Broadcom Inc. $AVGO is Wright Investors Service Inc.’s 5th Largest Position

Wright Investors Service Inc. increased its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 5.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 42,159 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,178 shares during the period. Broadcom makes up about 4.0% of Wright Investors Service Inc.’s investment portfolio, making the stock its 5th largest position. Wright Investors Service Inc.’s holdings in Broadcom were worth $13,909,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Running Point Capital Advisors LLC lifted its position in Broadcom by 13.1% during the 3rd quarter. Running Point Capital Advisors LLC now owns 5,210 shares of the semiconductor manufacturer’s stock worth $1,719,000 after acquiring an additional 602 shares during the period. Wilmington Savings Fund Society FSB raised its stake in shares of Broadcom by 9.0% during the third quarter. Wilmington Savings Fund Society FSB now owns 80,845 shares of the semiconductor manufacturer’s stock worth $26,672,000 after purchasing an additional 6,680 shares during the last quarter. BXM Wealth LLC lifted its holdings in shares of Broadcom by 25.0% during the third quarter. BXM Wealth LLC now owns 18,001 shares of the semiconductor manufacturer’s stock worth $5,939,000 after purchasing an additional 3,605 shares during the period. Franchise Capital Ltd purchased a new position in Broadcom in the 3rd quarter valued at $2,735,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in Broadcom by 2.3% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 707,703 shares of the semiconductor manufacturer’s stock valued at $233,478,000 after buying an additional 15,713 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Citi names Broadcom a top pick into earnings and reiterates bullishness, backing a high target (reported $480 PT), supporting upside expectations tied to accelerating AI sales. Citi Bullish on Broadcom
• Positive Sentiment: Market signals from TSMC and Meta point to sustained AI-accelerator demand (TSMC guidance + Meta’s data?center/“Meta Compute” push), implying continued orders for Broadcom’s custom chips and networking gear. (MarketBeat coverage)
• Positive Sentiment: Multiple analysts (Wells Fargo, Mizuho, Oppenheimer, Bernstein and others) have turned or remained bullish recently, keeping above-consensus price targets and reinforcing demand expectations from AI and VMware integration. Wells Fargo Bullish on Broadcom
• Neutral Sentiment: Valuation discussions are prominent: several pieces assess whether AVGO is fairly priced after rapid multi?year gains — supportive for long?term thesis but reminding investors about premium multiples vs. cyclic risk. Is Broadcom Still Reasonably Priced?
• Neutral Sentiment: Analyst debate and stock comparisons to Nvidia (momentum questions) leave room for rotation within AI winners — some investors may prefer NVDA or other names in the short term. NVDA vs Broadcom Comparison
• Negative Sentiment: RBC initiated coverage at Sector Perform, flagging margin and valuation risks despite AI upside — a formal caution that may pressure near?term sentiment. RBC Initiates at Sector Perform
• Negative Sentiment: Heightened investor chatter notes significant insider selling and geopolitical/margin concerns tied to AI infrastructure — QuiverQuant highlights heavy insider sales and mixed social?media sentiment, which can sap confidence. QuiverQuant Discussion

Broadcom Stock Performance

Shares of AVGO opened at $332.60 on Wednesday. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61. The stock has a market cap of $1.58 trillion, a P/E ratio of 69.87, a PEG ratio of 1.17 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. The company has a 50-day moving average of $358.46 and a two-hundred day moving average of $335.10.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data 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 net margin of 36.20% and a return on equity of 37.45%. The business had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same period last year, the company posted $1.42 EPS. The company’s revenue was up 28.2% on a year-over-year basis. As a group, research analysts predict that Broadcom Inc. will post 5.38 EPS 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 issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, December 22nd. Broadcom’s payout ratio is presently 54.62%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AVGO. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $475.00 target price (up previously from $400.00) on shares of Broadcom in a report on Friday, December 12th. Barclays reaffirmed an “overweight” rating and issued a $500.00 price objective (up previously from $450.00) on shares of Broadcom in a report on Friday, December 12th. Morgan Stanley increased their target price on Broadcom from $443.00 to $462.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Truist Financial upped their price objective on Broadcom from $500.00 to $510.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Finally, Wells Fargo & Company raised Broadcom from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $410.00 to $430.00 in a report on Thursday, January 15th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Broadcom has an average rating of “Buy” and an average price target of $438.61.

Insider Buying and Selling

In other Broadcom news, Director Henry Samueli sold 320,316 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $400.53, for a total value of $128,296,167.48. Following the transaction, the director directly owned 37,326,540 shares in the company, valued at approximately $14,950,399,066.20. This represents a 0.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Kirsten M. Spears sold 30,000 shares of Broadcom 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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 779,901 shares of company stock valued at $284,069,237. 2.00% of the stock is owned by insiders.

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.