87,403 Broadcom Inc. $AVGO Shares Bought by GoalVest Advisory LLC

GoalVest Advisory LLC grew its stake in Broadcom Inc. (NASDAQ:AVGO) by 1,840.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 92,152 shares of the semiconductor manufacturer’s stock after buying an additional 87,403 shares during the period. Broadcom accounts for about 1.7% of GoalVest Advisory LLC’s holdings, making the stock its 11th largest position. GoalVest Advisory LLC’s holdings in Broadcom were worth $32,363,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in AVGO. Planning Strategies Inc. grew its stake in shares of Broadcom by 4.1% in the 3rd quarter. Planning Strategies Inc. now owns 872 shares of the semiconductor manufacturer’s stock valued at $304,000 after purchasing an additional 34 shares during the period. Private Client Services LLC lifted its position in shares of Broadcom by 2.6% during the 3rd quarter. Private Client Services LLC now owns 5,948 shares of the semiconductor manufacturer’s stock worth $2,089,000 after buying an additional 153 shares during the period. Global Wealth Strategies & Associates boosted its stake in Broadcom by 165.2% in the 3rd quarter. Global Wealth Strategies & Associates now owns 2,872 shares of the semiconductor manufacturer’s stock valued at $1,009,000 after buying an additional 1,789 shares in the last quarter. First Financial Bank Trust Division boosted its stake in Broadcom by 22.5% in the 3rd quarter. First Financial Bank Trust Division now owns 47,817 shares of the semiconductor manufacturer’s stock valued at $16,793,000 after buying an additional 8,788 shares in the last quarter. Finally, Doliver Advisors LP grew its position in Broadcom by 5.3% in the third quarter. Doliver Advisors LP now owns 10,602 shares of the semiconductor manufacturer’s stock valued at $3,723,000 after acquiring an additional 531 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AVGO. Truist Financial dropped their target price on shares of Broadcom from $550.00 to $520.00 and set a “buy” rating for the company in a research report on Thursday, September 3rd. BNP Paribas Exane upped their price objective on shares of Broadcom from $675.00 to $715.00 and gave the stock an “outperform” rating in a research note on Friday, September 4th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Broadcom in a report on Monday, September 21st. KeyCorp reiterated an “overweight” rating and issued a $575.00 target price on shares of Broadcom in a research note on Thursday, September 3rd. Finally, UBS Group downgraded Broadcom from a “buy” rating to a “hold” rating in a report on Thursday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $527.20.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Up to $60 billion in AI financing could support chip sales. Broadcom’s banking syndicate is reportedly preparing approximately $42 billion of senior-secured debt and an additional $18 billion of junior debt to help AI customers fund infrastructure and access Broadcom chips. The arrangement could expand near-term orders and improve visibility into future AI revenue. Why Broadcom stock is gaining today?
• Positive Sentiment: Anthropic is emerging as a potentially major customer. Broadcom has agreed to provide Anthropic with up to $42 billion in financing tied to leasing chips and other AI infrastructure. The facility could cover about one-third of Anthropic’s five-year TPU commitments, potentially making Anthropic Broadcom’s largest customer next year and strengthening the company’s AI growth outlook. Broadcom to lend Anthropic up to $42 billion to lease its chips
• Neutral Sentiment: The deal highlights both demand and financing innovation. Broadcom would effectively help fund a customer’s purchases of Broadcom products, potentially creating a contracted revenue stream while enabling faster AI infrastructure deployment. Investors are likely to monitor the final terms, repayment protections and whether the financing is converted into Anthropic equity.
• Negative Sentiment: Concentration and credit risks are substantial. Anthropic reportedly has roughly $161 billion of Broadcom lease obligations and hundreds of billions of dollars in total infrastructure commitments. If Anthropic cannot meet those obligations, Broadcom could face losses, delayed cash collection or shareholder dilution. The circular nature of lending money to purchase the company’s own chips also raises concerns about the quality and sustainability of reported demand. Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test

Broadcom Price Performance

Shares of Broadcom stock traded up $10.86 during midday trading on Friday, reaching $354.50. The company had a trading volume of 12,781,276 shares, compared to its average volume of 25,080,316. 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 stock has a fifty day simple moving average of $373.28 and a 200 day simple moving average of $380.85. Broadcom Inc. has a 1-year low of $289.96 and a 1-year high of $495.00. The company has a market capitalization of $1.69 trillion, a price-to-earnings ratio of 45.26 and a beta of 1.46.

Broadcom (NASDAQ:AVGO) last released 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. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The company had revenue of $29.59 billion for the quarter, compared to the consensus estimate of $29.24 billion. During the same period in the prior year, the company posted $1.69 EPS. The company’s revenue was up 85.5% compared to the same quarter last year. As a group, equities research analysts forecast that Broadcom Inc. will post 10.37 earnings per share for the current year.

Broadcom Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 21st were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, September 21st. Broadcom’s dividend payout ratio is currently 33.21%.

Insider Activity

In related news, Director Gayla J. Delly sold 1,890 shares of the firm’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $385.38, for a total transaction of $728,368.20. Following the sale, the director owned 31,326 shares of the company’s stock, valued at approximately $12,072,413.88. This trade represents a 5.69% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Mark Brazeal sold 25,000 shares of Broadcom stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $401.33, for a total value of $10,033,250.00. Following the transaction, the insider owned 194,989 shares in the company, valued at $78,254,935.37. This trade represents a 11.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 51,890 shares of company stock worth $20,241,368 in the last three months. Insiders own 1.90% of the company’s stock.

Broadcom Profile

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops, and supplies semiconductor and infrastructure software products. Its semiconductor solutions support wired and wireless communications, data center networking, broadband access, storage, industrial applications, and other markets.

The company’s semiconductor portfolio includes networking and switching products, custom application-specific integrated circuits, wireless connectivity components, radio-frequency devices, optical components, and storage-related solutions.