Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on January 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Broadcom stock on December 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
- Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
- Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.
Broadcom Stock Up 1.5%
AVGO stock traded up $4.93 during midday trading on Thursday, reaching $344.82. 13,317,475 shares of the company’s stock traded hands, compared to its average volume of 23,246,684. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 0.76. The firm’s fifty day moving average price is $359.19 and its 200-day moving average price is $332.62. Broadcom Inc. has a 52 week low of $138.10 and a 52 week high of $414.61. The company has a market cap of $1.63 trillion, a price-to-earnings ratio of 72.47, a P/E/G ratio of 1.20 and a beta of 1.21.
Broadcom Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s payout ratio is 54.62%.
Analysts Set New Price Targets
A number of brokerages have commented on AVGO. Benchmark boosted their price objective on Broadcom from $385.00 to $485.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Robert W. Baird set a $420.00 price target on Broadcom in a report on Friday, December 12th. Oppenheimer increased their price target on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. KeyCorp reaffirmed an “overweight” rating and set a $500.00 price objective (up from $460.00) on shares of Broadcom in a report on Friday, December 12th. Finally, Deutsche Bank Aktiengesellschaft set a $430.00 target price on shares of Broadcom and gave the company a “buy” rating in a report on Friday, December 12th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Broadcom has a consensus rating of “Buy” and an average price target of $438.61.
Check Out Our Latest Analysis on AVGO
Trending Headlines about Broadcom
Here are the key news stories impacting Broadcom this week:
- Positive Sentiment: TSMC’s strong quarterly beat (35% profit growth) boosted semiconductor sector sentiment, lifting confidence in industry-wide demand that should support Broadcom’s chip and custom AI chip exposure. Chip stocks pop after TSMC’s earnings beat boosts confidence in industrywide demand
- Positive Sentiment: KeyCorp remains bullish: an Overweight rating with a $500 price target and raised multi-year EPS forecasts (FY26/FY27 materially higher), implying significant analyst upside vs. consensus. (Market research note)
- Positive Sentiment: Bernstein reiterated that competition fears around Broadcom’s AI position are overblown, arguing Broadcom retains leadership in AI ASICs — a vote of confidence for long-term AI revenue growth. Bernstein Dismisses AI Competition Fears Surrounding Broadcom (AVGO)
- Positive Sentiment: Mizuho raised its price target to $480 (Outperform), adding to recent big-bank “top pick” calls and reinforcing buy-side momentum. Mizuho Raises Firm’s PT on Broadcom (AVGO) Stock
- Positive Sentiment: Analyst commentary flags an AI-driven supply crunch and rising demand for custom silicon (XPU/custom ASIC upside), which should favor Broadcom’s design-win pipeline and pricing power. Broadcom, Marvell In Focus As Semicondcutor Analyst Flags AI-Driven Supply Crunch, Custom Silicon Upside
- Positive Sentiment: Zacks analysis favors Broadcom over Intel for AI infrastructure based on stronger growth and exposure to custom AI solutions, supporting relative outperformance narratives. INTC vs. AVGO: Which Chip Stock is a Better Buy for AI Infrastructure?
- Neutral Sentiment: Product-level news: Broadcom launched new Wi‑Fi products at CES — supportive for the connectivity roadmap but not a large near-term earnings driver versus AI/custom silicon business. Broadcom Inc. (AVGO) Launches new Wi-Fi Products at CES 2026
- Negative Sentiment: Regulatory risk: reports say China has banned Broadcom’s cybersecurity solutions there — a potential hit to revenue and an example of geopolitical/regulatory downside in that market. China Just Banned Broadcom’s Cybersecurity Solutions. What Does That Mean for AVGO Stock?
- Negative Sentiment: Insider selling: recent filings show ~US$490M of insider share sales and reports of the CEO selling stock — raises short-term governance/conviction questions and likely contributed to earlier intraday selling pressure. Broadcom Insiders Sold US$490m Of Shares Suggesting Hesitancy
Insider Buying and Selling at Broadcom
In other Broadcom news, CEO Hock E. Tan sold 70,000 shares of Broadcom stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $347.30, for a total transaction of $24,311,000.00. Following the transaction, the chief executive officer directly owned 132,836 shares of the company’s stock, valued at approximately $46,133,942.80. This trade represents a 34.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction on Wednesday, December 31st. The stock was 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 owned 277,237 shares in the company, valued at approximately $96,428,573.34. The trade was a 9.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 779,901 shares of company stock valued at $284,069,237. 2.00% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Broadcom
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Sawyer & Company Inc lifted its stake in Broadcom by 62.1% in the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 36 shares in the last quarter. Longfellow Investment Management Co. LLC purchased a new position in Broadcom in the 2nd quarter worth approximately $27,000. Legend Financial Advisors Inc. bought a new position in shares of Broadcom in the 2nd quarter worth $28,000. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Broadcom during the 2nd quarter valued at $28,000. Finally, LGT Financial Advisors LLC bought a new stake in shares of Broadcom during the 2nd quarter worth $31,000. Institutional investors own 76.43% of the company’s stock.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
Broadcom Company 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.
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