True North Advisors LLC Buys 3,243 Shares of Broadcom Inc. $AVGO

True North Advisors LLC increased its position in Broadcom Inc. (NASDAQ:AVGO) by 9.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,236 shares of the semiconductor manufacturer’s stock after purchasing an additional 3,243 shares during the period. Broadcom accounts for about 1.9% of True North Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. True North Advisors LLC’s holdings in Broadcom were worth $11,955,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of AVGO. Sawyer & Company Inc increased its holdings in shares of Broadcom by 62.1% in the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 36 shares during the last quarter. Longfellow Investment Management Co. LLC acquired a new position in Broadcom in the second quarter worth $27,000. Legend Financial Advisors Inc. bought a new stake in Broadcom during the second quarter valued at $28,000. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Broadcom during the second quarter worth $28,000. Finally, LGT Financial Advisors LLC bought a new position in shares of Broadcom in the 2nd quarter worth about $31,000. Institutional investors and hedge funds own 76.43% of the company’s stock.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q4 AI strength — Zacks highlights that Broadcom’s AI (XPU) momentum accelerated, with Q4 AI revenue rising ~74% to $6.5B, a swelling order backlog and a bullish 2026 revenue outlook. Strong AI revenue and backlog support upside for AVGO. Read More.
• Positive Sentiment: Analyst optimism — Cantor Fitzgerald and other outlets name Broadcom among semiconductors poised to outperform in 2026, reflecting favorable sell-side sentiment on AI exposure. Read More.
• Positive Sentiment: Buy-recommendation momentum & stock picks — Multiple publications (Finbold, The Motley Fool) list Broadcom among top AI buys and among names with heavy “Buy” analyst support heading into 2026, reinforcing demand-side narrative. Read More. • Read More.
• Positive Sentiment: Insider buy signals (small) — Reports show modest insider purchases (e.g., Harry You acquiring 1,000 shares) and a brief market reaction tying insider buying to intraday strength. These buys can be read as a minor vote of confidence. Read More. • Read More.
• Neutral Sentiment: Mixed market commentary — Several deep-dive pieces praise Broadcom’s AI role while flagging execution/valuation upside; options activity shows investor caution. These analyses temper but don’t overturn the bullish thesis. Read More. • Read More.
• Negative Sentiment: Large insider selling — Company insiders, including the CEO, have executed sizable sales (reports show total insider selling topping ~$100M and Hock Tan selling 130,000 shares), which is weighing on sentiment and raising governance/realization concerns. Read More. • Read More.
• Negative Sentiment: Margin and backlog concerns — Management warned gross margins will decline (driven by higher mix of system sales vs. chips), creating uncertainty about margin quality of the large AI backlog; markets sold the stock after the guidance. This is the primary driver of recent volatility. (Deep dive summary)
• Negative Sentiment: Rising short interest — Short interest rose notably in mid-December (reported ~69.8M shares, +23.8% month-over-month), which can amplify downside on negative headlines and shows some trader skepticism. (data entry)

Analyst Ratings Changes

A number of equities research analysts recently weighed in on AVGO shares. Benchmark boosted their price objective on shares of Broadcom from $385.00 to $485.00 and gave the company a “buy” rating in a research report on Friday, December 12th. KeyCorp restated an “overweight” rating and issued a $500.00 target price (up from $460.00) on shares of Broadcom in a research note on Friday, December 12th. Citigroup reiterated a “buy” rating and set a $480.00 price target (up from $415.00) on shares of Broadcom in a research report on Friday, December 12th. Morgan Stanley raised their price target on Broadcom from $443.00 to $462.00 and gave the stock an “overweight” rating in a report on Friday, December 12th. Finally, Wall Street Zen upgraded Broadcom from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Broadcom has an average rating of “Buy” and an average target price of $436.33.

Insiders Place Their Bets

In related news, insider Charlie B. Kawwas sold 1,928 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $327.80, for a total transaction of $631,998.40. Following the transaction, the insider owned 23,582 shares in the company, valued at $7,730,179.60. This trade represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 in the company, valued at approximately $87,316,759.10. The trade was a 12.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 524,780 shares of company stock valued at $195,499,150. 2.00% of the stock is currently owned by insiders.

Broadcom Trading Up 0.2%

NASDAQ:AVGO opened at $350.18 on Friday. The stock has a market cap of $1.66 trillion, a price-to-earnings ratio of 73.57, a PEG ratio of 1.20 and a beta of 1.19. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61. The business has a fifty day moving average of $362.68 and a 200-day moving average of $323.20.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.08. The business 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 company’s quarterly revenue was up 28.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.42 earnings per share. Equities analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be paid a $0.65 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio (DPR) is currently 54.62%.

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.