<div id="readability-page-1"><p>FSA Investment Group LLC acquired a new position in shares of  Broadcom Inc. (NASDAQ:AVGO - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,676 shares of the semiconductor manufacturer's stock, valued at approximately $559,000. Broadcom comprises about  0.3% of FSA Investment Group LLC's portfolio, making the stock its 20th biggest holding.</p><ul><li>Why Taiwan Semiconductor and Meta Could Be the Hidden Bull Case for Broadcom</li></ul><p>Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of  Broadcom by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer's stock valued at $133,261,046,000 after buying an additional 6,222,802 shares during the period.  State Street Corp raised its stake in  Broadcom by 0.5% during the 2nd quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer's stock worth $51,071,601,000 after buying an additional 873,963 shares during the period.  Geode Capital Management LLC lifted its holdings in  Broadcom by 2.1% during the second quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer's stock worth $29,827,649,000 after acquiring an additional 2,226,585 shares in the last quarter.  Norges Bank bought a new position in  Broadcom during the second quarter worth about $18,579,549,000.  Finally, Invesco Ltd. grew its stake in  Broadcom by 8.4% in the second quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer's stock valued at $10,598,641,000 after acquiring an additional 2,978,768 shares during the period. Institutional investors and hedge funds own  76.43% of the company's stock. </p><h2>Insider Activity</h2><p>In related news, insider Mark David Brazeal sold 30,000 shares of the firm's stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total value of $10,413,600.00. Following the completion of the sale, the insider directly owned 210,573 shares in the company, valued at approximately $73,094,099.76. This trade represents a 12.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Harry L. You purchased 1,000 shares of Broadcom stock in a transaction that occurred on Thursday, December 18th. The shares were acquired at an average price of $325.13 per share, with a total value of $325,130.00. Following the acquisition, the director directly owned 36,602 shares of the company's stock, valued at $11,900,408.26. This trade represents a 2.81% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders sold 779,901 shares of company stock valued at $284,069,237. 2.00% of the stock is owned by corporate insiders. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>MarketBeat Week in Review – 01/12 - 01/16</li></ul><p>A number of research firms have recently commented on AVGO. TD Cowen  reaffirmed a &#34;buy&#34; rating on shares of Broadcom in a research report on Friday, December 12th. Oppenheimer raised their target price on shares of Broadcom from $435.00 to $450.00 and gave the stock an &#34;outperform&#34; rating in a report on Friday, December 12th. Weiss Ratings  reiterated a &#34;buy (b)&#34; rating on shares of Broadcom in a report on Monday, December 29th. Raymond James Financial  set a $420.00 price objective on shares of Broadcom and gave the stock an &#34;outperform&#34; rating in a research report on Thursday, November 20th. Finally, Barclays  reaffirmed an &#34;overweight&#34; rating and issued a $500.00 price objective (up from $450.00) on shares of Broadcom in a research report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one  has given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of &#34;Buy&#34; and an average price target of $438.61.</p><p><b>Read Our Latest Report on Broadcom</b></p><h2>Broadcom Stock Performance</h2><ul><li>Broadcom Earns ‘Top Pick’ Status From Wall Street’s Biggest Banks</li></ul><p>AVGO opened at $324.85 on Tuesday. The business's 50-day simple moving average is $356.84 and its 200 day simple moving average is $336.51. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. The firm has a market capitalization of $1.54 trillion, a PE ratio of 68.25, a PEG ratio of 1.06 and a beta of 1.21. </p><p>Broadcom (NASDAQ:AVGO - Get Free Report) last posted its quarterly 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. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The firm had revenue of $18.02 billion for the quarter, compared to analyst estimates of $17.46 billion. During the same quarter in the previous year, the firm earned $1.42 EPS. The business's quarterly revenue was up 28.2% on a year-over-year basis.  As a group, sell-side analysts expect that  Broadcom Inc. will post 5.38 earnings per share for the current fiscal year. </p><h2>Broadcom Increases Dividend</h2><p>The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a dividend of $0.65 per share. The ex-dividend date was Monday, December 22nd. This is a positive change from Broadcom's previous quarterly dividend of $0.59. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. Broadcom's dividend payout ratio  is presently 54.62%. </p><h2>Broadcom Profile</h2> (Free Report)<p>Broadcom Inc <span>NASDAQ: AVGO<span></span></span> 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.  </p><p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Broadcom</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Do not delete, read immediately</li><li>The $100 Trillion AI Story No One Is Telling You</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>If You Keep Cash In A U.S. Bank Account… Read This NOW</li></ul><p><strong>Want to see what other hedge funds are holding AVGO?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO - Free Report).</p><p><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"/></p><p><em>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.</em></p><h2>Should You Invest $1,000 in Broadcom Right Now?</h2><p>Before you consider Broadcom, you'll want to hear this.</p><p>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.</p><p>While Broadcom currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>FSA Investment Group LLC has acquired a new position in Broadcom Inc. (NASDAQ:AVGO), purchasing 1,676 shares valued at approximately $559,000 during Q3. This investment represents 0.3% of FSA's portfolio. Other institutional investors, including Vanguard and State Street, have also increased their stakes in Broadcom. Insider trading activity includes a sale of 30,000 shares by Mark David Brazeal and a purchase of 1,000 shares by Director Harry L. You. Analysts maintain a positive outlook on Broadcom, with multiple firms issuing buy ratings and raising price targets.</p>

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Broadcom

FSA Investment Group LLC Purchases New Position in Broadcom Inc. $AVGO