Xponance Inc. Has $380.79 Million Stock Position in Broadcom Inc. $AVGO

Xponance Inc. lowered its stake in Broadcom Inc. (NASDAQ:AVGO) by 4.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,154,220 shares of the semiconductor manufacturer’s stock after selling 50,579 shares during the quarter. Broadcom accounts for 3.0% of Xponance Inc.’s portfolio, making the stock its 5th largest position. Xponance Inc.’s holdings in Broadcom were worth $380,789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Broadcom during the 2nd quarter valued at $18,579,549,000. Vanguard Group Inc. lifted its position in Broadcom by 1.3% during the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock valued at $133,261,046,000 after purchasing an additional 6,222,802 shares in the last quarter. Edgewood Management LLC bought a new stake in Broadcom during the second quarter valued at about $1,571,438,000. Massachusetts Financial Services Co. MA increased its position in Broadcom by 115.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,017,340 shares of the semiconductor manufacturer’s stock worth $1,658,680,000 after buying an additional 3,224,739 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Broadcom by 8.4% during the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock worth $10,598,641,000 after acquiring an additional 2,978,768 shares during the period. Institutional investors own 76.43% of the company’s stock.

Broadcom Stock Performance

Shares of NASDAQ:AVGO opened at $321.70 on Friday. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The firm has a market cap of $1.53 trillion, a PE ratio of 67.58, a price-to-earnings-growth ratio of 1.06 and a beta of 1.21. The firm’s 50 day simple moving average is $336.76 and its 200-day simple moving average is $342.20. 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 firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the company posted $1.42 earnings per share. The firm’s quarterly revenue was up 28.2% on a year-over-year basis. As a group, equities analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

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

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom says it expects to sell at least 1 million 3D‑stacked AI chips by 2027 — management highlights stacked-design scale as a meaningful growth lever for its AI accelerator business, signaling material unit volume and revenue upside if adoption by datacenter customers ramps. Exclusive: Broadcom expects to sell 1 million 3D stacked chips by 2027
• Positive Sentiment: Product rollout: Broadcom has launched/started shipping advanced 3.5D face‑to‑face compute SoCs and the BroadPeak family (5G/AI-focused), which strengthens its competitive position in high‑performance AI silicon and telecom infrastructure markets. These product wins support upside to AI-related revenue forecasts. Broadcom Ships 3.5D Face-to-Face Compute SoC Powering AI Revolution
• Positive Sentiment: Analyst backing: TD Cowen adjusted Broadcom’s valuation while noting long‑term AI tailwinds — a signal that some sell‑side coverage is supportive of a higher long‑term multiple as AI revenue scales. TD Cowen Adjusts Broadcom (AVGO) Valuation, Highlights Long-Term AI Tailwinds
• Neutral Sentiment: Near‑term catalyst: Broadcom reports fiscal Q1 results on March 4 — expectations are elevated (Wall Street models EPS growth), so the print and guidance will likely drive the next directional move. Positioning ahead of the report explains some pre‑earnings volatility. Broadcom Inc. (AVGO) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Sector rotation after Nvidia: Nvidia’s blockbuster quarter drew capital into NVDA and related names, prompting profit‑taking in other AI/semiconductor stocks including Broadcom — a main reason for today’s weakness. Broadcom Falls After Nvidia Earnings, but Here’s Why Investors Should Still Buy
• Negative Sentiment: Rotation / sell‑off risk flagged by analysts: Commentaries warn a tech rotation or “irrational” sector selloff ahead of Broadcom’s quarter could pressure the stock even if fundamentals remain intact. Broadcom Q1 Preview: Tech Rotation Could Trigger Another Irrational Selloff
• Negative Sentiment: Minor fund selling: MIG Capital trimmed its Broadcom stake — a small institutional trim that can contribute to intraday pressure in a highly traded name. MIG Capital Trims Broadcom Inc. Stake by 18,461 Shares
• Negative Sentiment: Risk reminders: Coverage highlighting execution, valuation and competitive risks for AVGO (e.g., dependency on AI cycle timing and large customer dynamics) may be tempering investor enthusiasm despite product progress. What Are The Risks Threatening AVGO Stock’s Run?

Insiders Place Their Bets

In other news, insider Mark David Brazeal sold 38,281 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.65, for a total transaction of $12,542,769.65. Following the transaction, the insider owned 266,494 shares in the company, valued at $87,316,759.10. This represents a 12.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the sale, the chief financial officer directly owned 277,237 shares in the company, valued at approximately $96,428,573.34. This represents a 9.76% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 779,101 shares of company stock valued at $283,804,325. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on AVGO shares. UBS Group set a $475.00 price objective on Broadcom and gave the company a “buy” rating in a research report on Monday, December 15th. Piper Sandler restated an “overweight” rating and issued a $430.00 price target (up from $375.00) on shares of Broadcom in a research note on Friday, December 12th. Truist Financial lifted their price objective on shares of Broadcom from $500.00 to $510.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Zacks Research upgraded Broadcom from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Finally, Susquehanna reiterated a “positive” rating and set a $450.00 price objective (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $433.13.

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.