4,541 Broadcom Inc. $AVGO Shares Sold by RWQ Financial Management Services Inc.

RWQ Financial Management Services Inc. cut its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 15.3% in the third quarter, HoldingsChannel.com reports. The fund owned 25,080 shares of the semiconductor manufacturer’s stock after selling 4,541 shares during the period. Broadcom makes up about 4.9% of RWQ Financial Management Services Inc.’s investment portfolio, making the stock its 10th biggest position. RWQ Financial Management Services Inc.’s holdings in Broadcom were worth $8,808,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fullerton Advisors LLC lifted its holdings in Broadcom by 1.3% in the 1st quarter. Fullerton Advisors LLC now owns 1,989 shares of the semiconductor manufacturer’s stock valued at $616,000 after purchasing an additional 25 shares in the last quarter. NORTHSTAR ASSET MANAGEMENT Co boosted its holdings in Broadcom by 0.5% in the 1st quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 5,350 shares of the semiconductor manufacturer’s stock valued at $1,656,000 after purchasing an additional 25 shares during the last quarter. RFG Holdings Inc. lifted its holdings in Broadcom by 0.3% in the first quarter. RFG Holdings Inc. now owns 8,499 shares of the semiconductor manufacturer’s stock valued at $2,631,000 after acquiring an additional 26 shares during the last quarter. Yukon Wealth Management Inc. lifted its stake in shares of Broadcom by 1.1% in the 1st quarter. Yukon Wealth Management Inc. now owns 2,501 shares of the semiconductor manufacturer’s stock valued at $774,000 after purchasing an additional 26 shares during the last quarter. Finally, NerdWallet Wealth Partners LLC boosted its stake in Broadcom by 2.6% during the second quarter. NerdWallet Wealth Partners LLC now owns 1,057 shares of the semiconductor manufacturer’s stock worth $399,000 after buying an additional 27 shares during the period. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: 10-year NTT DOCOMO agreement: Broadcom will help NTT DOCOMO advance its private cloud using VMware Cloud Foundation. The deal supports recurring software revenue, strengthens VMware’s position in enterprise infrastructure, and could improve confidence in Broadcom’s post-acquisition software strategy. Broadcom to Advance NTT DOCOMO’s Private Cloud with VMware Cloud Foundation
• Positive Sentiment: AI-chip momentum remains strong: Reports highlight Broadcom’s AI-chip sales growth of approximately 236%, with recent performance exceeding Wall Street expectations. Continued hyperscaler spending on custom silicon and networking equipment supports the company’s growth outlook. Broadcom Sees AI Chip Sales Up 236%, but Who Is Paying?
• Positive Sentiment: Semiconductor rebound thesis: Short interest in the leveraged SOXL semiconductor ETF has fallen sharply while institutional investors, including JPMorgan, have increased exposure. This suggests some investors view the sector’s sell-off as a temporary valuation reset rather than a deterioration in chip demand. Chip Stocks Are Sliding—Why Is Smart Money Buying?
• Neutral Sentiment: OpenAI fundraising highlights AI demand but benefits Nvidia more directly: OpenAI is reportedly seeking roughly $30 billion at a valuation above $1.4 trillion, while Nvidia agreed to guarantee up to $105 billion of obligations tied to an Ohio campus. The development reinforces AI infrastructure demand, but the announced financing has no direct Broadcom commitment. OpenAI Is Reportedly Raising $30 Billion. Which Chip Stock Gains the Most?
• Negative Sentiment: AI bubble and execution concerns: CEO Hock Tan’s comments comparing AI investment conditions to a “casino,” along with warnings about capital constraints, have unsettled retail investors. Broader concerns about an AI bubble and semiconductor supply bottlenecks are contributing to risk reduction across chip stocks. AI Stocks Are Flashing a Bubble-Burst Warning
• Negative Sentiment: Technical and valuation pressure persists: AVGO is trading well below its 52-week high and below both its 50-day and 200-day moving averages. With a forward growth story already reflected in a high valuation, investors may remain sensitive to any slowdown in AI orders or customer concentration concerns.

Broadcom Stock Down 0.1%

AVGO stock opened at $334.37 on Wednesday. Broadcom Inc. has a 12 month low of $289.96 and a 12 month high of $495.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.29. The company has a market cap of $1.60 trillion, a price-to-earnings ratio of 42.70 and a beta of 1.46. The company has a fifty day moving average price of $360.94 and a 200 day moving average price of $384.47.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 EPS for the quarter, beating analysts’ consensus estimates of $3.22 by $0.10. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The company had revenue of $29.59 billion for the quarter, compared to analyst estimates of $29.24 billion. During the same period in the previous year, the business posted $1.69 earnings per share. Broadcom’s quarterly revenue was up 85.5% on a year-over-year basis. Sell-side analysts expect that Broadcom Inc. will post 10.37 earnings per share for the current 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 issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is currently 33.21%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. President Capital raised their price target on Broadcom from $520.00 to $546.00 and gave the stock a “buy” rating in a research report on Thursday, September 3rd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Broadcom in a report on Thursday, September 3rd. Wall Street Zen downgraded Broadcom from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. BMO Capital Markets increased their target price on shares of Broadcom from $455.00 to $575.00 and gave the company an “outperform” rating in a research report on Thursday, September 3rd. Finally, Morgan Stanley reissued an “overweight” rating and issued a $505.00 target price (up from $502.00) on shares of Broadcom in a research report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $527.20.

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 data center, networking, broadband, wireless communications, storage, industrial and other electronic applications.

The company’s semiconductor portfolio includes networking and switching components, custom accelerators, connectivity and wireless devices, broadband equipment, optical products, storage controllers and related infrastructure technologies.