Broadcom Inc. $AVGO Shares Purchased by Secure Asset Management LLC

Posted by Geri Gentry on Oct 22nd, 2026

Secure Asset Management LLC increased its holdings in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 8.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,020 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,658 shares during the period. Broadcom makes up 1.0% of Secure Asset Management LLC’s portfolio, making the stock its 26th biggest position. Secure Asset Management LLC’s holdings in Broadcom were worth $7,733,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Worth Financial Advisory Group LLC boosted its holdings in Broadcom by 3.3% during the third quarter. Worth Financial Advisory Group LLC now owns 11,074 shares of the semiconductor manufacturer’s stock valued at $3,889,000 after purchasing an additional 349 shares in the last quarter. Blue Zone Wealth Advisors LLC grew its stake in shares of Broadcom by 6.7% in the 3rd quarter. Blue Zone Wealth Advisors LLC now owns 2,043 shares of the semiconductor manufacturer’s stock valued at $717,000 after purchasing an additional 129 shares during the period. Arlington Financial Advisors LLC grew its stake in shares of Broadcom by 12.7% in the 3rd quarter. Arlington Financial Advisors LLC now owns 1,484 shares of the semiconductor manufacturer’s stock valued at $521,000 after purchasing an additional 167 shares during the period. Maia Wealth LLC raised its holdings in shares of Broadcom by 20.5% in the 3rd quarter. Maia Wealth LLC now owns 18,205 shares of the semiconductor manufacturer’s stock worth $6,393,000 after buying an additional 3,101 shares in the last quarter. Finally, Tanager Wealth Management LLP raised its holdings in shares of Broadcom by 44.1% in the 3rd quarter. Tanager Wealth Management LLP now owns 6,434 shares of the semiconductor manufacturer’s stock worth $2,260,000 after buying an additional 1,969 shares in the last quarter. Institutional investors own 76.43% of the company’s stock.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom launched Arcot Scam Defense, a feature designed to help financial institutions block AI-enhanced social-engineering fraud in card-not-present transactions. The product could strengthen Broadcom’s infrastructure-software portfolio and create additional enterprise demand. Broadcom Launches Arcot Scam Defense to Block Social Engineering Fraud
Positive Sentiment: Broadcom’s 10-year agreement with NTT DOCOMO to advance the telecommunications company’s private cloud using VMware Cloud Foundation reinforces the durability of its recurring software revenue and enterprise-cloud strategy. Broadcom to Advance NTT DOCOMO’s Private Cloud with VMware Cloud Foundation
Positive Sentiment: Several analyses continue to highlight Broadcom as a leading beneficiary of custom AI-chip and networking demand. One report cited a 236% increase in AI-chip sales, while investors view its combination of custom silicon, AI networking and infrastructure software as a potential alternative to Nvidia. Broadcom Sees AI Chip Sales Up 236%
Neutral Sentiment: Commentary comparing Broadcom with Apple and other semiconductor stocks presents AVGO as a long-term AI and infrastructure-software opportunity, but emphasizes that the investment case depends on sustained customer spending and execution. Apple vs. Broadcom: Which Tech Stock Is a Better Buy in 2026?
Negative Sentiment: Semiconductor shares have pulled back amid interest-rate concerns, worries that AI infrastructure spending may be excessive, and broader warnings of a possible AI-stock bubble. Broadcom CEO Hock Tan’s comments comparing AI spending with a “casino” and warning about capital constraints have also unsettled some investors. Chip Stocks Have Pulled Back

Broadcom Stock Performance

NASDAQ AVGO opened at $337.80 on Thursday. The firm has a market cap of $1.61 trillion, a price-to-earnings ratio of 43.14 and a beta of 1.46. The company has a 50 day moving average of $359.37 and a 200-day moving average of $384.63. The company has a current ratio of 2.50, a quick ratio of 2.29 and a debt-to-equity ratio of 0.57. Broadcom Inc. has a 1-year low of $289.96 and a 1-year high of $495.00.

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

Broadcom Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, September 21st. Broadcom’s dividend payout ratio (DPR) is currently 33.21%.

Wall Street Analyst Weigh In

AVGO has been the topic of a number of analyst reports. Weiss Ratings upgraded Broadcom from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Truist Financial cut their price objective on Broadcom from $550.00 to $520.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. Morgan Stanley reissued an “overweight” rating and set a $505.00 price objective (up from $502.00) on shares of Broadcom in a report on Thursday, September 3rd. Erste Group Bank restated a “hold” rating on shares of Broadcom in a research note on Tuesday, July 7th. Finally, Jefferies Financial Group assumed coverage on shares of Broadcom in a report on Thursday, September 3rd. They issued a “buy” rating and a $550.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $527.20.

Read Our Latest Stock Analysis on AVGO

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 data center, networking, broadband, wireless communications, storage, industrial and other electronic applications.

The company’s semiconductor portfolio includes networking and switching components, custom accelerators, connectivity and wireless devices, broadband equipment, optical products, storage controllers and related infrastructure technologies.