Rep. Gilbert Ray Cisneros, Jr. Buys Broadcom Inc. (NASDAQ:AVGO) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on January 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Broadcom stock on December 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
• Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
• Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.

Broadcom Trading Up 0.9%

NASDAQ:AVGO traded up $3.09 on Thursday, reaching $342.98. The company’s stock had a trading volume of 22,040,671 shares, compared to its average volume of 24,209,895. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The business’s 50-day moving average price is $359.19 and its two-hundred day moving average price is $332.62. The firm has a market cap of $1.63 trillion, a PE ratio of 72.05, a PEG ratio of 1.20 and a beta of 1.21. 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 (NASDAQ:AVGO) last released its quarterly earnings data 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. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The business had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the previous year, the business posted $1.42 EPS. Broadcom’s revenue for the quarter was up 28.2% on a year-over-year basis. Equities research analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

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

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Cathie Wood’s ARK added to its Broadcom stake, a signal of institutional interest in AVGO as a cheaper way to play AI exposure. Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
• Positive Sentiment: TSMC’s strong earnings and profit growth lifted chip stocks broadly, boosting investor confidence in semiconductor demand that benefits Broadcom’s chip and ASIC businesses. Chip stocks pop after TSMC’s earnings beat boosts confidence in industrywide demand
• Positive Sentiment: Analysts continue to back Broadcom’s AI leadership — Bernstein and others say competition fears are overblown, reinforcing confidence in Broadcom’s ASIC roadmap. Bernstein Says AI Competition Fears Around Broadcom (AVGO) Are Overblown
• Positive Sentiment: KeyCorp reaffirmed an Overweight view and published multi-year EPS upside (including a $500 price target and elevated FY2027 estimates), supporting the stock’s valuation re-rate. MarketBeat – Broadcom (AVGO) analyst coverage
• Positive Sentiment: Mizuho raised its price target to $480 and multiple outlets highlighted Broadcom as a top pick for 2026, adding to bullish sentiment from large sell-side firms. Mizuho Raises Firm’s PT on Broadcom (AVGO) Stock
• Neutral Sentiment: Product news: Broadcom unveiled new Wi‑Fi products at CES 2026, which supports its connectivity portfolio but is a smaller, incremental revenue story versus its AI/ASIC business. Broadcom Inc. (AVGO) Launches new Wi-Fi Products at CES 2026
• Neutral Sentiment: Analyst comparisons (Zacks, Seeking Alpha) generally favor Broadcom over Intel for AI infrastructure exposure, reinforcing the thematic investment case but not an immediate catalyst. INTC vs. AVGO: Which Chip Stock is a Better Buy for AI Infrastructure?
• Negative Sentiment: Geopolitical/regulatory risk: China reportedly banned Broadcom’s cybersecurity products, which could dent revenue in that segment and adds uncertainty for enterprise sales in China. China Just Banned Broadcom’s Cybersecurity Solutions. What Does That Mean for AVGO Stock?
• Negative Sentiment: Insider selling: reports show executives and insiders sold roughly $490M of stock (including a ~$24M sale by CEO Hock Tan), which can spook investors even if sales are programmatic/expected. Broadcom Insiders Sold US$490m Of Shares Suggesting Hesitancy Broadcom CEO Hock Tan just sold $24 million worth of AVGO stock. Should you dump shares too?
• Negative Sentiment: Short‑term volatility: coverage and commentary point to a sharp intraday sell-off earlier, suggesting some traders are taking profits or reacting to the regulatory/insider news. Why is Broadcom stock witnessing a sharp sell-off today?

Analyst Ratings Changes

A number of brokerages recently weighed in on AVGO. Mizuho set a $480.00 target price on shares of Broadcom and gave the stock an “outperform” rating in a research note on Friday, January 9th. Bank of America upped their price objective on Broadcom from $460.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. UBS Group set a $475.00 target price on Broadcom and gave the company a “buy” rating in a research report on Monday, December 15th. Raymond James Financial set a $420.00 price target on shares of Broadcom and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Finally, Barclays restated an “overweight” rating and set a $500.00 target price (up previously from $450.00) on shares of Broadcom in a report on Friday, December 12th. Three research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $438.61.

Hedge Funds Weigh In On Broadcom

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

Insider Transactions at Broadcom

In other news, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total value of $10,434,600.00. Following the transaction, the chief financial officer owned 277,237 shares in the company, valued at approximately $96,428,573.34. This trade represents a 9.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Hock E. Tan sold 70,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total value of $24,311,000.00. Following the sale, the chief executive officer owned 132,836 shares of the company’s stock, valued at approximately $46,133,942.80. This represents a 34.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 779,901 shares of company stock worth $284,069,237. 2.00% of the stock is owned by insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Broadcom

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.