Seaview Investment Managers LLC Has $577,000 Stock Holdings in Broadcom Inc. $AVGO

Seaview Investment Managers LLC trimmed its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 92.5% during the third quarter, HoldingsChannel reports. The fund owned 1,749 shares of the semiconductor manufacturer’s stock after selling 21,668 shares during the quarter. Seaview Investment Managers LLC’s holdings in Broadcom were worth $577,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC acquired a new stake in Broadcom in the second quarter valued at $27,000. Teachers Insurance & Annuity Association of America acquired a new position in Broadcom during the 2nd quarter worth about $28,000. LGT Financial Advisors LLC bought a new stake in shares of Broadcom in the 2nd quarter valued at about $31,000. New England Capital Financial Advisors LLC acquired a new stake in shares of Broadcom in the second quarter valued at about $31,000. Finally, JCIC Asset Management Inc. acquired a new stake in shares of Broadcom in the third quarter valued at about $31,000. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Broadcom Stock Down 1.8%

Shares of NASDAQ AVGO opened at $325.17 on Friday. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 0.76. The firm has a market cap of $1.54 trillion, a PE ratio of 68.31, a P/E/G ratio of 1.07 and a beta of 1.21. The company’s fifty day simple moving average is $343.88 and its 200 day simple moving average is $340.23. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.08. The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The business’s revenue was up 28.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.42 earnings per share. As a group, sell-side analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid a dividend of $0.65 per share. This is an increase from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is currently 54.62%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AVGO. Barclays reaffirmed an “overweight” rating and issued a $500.00 price objective (up from $450.00) on shares of Broadcom in a research note on Friday, December 12th. Piper Sandler restated an “overweight” rating and set a $430.00 price target (up previously from $375.00) on shares of Broadcom in a report on Friday, December 12th. Wolfe Research raised shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price objective on the stock in a research note on Friday, January 30th. Raymond James Financial set a $420.00 price objective on shares of Broadcom and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Finally, Zacks Research raised shares of Broadcom from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $433.87.

Insider Transactions at Broadcom

In other news, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 277,237 shares of the company’s stock, 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, insider Mark David Brazeal sold 38,281 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $327.65, for a total value of $12,542,769.65. Following the sale, the insider directly owned 266,494 shares of the company’s stock, valued at $87,316,759.10. This represents a 12.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 779,101 shares of company stock worth $283,804,325 in the last three months. Insiders own 2.00% of the company’s stock.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Cathie Wood’s ARK filed a meaningful purchase (~87,148 shares), signaling institutional conviction in Broadcom’s exposure to AI infrastructure. Broadcom Inc. (AVGO) Draws ARK Investment Amid Positive AI Growth Outlook
• Positive Sentiment: Mirova US LLC materially increased its Broadcom stake, adding another institutional buyer to demand-side flows. Mirova US LLC Boosts Broadcom Stake by 589,713 Shares
• Positive Sentiment: Broadcom unveiled a Wi?Fi 8 enterprise platform positioned for AI edge and enterprise networking — a product catalyst that could expand TAM for its networking chips. Broadcom Wi Fi 8 Launch Highlights AI Network Demand And Valuation Questions
• Positive Sentiment: Analysts and commentary are bullish on upside linked to hyperscaler CapEx (Google, Meta) and the AI infrastructure cycle — Forbes lays out a bull case toward ~$450 if demand trajectory holds. Here’s How AVGO Stock Could Rise To $450
• Neutral Sentiment: DA Davidson initiated coverage with a Neutral rating — a reminder that some sell-side views see limited near-term upside despite the AI backdrop. DA Davidson initiates coverage of Broadcom (AVGO) with neutral recommendation
• Negative Sentiment: Coverage and market commentary around the Wi?Fi 8 launch also flagged valuation concerns — investors are debating whether Broadcom’s premium multiple already prices in the AI upside. Broadcom Wi Fi 8 Launch Highlights AI Network Demand And Valuation Questions
• Negative Sentiment: Some institutional managers trimmed positions (PRIMECAP, Randolph, SCS Capital reported cuts), creating localized selling pressure even as others added shares. PRIMECAP Management Co Cuts Broadcom Stake by 27,980 Shares

Broadcom Company 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.