Broadcom Inc. $AVGO Shares Purchased by Vinva Investment Management Ltd

Vinva Investment Management Ltd lifted its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 36.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 315,386 shares of the semiconductor manufacturer’s stock after buying an additional 84,277 shares during the period. Broadcom comprises about 2.3% of Vinva Investment Management Ltd’s investment portfolio, making the stock its 5th largest holding. Vinva Investment Management Ltd’s holdings in Broadcom were worth $84,949,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of AVGO. Cheviot Value Management LLC bought a new stake in shares of Broadcom in the first quarter worth $25,000. Sawyer & Company Inc grew its position in Broadcom by 62.1% in the second quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 36 shares in the last quarter. Longfellow Investment Management Co. LLC acquired a new stake in Broadcom in the 2nd quarter valued at $27,000. Legend Financial Advisors Inc. bought a new stake in Broadcom during the 2nd quarter worth about $28,000. Finally, LGT Financial Advisors LLC acquired a new position in shares of Broadcom during the 2nd quarter worth about $31,000. Institutional investors own 76.43% of the company’s stock.

Insider Activity at Broadcom

In related news, Director Justine Page sold 800 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $331.14, for a total value of $264,912.00. Following the transaction, the director owned 21,382 shares in the company, valued at approximately $7,080,435.48. This trade represents a 3.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Charlie B. Kawwas sold 3,893 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $347.82, for a total transaction of $1,354,063.26. Following the sale, the insider directly owned 25,295 shares of the company’s stock, valued at approximately $8,798,106.90. This trade represents a 13.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders acquired 3,550 shares of company stock worth $1,227,869 and sold 665,271 shares worth $225,483,192. Company insiders own 2.00% of the company’s stock.

Broadcom Price Performance

Broadcom stock opened at $397.57 on Thursday. The stock’s 50 day moving average is $349.96 and its 200-day moving average is $304.36. The company has a market capitalization of $1.88 trillion, a price-to-earnings ratio of 101.42, a PEG ratio of 1.31 and a beta of 1.19. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $399.87. The company has a current ratio of 1.50, a quick ratio of 1.37 and a debt-to-equity ratio of 0.86.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Thursday, September 4th. The semiconductor manufacturer reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.03. The business had revenue of $15.95 billion for the quarter, compared to analyst estimates of $15.82 billion. Broadcom had a net margin of 31.59% and a return on equity of 36.60%. Broadcom’s revenue for the quarter was up 22.0% compared to the same quarter last year. During the same period last year, the firm earned $1.24 earnings per share. Broadcom has set its Q4 2025 guidance at EPS. Equities research analysts expect that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Monday, September 22nd. Broadcom’s dividend payout ratio (DPR) is 60.20%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AVGO. Argus lifted their target price on Broadcom from $285.00 to $375.00 and gave the company a “buy” rating in a research report on Monday, September 8th. UBS Group set a $415.00 price target on Broadcom and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft set a $400.00 target price on shares of Broadcom and gave the company a “buy” rating in a research note on Tuesday, October 14th. Truist Financial boosted their price objective on shares of Broadcom from $295.00 to $365.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. Finally, Citigroup reissued a “buy” rating and set a $415.00 price target (up previously from $350.00) on shares of Broadcom in a research report on Tuesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Broadcom currently has a consensus rating of “Buy” and an average price target of $377.61.

Broadcom Profile

Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.