2,119 Broadcom Inc. $AVGO Shares Bought by Focus Financial Network Inc.

Focus Financial Network Inc. grew its stake in Broadcom Inc. (NASDAQ:AVGO) by 10.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,039 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,119 shares during the period. Focus Financial Network Inc.’s holdings in Broadcom were worth $7,370,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AVGO. Networth Advisors LLC lifted its stake in shares of Broadcom by 546.2% in the 1st quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 71 shares during the period. Core Capital Management & Research inc. acquired a new stake in Broadcom during the second quarter valued at $31,000. Harborfront Financial Group LLC purchased a new position in Broadcom in the second quarter valued at $38,000. IMG Wealth Management Inc. purchased a new position in Broadcom in the second quarter valued at $64,000. Finally, Gilpin Wealth Management LLC increased its holdings in Broadcom by 290.2% in the third quarter. Gilpin Wealth Management LLC now owns 199 shares of the semiconductor manufacturer’s stock valued at $70,000 after buying an additional 148 shares in the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Broadcom Price Performance

Shares of NASDAQ AVGO opened at $357.31 on Wednesday. The firm has a market cap of $1.71 trillion, a PE ratio of 45.63 and a beta of 1.46. The firm has a fifty day moving average of $369.27 and a 200 day moving average of $383.32. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.29 and a current ratio of 2.50. Broadcom Inc. has a one year low of $289.96 and a one year high of $495.00.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.22 by $0.10. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The business had revenue of $29.59 billion for the quarter, compared to the consensus estimate of $29.24 billion. During the same period last year, the firm posted $1.69 earnings per share. The company’s revenue was up 85.5% compared to the same quarter last year. As a group, research analysts predict that Broadcom Inc. will post 10.37 EPS for the current fiscal year.

Broadcom Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 21st were given 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 was Monday, September 21st. Broadcom’s dividend payout ratio is 33.21%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Morgan Stanley reissued an “overweight” rating and set a $505.00 target price (up from $502.00) on shares of Broadcom in a research note on Thursday, September 3rd. Piper Sandler assumed coverage on Broadcom in a research report on Wednesday, September 9th. They set an “overweight” rating and a $460.00 target price on the stock. Arete Research lifted their price target on Broadcom from $488.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Dbs Bank upgraded Broadcom to a “moderate buy” rating in a research note on Thursday, June 18th. Finally, Royal Bank Of Canada began coverage on Broadcom in a report on Thursday, September 3rd. They issued an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $527.20.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is preparing to launch an AI networking platform at the OCP Global Summit 2026. The announcement reinforces expectations that the company can benefit from hyperscaler demand for custom AI infrastructure and networking equipment. Broadcom To Launch AI Networking Platform At OCP Global Summit 2026
• Positive Sentiment: Erste Group Bank modestly raised its FY2027 EPS forecast for Broadcom to $17.59 from $17.54. Although the firm maintained a “Hold” rating, the estimate increase signals continued confidence in the company’s earnings growth. Erste Group Bank Raises Broadcom EPS Estimate
• Positive Sentiment: Broadcom introduced VMware HyperArmor, a security product designed to protect the ESX hypervisor within VMware Cloud Foundation. The release could strengthen the company’s infrastructure-software offering and support cross-selling to enterprise customers. Broadcom Introduces VMware HyperArmor
• Neutral Sentiment: CEO Hock Tan cautioned that capital availability, rather than memory-chip supply, may be the largest near-term constraint on AI expansion. His comments highlight demand risks but also underscore the scale of Broadcom’s AI opportunity. Broadcom CEO Identifies Capital Constraints
• Negative Sentiment: Broadcom remains under pressure after retreating sharply from its record high, despite reported AI-chip revenue of $16.7 billion. The decline reflects profit-taking, elevated expectations and investor concern that AI spending may not justify the stock’s premium valuation. Broadcom Stock Down From Peak Despite AI Revenue
• Negative Sentiment: Broader semiconductor-equipment stocks sold off as investors locked in gains from the AI rally, creating a negative read-through for chip-related names, including AVGO. Semiconductor Equipment Stocks Slide

Broadcom Company Profile

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops, and supplies semiconductor and infrastructure software products. Its semiconductor solutions support wired and wireless communications, data center networking, broadband access, storage, industrial applications, and other markets.

The company’s semiconductor portfolio includes networking and switching products, custom application-specific integrated circuits, wireless connectivity components, radio-frequency devices, optical components, and storage-related solutions.