Wealth Effects LLC Increases Stock Holdings in Broadcom Inc. (NASDAQ:AVGO)

Market Beat
2025.02.01 09:20
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Wealth Effects LLC increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 11.0% in Q4, now holding 14,499 shares valued at $3,361,000. Other investors, including Perigon Wealth Management and Hutchens & Kramer, also raised their positions. Insiders sold significant shares recently, with 76.43% of the stock owned by institutional investors. Analysts have set new price targets, with a consensus rating of "Moderate Buy" and a target price of $225.04. Broadcom's stock opened at $221.27, with a market cap of $1.04 trillion.