Reporter Gilbert Ray Cissens, Jr. sells Broadcom Inc. (Nasdaq: Avgo) Shares – World Defense World

Representative Gilbert Ray Sasso, D-California recently sold shares to Broadcom Inc. (Nasdaq: AVGO). In the submission, revealed on February 11, the representative revealed that they had sold between $ 1.001 and $ 15,000 to Broadcom shares on January 30th. The trade happened in the account of the representative “150 Main Street> Bank of America”.

Representative Gilbert Ray Sassos, Jr., also recently made the following trade (s):

• Sold $ 1.001 – $ 15,000 shares on ICF International (NASDAQ: ICFI) on 2/3/2025.
• Purchased $ 15 001 – $ 50,000 shares of CACI International (NYSE: CACI) on 1/31/2025.
• Purchased $ 50 001 – $ 100,000 shares of Hawaii Electric Industries (NYSE: HE) on 1/31/2025.
• Purchased $ 1.001 – $ 15,000 shares of intuitive surgery (NASDAQ: ISRG) on 1/30/2025.
• Purchased $ 1 001 – $ 15,000 shares of Agios Pharmaceuticals (NASDAQ: Agio) on 29.01.2025.
• Purchased $ 1 001 – $ 15,000 shares on Springworks Therapeutics (NASDAQ: SWTX) on 29.01.2025.
• Purchased $ 1 001 – $ 15,000 in Paragon 28 shares (NYSE: FNA) on 29.01.2025.
• Purchased $ 1 001 – $ 15,000 shares from physical therapy in the US (NYSE: USPH) on 29.01.2025.
• Purchased $ 1 001 – $ 15,000 shares at Crinetics Pharmaceuticals (NASDAQ: CRNX) on 29.01.2025.
• Purchased $ 1.001 – $ 15,000 Lantheus shares (NASDAQ: LNTH) on 28.01.2025.

Broadcom stock with 0.6 %

NASDAQ AVGO shares opened in $ 236.35 on Thursday. The action has a market cap of $ 1.11 trillion, a PE ratio of 192,78, a price-profile ratio of 2.42 and a beta of 1,02. The company has a fast ratio of 1.07, the current ratio of 1.17 and a debt to capital of 0.98. Broadcom Inc. It has a 52-week minimum of $ 119.76 and a 52-week top of $ 251.88. The business has a 50-day movable average price of $ 222.47 and a 200-day average price of $ 185.75.

Broadcom (NASDAQ: AVGO – Get Free Report) last announced its profit results on Thursday, December 12th. The semiconductor manufacturer reported a profit of $ 1.42 per share (EPS) for the quarter, beating the estimates of consensus for analysts of $ 1.39 by $ 0.03. The company had revenue of $ 14.05 billion in the quarter, compared to the expectations of analysts of $ 14.07 billion. Broadcom had a return on equity of 28.00% and a net margin of 11.43%. Business revenue has increased by 51.2% on an annual basis. During the same period in the previous year, the company won $ 0.98 EPS. Share research analysts predict that Broadcom Inc. I will report 5.38 profit per share for the current year.

Broadcom increases dividend

The company also recently revealed a quarterly dividend, which was paid on Tuesday, December 31. The shareholders of the records on Monday, December 23, received a dividend of $ 0.59 per share. This is a boost of Broadcom’s previous quarterly dividend of $ 0.53. This represents a $ 2.36 annual dividend and a dividend yield of 1.00%. The date of the former dividend was Monday, December 23. The Broadcom dividend payment rate is currently 192.50%.

Analysts set new price targets

A number of research companies have weighed AVGO. Susquehanna increased its Broadcom pricing target from $ 200.00 to $ 225.00 and gave the action a “positive” rating in a research report on Friday, December 13th. UBS Group has increased its Broadcom pricing target from $ 170.00 to $ 200.00 and gave the “Buy” rating action in a report on a Monday, November 4th. The Truist Financial increased its Broadcom pricing target from $ 205.00 to $ 245.00 and gave the “Buy” rating action in a report on a study on Friday, December 13th. Mizuho increased its Broadcom price target from $ 245.00 to $ 260.00 and gave the rating the “surveillance” action in a research report on Friday, January 10th. Finally, TD Cowen increased its Broadcom pricing target from $ 210.00 to $ 240.00 and gave the rating “Buy” in a Friday -13 -December study report. Three scientific research analysts have evaluated the stock ratings and twenty -four rated the company’s purchase. According to Marketbeat, Broadcom currently has an average “moderate purchase” rating and a targeted price for consensus of $ 225.04.

Check out our Broadcom Stock Analysis

Insiders place their bets

In other news, CEO Hock E. Tan sold 45,000 Broadcom shares on a transaction on Tuesday, December 24th. The action was sold at an average price of $ 239.96, for a total value of $ 10,798,200.00. Following the completion of the sale, the CEO now holds 842 836 shares of the company, valued at $ 202 246,926,56. The trade was a 5.07 % reduction in their ownership of the shares. The sale was opened in a document submitted to the Securities and Exchange Commission, which is available on the SEC website. Director Eddie W. Hartenstein also sold 4,000 shares of Broadcom shares on Wednesday, January 8. The shares were sold at an average price of $ 229.64, for a total value of $ 918,560.00. After the sale is completed, the director directly owns 46,400 shares of the company’s shares, estimated at approximately $ 10,655 296. This represents a 7.94 % reduction in their position. Discovering this sale can be found here. In the last 90 days, internal people have sold 191 278 shares of the company worth $ 44,964,800. Corporate internal persons have 2.00% of the company’s shares.

Hedge funds weigh on Broadcom

Several Hedge Funds have recently bought and sold AVGO shares. The Central Pacific Bank Trust Department increased its position in Broadcom by 21.5% in the fourth quarter. The Pacific Bank Trust central department now holds 20 955 shares of the manufacturer’s shares of semiconductors worth $ 4,858,000 after purchasing an additional 3,707 shares in the last quarter. Wolff Financial Management LLC purchased a new position in Broadcom in the fourth quarter worth $ 244,000. Strait & Sound Wealth Management LLC increased its position in Broadcom by 829.8% in the third quarter. Strait & Sound Wealth Management LLC holds 7,950 shares from the manufacturer of semiconductor manufacturer worth $ 1.371,000 after purchasing an additional 7,095 shares in the last quarter. Catalyst Financial Partners LLC increased its position in Broadcom by 943.3% in the third quarter. Catalyst Financial Partners LLC holds 20 136 shares of the semiconductor manufacturer worth $ 3,473,000 after purchasing an additional 18,206 shares in the last quarter. Finally, wealth motivation advisers increased their position in Broadcom by 1.076.5% in the fourth quarter. Motive Wealth Advisors holds 4600 shares from the manufacturer’s shares of $ 1,066,000 in semiconductors after purchasing an additional $ 4,89 shares in the last quarter. 76.43% of the shares are owned by hedge funds and other institutional investors.

For the representative Cisneros

Gil Cissens (Democratic Party) is a member of the American House representing the 31st Congress County of California. He took office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election at the American House to present Central Congress County of California. He announced an application for the 2026 election.

Gill Sisharos served at the US Navy as a supply employee from 1994 to 2004. Cisneros won a bachelor’s degree in political science from George Washington University in 1994, Master’s Degree in Business Administration from Reise University and Master’s Degree in City City Degree Educational policy at Brown University in 2015. His career experience includes work as a logistics manager at Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, establishing a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as the Secretary of Defense for Personnel and Readiness.

Broadcom account

(Get a free report)

Broadcom Inc designs, develops and supplies various semiconductor devices with an emphasis on sophisticated digital and mixed signal complementary devices based on semiconductors and analog III-V products worldwide. The company operates in two segments, semiconductor solutions and infrastructure software.

Recommended stories

Get news and ratings for Broadcom Daily -Enter your email address below to receive a short daily summary of the latest news and analysts for Broadcom and connected companies with the free daily newsletter of MarketBeat.com.