16,733 Broadcom Inc. $AVGO Shares Sold by Prime Capital Investment Advisors LLC

Posted by Stanley Muller on Oct 23rd, 2026

Prime Capital Investment Advisors LLC lessened its stake in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 6.2% during the 3rd quarter, Holdings Channel reports. The fund owned 251,354 shares of the semiconductor manufacturer’s stock after selling 16,733 shares during the quarter. Broadcom comprises 0.9% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 27th largest holding. Prime Capital Investment Advisors LLC’s holdings in Broadcom were worth $88,273,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cypress Capital LLC boosted its position in shares of Broadcom by 1.6% during the 3rd quarter. Cypress Capital LLC now owns 7,286 shares of the semiconductor manufacturer’s stock valued at $2,559,000 after acquiring an additional 112 shares during the last quarter. Stewardship Advisors LLC grew its holdings in shares of Broadcom by 1.7% in the third quarter. Stewardship Advisors LLC now owns 2,053 shares of the semiconductor manufacturer’s stock valued at $721,000 after purchasing an additional 35 shares during the period. Norway Savings Bank increased its position in Broadcom by 11.5% during the third quarter. Norway Savings Bank now owns 5,000 shares of the semiconductor manufacturer’s stock worth $1,756,000 after purchasing an additional 514 shares during the last quarter. Genesee Capital Advisors LLC increased its position in Broadcom by 1.7% during the third quarter. Genesee Capital Advisors LLC now owns 5,999 shares of the semiconductor manufacturer’s stock worth $2,107,000 after purchasing an additional 101 shares during the last quarter. Finally, Net Worth Advisory Group increased its position in Broadcom by 3.2% during the third quarter. Net Worth Advisory Group now owns 8,999 shares of the semiconductor manufacturer’s stock worth $3,092,000 after purchasing an additional 282 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Tigress Financial initiated coverage with a Buy rating and a $600 price target, implying substantial upside and signaling confidence in Broadcom’s AI semiconductor and infrastructure-software opportunities. Tigress Financial Broadcom coverage
Positive Sentiment: Broadcom launched Arcot Scam Defense, a real-time fraud-detection feature for card-not-present transactions. Initial financial-institution pilots reportedly produced strong results, offering a potential new growth opportunity for its infrastructure-software business. Broadcom launches Arcot Scam Defense
Positive Sentiment: Several analyses remain bullish on Broadcom’s custom AI-chip and networking exposure, describing the company as a potential long-term beneficiary of rising AI revenue and as a relatively resilient play if AI customers face cash-flow pressures. Broadcom long-term stock prediction
Neutral Sentiment: Broadcom’s recent earnings exceeded consensus estimates, with revenue growth accelerating sharply year over year. However, the strong results are already being weighed against elevated valuation expectations and broader market conditions.
Negative Sentiment: Chip stocks have broadly pulled back amid higher-rate concerns and worries that the massive AI data-center buildout may take longer to generate adequate returns. This sector-wide risk is weighing on AVGO alongside company-specific developments. Chip stocks pullback
Negative Sentiment: Technical-focused coverage identifies the $320 area as a critical test. A sustained break below that level could encourage additional selling, while the stock’s position below its moving averages reflects weakened near-term momentum. Broadcom $320 support analysis

Broadcom Stock Down 4.3%

Shares of NASDAQ:AVGO opened at $323.24 on Friday. The business has a 50-day moving average price of $357.48 and a 200 day moving average price of $384.69. The company has a current ratio of 2.50, a quick ratio of 2.29 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $1.54 trillion, a price-to-earnings ratio of 41.28 and a beta of 1.46. Broadcom Inc. has a 12-month low of $289.96 and a 12-month high of $495.00.

Broadcom (NASDAQ:AVGO – Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.22 by $0.10. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The firm had revenue of $29.59 billion for the quarter, compared to analyst estimates of $29.24 billion. During the same period in the previous year, the firm earned $1.69 EPS. Broadcom’s revenue was up 85.5% on a year-over-year basis. Sell-side analysts expect that Broadcom Inc. will post 10.37 EPS for the current year.

Broadcom Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were given a dividend of $0.65 per share. The ex-dividend date was Monday, September 21st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is currently 33.21%.

Analyst Ratings Changes

A number of equities analysts have commented on AVGO shares. Tigress Financial assumed coverage on shares of Broadcom in a research note on Thursday. They set a “buy” rating and a $600.00 target price on the stock. Arete Research increased their price target on shares of Broadcom from $488.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Royal Bank Of Canada assumed coverage on shares of Broadcom in a report on Thursday, September 3rd. They set an “outperform” rating for the company. Bank of America reduced their price target on shares of Broadcom from $530.00 to $460.00 and set a “buy” rating on the stock in a research report on Thursday, September 3rd. Finally, Lake Street Capital upgraded Broadcom to a “buy” rating in a report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Broadcom currently has a consensus rating of “Moderate Buy” and an average price target of $529.17.

Read Our Latest Research Report on AVGO

About Broadcom

(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.