Broadcom Inc. $AVGO is Palogic Value Management L.P.'s 8th Largest Position

Key Points

• Palogic Value Management reduced its Broadcom holdings by 5.5% in the second quarter, but the stock remains its eighth-largest position at 2.3% of the portfolio, worth approximately $10.6 million.
• Institutional investors own 76.43% of Broadcom, while insiders sold roughly 53,492 shares worth $20.8 million over the past three months.
• Broadcom reported quarterly earnings and revenue above analyst expectations, and analysts maintain a broadly positive outlook with an average “Moderate Buy” rating and a $509.04 price target; however, risks include hyperscalers developing competing in-house AI chips.

Palogic Value Management L.P. reduced its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 5.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,936 shares of the semiconductor manufacturer's stock after selling 1,624 shares during the period. Broadcom comprises approximately 2.3% of Palogic Value Management L.P.'s portfolio, making the stock its 8th biggest holding. Palogic Value Management L.P.'s holdings in Broadcom were worth $10,553,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Capstone Financial Advisors Inc. boosted its holdings in shares of Broadcom by 21.3% during the 2nd quarter. Capstone Financial Advisors Inc. now owns 1,733 shares of the semiconductor manufacturer's stock valued at $655,000 after acquiring an additional 304 shares during the last quarter. Tortoise Investment Management LLC increased its stake in shares of Broadcom by 21.4% in the 2nd quarter. Tortoise Investment Management LLC now owns 2,363 shares of the semiconductor manufacturer's stock worth $893,000 after purchasing an additional 416 shares in the last quarter. Tarbox Family Office Inc. bought a new position in shares of Broadcom in the second quarter worth about $8,119,000. Van Hulzen Asset Management LLC raised its stake in Broadcom by 1.7% during the 2nd quarter. Van Hulzen Asset Management LLC now owns 103,516 shares of the semiconductor manufacturer's stock worth $39,103,000 after acquiring an additional 1,720 shares during the period. Finally, MCF Advisors LLC lifted its stake in shares of Broadcom by 8.5% during the 2nd quarter. MCF Advisors LLC now owns 24,335 shares of the semiconductor manufacturer's stock valued at $9,192,000 after buying an additional 1,898 shares in the last quarter. Hedge funds and other institutional investors own 76.43% of the company's stock.

Insiders Place Their Bets

In other Broadcom news, insider Mark Brazeal sold 25,000 shares of Broadcom stock in a transaction on Friday, July 10th. The shares were sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the sale, the insider owned 194,989 shares of the company's stock, valued at $78,254,935.37. The trade was a 11.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Justine Page sold 1,602 shares of the business's stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $373.86, for a total transaction of $598,923.72. Following the transaction, the director owned 17,426 shares in the company, valued at $6,514,884.36. The trade was a 8.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 53,492 shares of company stock worth $20,840,292. Corporate insiders own 1.90% of the company's stock.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s custom-chip business is the central bullish catalyst. Management projects AI semiconductor revenue of approximately $115 billion in fiscal 2027 and $230 billion in fiscal 2028, as hyperscalers seek alternatives to standard GPUs to improve computing costs and efficiency. The AI Boom Isn’t Over: 3 Stocks You Need to Watch
• Positive Sentiment: Commentators including Jim Cramer view AVGO as potentially “too cheap to ignore” following a decline of roughly 30% from its yearly peak. The argument is that strong AI growth, repeated earnings beats, and a lower share price create an attractive risk-reward setup for long-term investors. Jim Cramer on Broadcom
• Positive Sentiment: Broadcom’s CEO Hock Tan reportedly expressed strong confidence despite recent AI-related market fears. The company also benefits from continued semiconductor-sector strength and expectations that AI infrastructure investment will remain elevated. Broadcom CEO Hock Tan says he isn’t worried
• Neutral Sentiment: Investor attention is unusually high, with multiple reports highlighting AVGO as one of the most-watched stocks. These articles largely recap existing earnings and valuation themes rather than announce a new company-specific development. Broadcom is Attracting Investor Attention
• Negative Sentiment: Risks include hyperscalers developing their own AI accelerators, which could reduce reliance on outside suppliers. Meta, for example, could save billions by using internally designed chips. Broadcom’s VMware and enterprise-software growth story also has mixed industry evidence, making the AI forecast the more important driver for the stock. Meta Can Save $8.5 Billion by Using Its Own Chips

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Citigroup reissued a "buy" rating and issued a $515.00 price target (up from $500.00) on shares of Broadcom in a report on Friday, September 4th. KeyCorp reissued an "overweight" rating and set a $575.00 price objective on shares of Broadcom in a research note on Thursday, September 3rd. Mizuho increased their target price on shares of Broadcom from $480.00 to $530.00 and gave the company an "outperform" rating in a research note on Thursday, June 4th. Raymond James Financial reissued an "outperform" rating and set a $475.00 price target (up from $450.00) on shares of Broadcom in a research note on Thursday, September 3rd. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of Broadcom in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $509.04.

Broadcom Price Performance

NASDAQ AVGO opened at $357.67 on Friday. Broadcom Inc. has a 1 year low of $289.96 and a 1 year high of $495.00. The company has a market cap of $1.71 trillion, a price-to-earnings ratio of 45.68 and a beta of 1.44. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.29. The stock's fifty day moving average price is $378.91 and its 200 day moving average price is $379.01.

Broadcom (NASDAQ:AVGO - Get Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share for the quarter, topping the consensus estimate of $3.22 by $0.10. The company had revenue of $29.59 billion for the quarter, compared to the consensus estimate of $29.24 billion. Broadcom had a return on equity of 48.33% and a net margin of 42.94%.The firm's revenue for the quarter was up 85.5% compared to the same quarter last year. During the same period last year, the firm earned $1.69 EPS. As a group, equities research analysts forecast that Broadcom Inc. will post 10.36 earnings per share for the current year.

Broadcom Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. Broadcom's payout ratio is currently 33.21%.

Broadcom Company Profile

Broadcom Inc NASDAQ: AVGO designs, develops and supplies semiconductor and infrastructure software products for businesses, telecommunications providers and other organizations worldwide. Its semiconductor portfolio includes networking and connectivity components, custom application-specific integrated circuits, broadband and wireless communications products, storage adapters, optical components, and industrial solutions.

The company also provides enterprise infrastructure software through businesses including VMware, which offers virtualization and private- and hybrid-cloud solutions; mainframe and enterprise software; and cybersecurity products.

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