RWQ Financial Management Services Inc. Buys 10,680 Shares of Broadcom Inc. $AVGO

RWQ Financial Management Services Inc. increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 56.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,621 shares of the semiconductor manufacturer’s stock after purchasing an additional 10,680 shares during the period. Broadcom accounts for 5.4% of RWQ Financial Management Services Inc.’s portfolio, making the stock its 6th largest position. RWQ Financial Management Services Inc.’s holdings in Broadcom were worth $11,189,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AVGO. ROSS JOHNSON & Associates LLC lifted its stake in Broadcom by 1,320.0% in the fourth quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock valued at $25,000 after buying an additional 66 shares during the last quarter. Networth Advisors LLC boosted its holdings in shares of Broadcom by 546.2% during the first quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 71 shares during the period. SWAN Capital LLC grew its position in shares of Broadcom by 261.9% during the fourth quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 55 shares during the last quarter. Nvest Wealth Strategies Inc. bought a new position in shares of Broadcom during the fourth quarter worth about $33,000. Finally, Family CFO Inc bought a new position in shares of Broadcom during the fourth quarter worth about $35,000. Institutional investors and hedge funds own 76.43% of the company’s stock.

Insider Buying and Selling at Broadcom

In related news, Director Gayla J. Delly sold 1,890 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $385.38, for a total transaction of $728,368.20. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Harry L. You bought 1,000 shares of Broadcom stock in a transaction that occurred on Thursday, June 11th. The shares were acquired at an average price of $373.57 per share, with a total value of $373,570.00. Following the completion of the acquisition, the director directly owned 38,466 shares of the company’s stock, valued at $14,369,743.62. This represents a 2.67% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold 61,644 shares of company stock valued at $24,016,214 over the last quarter. Company insiders own 1.90% of the company’s stock.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s upgrade to a Zacks Rank #2 (Buy) reflects improving earnings expectations. Analysts’ average price target implies roughly 32% upside, though consensus targets are not always reliable indicators. Broadcom Upgraded to Buy
• Positive Sentiment: Commentary argues Broadcom could reshape the AI narrative through strong custom-chip demand, networking exposure and visibility into future orders. Recent results also showed substantial year-over-year revenue growth and an earnings beat. Broadcom Is Set to Rewrite the AI Narrative
• Positive Sentiment: Investors see the VMware portfolio and the upcoming VMware Explore event as opportunities to expand private-AI cloud offerings and drive recurring software revenue. VMware Explore 2026
• Neutral Sentiment: Analysts broadly rate AVGO a Buy, and some individual investors continue purchasing below $400. However, the stock’s elevated valuation means strong future growth may already be reflected in the price. Wall Street Analysts See Broadcom as a Buy
• Negative Sentiment: Bearish analysis warns that AI infrastructure investment could pressure margins if customers demand lower prices or Broadcom faces rising development and manufacturing costs. Broadcom AI Margin Squeeze
• Negative Sentiment: VMware-related uncertainty and the broader semiconductor selloff contributed to recent weakness. Second-quarter filings also showed some prominent investors rotating from Broadcom into Lam Research or Taiwan Semiconductor, increasing concerns about institutional positioning. Funds Rotate Out of Broadcom

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on AVGO shares. Rosenblatt Securities reiterated a “buy” rating and issued a $500.00 price objective on shares of Broadcom in a research report on Thursday, June 4th. Truist Financial upped their target price on shares of Broadcom from $545.00 to $550.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Susquehanna restated a “positive” rating and issued a $490.00 price target (up from $450.00) on shares of Broadcom in a research note on Thursday, May 28th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $525.00 price target on shares of Broadcom in a report on Thursday, June 4th. Finally, Jefferies Financial Group set a $550.00 price target on Broadcom and gave the company a “buy” rating in a report on Thursday, June 4th. Twenty-eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Broadcom currently has an average rating of “Moderate Buy” and an average target price of $493.24.

Broadcom Stock Down 0.1%

Shares of AVGO stock opened at $392.43 on Tuesday. Broadcom Inc. has a 1 year low of $281.87 and a 1 year high of $495.00. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.24. The business’s fifty day moving average is $389.71 and its 200-day moving average is $374.06. The stock has a market cap of $1.87 trillion, a PE ratio of 65.41, a price-to-earnings-growth ratio of 0.75 and a beta of 1.45.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings data on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.04. The business had revenue of $22.19 billion during the quarter, compared to analyst estimates of $22.13 billion. Broadcom had a return on equity of 41.61% and a net margin of 38.85%.The company’s revenue was up 47.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.58 earnings per share. Equities analysts expect that Broadcom Inc. will post 10.24 earnings per share for the current fiscal year.

Broadcom Announces Dividend

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

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.