Nwam LLC Sells 4,570 Shares of Broadcom Inc. $AVGO

Market Beat
2026.01.22 10:31
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Nwam LLC reduced its stake in Broadcom Inc. (NASDAQ:AVGO) by 4.7% in Q3, selling 4,570 shares, leaving it with 91,798 shares valued at $31.2 million. Broadcom constitutes 2.2% of Nwam's portfolio. Other institutional investors have also increased their positions in Broadcom. Analysts maintain a positive outlook, with multiple firms issuing buy ratings and raising price targets, reflecting confidence in Broadcom's growth potential, particularly in AI and data-center demand. However, some analysts express concerns about valuation and margin risks amid recent insider selling and market performance.