Hixon Zuercher LLC Boosts Stock Position in Broadcom Inc. $AVGO

Hixon Zuercher LLC boosted its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 17.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,459 shares of the semiconductor manufacturer’s stock after buying an additional 1,531 shares during the period. Hixon Zuercher LLC’s holdings in Broadcom were worth $3,451,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in shares of Broadcom by 21.8% in the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock worth $6,882,000 after purchasing an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Broadcom by 10.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock worth $1,854,000 after buying an additional 756 shares during the last quarter. United Bank raised its holdings in Broadcom by 76.5% in the first quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock worth $392,000 after buying an additional 1,014 shares during the last quarter. AlphaQuest LLC grew its holdings in shares of Broadcom by 633.3% during the first quarter. AlphaQuest LLC now owns 704 shares of the semiconductor manufacturer’s stock valued at $118,000 after buying an additional 608 shares during the last quarter. Finally, Harvest Portfolios Group Inc. increased its position in shares of Broadcom by 40.6% during the first quarter. Harvest Portfolios Group Inc. now owns 277,580 shares of the semiconductor manufacturer’s stock valued at $46,475,000 after acquiring an additional 80,191 shares in the last quarter. 76.43% of the stock is owned by institutional investors.

Insider Buying and Selling at Broadcom

In related news, insider Mark David Brazeal sold 38,281 shares of Broadcom stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $327.65, for a total transaction of $12,542,769.65. Following the transaction, the insider directly owned 266,494 shares in the company, valued at approximately $87,316,759.10. The trade was a 12.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Kirsten M. Spears sold 3,714 shares of the company’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $327.79, for a total value of $1,217,412.06. Following the completion of the sale, the chief financial officer owned 307,237 shares of the company’s stock, valued at approximately $100,709,216.23. The trade was a 1.19% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 524,780 shares of company stock worth $195,499,150. Insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AVGO. Benchmark upped their price objective on Broadcom from $385.00 to $485.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Susquehanna restated a “positive” rating and issued a $450.00 price target (up previously from $400.00) on shares of Broadcom in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft set a $430.00 price objective on Broadcom and gave the company a “buy” rating in a research report on Friday, December 12th. Argus boosted their target price on Broadcom from $285.00 to $375.00 and gave the stock a “buy” rating in a research report on Monday, September 8th. Finally, Bank of America upped their target price on shares of Broadcom from $460.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $436.33.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Truist raised its price target to $510, adding to recent upward revisions that bolster buy-side momentum and give institutional investors cover to add shares. Read More.
• Positive Sentiment: Strong AI growth thesis: reports highlight management guidance and analyst estimates showing very large AI revenue and FCF expansion (Seeking Alpha notes >150% AI revenue and ~60% FCF growth for FY2026), supporting higher valuation multiples if delivered. Read More.
• Positive Sentiment: Market narrative shift to backlog/supply wins: commentary says investors are re‑rating AVGO on its ability to convert a reported ~$73B AI order book into durable revenue rather than focusing only on near‑term margins. Read More.
• Positive Sentiment: Dividend increase signals strong cash flow and may attract income investors; the higher payout also complements the growth narrative. Read More.
• Positive Sentiment: Insider buy: director Harry L. You purchased 1,000 shares (~$325k), a modest but helpful signal of insider conviction amid mixed insider activity. Read More.
• Neutral Sentiment: Deep-dive pieces on international revenue mix and options/flow activity are informative for modeling revenue exposure and short-term volatility but are not immediate fundamentals changes. Read More.
• Neutral Sentiment: Social-media and forum chatter (Quiver/other aggregators) show mixed reactions — heavy bullish posts on AI revenue are balanced by debate over non‑AI flatness; this amplifies intraday moves but is an unreliable signal for fundamentals. Read More.
• Negative Sentiment: Large insider sale: CEO Hock E. Tan sold 130,000 shares (~$42.4M), materially reducing his stake — a move that can spook investors and weighs on sentiment despite other buys. Read More.
• Negative Sentiment: Multiple other insider sales and recent selling by some senior officers amplify the negative signal from insider transactions. Read More.
• Negative Sentiment: Post‑earnings pullback and valuation concerns: AVGO is down materially since the Dec. 11 results (~19% noted) and outlets like Barron’s flag potential overvaluation, which could cap upside if AI growth expectations moderate. Read More. Read More.

Broadcom Stock Up 2.3%

AVGO stock opened at $349.32 on Wednesday. The company has a market cap of $1.66 trillion, a price-to-earnings ratio of 73.39, a P/E/G ratio of 1.17 and a beta of 1.19. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. The business’s 50-day moving average is $362.78 and its two-hundred day moving average is $322.82. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, beating 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 business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the company posted $1.42 EPS. The business’s quarterly revenue was up 28.2% compared to the same quarter last year. As a group, analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be given a $0.65 dividend. The ex-dividend date is Monday, December 22nd. This is a boost from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom’s 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.