Alberta Investment Management Corp Buys 28,200 Shares of Broadcom Inc. $AVGO

Alberta Investment Management Corp lifted its stake in Broadcom Inc. (NASDAQ:AVGO) by 53.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,300 shares of the semiconductor manufacturer’s stock after buying an additional 28,200 shares during the quarter. Alberta Investment Management Corp’s holdings in Broadcom were worth $26,822,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Arthur M. Cohen & Associates LLC boosted its position in shares of Broadcom by 0.6% in the third quarter. Arthur M. Cohen & Associates LLC now owns 4,781 shares of the semiconductor manufacturer’s stock worth $1,577,000 after purchasing an additional 30 shares during the period. Jackson Hole Capital Partners LLC raised its position in shares of Broadcom by 1.4% during the 3rd quarter. Jackson Hole Capital Partners LLC now owns 2,170 shares of the semiconductor manufacturer’s stock valued at $716,000 after purchasing an additional 30 shares during the period. Private Wealth Partners LLC lifted its stake in shares of Broadcom by 0.7% during the 3rd quarter. Private Wealth Partners LLC now owns 4,273 shares of the semiconductor manufacturer’s stock valued at $1,410,000 after buying an additional 30 shares in the last quarter. McHugh Group LLC boosted its holdings in Broadcom by 0.4% in the 3rd quarter. McHugh Group LLC now owns 8,433 shares of the semiconductor manufacturer’s stock worth $2,782,000 after buying an additional 31 shares during the period. Finally, Smith Thornton Advisors LLC increased its stake in Broadcom by 1.4% in the 3rd quarter. Smith Thornton Advisors LLC now owns 2,313 shares of the semiconductor manufacturer’s stock worth $763,000 after buying an additional 31 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors.

Insider Activity

In other Broadcom news, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction on Wednesday, December 31st. The shares were 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 in the company, 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 legal filing with the SEC, which is available at this link. Also, CEO Hock E. Tan sold 130,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $326.02, for a total transaction of $42,382,600.00. Following the completion of the sale, the chief executive officer owned 595,638 shares of the company’s stock, valued at $194,189,900.76. This trade represents a 17.92% 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 over the last ninety days. 2.00% of the stock is owned by corporate insiders.

Broadcom Stock Up 0.1%

Shares of NASDAQ:AVGO opened at $333.99 on Friday. The company has a market cap of $1.58 trillion, a price-to-earnings ratio of 70.17, a PEG ratio of 1.07 and a beta of 1.21. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $414.61. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. The company has a 50-day moving average price of $337.85 and a 200 day moving average price of $341.22.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $0.08. The business had revenue of $18.02 billion for 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 quarterly revenue was up 28.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.42 earnings per share. As a group, equities research analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given 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 is 54.62%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AVGO shares. Morgan Stanley boosted their price objective on Broadcom from $443.00 to $462.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. Bank of America lifted their target price on Broadcom from $460.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Mizuho set a $480.00 price target on Broadcom and gave the stock an “outperform” rating in a research note on Friday, January 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a report on Monday, December 29th. Finally, KeyCorp reissued an “overweight” rating and issued a $500.00 target price (up previously from $460.00) on shares of Broadcom in a report on Friday, December 12th. Two investment 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. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $433.13.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom launched and began shipping samples of BroadPeak™, a 5nm radio DFE SoC aimed at 5G Advanced and 6G massive MIMO/RRH deployments; the product claims up to 40% power savings and broad frequency support, which could drive future infrastructure revenue as carriers upgrade for AI-driven traffic. Broadcom Introduces Industry’s First 6G Digital Front-End SoC for Massive MIMO
• Positive Sentiment: Analyst and media bull case: several articles argue AVGO still has upside given a large AI-related backlog (~$73B reported) and hyperscaler spending tailwinds, supporting revenue visibility and high analyst price targets (median ~$450). This underpins the bullish narrative driving buying interest. Broadcom’s US$73b AI Backlog Puts Valuation And Risks In Focus
• Positive Sentiment: Coverage & previews that anticipate stronger FY26 guidance tied to hyperscaler spend (earnings previews / bullish takes) are supporting investor expectations for continued revenue and margin expansion. Broadcom: Expect FY26 Outlook To Reflect Spending Surge By Hyperscalers (Earnings Preview)
• Neutral Sentiment: Short-interest report in the feed shows 0 shares / 0 days-to-cover (likely a data glitch) — does not indicate meaningful new short pressure. Monitor confirmed short-interest filings for a true read. (Data entry flagged internally.)
• Neutral Sentiment: Mixed institutional activity: some hedge funds (Farallon, Woodline) increased stakes while others (D1 Capital, UBS AM large reductions) trimmed positions — points to active rebalancing but no clear one-way institutional signal. D1 Capital Partners LP Cuts Broadcom Inc. Stake Sharply
• Negative Sentiment: Insider selling remains heavy (numerous open‑market sales by executives) — while not unusual for a large-cap, sustained insider sales can worry some investors about near-term sentiment. (Quiver/press aggregation in feed.)
• Negative Sentiment: Valuation and margin concerns are resurfacing in coverage: pieces highlight that the large AI backlog raises valuation and execution risk, and analysts note margin pressure as a possible offset to growth—these stories can trigger profit-taking after AVGO’s multi-year run. Broadcom Stock Isn’t Cheap. Why Bulls Still See Room to Run
• Negative Sentiment: Competitive dynamics: commentary about large customers (e.g., Meta) doubling down on other suppliers (NVIDIA) highlights competitive risk in key AI infrastructure end markets. Nvidia Gets Big Commitment From Meta. What It Means for the Broadcom Threat.

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.