3,108 Shares in Broadcom Inc. $AVGO Purchased by PACK Private Wealth LLC

PACK Private Wealth LLC purchased a new stake in Broadcom Inc. (NASDAQ:AVGO) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,108 shares of the semiconductor manufacturer’s stock, valued at approximately $1,025,000. Broadcom accounts for about 0.5% of PACK Private Wealth LLC’s portfolio, making the stock its 18th biggest position.

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

Insider Buying and Selling

In related news, CFO Kirsten M. Spears sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the completion of the transaction, the chief financial officer directly owned 277,237 shares in the company, valued at $96,428,573.34. This represents a 9.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark David Brazeal sold 30,000 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the completion of the transaction, the insider directly owned 210,573 shares of the company’s stock, valued at approximately $73,094,099.76. The trade was a 12.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 779,101 shares of company stock worth $283,804,325 in the last quarter. Corporate insiders own 2.00% of the company’s stock.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Wall Street analysts see sizable upside after the recent pullback, arguing Broadcom could rebound strongly from the selloff, which supports buy-side interest and limits further downside risk. Wall Street Sees 29% Upside for Broadcom After Recent Selloff
• Positive Sentiment: Soros Fund Management increased its stake in AVGO, signaling conviction from a large, well-known institutional investor — a bullish signal for long-term demand. Soros Fund Management boosts Broadcom stake with 102,379 shares
• Positive Sentiment: Product roadmap: Broadcom’s Wi‑Fi 8 push targets AI-ready enterprise upgrades — a strategic growth angle that supports medium-term revenue expansion in networking and AI infrastructure. Broadcom Wi-Fi 8 Launch Targets AI Ready Enterprise Network Upgrades
• Neutral Sentiment: Analyst consensus remains a “Buy,” reflecting continued sell‑side support even as the name trades off — this provides a floor for investor expectations. Broadcom Inc. (NASDAQ:AVGO) Given Consensus Recommendation of “Buy” by Analysts
• Neutral Sentiment: Reported short‑interest data appears negligible/erroneous (shows zero), so short-selling pressure is not a clear driver of today’s move. (Low informational value.)
• Negative Sentiment: Hedge fund trimming: Bowie Capital cut its Broadcom stake, which can pressure the tape and signal tactical profit‑taking among active managers. Bowie Capital Management Cuts Broadcom Stake by 72,863 Shares
• Negative Sentiment: Competitive/valuation pressure: analyst comparisons favor NVIDIA over Broadcom on valuation and data‑center dominance, which can divert AI‑money away from AVGO and weigh on multiple expansion. NVIDIA vs. Broadcom: Which AI Chip Stock Is the Better Buy Now?
• Negative Sentiment: Some coverage flags that Broadcom’s AI/Wi‑Fi 8 push is already being used to test valuation and growth expectations — raising investor scrutiny on whether future results justify current multiples. Broadcom’s AI Wi Fi 8 Push Tests Valuation And Growth Expectations

Broadcom Stock Down 1.8%

NASDAQ AVGO opened at $325.17 on Tuesday. The business has a fifty day moving average price of $342.36 and a two-hundred day moving average price of $341.02. The stock has a market capitalization of $1.54 trillion, a PE ratio of 68.31, a PEG ratio of 1.05 and a beta of 1.21. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.08. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The company had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the previous year, the firm earned $1.42 EPS. Broadcom’s revenue was up 28.2% on a year-over-year basis. Equities analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Truist Financial boosted their price objective on shares of Broadcom from $500.00 to $510.00 and gave the company a “buy” rating in a report on Friday, December 19th. Raymond James Financial set a $420.00 price target on shares of Broadcom and gave the company an “outperform” rating in a research report on Thursday, November 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Broadcom in a research report on Monday, December 29th. Wolfe Research raised Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price objective for the company in a report on Friday, January 30th. Finally, Piper Sandler reiterated an “overweight” rating and set a $430.00 target price (up from $375.00) on shares of Broadcom in a research report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $433.87.

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.