17,520 Broadcom Inc. $AVGO Shares Acquired by Gunderson Capital Management LLC

Gunderson Capital Management LLC grew its position in Broadcom Inc. (NASDAQ:AVGO) by 75.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 40,673 shares of the semiconductor manufacturer’s stock after purchasing an additional 17,520 shares during the period. Broadcom accounts for about 3.9% of Gunderson Capital Management LLC’s portfolio, making the stock its 11th largest holding. Gunderson Capital Management LLC’s holdings in Broadcom were worth $14,284,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AVGO. Cornerstone Advisors LLC purchased a new stake in shares of Broadcom during the second quarter valued at approximately $92,522,000. GAMMA Investing LLC grew its position in shares of Broadcom by 8.8% during the 3rd quarter. GAMMA Investing LLC now owns 164,015 shares of the semiconductor manufacturer’s stock valued at $55,889,000 after acquiring an additional 13,317 shares during the period. ANB Bank purchased a new position in Broadcom in the third quarter valued at approximately $1,181,000. Bank of America Corp DE lifted its position 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 buying an additional 894,564 shares during the last quarter. Finally, Clear Harbor Asset Management LLC purchased a new stake in Broadcom in the 2nd quarter worth about $3,302,000. 76.43% of the stock is currently owned by institutional investors.

Broadcom Trading Down 0.6%

NASDAQ:AVGO opened at $344.33 on Friday. The firm has a market capitalization of $1.64 trillion, a P/E ratio of 43.98 and a beta of 1.46. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.29. Broadcom Inc. has a one year low of $289.96 and a one year high of $495.00. The company’s 50-day simple moving average is $366.31 and its 200 day simple moving average is $383.89.

Broadcom (NASDAQ:AVGO) last issued its earnings results on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 EPS for the quarter, beating the consensus estimate of $3.22 by $0.10. Broadcom had a return on equity of 48.33% and a net margin of 42.94%. The business had revenue of $29.59 billion for the quarter, compared to the consensus estimate of $29.24 billion. During the same period last year, the business posted $1.69 EPS. The company’s revenue was up 85.5% compared to the same quarter last year. As a group, analysts forecast that Broadcom Inc. will post 10.37 EPS for the current fiscal year.

Broadcom Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 21st were issued a $0.65 dividend. 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 presently 33.21%.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s AI business remains a major growth driver. Reports highlight 221% growth in AI chip sales, strong demand for custom accelerators, and hyperscaler interest in alternatives to Nvidia’s higher-cost architecture. Some analysts believe Broadcom could benefit as AI spending broadens beyond Nvidia. Prediction: Broadcom Could Be the AI Winner After Nvidia
• Positive Sentiment: Bullish coverage points to Broadcom’s combination of high-margin semiconductors, networking products, custom silicon, and recurring infrastructure software revenue. Supporters argue that weaker non-AI segments are masking strong execution and creating a long-term buying opportunity. I’m Simply Not Worried About Broadcom’s Multi-Segment Drag
• Neutral Sentiment: Comparisons with Nvidia, Applied Materials, Marvell Technology, and SK Hynix emphasize Broadcom’s differentiated exposure to networking and custom AI chips, although SK Hynix recently showed stronger overall revenue momentum. These comparisons reinforce the investment debate rather than introduce a new company-specific catalyst. Broadcom vs. SK Hynix Revenue Trends
• Negative Sentiment: Tan cautioned that AI investing is becoming “casino”-like and that investors may underestimate how difficult it will be for AI companies to earn returns as spending and financing costs rise. He warned that tighter capital availability could slow AI infrastructure expansion. Broadcom CEO Hock Tan Warning About Casino-Like Investing
• Negative Sentiment: Investors are also examining potential off-balance-sheet financing and a reported $50 billion debt arrangement, increasing concern about leverage and counterparty risks if AI demand or customer returns weaken. Broadcom Off-Balance-Sheet Financing Risk
• Negative Sentiment: Apple’s reported cuts to iPhone 18 Pro component orders raise questions about Broadcom’s smartphone-related sales, while the continuing technology sell-off is weighing on high-valuation AI stocks broadly. Apple Cut iPhone 18 Orders

Wall Street Analyst Weigh In

Several research analysts recently commented on AVGO shares. HSBC cut their price objective on shares of Broadcom from $600.00 to $560.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. Fox Advisors upgraded Broadcom to an “outperform” rating in a research report on Thursday, September 3rd. BNP Paribas Exane upped their target price on Broadcom from $675.00 to $715.00 and gave the stock an “outperform” rating in a research note on Friday, September 4th. KeyCorp reissued an “overweight” rating and set a $575.00 price objective on shares of Broadcom in a report on Thursday, September 3rd. Finally, Arete Research increased their target price on Broadcom from $488.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $527.20.

Broadcom Profile

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops, and supplies semiconductor and infrastructure software products. Its semiconductor solutions support wired and wireless communications, data center networking, broadband access, storage, industrial applications, and other markets.

The company’s semiconductor portfolio includes networking and switching products, custom application-specific integrated circuits, wireless connectivity components, radio-frequency devices, optical components, and storage-related solutions.