Broadcom Inc. $AVGO Stake Increased by Paragon Private Wealth Management LLC

Paragon Private Wealth Management LLC increased its stake in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 21.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,274 shares of the semiconductor manufacturer's stock after acquiring an additional 2,702 shares during the period. Broadcom comprises approximately 1.7% of Paragon Private Wealth Management LLC's portfolio, making the stock its 10th largest position. Paragon Private Wealth Management LLC's holdings in Broadcom were worth $5,039,000 as of its most recent filing with the SEC.How Long Can Equal-Weighted ETFs Keep Outperforming the S&P 500?Other large investors have also added to or reduced their stakes in the company. Assetmark Inc. lifted its stake in shares of Broadcom by 2.4% in the 2nd quarter. Assetmark Inc. now owns 1,703,487 shares of the semiconductor manufacturer's stock valued at $469,566,000 after acquiring an additional 39,466 shares during the last quarter. Capital Counsel LLC NY bought a new position in Broadcom during the 2nd quarter worth approximately $221,000. Waterloo Capital L.P. increased its stake in Broadcom by 7.0% in the 2nd quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer's stock worth $13,331,000 after purchasing an additional 3,180 shares during the period. Providence First Trust Co lifted its position in Broadcom by 1,099.3% in the third quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer's stock valued at $2,944,000 after purchasing an additional 8,179 shares during the last quarter. Finally, RiverFront Investment Group LLC boosted its stake in shares of Broadcom by 107.6% during the second quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer's stock valued at $4,555,000 after purchasing an additional 8,566 shares during the period. Hedge funds and other institutional investors own 76.43% of the company's stock. Key Headlines Impacting BroadcomHere are the key news stories impacting Broadcom this week: Positive Sentiment: Hyperscalers are boosting AI capex and need networking and infrastructure to support GPU clusters — this strengthens demand for Broadcom’s switches, interconnects, and custom ASICs. Why Wall Street Is Betting Big on This Artificial Intelligence (AI) Infrastructure Stock Positive Sentiment: Bank of America and other sell‑side support: recent notes reiterating Buy ratings and price‑target upside reinforce institutional confidence and can sustain buying interest. Wall Street Projects 38% Upside To Broadcom Inc. (AVGO) Positive Sentiment: Industry research and analyst upgrades highlight market‑share gains in AI server ASIC design — supports long‑term revenue growth if Broadcom remains the preferred partner for hyperscalers. Broadcom Inc. (AVGO) Strengthens AI and Semiconductor Leadership with Analyst Upgrades and Market Share Gains Positive Sentiment: Dividend signal: Broadcom will pay a March dividend, which supports total‑return appeal for income‑focused investors. This Nvidia rival to pay 2026's first dividend in March; Here's how much 100 shares will earn Neutral Sentiment: Valuation and competition comparisons (Broadcom vs. Nvidia/AMD) are being widely debated — useful context but mixed implications depending on adoption of custom chips vs. GPUs. Better Artificial Intelligence (AI) Stock: Broadcom vs. Nvidia Neutral Sentiment: Macro/flow note: rotation into equal‑weight ETFs has affected tech leadership; AVGO’s performance will partly track broader tech sentiment and the Magnificent Seven dynamics. How Long Can Equal-Weighted ETFs Keep Outperforming the S&P 500? (AVGO) Negative Sentiment: Share pullback: AVGO has dropped roughly ~20% from its highs — raises short‑term risk and gives some investors a buying opportunity, but reflects profit‑taking/valuation concerns. Why This AI Stock's Recent Pullback Could Be a Gift for Long-Term Investors Negative Sentiment: Competitive/critique pieces note Broadcom’s chips are testing but haven’t unseated Nvidia’s dominance and some analysts remain skeptical about the full investment case. Buzz about Broadcom’s custom chips is testing, but not breaking Nvidia's dominance Negative Sentiment: Mixed media/critic commentary and technicals: some high‑profile commentators are cautious and the stock sits below its 50‑day moving average, indicating short‑term technical pressure. Broadcom's AI Success Is Undeniable - The Investment Case Is Not Insider Buying and SellingMicrosoft Drops After Earnings—Why the Bull Case Holds In other news, CFO Kirsten M. Spears sold 30,000 shares of the firm's stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the completion of the transaction, the chief financial officer directly owned 277,237 shares in the company, valued at $96,428,573.34. This trade represents a 9.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Henry Samueli sold 320,316 shares of the company's stock in a transaction dated 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 transaction, the director owned 37,326,540 shares in the company, valued at approximately $14,950,399,066.20. The trade was a 0.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 779,901 shares of company stock worth $284,069,237 in the last 90 days. Corporate insiders own 2.00% of the company's stock. Broadcom Stock Up 0.2%Shares of NASDAQ:AVGO opened at $331.30 on Monday. The firm has a market capitalization of $1.57 trillion, a P/E ratio of 69.60, a P/E/G ratio of 1.10 and a beta of 1.21. 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 stock has a 50 day moving average price of $355.76 and a 200-day moving average price of $338.03. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61. Why Taiwan Semiconductor and Meta Could Be the Hidden Bull Case for BroadcomBroadcom (NASDAQ:AVGO - Get Free Report) last issued 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 company had revenue of $18.02 billion for the quarter, compared to analysts' expectations of $17.46 billion. During the same period in the prior year, the firm earned $1.42 earnings per share. The firm's revenue for the quarter was up 28.2% on a year-over-year basis. As a group, equities research analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal year. Broadcom Increases DividendThe business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, December 22nd. This is an increase from Broadcom's previous quarterly dividend of $0.59. Broadcom's dividend payout ratio (DPR) is currently 54.62%. Wall Street Analysts Forecast GrowthSeveral brokerages recently commented on AVGO. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Broadcom in a research note on Monday, December 29th. JPMorgan Chase & Co. raised their price target on shares of Broadcom from $400.00 to $475.00 and gave the stock an "overweight" rating in a report on Friday, December 12th. Deutsche Bank Aktiengesellschaft set a $430.00 price objective on shares of Broadcom and gave the company a "buy" rating in a research note on Friday, December 12th. Oppenheimer increased their target price on shares of Broadcom from $435.00 to $450.00 and gave the stock an "outperform" rating in a report on Friday, December 12th. Finally, Sanford C. Bernstein restated an "outperform" rating and set a $475.00 price target (up previously from $400.00) on shares of Broadcom in a report on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $437.28.Get Our Latest Stock Report on AVGOBroadcom Profile (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.Featured ArticlesFive stocks we like better than BroadcomTrump just signed itBuy this Gold Stock Before May 2026This is the Exact Moment the AI Boom Will EndNew Banking Law #1582 Could Unlock $21 Trillion for AmericansALERT: Drop these 5 stocks before the market opens tomorrow!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).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.Should You Invest $1,000 in Broadcom Right Now?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