<div id="readability-page-1"><p>American Trust lifted its position in shares of  Broadcom Inc. (NASDAQ:AVGO - Free Report) by 72.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,603 shares of the semiconductor manufacturer's stock after purchasing an additional 4,023 shares during the period. American Trust's holdings in Broadcom were worth $2,647,000 at the end of the most recent reporting period.</p><ul><li>Broadcom Slips Post-Earnings Even as AI Demand Goes Parabolic</li></ul><p>A number of other institutional investors and hedge funds have also recently modified their holdings of AVGO. Vanguard Group Inc. boosted 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 worth $133,261,046,000 after acquiring an additional 6,222,802 shares in the last quarter.  State Street Corp lifted its stake in  Broadcom by 0.5% during 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 last quarter.  Geode Capital Management LLC boosted its holdings 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 purchased a new position in  Broadcom in the second quarter valued at approximately $18,579,549,000.  Finally, Price T Rowe Associates Inc. MD increased its stake in  Broadcom by 37.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 65,509,579 shares of the semiconductor manufacturer's stock valued at $10,968,270,000 after purchasing an additional 17,985,046 shares during the last quarter. Institutional investors and hedge funds own  76.43% of the company's stock. </p><h2>Broadcom Stock Performance</h2><p>NASDAQ AVGO opened at $359.93 on Monday. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61. The business's 50-day moving average price is $363.17 and its 200 day moving average price is $318.50. 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 firm has a market cap of $1.70 trillion, a P/E ratio of 75.62, a P/E/G ratio of 1.22 and a beta of 1.19. </p><ul><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p>Broadcom (NASDAQ:AVGO - Get Free Report) last announced its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating 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 the consensus estimate of $17.46 billion. During the same period last year, the business posted $1.42 EPS. The company's revenue was up 28.2% on a year-over-year basis.  On average, equities research analysts expect that  Broadcom Inc. will post 5.38 earnings per share for the current year. </p><h2>Broadcom Increases Dividend</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a $0.65 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $2.60 annualized dividend and a yield of 0.7%. This is an increase from Broadcom's previous quarterly dividend of $0.59. Broadcom's dividend payout ratio  is presently 49.58%. </p><h2>Insider Activity at Broadcom</h2><ul><li>Dividend Growth Is Heating Up: 3 Stocks With Steady Payout Gains</li></ul><p>In other news, CEO Hock E. Tan sold 100,000 shares of Broadcom stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $339.58, for a total value of $33,958,000.00. Following the sale, the chief executive officer owned 725,638 shares of the company's stock, valued at $246,412,152.04. The trade was a 12.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through this hyperlink. Also, Director Henry Samueli sold 368,797 shares of the stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $337.91, for a total transaction of $124,620,194.27. Following the transaction, the director directly owned 37,722,534 shares of the company's stock, valued at $12,746,821,463.94. This represents a 0.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 836,633 shares of company stock worth $303,612,352 in the last 90 days. Corporate insiders own  2.00% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several brokerages have recently issued reports on AVGO. Cowen  restated a &#34;buy&#34; rating on shares of Broadcom in a report on Friday. Rosenblatt Securities upped their price objective on shares of Broadcom from $400.00 to $440.00 and gave the company a &#34;buy&#34; rating in a research note on Tuesday, December 9th. Citigroup  reaffirmed a &#34;buy&#34; rating and set a $480.00 price objective (up previously from $415.00) on shares of Broadcom in a report on Friday. Argus boosted their target price on Broadcom from $285.00 to $375.00 and gave the company a &#34;buy&#34; rating in a report on Monday, September 8th. Finally, JPMorgan Chase &amp; Co. upped their target price on Broadcom from $400.00 to $475.00 and gave the company an &#34;overweight&#34; rating in a research report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued  a Buy rating and one  has issued  a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of &#34;Buy&#34; and an average target price of $435.85.</p><p><b>Check Out Our Latest Research Report on AVGO</b></p><h2>Broadcom Company 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>Read More</h2><ul><li>Five stocks we like better than Broadcom</li><li>What Is WallStreetBets and What Stocks Are They Targeting?</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>Why Invest in 5G? How to Invest in 5G Stocks  </li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>What Does a Stock Split Mean? </li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</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>American Trust increased its stake in Broadcom Inc. by 72.1% in Q2, owning 9,603 shares valued at $2.65 million. Other institutional investors like Vanguard, State Street, and Geode Capital also adjusted their holdings. Broadcom's stock performance shows a 52-week range of $138.10 to $414.61, with a market cap of $1.70 trillion. The company reported Q4 earnings of $1.95 per share, beating estimates, and announced a dividend increase to $0.65 per share.</p>

American Trust Increases Position in Broadcom Inc. $AVGO