<div id="readability-page-1">Abner Herrman &amp; Brock LLC acquired a new position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) during the third quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The firm acquired 2,813 shares of the semiconductor manufacturer's stock, valued at approximately $928,000.<ul><li>Broadcom Just Raised Its Dividend—But It’s Not the Only One Signaling Strength</li></ul>Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Broadcom by 1.3% during the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer's stock worth $133,261,046,000 after purchasing an additional 6,222,802 shares during the last quarter. State Street Corp boosted its holdings in Broadcom by 0.5% in the 2nd quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer's stock valued at $51,071,601,000 after purchasing an additional 873,963 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Broadcom by 2.1% in the 2nd quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer's stock valued at $29,827,649,000 after buying an additional 2,226,585 shares during the period. Norges Bank acquired a new stake in shares of Broadcom during the 2nd quarter worth approximately $18,579,549,000. Finally, Invesco Ltd. raised its position in shares of Broadcom by 8.4% during the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer's stock valued at $10,598,641,000 after buying an additional 2,978,768 shares during the period. 76.43% of the stock is currently owned by hedge funds and other institutional investors. <h2>Insiders Place Their Bets</h2>In related news, CEO Hock E. Tan sold 130,000 shares of Broadcom stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $326.02, for a total value of $42,382,600.00. Following the completion of the transaction, the chief executive officer directly owned 595,638 shares in the company, valued at approximately $194,189,900.76. This trade represents a 17.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Harry L. You bought 1,000 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were bought at an average cost of $325.13 per share, with a total value of $325,130.00. Following the completion of the purchase, the director directly owned 36,602 shares in the company, valued at $11,900,408.26. This represents a 2.81% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders sold 524,780 shares of company stock valued at $195,499,150. 2.00% of the stock is owned by company insiders. <h2>Key Broadcom News</h2><ul><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li></ul>Here are the key news stories impacting Broadcom this week:<ul> <li>Positive Sentiment: Q4 AI momentum: Broadcom reported AI-related revenue strength (Zacks highlights Q4 AI revenue up sharply, with AI chip/XPU demand lifting results and driving a swelling backlog and upbeat 2026 outlook). Zacks: Broadcom's Semiconductor Growth Picks Up</li> <li>Positive Sentiment: Bullish analyst commentary: Multiple firms have raised targets and reiterated buy/outperform stances (Cantor Fitzgerald and others flag AVGO as &#34;ripe for outperformance&#34; for 2026), supporting upward pressure on the stock. MSN: Cantor Fitzgerald on Broadcom</li> <li>Positive Sentiment: Dividend increase: Broadcom raised its quarterly dividend, signaling strong cash flow and attracting income-focused buyers (supports confidence despite near-term margin noise). MarketBeat: Broadcom Raises Dividend</li> <li>Positive Sentiment: Insider buy: Director Harry You purchased 1,000 shares (~$325k), a small but visible vote of confidence amid volatility. SEC Filing - Harry L. You Purchase</li> <li>Positive Sentiment: Media and retail momentum: Feature pieces and buy-list inclusions (e.g., Motley Fool-type coverage) are boosting retail interest in AVGO as an AI play. Fool: Broadcom a Top AI Stock</li> <li>Neutral Sentiment: Short interest and options: Reported short-interest growth (mid-December data showed an increase) and unusual options activity amplify intraday moves but days-to-cover remains modest (~1.9 days), so these are watch-list items rather than definitive catalysts.</li> <li>Neutral Sentiment: Backlog vs. conversion risk: The $73B AI backlog underpins revenue visibility, but conversion timing and mix (chip vs. system sales) determine ultimate margin and cash-flow impact — a structural positive if executed well, neutral until conversion details are clear. Seeking Alpha: Broadcom and AI Infrastructure</li> <li>Negative Sentiment: Margin concerns from system sales: Management warned gross margins will decline as AI system sales (which include pass-through component costs) grow — this spooked the market after the Dec. 11 earnings release and is the main reason for recent price weakness. </li> <li>Negative Sentiment: Insider selling: CEO Hock Tan and several senior insiders have sold material positions (reports show CEO sales exceeding $40M and aggregate insider selling topping $100M), which can undermine investor confidence even as company fundamentals remain strong. Yahoo Finance: Insider Selling Tops $100M</li> <li>Negative Sentiment: Near-term price volatility: The stock pulled back sharply (~mid-December sell-off) after earnings; with valuation questions flagged by some outlets, a missed execution on backlog conversion or margin protection could cap near-term upside. MarketBeat: Coverage of Post-Earnings Pullback</li> </ul><h2>Broadcom Stock Up 0.2%</h2>Shares of AVGO opened at $350.18 on Thursday. The company's 50-day simple moving average is $362.76 and its 200-day simple moving average is $323.01. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61. The stock has a market capitalization of $1.66 trillion, a PE ratio of 73.57, a P/E/G ratio of 1.20 and a beta of 1.19. <ul><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li></ul>Broadcom (NASDAQ:AVGO - Get Free Report) last announced its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.08. The firm had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $17.46 billion. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The firm's revenue for the quarter was up 28.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.42 EPS. Analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year. <h2>Broadcom Increases Dividend</h2>The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be given a dividend of $0.65 per share. This is an increase from Broadcom's previous quarterly dividend of $0.59. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, December 22nd. Broadcom's dividend payout ratio is currently 54.62%. <h2>Analysts Set New Price Targets</h2>AVGO has been the subject of several analyst reports. Raymond James Financial set a $420.00 price objective on Broadcom and gave the stock an &#34;outperform&#34; rating in a research report on Thursday, November 20th. Morgan Stanley increased their price target on Broadcom from $443.00 to $462.00 and gave the stock an &#34;overweight&#34; rating in a report on Friday, December 12th. Oppenheimer raised their price objective on Broadcom from $435.00 to $450.00 and gave the stock an &#34;outperform&#34; rating in a research report on Friday, December 12th. TD Cowen upped their target price on shares of Broadcom from $405.00 to $450.00 and gave the company a &#34;buy&#34; rating in a research report on Friday, December 12th. Finally, JPMorgan Chase &amp; Co. increased their target price on shares of Broadcom from $400.00 to $475.00 and gave the stock an &#34;overweight&#34; rating in a research note on Friday, December 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Broadcom has a consensus rating of &#34;Buy&#34; and a consensus target price of $436.33.Read Our Latest Stock Analysis on AVGO<h2>About Broadcom</h2> (Free Report)Broadcom Inc NASDAQ: AVGO is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company's semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia. On the semiconductor side, Broadcom's portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.<h2>Featured Stories</h2><ul><li>Five stocks we like better than Broadcom</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul>Want to see what other hedge funds are holding AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO - Free Report).<img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVZHTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVZHTw"/>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.<h2>Should You Invest $1,000 in Broadcom Right Now?</h2>Before you consider Broadcom, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Broadcom wasn't on the list.While Broadcom currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here </div>

AVGO

Abner Herrman & Brock LLC acquired 2,813 shares of Broadcom Inc., valued at $928,000, during Q3. Other investors like Vanguard and State Street also increased their stakes. CEO Hock E. Tan sold 130,000 shares, while Director Harry L. You bought 1,000 shares. Analysts are bullish on Broadcom, citing AI revenue growth and dividend increase. Despite a 20% stock drop, Wall Street sees potential for $500 per share. Concerns include margin decline from AI system sales.

Abner Herrman & Brock LLC Purchases New Stake in Broadcom Inc. $AVGO