<div id="readability-page-1"><p>Eventide Asset Management LLC lifted its holdings in shares of  Broadcom Inc. (NASDAQ:AVGO - Free Report) by 61.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,971 shares of the semiconductor manufacturer's stock after purchasing an additional 19,384 shares during the quarter. Eventide Asset Management LLC's holdings in Broadcom were worth $14,165,000 as of its most recent SEC filing.</p><ul><li>Broadcom Slips Post-Earnings Even as AI Demand Goes Parabolic</li></ul><p>A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of  Broadcom by 1.3% during 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 acquiring an additional 6,222,802 shares during the period.  State Street Corp increased its position in shares of  Broadcom by 0.5% in the second quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer's stock worth $51,071,601,000 after purchasing an additional 873,963 shares during the period.  Geode Capital Management LLC raised its stake in  Broadcom by 2.1% in the second quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer's stock valued at $29,827,649,000 after purchasing an additional 2,226,585 shares in the last quarter.  Norges Bank acquired a new position in  Broadcom in the second quarter valued at about $18,579,549,000.  Finally, Price T Rowe Associates Inc. MD lifted its position in  Broadcom by 37.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 65,509,579 shares of the semiconductor manufacturer's stock worth $10,968,270,000 after purchasing an additional 17,985,046 shares during the period. 76.43% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several research firms have commented on AVGO. Robert W. Baird  set a $420.00 target price on shares of Broadcom in a report on Friday. KeyCorp  reiterated an &#34;overweight&#34; rating and set a $500.00 price target (up previously from $460.00) on shares of Broadcom in a research report on Friday. Wells Fargo &amp; Company boosted their price objective on shares of Broadcom from $255.00 to $345.00 and gave the company an &#34;equal weight&#34; rating in a research report on Friday, September 5th. Benchmark upped their target price on Broadcom from $385.00 to $485.00 and gave the stock a &#34;buy&#34; rating in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft  set a $430.00 target price on Broadcom and gave the company a &#34;buy&#34; rating in a report on Friday. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued  a Buy rating and one  has assigned  a Hold rating to the company's stock. According to data from MarketBeat.com, Broadcom presently has an average rating of &#34;Buy&#34; and an average target price of $435.85.</p><ul><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p><b>View Our Latest Stock Analysis on AVGO</b></p><h2>Insider Activity</h2><p>In related news, insider Mark David Brazeal sold 16,558 shares of the business's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $347.61, for a total value of $5,755,726.38. Following the sale, the insider owned 329,302 shares of the company's stock, valued at $114,468,668.22. The trade was a 4.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Henry Samueli sold 320,316 shares of the stock in a transaction on Monday, December 8th. The shares were sold at an average price of $400.53, for a total value of $128,296,167.48. Following the completion of the sale, the director owned 37,326,540 shares of the company's stock, valued at $14,950,399,066.20. The trade was a 0.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 837,433 shares of company stock worth $303,900,352. Company insiders own  2.00% of the company's stock. </p><h2>Broadcom Trading Down 11.4%</h2><ul><li>Dividend Growth Is Heating Up: 3 Stocks With Steady Payout Gains</li></ul><p>NASDAQ AVGO opened at $359.93 on Friday. The company has a market cap of $1.70 trillion, a price-to-earnings ratio of 75.62, a price-to-earnings-growth ratio of 1.38 and a beta of 1.19. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. The company has a quick ratio of 1.37, a current ratio of 1.50 and a debt-to-equity ratio of 0.86. The business's fifty day moving average is $363.17 and its 200 day moving average is $317.38. </p><p>Broadcom (NASDAQ:AVGO - Get Free Report) last posted its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, beating the consensus estimate of $1.87 by $0.08. Broadcom had a return on equity of 38.82% and a net margin of 36.20%.The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same period last year, the company earned $1.42 earnings per share. 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 EPS for the current fiscal year. </p><h2>Broadcom Increases Dividend</h2><p>The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, December 22nd. This is a positive change from Broadcom's previous quarterly dividend of $0.59. Broadcom's payout ratio is presently 49.58%. </p><h2>Broadcom Profile</h2> (Free Report)<p>Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Broadcom</li><li>What Does a Stock Split Mean? </li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>P/E Ratio Calculation: How to Assess Stocks</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>Why Are These Companies Considered Blue Chips?</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><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>

AVGO

<p>Eventide Asset Management LLC increased its holdings in Broadcom Inc. by 61.4% in Q2, owning 50,971 shares worth $14.17 million. Other firms like Vanguard and State Street also adjusted their positions. Analysts mostly rate Broadcom as a "Buy" with an average target price of $435.85. Insiders sold shares worth $303.9 million recently. Broadcom's stock opened at $359.93, with a market cap of $1.70 trillion.</p>

Eventide Asset Management LLC Has $14.17 Million Holdings in Broadcom Inc. $AVGO