<div id="readability-page-1">Smith Salley Wealth Management lifted its position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 18.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor owned 96,666 shares of the semiconductor manufacturer's stock after purchasing an additional 15,233 shares during the quarter. Broadcom accounts for 1.6% of Smith Salley Wealth Management's portfolio, making the stock its 14th largest position. Smith Salley Wealth Management's holdings in Broadcom were worth $31,891,000 at the end of the most recent reporting period.<ul><li>MarketBeat Week in Review – 12/29 - 01/02</li></ul>A number of other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its stake in Broadcom by 21.8% in the fourth quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer's stock valued at $6,882,000 after acquiring an additional 5,322 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Broadcom by 10.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer's stock valued at $1,854,000 after purchasing an additional 756 shares in the last quarter. United Bank grew its position in shares of Broadcom by 76.5% in the 1st quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer's stock valued at $392,000 after purchasing an additional 1,014 shares during the period. New England Asset Management Inc. grew its position in shares of Broadcom by 0.6% in the 1st quarter. New England Asset Management Inc. now owns 17,660 shares of the semiconductor manufacturer's stock valued at $2,957,000 after purchasing an additional 105 shares during the period. Finally, Plancorp LLC increased its stake in Broadcom by 31.7% during the 1st quarter. Plancorp LLC now owns 10,791 shares of the semiconductor manufacturer's stock worth $1,807,000 after purchasing an additional 2,598 shares in the last quarter. Institutional investors own 76.43% of the company's stock. <h2>Broadcom Stock Up 0.4%</h2>NASDAQ:AVGO opened at $347.62 on Friday. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. The firm has a market capitalization of $1.65 trillion, a price-to-earnings ratio of 73.03, a price-to-earnings-growth ratio of 1.18 and a beta of 1.21. 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 stock's 50 day moving average price is $362.90 and its two-hundred day moving average price is $327.86. <ul><li>The Lazy Way to Play NVIDIA’s $20B Groq Deal</li></ul>Broadcom (NASDAQ:AVGO - Get Free Report) last released 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 net margin of 36.20% and a return on equity of 37.45%. The business had revenue of $18.02 billion during the quarter, compared to analysts' expectations of $17.46 billion. During the same period last year, the business earned $1.42 earnings per share. The firm's revenue was up 28.2% on a year-over-year basis. Equities research analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year. <h2>Broadcom Increases Dividend</h2>The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were paid a dividend of $0.65 per share. The ex-dividend date was Monday, December 22nd. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. This is a boost from Broadcom's previous quarterly dividend of $0.59. Broadcom's dividend payout ratio (DPR) is presently 54.62%. <h2>Broadcom News Roundup</h2><ul><li>Broadcom's Insider Selling: A Big Red Flag, or Business as Usual?</li></ul>Here are the key news stories impacting Broadcom this week:<ul> <li>Positive Sentiment: Coverage highlights Broadcom as a key beneficiary of the AI networking upgrade cycle — the company reportedly has roughly $20 billion of non‑accelerator AI backlog, supporting revenue visibility for networking products. The Market May Be Underestimating This AI Trend, and These Stocks Are Set to Benefit</li> <li>Positive Sentiment: Social-media and market chatter emphasize a much larger AI order backlog (reported as ~$73 billion in some summaries), fueling optimism that Broadcom will capture sustained demand for AI infrastructure. This narrative is a major near‑term sentiment driver. Broadcom Inc. Stock (AVGO) Opinions on AI Backlog and Earnings Guidance</li> <li>Positive Sentiment: Zacks Research materially raised EPS forecasts across 2026–2028 (large lift to quarterly and full‑year estimates), implying analysts expect stronger future profitability — a catalyst for multiple expansion if results follow. Zacks Research earnings revisions (via MarketBeat)</li> <li>Positive Sentiment: Benchmark and other sell‑side firms have recently increased price targets on AVGO amid AI chip and infrastructure growth expectations, providing additional analyst support for the stock. Benchmark boosts Broadcom’s (AVGO) price target amid AI chip growth</li> <li>Neutral Sentiment: Market context: tech-led rally to start 2026 has buoyed large-cap AI and semiconductor names, helping AVGO alongside peers — broader macro (Fed path, jobs data) remains the bigger swing factor. MarketBeat Week in Review – 12/29 - 01/02 (AVGO)</li> <li>Neutral Sentiment: Industry note: Barron’s frames 2026 as a competitive year among Nvidia, AMD and Broadcom in AI chips and infrastructure — outcomes will influence market share and margin trajectories but are forward‑looking. Nvidia, AMD and Broadcom Are Facing Off. How the 2026 AI Chips Battle Is Shaping Up.</li> <li>Negative Sentiment: Valuation and rating pressure: Seeking Alpha published a piece arguing Broadcom is “expensive,” and some readers/analysts question whether current prices already price in optimistic AI outcomes — a risk if execution or timing lags. Broadcom: 'Expensive' Understates It (Rating Downgrade)</li> <li>Negative Sentiment: Insider selling has been prominent in recent weeks (multiple executive sales reported, including sizable blocks), which markets often interpret as a near‑term negative signal on sentiment even when sales may be routine. Insider Selling: Broadcom NASDAQ: AVGO Insider Sells $9,126,006.47 in Stock</li> </ul><h2>Insider Buying and Selling</h2>In other Broadcom news, CEO Hock E. Tan sold 100,000 shares of the business's stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $345.65, for a total transaction of $34,565,000.00. Following the transaction, the chief executive officer owned 495,638 shares of the company's stock, valued at $171,317,274.70. The trade was a 16.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, CFO Kirsten M. Spears sold 3,714 shares of the firm's stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $327.79, for a total value of $1,217,412.06. Following the completion of the sale, the chief financial officer directly owned 307,237 shares of the company's stock, valued at approximately $100,709,216.23. The trade was a 1.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 650,701 shares of company stock worth $239,190,157 in the last 90 days. 2.00% of the stock is owned by corporate insiders. <h2>Analyst Ratings Changes</h2>A number of brokerages have weighed in on AVGO. Benchmark lifted their price target on shares of Broadcom from $385.00 to $485.00 and gave the company a &#34;buy&#34; rating in a research note on Friday, December 12th. Morgan Stanley boosted their price objective on shares of Broadcom from $443.00 to $462.00 and gave the company an &#34;overweight&#34; rating in a research report on Friday, December 12th. Argus upped their target price on shares of Broadcom from $285.00 to $375.00 and gave the stock a &#34;buy&#34; rating in a research note on Monday, September 8th. Deutsche Bank Aktiengesellschaft set a $430.00 price target on Broadcom and gave the company a &#34;buy&#34; rating in a research note on Friday, December 12th. Finally, Rosenblatt Securities boosted their price target on Broadcom from $400.00 to $440.00 and gave the company a &#34;buy&#34; rating in a report on Tuesday, December 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of &#34;Buy&#34; and an average price target of $436.33.Get Our Latest Stock Report on AVGO<h2>Broadcom Company Profile</h2> (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.<h2>Further Reading</h2><ul><li>Five stocks we like better than Broadcom</li><li>A month before the crash</li><li>Do not delete, read immediately</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Market Panic: Trump Just Dropped a Bomb on Your Stocks</li><li>[URGENT!] SpaceX Going Public! – Pre-IPO Action</li></ul><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"/>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.<h2>Should You Invest $1,000 in Broadcom Right Now?</h2>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 </div>

AVGO

Smith Salley Wealth Management increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 18.7% in Q3, acquiring an additional 15,233 shares, bringing its total to 96,666 shares valued at approximately $31.89 million. Other institutional investors also raised their positions in Broadcom. The stock opened at $347.62, with a market cap of $1.65 trillion. Broadcom reported earnings of $1.95 per share, exceeding estimates, and announced a quarterly dividend increase to $0.65 per share, reflecting a 0.7% yield. Analysts expect strong future profitability driven by AI demand.

Smith Salley Wealth Management Purchases 15,233 Shares of Broadcom Inc. $AVGO