Kintegral Advisory LLC Sells 61 Shares of Broadcom Inc. $AVGO

Kintegral Advisory LLC reduced its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 0.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,302 shares of the semiconductor manufacturer’s stock after selling 61 shares during the period. Broadcom comprises about 1.0% of Kintegral Advisory LLC’s investment portfolio, making the stock its 18th largest holding. Kintegral Advisory LLC’s holdings in Broadcom were worth $11,109,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Broadcom by 21.8% in the fourth quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock worth $6,882,000 after purchasing an additional 5,322 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in Broadcom by 10.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock valued at $1,854,000 after buying an additional 756 shares during the last quarter. GAMMA Investing LLC increased its stake in Broadcom by 9.2% in the 1st quarter. GAMMA Investing LLC now owns 103,184 shares of the semiconductor manufacturer’s stock valued at $17,276,000 after buying an additional 8,672 shares during the last quarter. Canton Hathaway LLC lifted its position in Broadcom by 13,636.4% during the 1st quarter. Canton Hathaway LLC now owns 15,110 shares of the semiconductor manufacturer’s stock worth $2,530,000 after buying an additional 15,000 shares in the last quarter. Finally, Bernardo Wealth Planning LLC boosted its stake in shares of Broadcom by 51.5% during the 1st quarter. Bernardo Wealth Planning LLC now owns 3,518 shares of the semiconductor manufacturer’s stock worth $589,000 after buying an additional 1,196 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on AVGO shares. Bank of America lifted their target price on Broadcom from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, September 5th. UBS Group set a $415.00 price target on Broadcom and gave the stock a “buy” rating in a research report on Tuesday, October 14th. The Goldman Sachs Group reissued a “buy” rating and issued a $340.00 price objective on shares of Broadcom in a report on Wednesday, August 13th. Citigroup reiterated a “buy” rating and set a $415.00 target price (up from $350.00) on shares of Broadcom in a research note on Tuesday, October 14th. Finally, TD Cowen increased their price target on Broadcom from $355.00 to $370.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Broadcom has an average rating of “Buy” and a consensus target price of $372.33.

Insider Buying and Selling at Broadcom

In other Broadcom news, Director Justine Page sold 800 shares of the stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $350.15, for a total transaction of $280,120.00. Following the sale, the director directly owned 22,182 shares in the company, valued at $7,767,027.30. This represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Hock E. Tan sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $339.58, for a total transaction of $33,958,000.00. Following the completion of the transaction, the chief executive officer directly owned 725,638 shares in the company, valued at approximately $246,412,152.04. This represents a 12.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have purchased 3,550 shares of company stock valued at $1,227,869 and have sold 665,271 shares valued at $225,464,248. 2.00% of the stock is owned by company insiders.

Broadcom Stock Performance

Shares of NASDAQ:AVGO opened at $349.33 on Monday. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $374.23. The company’s 50 day moving average price is $327.73 and its two-hundred day moving average price is $270.05. The firm has a market cap of $1.65 trillion, a PE ratio of 89.11, a PEG ratio of 1.97 and a beta of 1.20. The company has a quick ratio of 1.37, a current ratio of 1.50 and a debt-to-equity ratio of 0.86.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings results on Thursday, September 4th. The semiconductor manufacturer reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.03. The business had revenue of $15.95 billion during the quarter, compared to analysts’ expectations of $15.82 billion. Broadcom had a return on equity of 36.60% and a net margin of 31.59%.The firm’s revenue for the quarter was up 22.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.24 earnings per share. Broadcom has set its Q4 2025 guidance at EPS. Equities research analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 22nd were paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, September 22nd. Broadcom’s payout ratio is 60.20%.

About Broadcom

Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.