Signature Estate & Investment Advisors LLC Sells 9,894 Shares of Broadcom Inc. $AVGO

Signature Estate & Investment Advisors LLC trimmed its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 3.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 243,934 shares of the semiconductor manufacturer’s stock after selling 9,894 shares during the period. Broadcom makes up approximately 1.7% of Signature Estate & Investment Advisors LLC’s investment portfolio, making the stock its 15th largest position. Signature Estate & Investment Advisors LLC’s holdings in Broadcom were worth $80,476,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC bought a new position in Broadcom in the second quarter valued at approximately $27,000. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Broadcom in the 2nd quarter valued at $28,000. LGT Financial Advisors LLC bought a new position in shares of Broadcom in the 2nd quarter valued at $31,000. New England Capital Financial Advisors LLC acquired a new position in shares of Broadcom during the 2nd quarter worth $31,000. Finally, JCIC Asset Management Inc. bought a new stake in shares of Broadcom during the 3rd quarter worth $31,000. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Harry L. You purchased 1,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was bought at an average price of $325.13 per share, with a total value of $325,130.00. Following the completion of the purchase, the director owned 36,602 shares in the company, valued at approximately $11,900,408.26. This represents a 2.81% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Charlie B. Kawwas sold 1,928 shares of Broadcom stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $327.80, for a total value of $631,998.40. Following the completion of the transaction, the insider directly owned 23,582 shares in the company, valued at approximately $7,730,179.60. This represents a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 779,901 shares of company stock valued at $284,069,237. Corporate insiders own 2.00% of the company’s stock.

Broadcom Trading Up 0.7%

Shares of NASDAQ AVGO opened at $342.76 on Thursday. 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 52-week low of $138.10 and a 52-week high of $414.61. The firm has a 50 day moving average price of $346.17 and a two-hundred day moving average price of $340.08. The stock has a market cap of $1.63 trillion, a P/E ratio of 72.01, a price-to-earnings-growth ratio of 1.10 and a beta of 1.21.

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

Broadcom Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a $0.65 dividend. This is a boost from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, December 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s dividend payout ratio is presently 54.62%.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: UBS reiterates bullish view, saying Broadcom’s AI momentum should extend through 2028 and highlighting strong server demand that supports revenue durability even if near-term upside for consensus earnings is limited. UBS Remains Bullish on Broadcom
• Positive Sentiment: Broadcom launched Wi‑Fi 8 chips, extending its AI networking story into enterprise infrastructure — reinforcing product-led revenue drivers outside traditional data-center ASICs. Broadcom Wi Fi 8 Launch
• Positive Sentiment: Press and analysis (Barron’s) position Broadcom as the biggest competitive threat to Nvidia in certain AI chip segments, which supports a narrative of durable secular demand and potential market-share gains. Nvidia and Broadcom’s AI Chips
• Positive Sentiment: A U.S. large-cap growth strategy (SGA) publicly highlighted Broadcom as a core holding, signaling institutional conviction among growth managers. SGA Bets on Broadcom
• Neutral Sentiment: Short-interest reports in the feed appear to be erroneous (showing 0 shares / NaN change); no actionable short-squeeze signal is evident from these entries.
• Neutral Sentiment: Coverage pieces and comparison articles (e.g., vs. AMD, Zacks trending notes) are generating investor attention but mostly reiterate AI growth thematic exposure rather than new catalysts. Broadcom Vs. AMD
• Negative Sentiment: Several institutional managers trimmed positions — Morningstar Investment Management sharply cut its stake and Intermede trimmed holdings — which can add selling pressure and signal rebalancing at some funds. Morningstar Cuts Stake Intermede Trims Stake
• Negative Sentiment: Technical/commentary pieces warn of a “risky pattern” despite tailwinds, which may prompt momentum traders to be cautious or take profits. Risky Pattern Warning

Analyst Upgrades and Downgrades

AVGO has been the topic of a number of recent analyst reports. Royal Bank Of Canada initiated coverage on Broadcom in a research report on Wednesday, January 14th. They issued a “sector perform” rating and a $370.00 target price on the stock. KeyCorp reaffirmed an “overweight” rating and set a $500.00 price target (up from $460.00) on shares of Broadcom in a report on Friday, December 12th. TD Cowen reiterated a “buy” rating on shares of Broadcom in a research report on Friday, December 12th. Barclays reissued an “overweight” rating and issued a $500.00 price objective (up previously from $450.00) on shares of Broadcom in a research note on Friday, December 12th. Finally, Truist Financial upped their price target on shares of Broadcom from $500.00 to $510.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $437.28.

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.