Columbia Asset Management Sells 2,030 Shares of Broadcom Inc. $AVGO

Posted by Bonnie Powley on Aug 16th, 2026

Columbia Asset Management reduced its holdings in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 4.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 45,442 shares of the semiconductor manufacturer’s stock after selling 2,030 shares during the quarter. Broadcom comprises about 3.0% of Columbia Asset Management’s investment portfolio, making the stock its 6th biggest position. Columbia Asset Management’s holdings in Broadcom were worth $17,166,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Crown Wealth Group LLC grew its holdings in Broadcom by 2.4% in the 2nd quarter. Crown Wealth Group LLC now owns 6,691 shares of the semiconductor manufacturer’s stock valued at $2,528,000 after buying an additional 160 shares during the last quarter. Wilkerson Advisory Group LLC increased its position in Broadcom by 4.0% in the 2nd quarter. Wilkerson Advisory Group LLC now owns 2,375 shares of the semiconductor manufacturer’s stock worth $898,000 after buying an additional 92 shares during the period. Center for Financial Planning Inc. lifted its holdings in shares of Broadcom by 2.3% during the second quarter. Center for Financial Planning Inc. now owns 9,980 shares of the semiconductor manufacturer’s stock worth $3,770,000 after buying an additional 228 shares during the last quarter. CV Advisors LLC lifted its holdings in shares of Broadcom by 0.3% during the second quarter. CV Advisors LLC now owns 12,054 shares of the semiconductor manufacturer’s stock worth $4,553,000 after buying an additional 34 shares during the last quarter. Finally, Meritas Wealth Management LLC bought a new stake in shares of Broadcom in the second quarter valued at approximately $393,000. 76.43% of the stock is currently owned by institutional investors.

Broadcom Stock Performance

Shares of NASDAQ:AVGO opened at $393.05 on Friday. The business has a fifty day moving average of $389.79 and a 200-day moving average of $373.30. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.24. Broadcom Inc. has a twelve month low of $281.87 and a twelve month high of $495.00. The firm has a market cap of $1.87 trillion, a PE ratio of 65.51, a price-to-earnings-growth ratio of 0.75 and a beta of 1.45.

Broadcom (NASDAQ:AVGO – Get Free Report) last issued its quarterly earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.04. Broadcom had a net margin of 38.85% and a return on equity of 41.61%. The business had revenue of $22.19 billion for the quarter, compared to the consensus estimate of $22.13 billion. During the same quarter in the prior year, the company earned $1.58 EPS. The firm’s quarterly revenue was up 47.9% on a year-over-year basis. On average, equities research analysts predict that Broadcom Inc. will post 10.24 EPS for the current fiscal year.

Broadcom Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 22nd. Broadcom’s dividend payout ratio is 43.33%.

Insider Activity at Broadcom

In other Broadcom news, Director Gayla J. Delly sold 1,890 shares of the stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $385.38, for a total value of $728,368.20. Following the transaction, the director directly owned 31,326 shares in the company, valued at approximately $12,072,413.88. This trade represents a 5.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark David 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 value of $10,033,250.00. Following the completion of the transaction, the insider owned 194,989 shares in the company, valued at $78,254,935.37. The trade was a 11.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 61,644 shares of company stock valued at $24,016,214 over the last three months. 1.90% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AVGO shares. Susquehanna restated a “positive” rating and issued a $490.00 price objective (up from $450.00) on shares of Broadcom in a research note on Thursday, May 28th. Mizuho upped their target price on shares of Broadcom from $480.00 to $530.00 and gave the company an “outperform” rating in a research note on Thursday, June 4th. Citigroup reissued a “buy” rating on shares of Broadcom in a report on Thursday, June 4th. KeyCorp restated an “overweight” rating and issued a $575.00 price target (up from $500.00) on shares of Broadcom in a research report on Thursday, June 4th. Finally, DA Davidson boosted their price objective on shares of Broadcom from $375.00 to $400.00 and gave the stock a “neutral” rating in a report on Thursday, June 4th. Twenty-eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $493.24.

Read Our Latest Research Report on AVGO

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom’s custom-silicon and XPU opportunity remains a key long-term catalyst. Analysts and commentators point to accelerating AI infrastructure spending, major customer agreements, and potential growth in custom chips and networking. Broadcom: XPU Growth Trajectory Underestimated, Stock A Bargain
Positive Sentiment: Wall Street’s average price target implies substantial upside from recent trading levels, supporting the bullish view that the market may be underestimating Broadcom’s AI growth trajectory. Broadcom is Down Over 3 Months: One Wall Street Pro Sees 60%+ Gains Ahead
Positive Sentiment: Continued institutional interest, including purchases by GAMCO Investors and Cathie Wood’s reported investment, provides some additional support for the stock’s long-term AI investment case. Cathie Wood buys $16.2 million of Broadcom

Broadcom Profile

(Free Report)

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.