Rep. Val T. Hoyle Sells Broadcom Inc. (NASDAQ:AVGO) Stock

Key Points

• Representative Val T. Hoyle sold shares of Broadcom Inc. (NASDAQ: AVGO) valued between $15,001 and $50,000 from her account on September 23rd.
• Broadcom's stock is currently down 5.9% and has a market cap of $1.53 trillion, with a twelve-month low of $138.10 and a high of $374.23.
• The company recently announced a quarterly dividend of $0.59 per share, with a yield of 0.7% and a payout ratio of 60.20%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Broadcom Inc. NASDAQ: AVGO. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in Broadcom stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Broadcom Stock Down 5.9%

AVGO stock opened at $324.63 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.37 and a debt-to-equity ratio of 0.86. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $374.23. The company's 50 day moving average is $322.64 and its two-hundred day moving average is $262.37. The stock has a market cap of $1.53 trillion, a P/E ratio of 82.81, a PEG ratio of 1.91 and a beta of 1.20.

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

Broadcom Announces Dividend

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

Institutional Trading of Broadcom

A number of institutional investors and hedge funds have recently bought and sold shares of AVGO. SK Wealth Management LLC purchased a new position in Broadcom in the 3rd quarter worth approximately $227,000. ABLE Financial Group LLC boosted its holdings in Broadcom by 1.2% in the 3rd quarter. ABLE Financial Group LLC now owns 11,198 shares of the semiconductor manufacturer's stock worth $3,694,000 after acquiring an additional 128 shares during the period. CHICAGO TRUST Co NA boosted its holdings in Broadcom by 13.3% in the 3rd quarter. CHICAGO TRUST Co NA now owns 25,908 shares of the semiconductor manufacturer's stock worth $8,547,000 after acquiring an additional 3,047 shares during the period. Diversified Enterprises LLC boosted its holdings in Broadcom by 1.4% in the 3rd quarter. Diversified Enterprises LLC now owns 7,855 shares of the semiconductor manufacturer's stock worth $2,591,000 after acquiring an additional 111 shares during the period. Finally, Navigoe LLC boosted its holdings in Broadcom by 515.0% in the 3rd quarter. Navigoe LLC now owns 123 shares of the semiconductor manufacturer's stock worth $40,000 after acquiring an additional 103 shares during the period. Institutional investors and hedge funds own 76.43% of the company's stock.

Insider Transactions at Broadcom

In other news, CFO Kirsten M. Spears sold 7,498 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $347.66, for a total transaction of $2,606,754.68. Following the completion of the transaction, the chief financial officer directly owned 313,330 shares in the company, valued at approximately $108,932,307.80. This represents a 2.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Charlie B. Kawwas sold 3,893 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $347.82, for a total value of $1,354,063.26. Following the transaction, the insider owned 25,295 shares of the company's stock, valued at approximately $8,798,106.90. This trade represents a 13.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have bought 3,550 shares of company stock worth $1,227,869 and have sold 666,071 shares worth $225,623,008. 2.00% of the stock is owned by insiders.

Analysts Set New Price Targets

AVGO has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Broadcom from a "hold" rating to a "buy" rating in a research note on Saturday, September 6th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $340.00 price target on shares of Broadcom in a research note on Wednesday, August 13th. Evercore ISI reaffirmed an "outperform" rating and set a $342.00 price target (up from $304.00) on shares of Broadcom in a research note on Thursday, September 4th. KeyCorp reiterated an "overweight" rating and issued a $420.00 price objective (up from $400.00) on shares of Broadcom in a research report on Tuesday, September 30th. Finally, Citigroup boosted their price objective 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. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $357.22.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

About Broadcom

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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