<div id="readability-page-1"><p>Huntleigh Advisors Inc. cut its stake in  Broadcom Inc. (NASDAQ:AVGO - Free Report) by 8.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 60,682 shares of the semiconductor manufacturer's stock after selling 5,569 shares during the period. Broadcom makes up  about  3.4% of Huntleigh Advisors Inc.'s portfolio, making the stock its 3rd biggest holding. Huntleigh Advisors Inc.'s holdings in Broadcom were worth $20,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>Why Taiwan Semiconductor and Meta Could Be the Hidden Bull Case for Broadcom</li></ul><p>A number of other institutional investors have also recently modified their holdings of AVGO. Migdal Insurance &amp; Financial Holdings Ltd. grew its holdings in shares of  Broadcom by 85.6% during the 3rd quarter. Migdal Insurance &amp; Financial Holdings Ltd. now owns 397,970 shares of the semiconductor manufacturer's stock worth $131,288,000 after purchasing an additional 183,530 shares in the last quarter.  Vest Financial LLC lifted its position in  Broadcom by 26.8% during the third quarter. Vest Financial LLC now owns 116,308 shares of the semiconductor manufacturer's stock worth $38,371,000 after purchasing an additional 24,618 shares during the period.  Forvis Mazars Wealth Advisors LLC grew its stake in  Broadcom by 0.4% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 23,402 shares of the semiconductor manufacturer's stock worth $7,720,000 after buying an additional 87 shares in the last quarter.  Joel Isaacson &amp; Co. LLC grew its stake in  Broadcom by 15.8% during the third quarter. Joel Isaacson &amp; Co. LLC now owns 13,226 shares of the semiconductor manufacturer's stock worth $4,363,000 after buying an additional 1,800 shares in the last quarter.  Finally, Impact Investors Inc increased its holdings in  Broadcom by 28.5% in the 3rd quarter. Impact Investors Inc now owns 7,605 shares of the semiconductor manufacturer's stock valued at $2,509,000 after buying an additional 1,685 shares during the period. 76.43% of the stock is currently owned by institutional investors. </p><h2>Insider Buying and Selling at Broadcom</h2><p>In other news, CEO Hock E. Tan sold 130,000 shares of the firm's stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $326.02, for a total transaction of $42,382,600.00. Following the completion of the transaction, the chief executive officer owned 595,638 shares of the company's stock, 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 legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, Director Henry Samueli sold 320,316 shares of the business's stock in a transaction on Monday, December 8th. The stock was sold at an average price of $400.53, for a total transaction of $128,296,167.48. Following the completion of the sale, the director directly owned 37,326,540 shares in the company, valued at approximately $14,950,399,066.20. This represents a 0.85% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 779,901 shares of company stock valued at $284,069,237. Insiders own  2.00% of the company's stock. </p><h2>Broadcom Price Performance</h2><ul><li>MarketBeat Week in Review – 01/12 - 01/16</li></ul><p>Shares of AVGO opened at $324.85 on Tuesday. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61. The business has a 50-day simple moving average of $356.84 and a two-hundred day simple moving average of $336.51. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 0.76. The stock has a market cap 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 announced its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, beating analysts' consensus estimates of $1.87 by $0.08. The firm had revenue of $18.02 billion for the quarter, compared to analyst estimates of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The business's revenue for the quarter was up 28.2% on a year-over-year basis. During the same period last year, the firm posted $1.42 earnings per share.  Analysts anticipate that  Broadcom Inc. will post 5.38 earnings per share for the current fiscal year. </p><h2>Broadcom Increases Dividend</h2><ul><li>Broadcom Earns ‘Top Pick’ Status From Wall Street’s Biggest Banks</li></ul><p>The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Broadcom's previous quarterly dividend of $0.59. Broadcom's payout ratio is presently 54.62%. </p><h2>Wall Street Analysts Forecast Growth</h2><p>AVGO has been the subject of a number of recent analyst reports. JPMorgan Chase &amp; Co. upped their price target on shares of Broadcom from $400.00 to $475.00 and gave the stock an &#34;overweight&#34; rating in a report on Friday, December 12th. Robert W. Baird  set a $420.00 price objective on shares of Broadcom in a research report on Friday, December 12th. KeyCorp  reaffirmed an &#34;overweight&#34; rating and issued a $500.00 target price (up previously from $460.00) on shares of Broadcom in a report on Friday, December 12th. UBS Group  set a $475.00 price target on Broadcom and gave the company a &#34;buy&#34; rating in a research note on Monday, December 15th. Finally, Benchmark boosted their price target on Broadcom from $385.00 to $485.00 and gave the stock a &#34;buy&#34; rating in a report on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned  a Buy rating and one  has issued  a Hold rating to the company. According to data from MarketBeat, Broadcom presently has a consensus rating of &#34;Buy&#34; and a consensus price target of $438.61.</p><p><b>Check Out Our Latest Report on Broadcom</b></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>Featured Articles</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>Huntleigh Advisors Inc. reduced its stake in Broadcom Inc. (NASDAQ:AVGO) by 8.4% in Q3, selling 5,569 shares, leaving it with 60,682 shares valued at approximately $20 million. Other institutional investors also adjusted their holdings, with significant increases from Migdal Insurance and Vest Financial. CEO Hock E. Tan and Director Henry Samueli sold substantial shares recently. Broadcom's stock performance shows a market cap of $1.54 trillion and a recent EPS of $1.95, exceeding estimates. The company also announced a quarterly dividend.</p>

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Huntleigh Advisors Inc. Sells 5,569 Shares of Broadcom Inc. $AVGO