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

RWQ Financial Management Services Inc. grew its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 56.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,621 shares of the semiconductor manufacturer’s stock after acquiring an additional 10,680 shares during the quarter. Broadcom comprises 5.4% of RWQ Financial Management Services Inc.’s portfolio, making the stock its 6th biggest position. RWQ Financial Management Services Inc.’s holdings in Broadcom were worth $11,189,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of Broadcom by 1.5% during the 1st quarter. Bank of America Corp DE now owns 58,737,097 shares of the semiconductor manufacturer’s stock valued at $18,179,719,000 after acquiring an additional 894,564 shares in the last quarter. Bartlett & CO. Wealth Management LLC increased its holdings in Broadcom by 129.3% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 110,048 shares of the semiconductor manufacturer’s stock valued at $34,061,000 after purchasing an additional 62,050 shares in the last quarter. First Bank & Trust increased its holdings in Broadcom by 17.2% in the 2nd quarter. First Bank & Trust now owns 10,503 shares of the semiconductor manufacturer’s stock valued at $3,968,000 after purchasing an additional 1,545 shares in the last quarter. Fifth Lane Capital LP raised its position in Broadcom by 77.8% in the fourth quarter. Fifth Lane Capital LP now owns 4,000 shares of the semiconductor manufacturer’s stock valued at $1,384,000 after purchasing an additional 1,750 shares during the period. Finally, Wealthcare Capital Partners LLC raised its position in Broadcom by 36.4% in the second quarter. Wealthcare Capital Partners LLC now owns 4,407 shares of the semiconductor manufacturer’s stock valued at $1,665,000 after purchasing an additional 1,176 shares during the period. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Broadcom Trading Down 0.1%

NASDAQ:AVGO opened at $392.43 on Tuesday. The company has a market cap of $1.87 trillion, a PE ratio of 65.41, a P/E/G ratio of 0.75 and a beta of 1.45. The business’s 50 day moving average is $389.71 and its two-hundred day moving average is $374.06. The company has a quick ratio of 2.01, a current ratio of 2.24 and a debt-to-equity ratio of 0.71. Broadcom Inc. has a 52 week low of $281.87 and a 52 week high of $495.00.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.04. The business had revenue of $22.19 billion during the quarter, compared to the consensus estimate of $22.13 billion. Broadcom had a return on equity of 41.61% and a net margin of 38.85%.The business’s quarterly revenue was up 47.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.58 EPS. On average, analysts predict that Broadcom Inc. will post 10.24 EPS for the current year.

Broadcom Dividend Announcement

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

Broadcom News Roundup

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

Insider Buying and Selling at Broadcom

In other Broadcom news, Director Gayla J. Delly sold 1,890 shares of the stock in a transaction 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 sale, the director directly owned 31,326 shares of the company’s stock, valued at approximately $12,072,413.88. This represents a 5.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark David Brazeal sold 25,000 shares of the firm’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the completion of the transaction, the insider owned 194,989 shares in the company, valued at approximately $78,254,935.37. The trade was a 11.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 61,644 shares of company stock worth $24,016,214 in the last ninety days. 1.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

AVGO has been the subject of several analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $500.00 target price on shares of Broadcom in a research report on Thursday, June 4th. TD Cowen reiterated a “buy” rating and set a $500.00 target price on shares of Broadcom in a report on Thursday, June 4th. Truist Financial boosted their price target on Broadcom from $545.00 to $550.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. KeyCorp restated an “overweight” rating and issued a $575.00 price target (up from $500.00) on shares of Broadcom in a report on Thursday, June 4th. Finally, Dbs Bank raised shares of Broadcom to a “moderate buy” rating in a research report on Thursday, June 18th. Twenty-eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Broadcom presently has an average rating of “Moderate Buy” and an average target price of $493.24.

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.