Broadcom Inc. $AVGO Shares Acquired by Navellier & Associates Inc.

Navellier & Associates Inc. increased its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 13.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 13,451 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,600 shares during the quarter. Navellier & Associates Inc.’s holdings in Broadcom were worth $4,437,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. JCIC Asset Management Inc. acquired a new position in shares of Broadcom in the 3rd quarter valued at $31,000. Longfellow Investment Management Co. LLC purchased a new stake in Broadcom in the 2nd quarter valued at about $27,000. Teachers Insurance & Annuity Association of America purchased a new stake in Broadcom in the 2nd quarter valued at about $28,000. Manning & Napier Advisors LLC acquired a new position in Broadcom in the third quarter valued at about $34,000. Finally, LGT Financial Advisors LLC purchased a new position in Broadcom during the second quarter worth about $31,000. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom launched a Wi‑Fi 8 enterprise platform positioning the company to sell AI‑optimized networking into enterprises — a product roadmap win that supports longer‑term AI revenue growth. Broadcom Targets AI Edge With New Wi Fi 8 Enterprise Platform
• Positive Sentiment: Analysts (including UBS coverage cited in recent pieces) remain bullish on Broadcom’s AI momentum and strong server demand, which underpins upside to networking and infrastructure‑software revenue. UBS Remains Bullish on Broadcom
• Positive Sentiment: Features in outlets (Barron’s, industry write‑ups) highlight Broadcom as a credible competitor to Nvidia in certain AI‑chip and networking segments — a narrative that supports premium multiple expectations if Broadcom converts design wins. Nvidia and Broadcom’s AI Chips Will Go Head-to-Head
• Neutral Sentiment: Broadcom is a top holding in dividend/quality ETFs (e.g., VIG), which provides steady institutional demand but also ties AVGO performance to broader ETF flows. VIG/SCHD ETF coverage mentioning AVGO
• Neutral Sentiment: Multiple investor letters and fund commentary (Baron, SGA strategy pieces) note Broadcom as a core AI/infrastructure holding — supportive long‑term, but these are high‑level endorsements rather than immediate catalysts. SGA U.S. Large Cap Growth Strategy Bets on Broadcom
• Negative Sentiment: Several institutional managers have trimmed Broadcom positions recently (Morningstar Investment Management, Intermede, SCS Capital), and at least one manager boosted exposure — the net of these trades can drive near‑term volatility and signal some profit‑taking. Morningstar Investment Management Cuts Broadcom Inc. Stake Sharply SCS Capital Cuts Broadcom Stake Suncoast Equity Boosts Broadcom Stake
• Negative Sentiment: Technical/valuation caution: commentary flagged a “risky pattern” despite strong tailwinds, a storyline that can trigger short‑term selling from momentum/quant strategies. Broadcom stock: risky pattern emerges despite solid tailwinds
• Negative Sentiment: Short‑interest reports in the feed show anomalous data (0 shares / NaN changes) but headlines about rising short interest — even if erroneous — can spook momentum traders; treat these data as unreliable until cleared. Short interest data notices (internal feed)

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on AVGO shares. Wells Fargo & Company raised shares of Broadcom from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $410.00 to $430.00 in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft set a $430.00 target price on Broadcom and gave the company a “buy” rating in a research report on Friday, December 12th. Weiss Ratings restated a “buy (b)” rating on shares of Broadcom in a research note on Monday, December 29th. Bank of America lifted their price objective on Broadcom from $460.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Finally, Benchmark increased their target price on Broadcom from $385.00 to $485.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $433.87.

Insider Activity

In other news, insider Mark David Brazeal sold 38,281 shares of the firm’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $327.65, for a total value of $12,542,769.65. Following the sale, the insider directly owned 266,494 shares in the company, valued at approximately $87,316,759.10. This trade represents a 12.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Henry Samueli sold 320,316 shares of the business’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $400.53, for a total transaction of $128,296,167.48. Following the transaction, the director owned 37,326,540 shares of the company’s stock, valued at approximately $14,950,399,066.20. The trade was a 0.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 779,101 shares of company stock worth $283,804,325 over the last three months. Insiders own 2.00% of the company’s stock.

Broadcom Stock Down 3.4%

Broadcom stock opened at $331.17 on Friday. The firm has a market capitalization of $1.57 trillion, a P/E ratio of 69.57, a P/E/G ratio of 1.11 and a beta of 1.21. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. The stock’s fifty day simple moving average is $345.18 and its 200-day simple moving average is $340.01.

Broadcom (NASDAQ:AVGO) last released its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, topping 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 analysts’ expectations of $17.46 billion. During the same period in the previous year, the firm posted $1.42 EPS. Broadcom’s revenue for the quarter was up 28.2% on a year-over-year basis. As a group, equities analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.8%. This is a positive change 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 is 54.62%.

About Broadcom

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.