Rep. Lisa C. McClain Buys Broadcom Inc. (NASDAQ:AVGO) Shares

Key Points

• Representative Lisa C. McClain (R‑Mich.) disclosed on November 21 that she bought between $1,001 and $15,000 of Broadcom Inc. (AVGO) shares on October 30 in her "CHARLES SCHWAB 401K > SCHWAB 893" account.
• Broadcom shares recently traded up 1.9% to $385.03, with a market cap of $1.82 trillion, a P/E of 98.22, a 12‑month high of $388.13, and a quarterly dividend of $0.59 (annualized yield ~0.6%).

Representative Lisa C. McClain (R-Michigan) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Broadcom stock on October 30th. The trade occurred in the Representative's "CHARLES SCHWAB 401K > SCHWAB 893" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Ciena NYSE: CIEN on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Coherent NYSE: COHR on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Clorox NYSE: CLX on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Northern Trust NASDAQ: NTRS on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Honda Motor NYSE: HMC on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Home BancShares NYSE: HOMB on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Five Below NASDAQ: FIVE on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Pure Storage NYSE: PSTG on 10/31/2025.
• Sold $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 10/31/2025.

Broadcom Stock Up 1.9%

Shares of Broadcom stock traded up $7.07 during trading on Tuesday, hitting $385.03. 33,172,498 shares of the stock were exchanged, compared to its average volume of 25,463,602. 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's 50-day moving average price is $348.43 and its 200 day moving average price is $302.46. The stock has a market cap of $1.82 trillion, a price-to-earnings ratio of 98.22, a price-to-earnings-growth ratio of 1.16 and a beta of 1.19. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $388.13.

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

Broadcom Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 22nd were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, September 22nd. Broadcom's dividend payout ratio (DPR) is presently 60.20%.

Insider Transactions at Broadcom

In other news, Director Henry Samueli sold 368,797 shares of Broadcom stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $337.91, for a total value of $124,620,194.27. Following the sale, the director owned 37,722,534 shares of the company's stock, valued at $12,746,821,463.94. The trade was a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark David Brazeal sold 16,558 shares of the stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $347.61, for a total transaction of $5,755,726.38. Following the transaction, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders bought 3,550 shares of company stock worth $1,227,869 and sold 665,271 shares worth $225,483,192. Corporate insiders own 2.00% of the company's stock.

Institutional Trading of Broadcom

Several institutional investors and hedge funds have recently bought and sold shares of AVGO. Norges Bank acquired a new position in Broadcom in the 2nd quarter valued at about $18,579,549,000. Nuveen LLC purchased a new position in shares of Broadcom in the 1st quarter valued at approximately $6,649,117,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Broadcom by 37.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 65,509,579 shares of the semiconductor manufacturer's stock valued at $10,968,270,000 after purchasing an additional 17,985,046 shares during the period. Vanguard Group Inc. raised its stake in shares of Broadcom by 1.3% during the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer's stock worth $133,261,046,000 after purchasing an additional 6,222,802 shares during the last quarter. Finally, Edgewood Management LLC purchased a new stake in shares of Broadcom during the second quarter worth approximately $1,571,438,000. Hedge funds and other institutional investors own 76.43% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Mizuho set a $435.00 target price on Broadcom and gave the stock an "outperform" rating in a research report on Tuesday, October 21st. Rosenblatt Securities raised their price objective on shares of Broadcom from $340.00 to $400.00 and gave the stock a "buy" rating in a report on Friday, September 5th. Benchmark boosted their price objective on shares of Broadcom from $315.00 to $385.00 and gave the stock a "buy" rating in a research report on Friday, September 5th. Citigroup reaffirmed a "buy" rating and issued a $415.00 target price (up from $350.00) on shares of Broadcom in a research report on Tuesday, October 14th. Finally, Morgan Stanley set a $409.00 price target on shares of Broadcom and gave the stock an "overweight" rating in a research note on Tuesday, October 14th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $374.21.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Broadcom Company 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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