D Orazio & Associates Inc. Boosts Stake in Broadcom Inc. $AVGO

D Orazio & Associates Inc. increased its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 9.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,616 shares of the semiconductor manufacturer’s stock after buying an additional 742 shares during the quarter. D Orazio & Associates Inc.’s holdings in Broadcom were worth $2,375,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in Broadcom by 21.8% during the 4th 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 during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Broadcom by 10.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock worth $1,854,000 after buying an additional 756 shares during the last quarter. Jackson Creek Investment Advisors LLC acquired a new position in Broadcom in the 1st quarter valued at about $262,000. Formidable Asset Management LLC raised its stake in Broadcom by 6.3% during the 1st quarter. Formidable Asset Management LLC now owns 19,463 shares of the semiconductor manufacturer’s stock valued at $3,259,000 after acquiring an additional 1,159 shares during the last quarter. Finally, Resurgent Financial Advisors LLC raised its stake in Broadcom by 3.7% during the 1st quarter. Resurgent Financial Advisors LLC now owns 5,170 shares of the semiconductor manufacturer’s stock valued at $866,000 after acquiring an additional 185 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Insider Activity

In related news, insider Charlie B. Kawwas sold 3,893 shares of the business’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $347.82, for a total value of $1,354,063.26. Following the completion of the transaction, the insider owned 25,295 shares of the company’s stock, valued at approximately $8,798,106.90. The trade was a 13.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Hock E. Tan sold 100,000 shares of the company’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 owned 725,638 shares in the company, valued at approximately $246,412,152.04. This trade represents a 12.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have bought 3,550 shares of company stock worth $1,227,869 and have sold 664,471 shares worth $225,218,280. 2.00% of the stock is owned by company insiders.

Broadcom Stock Performance

NASDAQ:AVGO opened at $342.46 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.37 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $1.62 trillion, a P/E ratio of 87.36, a price-to-earnings-growth ratio of 1.38 and a beta of 1.19. The firm has a 50-day moving average price of $349.09 and a two-hundred day moving average price of $295.48. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $386.48.

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

Broadcom Announces Dividend

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

Analyst Upgrades and Downgrades

AVGO has been the topic of several recent research reports. UBS Group set a $415.00 price objective on shares of Broadcom and gave the company a “buy” rating in a research note on Tuesday, October 14th. Benchmark boosted their price target on shares of Broadcom from $315.00 to $385.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. Wall Street Zen raised shares of Broadcom from a “hold” rating to a “buy” rating in a report on Saturday. Deutsche Bank Aktiengesellschaft set a $400.00 target price on Broadcom and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $340.00 target price on shares of Broadcom in a report on Wednesday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Broadcom has an average rating of “Buy” and an average target price of $372.52.

Broadcom Company 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.