Broadcom Inc. $AVGO Shares Sold by Haven Capital Group Inc.

Posted by Francis Steltz on Aug 12th, 2026

Haven Capital Group Inc. cut its stake in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 4.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 71,266 shares of the semiconductor manufacturer’s stock after selling 3,172 shares during the quarter. Broadcom accounts for about 22.2% of Haven Capital Group Inc.’s investment portfolio, making the stock its biggest holding. Haven Capital Group Inc.’s holdings in Broadcom were worth $26,921,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Dagco Inc. increased its holdings in Broadcom by 10.3% in the 2nd quarter. Dagco Inc. now owns 2,229 shares of the semiconductor manufacturer’s stock worth $842,000 after buying an additional 209 shares during the period. Canvas Wealth Advisors LLC grew its position in Broadcom by 0.7% during the 2nd quarter. Canvas Wealth Advisors LLC now owns 10,218 shares of the semiconductor manufacturer’s stock worth $3,860,000 after purchasing an additional 74 shares during the period. Rise Advisors LLC raised its stake in shares of Broadcom by 2.6% during the 2nd quarter. Rise Advisors LLC now owns 3,297 shares of the semiconductor manufacturer’s stock valued at $1,245,000 after buying an additional 85 shares during the last quarter. Fiduciary Financial Group LLC boosted its stake in shares of Broadcom by 11.3% in the second quarter. Fiduciary Financial Group LLC now owns 3,582 shares of the semiconductor manufacturer’s stock worth $1,353,000 after buying an additional 363 shares during the last quarter. Finally, Farrell Financial LLC acquired a new position in Broadcom in the second quarter valued at approximately $290,000. 76.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Justine Page sold 1,602 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $373.86, for a total value of $598,923.72. Following the completion of the sale, the director owned 17,426 shares of the company’s stock, valued at approximately $6,514,884.36. This represents a 8.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Gayla J. Delly sold 1,890 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $385.38, for a total transaction of $728,368.20. Following the sale, the director owned 31,326 shares of the company’s stock, valued at approximately $12,072,413.88. The trade was a 5.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 61,644 shares of company stock worth $24,016,214. 1.90% of the stock is owned by insiders.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: AI revenue outlook remains a major catalyst. Broadcom’s AI semiconductor revenue increased 143% year over year to $10.8 billion in fiscal second quarter. CEO Hock Tan reaffirmed that fiscal 2027 AI semiconductor revenue should exceed $100 billion, supporting the long-term growth narrative. Hock Tan Reaffirmed Broadcom’s $100 Billion AI Forecast
Positive Sentiment: Broadcom could benefit from multiple AI infrastructure channels. Coverage highlighted its custom-chip and networking exposure, while AMD’s Helios rack-scale systems could create additional demand for Broadcom components. Analysts also view Broadcom as a potentially attractive complement to NVIDIA in an AI-focused portfolio. AMD’s Helios Launch Could Create Winners Beyond AMD Stock
Positive Sentiment: Software and security initiatives broaden the story. Broadcom joined NVIDIA and other companies as a founding member of the Open Secure AI Alliance, while expanding VMware Cloud Foundation security features. These efforts may strengthen its enterprise software position and help defend against Nutanix and IBM. Broadcom Boosts VCF Security
Neutral Sentiment: Brokerage sentiment remains supportive, with Broadcom carrying a consensus “Moderate Buy” rating and at least one firm raising its fiscal 2027 EPS estimate. Reported short interest was zero shares, offering no meaningful evidence of either short-covering demand or elevated bearish positioning.
Negative Sentiment: Near-term trading pressure reflects valuation and profit-taking. Broadcom pulled back after its extended rally, while comparisons showed NVIDIA retaining advantages in some AI markets. Crake Asset Management also trimmed its position by 330,000 shares, a modest sentiment headwind. Broadcom Slips After Seven-Session Advance

Analyst Upgrades and Downgrades

Several analysts recently commented on AVGO shares. Truist Financial raised their price target on shares of Broadcom from $545.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, June 4th. The Goldman Sachs Group restated a “buy” rating on shares of Broadcom in a research note on Monday, August 3rd. Zacks Research downgraded Broadcom from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Mizuho upped their target price on Broadcom from $480.00 to $530.00 and gave the stock an “outperform” rating in a research note on Thursday, June 4th. Finally, Susquehanna reiterated a “positive” rating and set a $490.00 target price (up from $450.00) on shares of Broadcom in a research report on Thursday, May 28th. Twenty-eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Broadcom has a consensus rating of “Moderate Buy” and a consensus price target of $493.24.

View Our Latest Research Report on AVGO

Broadcom Price Performance

NASDAQ:AVGO opened at $416.08 on Wednesday. Broadcom Inc. has a one year low of $281.87 and a one year high of $495.00. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.24. The stock has a market cap of $1.98 trillion, a PE ratio of 69.35, a P/E/G ratio of 0.81 and a beta of 1.45. The stock has a 50 day moving average price of $390.93 and a 200 day moving average price of $371.83.

Broadcom (NASDAQ:AVGO – Get Free Report) last released its quarterly earnings data on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.04. The company had revenue of $22.19 billion for the quarter, compared to analyst estimates of $22.13 billion. Broadcom had a return on equity of 41.61% and a net margin of 38.85%.The firm’s revenue for the quarter was up 47.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.58 earnings per share. Equities research analysts expect that Broadcom Inc. will post 10.24 EPS for the current fiscal year.

Broadcom Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, June 22nd. Broadcom’s payout ratio is currently 43.33%.

About Broadcom

(Free Report)

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.