets

A number of research firms have issued reports on AVGO. Bank of America raised their target price on Broadcom from $460.00 to $500.00 and gave the company a “buy” rating in a report on Friday, December 12th. Mizuho set a $480.00 price objective on Broadcom and gave the stock an “outperform” rating in a research report on Friday, January 9th. Sanford C. Bernstein reiterated an “outperform” rating and set a $475.00 target price (up from $400.00) on shares of Broadcom in a research report on Friday, December 12th. Morgan Stanley lifted their price objective on Broadcom from $443.00 to $462.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Finally, JPMorgan Chase & Co. increased their target price on Broadcom from $400.00 to $475.00 and gave the stock an “overweight” rating in a 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 one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $437.28.

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.