Perigon Wealth Management LLC Has $52.58 Million Position in Broadcom Inc. $AVGO

Market Beat
2026.01.01 10:54
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Perigon Wealth Management LLC increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 3.7% in Q3, now holding 159,380 shares valued at $52.58 million. Other institutional investors also adjusted their positions, with 76.43% of the stock owned by such entities. Broadcom's stock has seen a 51% increase YTD, supported by strong AI demand and a recent dividend raise, although insider selling has raised concerns. The stock opened at $346.10, with a market cap of $1.64 trillion and a P/E ratio of 72.71.