1,992 Shares in Broadcom Inc. $AVGO Purchased by Traub Capital Management LLC

Key Points

• Traub Capital Management LLC opened a new position in Broadcom, buying 1,992 shares in Q2 worth about $549,000, while institutional investors collectively own roughly 76.43% of the company.
• Broadcom beat Q results, reporting $1.69 EPS vs. $1.66 expected and $15.95B revenue vs. $15.82B expected (revenue +22% YoY); the company has a market cap of about $1.64 trillion and a PE of 88.47.
• Significant insider activity included sales of 665,271 shares worth ~$225.5M in the last quarter (insiders now own ~2.00%); the company also pays a $0.59 quarterly dividend (annualized $2.36, ~0.7% yield).

Traub Capital Management LLC acquired a new position in Broadcom Inc. (NASDAQ:AVGO - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,992 shares of the semiconductor manufacturer's stock, valued at approximately $549,000.

Several other large investors have also added to or reduced their stakes in AVGO. Cheviot Value Management LLC purchased a new stake in Broadcom in the first quarter valued at approximately $25,000. Sawyer & Company Inc lifted its holdings in shares of Broadcom by 62.1% during the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer's stock worth $26,000 after acquiring an additional 36 shares during the last quarter. Legend Financial Advisors Inc. purchased a new position in Broadcom in the second quarter worth $28,000. LGT Financial Advisors LLC purchased a new position in Broadcom in the second quarter worth $31,000. Finally, New England Capital Financial Advisors LLC bought a new position in Broadcom in the second quarter valued at $31,000. Institutional investors own 76.43% of the company's stock.

Broadcom Stock Performance

Shares of AVGO opened at $346.82 on Friday. The company has a 50-day simple moving average of $348.54 and a two-hundred day simple moving average of $298.92. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.50 and a quick ratio of 1.37. The firm has a market capitalization of $1.64 trillion, a PE ratio of 88.47, a price-to-earnings-growth ratio of 1.21 and a beta of 1.19. Broadcom Inc. has a one year low of $138.10 and a one year high of $386.48.

Broadcom (NASDAQ:AVGO - Get Free Report) last posted its earnings results on Thursday, September 4th. The semiconductor manufacturer reported $1.69 earnings per share for the quarter, topping analysts' consensus estimates of $1.66 by $0.03. The firm had revenue of $15.95 billion for the quarter, compared to the consensus estimate of $15.82 billion. Broadcom had a return on equity of 36.60% and a net margin of 31.59%.The business's revenue for the quarter was up 22.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.24 EPS. Broadcom has set its Q4 2025 guidance at EPS. On average, analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.36 annualized dividend and a yield of 0.7%. Broadcom's dividend payout ratio (DPR) is currently 60.20%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on AVGO shares. Benchmark lifted their price target on Broadcom from $315.00 to $385.00 and gave the stock a "buy" rating in a research note on Friday, September 5th. UBS Group set a $415.00 target price on Broadcom and gave the stock a "buy" rating in a research note on Tuesday, October 14th. Barclays set a $450.00 price target on shares of Broadcom and gave the company an "overweight" rating in a research report on Tuesday, October 14th. Argus upped their price objective on shares of Broadcom from $285.00 to $375.00 and gave the company a "buy" rating in a research note on Monday, September 8th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $340.00 target price on shares of Broadcom in a report on Wednesday, August 13th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $374.21.

Insider Activity

In other news, insider Mark David Brazeal sold 16,558 shares of the company's stock in a transaction dated 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 directly owned 329,302 shares of the company's stock, valued at $114,468,668.22. This represents a 4.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Justine Page sold 800 shares of the stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $331.14, for a total transaction of $264,912.00. Following the completion of the transaction, the director owned 21,382 shares of the company's stock, valued at approximately $7,080,435.48. The trade was a 3.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have purchased 3,550 shares of company stock worth $1,227,869 and have sold 665,271 shares worth $225,483,192. Corporate insiders own 2.00% of the company's stock.

Broadcom Profile

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.

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