Rep. John McGuire Unloads Shares of Broadcom Inc. (NASDAQ:AVGO)

Representative John McGuire (Republican-Virginia) recently sold shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on November 1st, the Representative disclosed that they had sold between $1,001 and $15,000 in Broadcom stock on September 24th. The trade occurred in the Representative’s “MERRILL LYNCH SEP IRA” account.

Representative John McGuire also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 10/1/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 9/25/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/18/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/18/2026.

Broadcom Stock Performance

AVGO opened at $322.23 on Tuesday. Broadcom Inc. has a 1-year low of $289.96 and a 1-year high of $495.00. The company has a market cap of $1.54 trillion, a price-to-earnings ratio of 41.15 and a beta of 1.46. The company’s fifty day moving average price is $351.88 and its two-hundred day moving average price is $366.79. The company has a current ratio of 2.50, a quick ratio of 2.29 and a debt-to-equity ratio of 0.57.

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

Broadcom Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were issued a dividend of $0.65 per share. The ex-dividend date was Monday, September 21st. This represents a $2.60 annualized dividend and a yield of 0.8%. Broadcom’s dividend payout ratio is presently 33.21%.

Hedge Funds Weigh In On Broadcom

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Destiny Capital Corp CO purchased a new position in Broadcom in the 3rd quarter valued at about $203,000. United Advisor Group LLC grew its position in Broadcom by 21.9% during the third quarter. United Advisor Group LLC now owns 8,760 shares of the semiconductor manufacturer’s stock valued at $3,076,000 after acquiring an additional 1,574 shares during the period. Prudent Man Investment Management Inc. raised its holdings in Broadcom by 310.6% in the third quarter. Prudent Man Investment Management Inc. now owns 193 shares of the semiconductor manufacturer’s stock valued at $68,000 after buying an additional 146 shares during the period. Plancorp LLC lifted its holdings in shares of Broadcom by 14.3% during the 3rd quarter. Plancorp LLC now owns 14,575 shares of the semiconductor manufacturer’s stock valued at $4,753,000 after acquiring an additional 1,828 shares in the last quarter. Finally, May Hill Capital LLC grew its stake in shares of Broadcom by 8.2% in the third quarter. May Hill Capital LLC now owns 9,249 shares of the semiconductor manufacturer’s stock valued at $3,248,000 after buying an additional 704 shares in the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AVGO. UBS Group lowered shares of Broadcom from a “hold” rating to a “neutral” rating in a research note on Tuesday, October 27th. President Capital raised their price target on shares of Broadcom from $520.00 to $546.00 and gave the company a “buy” rating in a research report on Thursday, September 3rd. Tigress Financial assumed coverage on shares of Broadcom in a report on Thursday, October 22nd. They set a “buy” rating and a $600.00 price target on the stock. KeyCorp reaffirmed an “overweight” rating and issued a $575.00 price objective on shares of Broadcom in a research report on Thursday, September 3rd. Finally, The Goldman Sachs Group increased their price objective on shares of Broadcom from $525.00 to $540.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $530.52.

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia’s 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia’s 5th Congressional District. He declared candidacy for the 2026 election.

John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

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.