Newman Dignan & Sheerar Inc. Lowers Stock Position in Broadcom Inc. $AVGO

Market Beat
2025.12.22 10:32
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Newman Dignan & Sheerar Inc. reduced its stake in Broadcom Inc. by 8.2% in Q3, owning 24,802 shares valued at $8,182,000. Despite a 20% stock drop, analysts maintain a 'Buy' rating with a $436.33 average target. Insider sales include Director Justine Page and insider Mark David Brazeal, totaling significant transactions. Broadcom raised its dividend by 10%, indicating strong cash flow. Positive sentiment persists with increased price targets and AI-related growth prospects.