Robeco Schweiz AG Acquires 3,100 Shares of Broadcom Inc. $AVGO

Market Beat
2026.05.13 09:16
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Robeco Schweiz AG increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 22.3% during Q4, acquiring an additional 3,100 shares, bringing its total holdings to 17,000 shares valued at approximately $5.88 million. Other institutional investors also made new stakes in Broadcom. Insider transactions included sales by directors, with significant shares sold recently. Analysts remain optimistic about Broadcom's performance, with Citi raising its price target to $500, driven by strong AI demand. The stock is currently trading at $419.30, reflecting a market cap of $1.99 trillion.