Rep. Cleo Fields Buys Broadcom Inc. (NASDAQ:AVGO) Shares

Representative Cleo Fields (D-Louisiana) recently bought shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on September 03rd, the Representative disclosed that they had bought between $15,001 and $50,000 in Broadcom stock on August 15th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/22/2025.
• Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/20/2025.
• Purchased $15,001 – $50,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/15/2025.
• Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/15/2025.
• Purchased $100,001 – $250,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/15/2025.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/14/2025.
• Purchased $50,001 – $100,000 in shares of Broadcom (NASDAQ:AVGO) on 8/13/2025.

Broadcom Price Performance

AVGO stock opened at $334.89 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.08 and a debt-to-equity ratio of 0.89. Broadcom Inc. has a 12 month low of $134.90 and a 12 month high of $356.34. The firm has a market cap of $1.58 trillion, a P/E ratio of 85.43, a P/E/G ratio of 2.17 and a beta of 1.16. The company’s 50-day moving average price is $292.09 and its two-hundred day moving average price is $237.25.

Broadcom (NASDAQ:AVGO) last released 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. Broadcom had a net margin of 31.59% and a return on equity of 37.17%. The firm had revenue of $15.95 billion for the quarter, compared to analyst estimates of $15.82 billion. During the same period last year, the firm earned $1.24 EPS. The business’s quarterly revenue was up 22.0% compared to the same quarter last year. Broadcom has set its Q4 2025 guidance at EPS. On average, analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 22nd. Broadcom’s dividend payout ratio (DPR) is currently 88.39%.

Analyst Ratings Changes

Several equities analysts have commented on AVGO shares. The Goldman Sachs Group reissued a “buy” rating and issued a $340.00 target price on shares of Broadcom in a report on Wednesday, August 13th. Oppenheimer reaffirmed an “outperform” rating and set a $360.00 price target (up from $325.00) on shares of Broadcom in a report on Friday. Morgan Stanley lifted their price target on shares of Broadcom from $338.00 to $357.00 and gave the company an “overweight” rating in a report on Tuesday. Wall Street Zen lowered shares of Broadcom from a “buy” rating to a “hold” rating in a report on Monday, August 25th. Finally, UBS Group lifted their price target on shares of Broadcom from $290.00 to $345.00 and gave the company a “buy” rating in a report on Monday, August 25th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $351.00.

Insider Transactions at Broadcom

In other news, Director Henry Samueli sold 473,898 shares of Broadcom stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $265.33, for a total value of $125,739,356.34. Following the completion of the sale, the director owned 38,188,575 shares in the company, valued at $10,132,574,604.75. The trade was a 1.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Mark David Brazeal sold 50,000 shares of Broadcom stock in a transaction on Monday, June 23rd. The shares were sold at an average price of $253.28, for a total transaction of $12,664,000.00. Following the completion of the sale, the insider owned 415,956 shares of the company’s stock, valued at $105,353,335.68. This represents a 10.73% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 830,516 shares of company stock worth $217,286,457. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Broadcom in the 1st quarter worth approximately $25,000. Cheviot Value Management LLC acquired a new position in shares of Broadcom in the 1st quarter worth approximately $25,000. Inlight Wealth Management LLC acquired a new position in shares of Broadcom in the 1st quarter worth approximately $26,000. Sawyer & Company Inc lifted its position in shares of Broadcom by 62.1% in the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 36 shares during the period. Finally, Longfellow Investment Management Co. LLC acquired a new position in shares of Broadcom in the 2nd quarter worth approximately $27,000. Institutional investors and hedge funds own 76.43% of the company’s stock.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.