Arbor Capital Management Inc. ADV Has $2.73 Million Stock Holdings in Broadcom Inc. $AVGO

Arbor Capital Management Inc. ADV raised its stake in Broadcom Inc. (NASDAQ:AVGO) by 7.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 9,431 shares of the semiconductor manufacturer’s stock after purchasing an additional 643 shares during the quarter. Broadcom accounts for 2.4% of Arbor Capital Management Inc. ADV’s portfolio, making the stock its 6th biggest position. Arbor Capital Management Inc. ADV’s holdings in Broadcom were worth $2,733,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cheviot Value Management LLC bought a new stake in Broadcom in the first quarter valued at approximately $25,000. Sawyer & Company Inc increased its stake in shares of Broadcom by 62.1% during the second quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 36 shares during the period. Legend Financial Advisors Inc. purchased a new position in shares of Broadcom during the second quarter valued at approximately $28,000. Wood Tarver Financial Group LLC increased its stake in shares of Broadcom by 342.5% during the first quarter. Wood Tarver Financial Group LLC now owns 177 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 137 shares during the period. Finally, LGT Financial Advisors LLC purchased a new position in shares of Broadcom during the second quarter valued at approximately $31,000. Institutional investors own 76.43% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Hock E. Tan sold 100,000 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $339.58, for a total transaction of $33,958,000.00. Following the transaction, the chief executive officer directly owned 725,638 shares of the company’s stock, valued at $246,412,152.04. This represents a 12.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Henry Samueli sold 368,797 shares of the company’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $337.91, for a total value of $124,620,194.27. Following the transaction, the director directly owned 37,722,534 shares in the company, valued at approximately $12,746,821,463.94. The trade was a 0.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders purchased 3,550 shares of company stock valued at $1,227,869 and sold 665,271 shares valued at $225,464,248. 2.00% of the stock is owned by insiders.

Broadcom Price Performance

Shares of AVGO stock opened at $351.94 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 1.50 and a debt-to-equity ratio of 0.86. The business’s fifty day moving average is $341.75 and its 200 day moving average is $286.75. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $386.48. The stock has a market cap of $1.66 trillion, a price-to-earnings ratio of 89.78, a PEG ratio of 1.46 and a beta of 1.19.

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

Broadcom Announces Dividend

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

Analyst Ratings Changes

AVGO has been the topic of several research analyst reports. TD Cowen boosted their target price on Broadcom from $355.00 to $370.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Oppenheimer reissued an “outperform” rating and set a $360.00 target price (up from $325.00) on shares of Broadcom in a research note on Friday, September 5th. Macquarie initiated coverage on Broadcom in a research note on Monday, September 15th. They set an “outperform” rating and a $420.00 target price on the stock. Benchmark boosted their target price on Broadcom from $315.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Finally, JPMorgan Chase & Co. boosted their target price on Broadcom from $325.00 to $400.00 and gave the company an “overweight” rating in a research note on Friday, September 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $372.52.

Broadcom Profile

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.