Broadcom (NASDAQ:AVGO) Shares Acquired Rep. Cleo Fields

Posted by Tammy Falkenburg on Oct 2nd, 2025

Representative Cleo Fields (D-Louisiana) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on September 30th, the Representative disclosed that they had bought between $15,001 and $50,000 in Broadcom stock on September 17th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/23/2025.
Purchased $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 9/19/2025.
Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/18/2025.
Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/17/2025.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.
Purchased $50,001 – $100,000 in shares of Oracle (NYSE:ORCL) on 9/17/2025.
Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.
Purchased $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 9/17/2025.
Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/10/2025.
Purchased $15,001 – $50,000 in shares of McDonald’s (NYSE:MCD) on 9/10/2025.

Broadcom Stock Up 1.1%

Shares of AVGO opened at $333.39 on Thursday. The firm’s 50 day moving average is $316.48 and its 200-day moving average is $255.31. The stock has a market capitalization of $1.57 trillion, a PE ratio of 85.05, a P/E/G ratio of 1.83 and a beta of 1.20. The company has a current ratio of 1.50, a quick ratio of 1.37 and a debt-to-equity ratio of 0.86. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $374.23.

Broadcom (NASDAQ:AVGO – Get Free Report) last announced its quarterly earnings data on Thursday, September 4th. The semiconductor manufacturer reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.03. The business had revenue of $15.95 billion for the quarter, compared to analysts’ expectations of $15.82 billion. Broadcom had a net margin of 31.59% and a return on equity of 36.60%. The firm’s quarterly revenue was up 22.0% compared to the same quarter last year. During the same period last year, the firm posted $1.24 earnings per share. Broadcom has set its Q4 2025 guidance at EPS. Equities research analysts forecast that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.59 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.36 annualized dividend and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is currently 60.20%.

Institutional Investors Weigh In On Broadcom

Institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in Broadcom in the second quarter valued at $18,579,549,000. Nuveen LLC acquired a new position in Broadcom in the first quarter valued at $6,649,117,000. Price T Rowe Associates Inc. MD lifted its holdings in Broadcom by 37.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 65,509,579 shares of the semiconductor manufacturer’s stock valued at $10,968,270,000 after buying an additional 17,985,046 shares during the period. Vanguard Group Inc. lifted its holdings in Broadcom by 1.3% in 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 buying an additional 6,222,802 shares during the period. Finally, Edgewood Management LLC acquired a new position in Broadcom in the second quarter valued at $1,571,438,000. Institutional investors own 76.43% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AVGO. Susquehanna lifted their price objective on shares of Broadcom from $280.00 to $300.00 and gave the company a “positive” rating in a research note on Friday, June 6th. Truist Financial lifted their price objective on shares of Broadcom from $295.00 to $365.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Wells Fargo & Company lifted their price objective on shares of Broadcom from $255.00 to $345.00 and gave the company an “equal weight” rating in a research note on Friday, September 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Broadcom from $300.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Finally, UBS Group lifted their price objective on shares of Broadcom from $290.00 to $345.00 and gave the company a “buy” rating in a research note on Monday, August 25th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $357.22.

Get Our Latest Research Report on Broadcom

Insiders Place Their Bets

In related news, CEO Hock E. Tan sold 148,154 shares of the business’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $336.67, for a total value of $49,879,007.18. Following the transaction, the chief executive officer owned 825,998 shares in the company, valued at $278,088,746.66. The trade was a 15.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Charlie B. Kawwas sold 3,893 shares of the business’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $347.82, for a total transaction of $1,354,063.26. Following the completion of the transaction, the insider owned 25,295 shares in the company, valued at approximately $8,798,106.90. The trade was a 13.34% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have acquired 3,550 shares of company stock valued at $1,227,869 and have sold 666,071 shares valued at $225,623,008. Corporate insiders own 2.00% of the company’s stock.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

About Broadcom

(Get Free Report)

Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.