Broadcom Inc. $AVGO Stock Purchased by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. grew its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 112.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 258,673 shares of the semiconductor manufacturer’s stock after acquiring an additional 136,825 shares during the quarter. Broadcom comprises 4.2% of Quintet Private Bank Europe S.A.’s portfolio, making the stock its 5th biggest position. Quintet Private Bank Europe S.A.’s holdings in Broadcom were worth $90,843,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Toth Financial Advisory Corp increased its holdings in Broadcom by 5.5% in the 3rd quarter. Toth Financial Advisory Corp now owns 35,914 shares of the semiconductor manufacturer’s stock valued at $12,613,000 after purchasing an additional 1,871 shares in the last quarter. Whalen Wealth Management Inc. lifted its stake in shares of Broadcom by 35.7% during the third quarter. Whalen Wealth Management Inc. now owns 8,107 shares of the semiconductor manufacturer’s stock worth $2,847,000 after purchasing an additional 2,134 shares in the last quarter. City Center Advisors LLC boosted its position in shares of Broadcom by 45.5% in the third quarter. City Center Advisors LLC now owns 4,040 shares of the semiconductor manufacturer’s stock worth $1,419,000 after buying an additional 1,263 shares during the period. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Broadcom in the third quarter worth about $217,000. Finally, KFA Private Wealth Group LLC grew its stake in shares of Broadcom by 16.7% in the third quarter. KFA Private Wealth Group LLC now owns 2,474 shares of the semiconductor manufacturer’s stock valued at $869,000 after buying an additional 354 shares in the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Wall Street Zen downgraded Broadcom from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Royal Bank Of Canada started coverage on shares of Broadcom in a research report on Thursday, September 3rd. They issued an “outperform” rating for the company. BNP Paribas Exane lifted their price objective on shares of Broadcom from $675.00 to $715.00 and gave the company an “outperform” rating in a research note on Friday, September 4th. TD Cowen reissued a “buy” rating and set a $475.00 target price (down from $500.00) on shares of Broadcom in a research report on Thursday, September 3rd. Finally, Lake Street Capital upgraded shares of Broadcom to a “buy” rating in a research note on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $527.20.

Insider Buying and Selling

In other Broadcom news, insider Mark Brazeal sold 25,000 shares of the stock in a transaction on Friday, July 10th. The shares were sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the transaction, the insider directly owned 194,989 shares in the company, valued at $78,254,935.37. This represents a 11.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.90% of the stock is owned by company insiders.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is reportedly seeking more than $50 billion from lenders including Apollo Global Management and Blackstone to finance custom AI chips being developed with OpenAI. The effort signals potentially enormous demand for Broadcom’s custom accelerators and could support long-term AI revenue growth. Discussions remain preliminary, however, and the final financing amount may change. Broadcom seeks more than $50 billion to finance OpenAI AI chips
• Positive Sentiment: Investors continue to highlight Broadcom’s rapid custom-chip and networking opportunity as hyperscalers expand AI infrastructure. Analysts cited in recent coverage expect substantial earnings growth, while elevated call-option activity indicates strong speculative interest in the shares. Broadcom AI revenue growth and custom chips
• Neutral Sentiment: CEO Hock Tan continues to defend Broadcom’s approximately $350 billion AI-chip outlook, emphasizing demand from inference-focused customers. The forecast supports the bullish long-term narrative but requires sustained spending by a small group of large technology customers. Broadcom CEO defends AI outlook
• Negative Sentiment: The proposed debt-funded chip purchases have raised concerns about leverage, “circular” financing and the risk of financing chips with loans that could outlast their useful lives. Because the arrangement is tied to OpenAI demand and remains unfinalized, investors may be discounting execution, credit and customer-concentration risks. AI chip debt financing risks
• Negative Sentiment: Broadcom’s valuation remains demanding after its strong AI rally, leaving less room for disappointment. Investors are questioning whether projected AI growth is already reflected in the stock, particularly as competing chip and networking companies pursue the same hyperscaler spending. Broadcom AI growth and valuation

Broadcom Stock Down 3.4%

AVGO traded down $12.65 on Thursday, reaching $363.86. The company’s stock had a trading volume of 8,724,596 shares, compared to its average volume of 25,031,582. Broadcom Inc. has a 1 year low of $289.96 and a 1 year high of $495.00. The business’s 50 day moving average is $372.35 and its 200 day moving average is $382.17. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.29. The stock has a market cap of $1.74 trillion, a price-to-earnings ratio of 46.46 and a beta of 1.46.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.22 by $0.10. Broadcom had a return on equity of 48.33% and a net margin of 42.94%.The company had revenue of $29.59 billion for the quarter, compared to the consensus estimate of $29.24 billion. During the same period in the previous year, the business earned $1.69 EPS. Broadcom’s revenue for the quarter was up 85.5% compared to the same quarter last year. As a group, research analysts forecast that Broadcom Inc. will post 10.37 EPS for the current fiscal year.

Broadcom Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 21st were issued a $0.65 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom’s dividend payout ratio is currently 33.21%.

Broadcom Company Profile

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops, and supplies semiconductor and infrastructure software products. Its semiconductor solutions support wired and wireless communications, data center networking, broadband access, storage, industrial applications, and other markets.

The company’s semiconductor portfolio includes networking and switching products, custom application-specific integrated circuits, wireless connectivity components, radio-frequency devices, optical components, and storage-related solutions.