Marshall Financial Group LLC Sells 1,611 Shares of Broadcom Inc. $AVGO

Key Points

• Marshall Financial Group LLC reduced its stake in **Broadcom Inc.** by **7.3%**, selling **1,611 shares**, and now holds **20,415 shares**, valued at approximately **$5.6 million**.
• Insider trading activity included CFO Kirsten M. Spears selling **7,498 shares** for about **$2.61 million** and CEO Hock E. Tan selling **148,154 shares** for approximately **$49.88 million**.
• Broadcom recently declared a quarterly dividend of **$0.59 per share**, representing an annual yield of **0.7%**, with a payout ratio of **60.20%**.

Marshall Financial Group LLC reduced its position in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 7.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,415 shares of the semiconductor manufacturer's stock after selling 1,611 shares during the quarter. Broadcom makes up 1.1% of Marshall Financial Group LLC's portfolio, making the stock its 17th largest holding. Marshall Financial Group LLC's holdings in Broadcom were worth $5,597,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Brighton Jones LLC boosted its position 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 buying an additional 5,322 shares in the last quarter. Revolve Wealth Partners LLC increased its position in Broadcom by 10.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer's stock worth $1,854,000 after purchasing an additional 756 shares during the period. Bank Pictet & Cie Europe AG raised its holdings in Broadcom by 16.4% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 221,199 shares of the semiconductor manufacturer's stock worth $51,283,000 after purchasing an additional 31,225 shares during the last quarter. Retirement Planning Group LLC boosted its stake in shares of Broadcom by 4.9% in the 4th quarter. Retirement Planning Group LLC now owns 2,240 shares of the semiconductor manufacturer's stock valued at $519,000 after purchasing an additional 104 shares during the last quarter. Finally, Vise Technologies Inc. grew its position in shares of Broadcom by 41.6% during the 4th quarter. Vise Technologies Inc. now owns 60,805 shares of the semiconductor manufacturer's stock worth $14,097,000 after buying an additional 17,877 shares during the period. 76.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Broadcom news, CFO Kirsten M. Spears sold 7,498 shares of the firm's stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $347.66, for a total value of $2,606,754.68. Following the sale, the chief financial officer owned 313,330 shares in the company, valued at $108,932,307.80. This trade represents a 2.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Mark David Brazeal sold 16,558 shares of the business's stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $347.61, for a total value of $5,755,726.38. Following the sale, the insider owned 329,302 shares in the company, valued at $114,468,668.22. This represents a 4.79% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders acquired 3,550 shares of company stock worth $1,227,869 and sold 790,522 shares worth $224,295,124. 2.00% of the stock is currently owned by company insiders.

Broadcom Stock Performance

NASDAQ AVGO traded down $4.91 on Monday, hitting $339.44. 16,399,772 shares of the stock were exchanged, compared to its average volume of 26,399,619. The company has a market capitalization of $1.60 trillion, a PE ratio of 86.76, a P/E/G ratio of 1.91 and a beta of 1.16. 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 business's fifty day moving average is $308.05 and its 200 day moving average is $248.20. Broadcom Inc. has a 52 week low of $138.10 and a 52 week high of $374.23.

Broadcom (NASDAQ:AVGO - Get Free Report) last announced its quarterly 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 was up 22.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.24 earnings per share. Broadcom has set its Q4 2025 guidance at EPS. Research analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 22nd will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 22nd. Broadcom's dividend payout ratio (DPR) is 60.20%.

Wall Street Analysts Forecast Growth

AVGO has been the subject of a number of analyst reports. Argus lifted their price objective on Broadcom from $285.00 to $375.00 and gave the stock a "buy" rating in a research note on Monday, September 8th. Erste Group Bank upgraded shares of Broadcom from a "hold" rating to a "buy" rating in a report on Thursday, June 5th. Citigroup lifted their price target on shares of Broadcom from $315.00 to $350.00 and gave the stock a "buy" rating in a research report on Friday, September 5th. Mizuho raised their target price on shares of Broadcom from $355.00 to $410.00 and gave the stock an "outperform" rating in a report on Friday, September 12th. Finally, Piper Sandler boosted their price objective on shares of Broadcom from $315.00 to $375.00 and gave the company an "overweight" rating in a research report on Friday, September 5th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $356.48.

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.