31,991 Shares in Broadcom Inc. $AVGO Purchased by Eleva Capital SAS

Posted by George Bondi on Oct 6th, 2026

Eleva Capital SAS acquired a new stake in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 31,991 shares of the semiconductor manufacturer’s stock, valued at approximately $11,235,000. Broadcom makes up about 9.4% of Eleva Capital SAS’s investment portfolio, making the stock its 3rd biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fullerton Advisors LLC lifted its stake in Broadcom by 1.3% in the 1st quarter. Fullerton Advisors LLC now owns 1,989 shares of the semiconductor manufacturer’s stock worth $616,000 after purchasing an additional 25 shares in the last quarter. NORTHSTAR ASSET MANAGEMENT Co grew its position in shares of Broadcom by 0.5% during the first quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 5,350 shares of the semiconductor manufacturer’s stock valued at $1,656,000 after purchasing an additional 25 shares in the last quarter. RFG Holdings Inc. grew its position in shares of Broadcom by 0.3% during the first quarter. RFG Holdings Inc. now owns 8,499 shares of the semiconductor manufacturer’s stock valued at $2,631,000 after purchasing an additional 26 shares in the last quarter. Yukon Wealth Management Inc. increased its holdings in shares of Broadcom by 1.1% in the first quarter. Yukon Wealth Management Inc. now owns 2,501 shares of the semiconductor manufacturer’s stock worth $774,000 after purchasing an additional 26 shares during the last quarter. Finally, NerdWallet Wealth Partners LLC lifted its position in shares of Broadcom by 2.6% in the second quarter. NerdWallet Wealth Partners LLC now owns 1,057 shares of the semiconductor manufacturer’s stock worth $399,000 after buying an additional 27 shares in the last quarter. Institutional investors own 76.43% of the company’s stock.

Analyst Ratings Changes

AVGO has been the topic of a number of research reports. Piper Sandler started coverage on Broadcom in a research note on Wednesday, September 9th. They issued an “overweight” rating and a $460.00 price objective on the stock. President Capital boosted their price target on shares of Broadcom from $520.00 to $546.00 and gave the stock a “buy” rating in a research report on Thursday, September 3rd. Evercore set a $578.00 price target on shares of Broadcom and gave the company an “outperform” rating in a research note on Thursday, September 3rd. BMO Capital Markets lifted their price objective on shares of Broadcom from $455.00 to $575.00 and gave the stock an “outperform” rating in a research note on Thursday, September 3rd. Finally, The Goldman Sachs Group boosted their target price on shares of Broadcom from $525.00 to $540.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Broadcom presently has a consensus rating of “Moderate Buy” and a consensus target price of $527.20.

Read Our Latest Stock Report on Broadcom

Broadcom Trading Up 4.0%

AVGO traded up $14.55 during trading on Tuesday, reaching $377.06. The company had a trading volume of 16,158,093 shares, compared to its average volume of 25,075,816. The stock has a market cap of $1.80 trillion, a P/E ratio of 48.25 and a beta of 1.46. The business has a 50 day simple moving average of $372.33 and a 200-day simple moving average of $381.36. Broadcom Inc. has a 52 week low of $289.96 and a 52 week high of $495.00. The company has a quick ratio of 2.29, a current ratio of 2.50 and a debt-to-equity ratio of 0.57.

Broadcom (NASDAQ:AVGO – Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share for the quarter, beating analysts’ consensus estimates of $3.22 by $0.10. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The business had revenue of $29.59 billion for the quarter, compared to analysts’ expectations of $29.24 billion. During the same quarter in the previous year, the business posted $1.69 earnings per share. The business’s revenue was up 85.5% compared to the same quarter last year. On average, equities analysts anticipate that Broadcom Inc. will post 10.37 EPS for the current fiscal year.

Broadcom Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 21st were issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, September 21st. Broadcom’s dividend payout ratio is presently 33.21%.

Insider Activity

In other news, Director Gayla J. Delly sold 1,890 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $385.38, for a total transaction of $728,368.20. Following the transaction, the director owned 31,326 shares of the company’s stock, valued at approximately $12,072,413.88. This represents a 5.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Mark Brazeal sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $401.33, for a total value of $10,033,250.00. Following the sale, the insider directly owned 194,989 shares of the company’s stock, valued at $78,254,935.37. This represents a 11.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 51,890 shares of company stock worth $20,241,368 over the last quarter. 1.90% of the stock is currently owned by insiders.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Marvell Technology’s investor day highlighted strong demand for custom AI accelerators, reinforcing Broadcom’s position as a key design partner for hyperscale cloud companies. The read-through helped lift sentiment toward Broadcom’s custom-chip and networking businesses. Marvell Rallies 6% as Investor Day Presses the Custom AI Silicon Case; Broadcom Advances 4%
Positive Sentiment: A reported financing arrangement involving Anthropic and up to $42 billion of Broadcom chips could create a substantial future order pipeline. Anthropic’s potential capital raise or IPO could also give the AI company more funds to purchase computing infrastructure. Broadcom Stock Jumps Following Reported $42 Billion Financing Deal With Anthropic
Positive Sentiment: Morgan Stanley said Broadcom and Nvidia may be relatively protected from a projected U.S. data-center power shortfall, supporting the view that near-term electricity constraints may delay some AI projects without materially undermining demand for their chips and infrastructure. Nvidia, Broadcom May Be Surprisingly Safe From a 32-GW Hole in the AI Boom
Positive Sentiment: Recent coverage continues to emphasize exceptional AI growth: fiscal third-quarter AI semiconductor revenue reportedly reached $16.7 billion, up 221% year over year, with fourth-quarter guidance of $21.7 billion. That momentum supports expectations for continued earnings growth into the next report. Broadcom Trades Above Its Own Average Multiple While Growth Cools
Neutral Sentiment: Articles comparing Broadcom with Nvidia frame AVGO as a different AI investment: custom accelerators, networking and infrastructure software rather than a broad GPU platform. The comparison may attract investors seeking diversified exposure to AI spending, but does not represent a new company announcement. Nvidia vs. Broadcom: Which AI Chip Stock Is the Better Buy Now?
Negative Sentiment: The Anthropic transaction has raised concerns about circular financing because Broadcom may be providing funding to a customer that then uses the money to buy Broadcom products. Such arrangements could increase execution and customer-concentration risks, particularly while AVGO trades at a premium earnings multiple. Broadcom’s Massive $42 Billion Chip-Buying Deal with Anthropic Raises Circular Financing Worries

Broadcom Profile

(Free Report)

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops, and supplies semiconductor and infrastructure software products. Its semiconductor solutions support wired and wireless communications, data center networking, broadband access, storage, industrial applications, and other markets.

The company’s semiconductor portfolio includes networking and switching products, custom application-specific integrated circuits, wireless connectivity components, radio-frequency devices, optical components, and storage-related solutions.