Vanderbilt University purchased a new position in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 9,329 shares of the semiconductor manufacturer’s stock, valued at approximately $3,524,000. Broadcom makes up 0.5% of Vanderbilt University’s portfolio, making the stock its 22nd biggest holding.
Several other large investors have also modified their holdings of AVGO. ROSS JOHNSON & Associates LLC raised its position in Broadcom by 1,320.0% in the 4th quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 66 shares during the last quarter. Networth Advisors LLC increased its stake in Broadcom by 546.2% in the first quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 71 shares during the period. SWAN Capital LLC increased its stake in Broadcom by 261.9% in the fourth quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 55 shares during the period. Nvest Wealth Strategies Inc. purchased a new stake in shares of Broadcom in the fourth quarter valued at about $33,000. Finally, Family CFO Inc acquired a new stake in shares of Broadcom during the fourth quarter worth about $35,000. 76.43% of the stock is owned by institutional investors and hedge funds.
Broadcom Trading Down 0.1%
Shares of AVGO stock opened at $392.43 on Tuesday. The business’s fifty day moving average price is $389.71 and its 200 day moving average price is $374.06. Broadcom Inc. has a 1-year low of $281.87 and a 1-year high of $495.00. The firm has a market capitalization of $1.87 trillion, a PE ratio of 65.41, a P/E/G ratio of 0.75 and a beta of 1.45. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.24 and a quick ratio of 2.01.
Broadcom Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were paid a $0.65 dividend. The ex-dividend date was Monday, June 22nd. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is 43.33%.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Jefferies Financial Group set a $550.00 price target on Broadcom and gave the company a “buy” rating in a research report on Thursday, June 4th. Wells Fargo & Company reiterated an “overweight” rating and issued a $545.00 target price (up from $430.00) on shares of Broadcom in a research note on Thursday, May 14th. Wall Street Zen lowered Broadcom from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. DA Davidson upped their price target on Broadcom from $375.00 to $400.00 and gave the stock a “neutral” rating in a research note on Thursday, June 4th. Finally, Bank of America lifted their price objective on shares of Broadcom from $450.00 to $530.00 and gave the company a “buy” rating in a research report on Thursday, June 4th. Twenty-eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $493.24.
Get Our Latest Report on Broadcom
Insider Activity at Broadcom
In other Broadcom news, insider Mark David Brazeal sold 25,000 shares of the company’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the transaction, the insider directly owned 194,989 shares in the company, valued at approximately $78,254,935.37. This represents a 11.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Justine Page sold 1,602 shares of Broadcom stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $373.86, for a total transaction of $598,923.72. Following the sale, the director owned 17,426 shares of the company’s stock, valued at approximately $6,514,884.36. The trade was a 8.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 61,644 shares of company stock worth $24,016,214 in the last ninety days. Corporate insiders own 1.90% of the company’s stock.
Key Broadcom News
Here are the key news stories impacting Broadcom this week:
- Positive Sentiment: Broadcom’s upgrade to a Zacks Rank #2 (Buy) reflects improving earnings expectations. Analysts’ average price target implies roughly 32% upside, though consensus targets are not always reliable indicators. Broadcom Upgraded to Buy
- Positive Sentiment: Commentary argues Broadcom could reshape the AI narrative through strong custom-chip demand, networking exposure and visibility into future orders. Recent results also showed substantial year-over-year revenue growth and an earnings beat. Broadcom Is Set to Rewrite the AI Narrative
- Positive Sentiment: Investors see the VMware portfolio and the upcoming VMware Explore event as opportunities to expand private-AI cloud offerings and drive recurring software revenue. VMware Explore 2026
- Neutral Sentiment: Analysts broadly rate AVGO a Buy, and some individual investors continue purchasing below $400. However, the stock’s elevated valuation means strong future growth may already be reflected in the price. Wall Street Analysts See Broadcom as a Buy
- Negative Sentiment: Bearish analysis warns that AI infrastructure investment could pressure margins if customers demand lower prices or Broadcom faces rising development and manufacturing costs. Broadcom AI Margin Squeeze
- Negative Sentiment: VMware-related uncertainty and the broader semiconductor selloff contributed to recent weakness. Second-quarter filings also showed some prominent investors rotating from Broadcom into Lam Research or Taiwan Semiconductor, increasing concerns about institutional positioning. Funds Rotate Out of Broadcom
Broadcom 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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