Broadcom Inc. $AVGO Stock Acquired by Cooper Financial Group

Cooper Financial Group boosted its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 3.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,368 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,403 shares during the period. Broadcom makes up 1.9% of Cooper Financial Group’s portfolio, making the stock its 12th biggest position. Cooper Financial Group’s holdings in Broadcom were worth $23,308,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVGO. State Street Corp grew its stake in shares of Broadcom by 8.7% during the second quarter. State Street Corp now owns 208,031,610 shares of the semiconductor manufacturer’s stock valued at $75,367,711,000 after acquiring an additional 16,651,378 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Broadcom by 4.6% in the second quarter. Bank of America Corp DE now owns 61,423,013 shares of the semiconductor manufacturer’s stock worth $23,202,543,000 after acquiring an additional 2,685,916 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Broadcom by 3.8% in the second quarter. Wellington Management Group LLP now owns 51,580,703 shares of the semiconductor manufacturer’s stock worth $19,484,611,000 after acquiring an additional 1,892,721 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Broadcom by 2.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 40,180,530 shares of the semiconductor manufacturer’s stock valued at $15,178,195,000 after purchasing an additional 1,140,598 shares during the last quarter. Finally, Legal & General Group Plc purchased a new position in Broadcom in the second quarter valued at about $11,998,148,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Stock Performance

Shares of AVGO traded up $0.70 during mid-day trading on Wednesday, hitting $376.51. The stock had a trading volume of 17,978,078 shares, compared to its average volume of 25,119,090. The company has a market cap of $1.80 trillion, a PE ratio of 48.09 and a beta of 1.46. The company’s fifty day simple moving average is $372.35 and its two-hundred day simple moving average is $382.17. The company has a quick ratio of 2.29, a current ratio of 2.50 and a debt-to-equity ratio of 0.57. Broadcom Inc. has a fifty-two week low of $289.96 and a fifty-two week high of $495.00.

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

Broadcom Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were paid a dividend of $0.65 per share. The ex-dividend date was Monday, September 21st. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom’s payout ratio is presently 33.21%.

Insiders Place Their Bets

In other Broadcom news, insider Mark Brazeal sold 25,000 shares of the stock in a transaction on Friday, July 10th. The shares were sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the sale, the insider directly owned 194,989 shares of the company’s stock, valued at approximately $78,254,935.37. This represents a 11.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is currently owned by insiders.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s AI growth narrative remains the primary catalyst. Reports highlighted projected AI semiconductor revenue of approximately $58 billion in 2026, $115 billion in 2027, and $230 billion in 2028, supported by custom accelerators and networking demand from major cloud customers. Broadcom AI financing plan article
• Positive Sentiment: The company’s reported financing plans for Anthropic—including potentially tens of billions of dollars in loans and chip-leasing arrangements—could help customers fund large AI deployments and expand Broadcom’s future chip sales. Separate reporting that Oracle, Broadcom, and SpaceX are seeking multibillion-dollar debt deals underscores the scale of AI infrastructure demand. AI chip debt financing article
• Positive Sentiment: CEO Hock Tan defended Broadcom’s roughly $350 billion AI opportunity, arguing that inference-focused customer relationships support continued demand even as some industry participants call for slower frontier-AI development. Analysts and bullish investors also point to potential earnings growth of 71% in fiscal 2026 and 66% in fiscal 2027. Broadcom CEO AI outlook article
• Positive Sentiment: Unusually heavy call-option activity and Cathie Wood’s reported $13 million purchase provided additional bullish sentiment. Marvell Technology’s aggressive custom-chip outlook also reinforces the broader market case for custom AI silicon, an area where Broadcom is a leading supplier. Cathie Wood Broadcom purchase article
• Neutral Sentiment: Technical analysts describe a bullish reversal with a possible path toward the prior $495 high, but this is market commentary rather than a fundamental change in Broadcom’s business. Broadcom price forecast article
• Negative Sentiment: Investors remain concerned that Broadcom’s AI financing arrangements could create “circular financing” or credit exposure if customers rely on debt and leasing to purchase its chips. The stock’s elevated valuation also leaves limited room for weaker AI spending or execution.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on AVGO shares. Citigroup restated a “buy” rating and set a $515.00 price objective (up from $500.00) on shares of Broadcom in a report on Friday, September 4th. President Capital increased their target price on Broadcom from $520.00 to $546.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Citic Securities raised shares of Broadcom to a “buy” rating and raised their price target for the stock from $450.00 to $525.00 in a research report on Tuesday, September 8th. Evercore set a $578.00 price target on shares of Broadcom and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. Finally, Erste Group Bank restated a “hold” rating on shares of Broadcom in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Broadcom has an average rating of “Moderate Buy” and a consensus price target of $527.20.

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.