Broadcom Inc. $AVGO Shares Acquired by GTS Securities LLC

Key Points

• GTS Securities increased its Broadcom stake by 27.3% in the second quarter, acquiring 26,387 shares for a total holding of 122,966 shares valued at approximately $46.45 million. Institutional investors collectively own 76.43% of Broadcom’s stock.
• Analysts remain broadly bullish, with 30 issuing Buy ratings and four assigning Hold ratings. Broadcom has a consensus “Moderate Buy” rating and an average price target of $505.97.
• Broadcom’s latest quarter exceeded expectations, with earnings of $3.32 per share and revenue of $29.59 billion, up 85.5% year over year. The company also declared a quarterly dividend of $0.65 per share, while recent insider sales totaled $24.0 million.

GTS Securities LLC increased its stake in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 27.3% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 122,966 shares of the semiconductor manufacturer's stock after acquiring an additional 26,387 shares during the period. Broadcom makes up approximately 1.0% of GTS Securities LLC's holdings, making the stock its 20th largest holding. GTS Securities LLC's holdings in Broadcom were worth $46,450,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. ROSS JOHNSON & Associates LLC lifted its position in shares of Broadcom by 1,320.0% during the fourth quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer's stock worth $25,000 after purchasing an additional 66 shares in the last quarter. Networth Advisors LLC grew its holdings in Broadcom by 546.2% during the 1st quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer's stock valued at $26,000 after purchasing an additional 71 shares in the last quarter. SWAN Capital LLC grew its holdings in Broadcom by 261.9% during the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer's stock valued at $26,000 after purchasing an additional 55 shares in the last quarter. Harborfront Financial Group LLC purchased a new stake in Broadcom during the 2nd quarter worth $38,000. Finally, Cherry Tree Wealth Management LLC increased its stake in Broadcom by 44.9% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 129 shares of the semiconductor manufacturer's stock worth $45,000 after buying an additional 40 shares during the period. Hedge funds and other institutional investors own 76.43% of the company's stock.

Insider Buying and Selling

In other news, Director Justine Page sold 1,602 shares of the stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $373.86, for a total transaction of $598,923.72. Following the sale, the director directly owned 17,426 shares in the company, valued at approximately $6,514,884.36. This represents a 8.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark Brazeal sold 25,000 shares of the firm's stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $401.33, for a total value of $10,033,250.00. Following the completion of the sale, the insider directly owned 194,989 shares in the company, valued at approximately $78,254,935.37. This trade represents a 11.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 61,644 shares of company stock worth $24,016,214 over the last quarter. 1.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AVGO shares. Susquehanna restated a "positive" rating and set a $490.00 target price (up from $450.00) on shares of Broadcom in a research note on Thursday, May 28th. Piper Sandler started coverage on Broadcom in a research note on Wednesday. They issued an "overweight" rating and a $460.00 price target on the stock. The Goldman Sachs Group reissued a "buy" rating on shares of Broadcom in a report on Monday, August 3rd. Evercore set a $578.00 price objective on Broadcom in a research note on Thursday, September 3rd. Finally, Dbs Bank upgraded Broadcom to a "moderate buy" rating in a report on Thursday, June 18th. Thirty equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Broadcom has a consensus rating of "Moderate Buy" and a consensus target price of $505.97.

Broadcom Stock Down 1.1%

Shares of Broadcom stock opened at $364.38 on Thursday. The business has a 50-day moving average price of $382.99 and a 200 day moving average price of $378.23. Broadcom Inc. has a fifty-two week low of $289.96 and a fifty-two week high of $495.00. The firm has a market cap of $1.73 trillion, a P/E ratio of 46.54 and a beta of 1.44. The company has a quick ratio of 2.29, a current ratio of 2.50 and a debt-to-equity ratio of 0.57.

Broadcom (NASDAQ:AVGO - Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 EPS for the quarter, topping analysts' consensus estimates of $3.22 by $0.10. The firm had revenue of $29.59 billion during the quarter, compared to the consensus estimate of $29.24 billion. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The firm's revenue was up 85.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.69 earnings per share. On average, sell-side analysts forecast that Broadcom Inc. will post 10.36 earnings per share for the current fiscal year.

Broadcom Announces Dividend

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

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom reported record AI semiconductor revenue of approximately $16.7 billion and projected that AI-related revenue could reach $230 billion by 2028. Custom AI accelerators are becoming a larger contributor to revenue and profits, supporting the long-term bullish case. Broadcom Forecasts $230 Billion in AI Semiconductor Revenue in 2028
• Positive Sentiment: The 2028 outlook has encouraged bullish analysts and investors, with some arguing that accelerating AI chip sales could eventually support a share price above $900. Cantor also raised its price target to $600, indicating substantial potential upside if Broadcom executes. Top Analyst sets jaw-dropping Broadcom stock target after earnings
• Positive Sentiment: Broadcom’s earnings call highlighted strong demand for custom AI accelerators and a multiyear customer pipeline. Increasing spending by major cloud and AI companies, including OpenAI, could expand the addressable market for Broadcom’s networking and custom silicon products. Broadcom Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Technical coverage notes that AVGO has underperformed the broader market and remains well below its 52-week high. The next important signal will be whether the stock can stabilize after the post-earnings breakdown. GOOGL, AVGO, AMD and LITE
• Negative Sentiment: Fiscal fourth-quarter revenue guidance fell short of Wall Street expectations, creating concern that near-term growth may not match the market’s aggressive AI assumptions. Truist responded by lowering its price target, even while acknowledging the stronger long-term outlook. Truist cuts Broadcom stock target
• Negative Sentiment: Some investors view the $230 billion AI forecast as increasingly expensive to justify, given AVGO’s elevated valuation and execution requirements. The stock’s reaction shows that excellent results may not be enough when expectations and future growth are already exceptionally high. Broadcom: The $230 Billion AI Dream Is Getting Expensive

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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