Broadcom Inc. $AVGO Shares Purchased by Inspire Investing LLC

Market Beat
2025.12.29 10:18
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Inspire Investing LLC increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 12.3% in Q3, owning 14,225 shares valued at $4.69 million. Other institutional investors, including Vanguard and State Street, also raised their positions. Analysts are optimistic, with many issuing upgrades and a consensus "Buy" recommendation, driven by a strong AI order backlog and fiscal Q4 revenue beat. However, concerns persist over post-earnings selloff and insider selling, impacting sentiment. Broadcom's stock has received multiple positive ratings, with target prices ranging from $403 to $480.