Fabless semiconductor companies

Broadcom Inc (NASDAQ:AVGO) Stock Position Reduced by Mn Services Vermogensbeheer BV

Mn Services Vermogensbeheer B.V. lessened its holdings in Broadcom Inc (NASDAQ:AVGO) by 4.5% during the 2nd quarter, according to the …

Mn Services Vermogensbeheer B.V. lessened its holdings in Broadcom Inc (NASDAQ:AVGO) by 4.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,922 shares of the semiconductor manufacturer’s stock after selling 3,200 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Broadcom were worth $19,552,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of AVGO. Pinnacle Bank lifted its holdings in Broadcom by 128.2% in the 2nd quarter. Pinnacle Bank now owns 89 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 50 shares in the last quarter. First Financial Corp IN purchased a new position in Broadcom in the 1st quarter valued at $30,000. Daiwa SB Investments Ltd. purchased a new position in Broadcom in the 1st quarter valued at $30,000. Destination Wealth Management purchased a new position in Broadcom in the 1st quarter valued at $41,000. Finally, Lenox Wealth Advisors LLC acquired a new stake in shares of Broadcom in the 1st quarter worth $44,000. Institutional investors own 83.13% of the company’s stock.

AVGO opened at $276.06 on Thursday. The firm has a market cap of $108.33 billion, a price-to-earnings ratio of 14.66, a price-to-earnings-growth ratio of 1.33 and a beta of 0.92. The company has a quick ratio of 1.13, a current ratio of 1.26 and a debt-to-equity ratio of 1.53. The business’s 50 day moving average is $283.20 and its two-hundred day moving average is $286.23. Broadcom Inc has a 52 week low of $208.23 and a 52 week high of $323.20.

Broadcom (NASDAQ:AVGO) last released its earnings results on Thursday, June 13th. The semiconductor manufacturer reported $5.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $5.18 by $0.03. The business had revenue of $5.52 billion for the quarter, compared to analyst estimates of $5.70 billion. Broadcom had a return on equity of 32.81% and a net margin of 15.92%. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.88 earnings per share. Equities analysts expect that Broadcom Inc will post 17.23 EPS for the current fiscal year.

In other Broadcom news, SVP Bryan Ingram sold 11,922 shares of the business’s stock in a transaction on Wednesday, June 26th. The stock was sold at an average price of $278.58, for a total transaction of $3,321,230.76. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Hock E. Tan sold 20,000 shares of the company’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $264.00, for a total value of $5,280,000.00. The disclosure for this sale can be found here. Insiders have sold 65,388 shares of company stock worth $18,198,482 in the last ninety days. 3.30% of the stock is currently owned by corporate insiders.

A number of analysts have issued reports on the company. ValuEngine downgraded Broadcom from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Royal Bank of Canada assumed coverage on Broadcom in a research note on Tuesday, July 23rd. They issued an “outperform” rating and a $320.00 target price for the company. UBS Group cut their target price on Broadcom from $325.00 to $310.00 and set a “buy” rating for the company in a research note on Friday, June 14th. Summit Redstone raised Broadcom to a “buy” rating in a research note on Friday, June 14th. Finally, Jefferies Financial Group cut their price objective on Broadcom from $370.00 to $324.00 and set a “buy” rating for the company in a research report on Friday, June 14th. Ten investment analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $304.32.

Broadcom Company Profile

Broadcom Inc designs, develops, and supplies a range of 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 through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

Further Reading: Gross Domestic Product (GDP)

Institutional Ownership by Quarter for Broadcom (NASDAQ:AVGO)

Receive News & Ratings for Broadcom Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Broadcom and related companies with MarketBeat.com’s FREE daily email newsletter.

No Related Posts

QUALCOMM, Inc. (NASDAQ:QCOM) Shares Sold by Amica Retiree Medical Trust

Amica Retiree Medical Trust cut its stake in shares of QUALCOMM, Inc. (NASDAQ:QCOM) by 19.2% in the 2nd quarter, according to the company in its …

Amica Retiree Medical Trust cut its stake in shares of QUALCOMM, Inc. (NASDAQ:QCOM) by 19.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,182 shares of the wireless technology company’s stock after selling 1,234 shares during the quarter. Amica Retiree Medical Trust’s holdings in QUALCOMM were worth $394,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of QCOM. Weaver Consulting Group acquired a new stake in QUALCOMM in the first quarter valued at $25,000. Farmers National Bank acquired a new stake in QUALCOMM in the first quarter valued at $26,000. Meridian Wealth Management LLC acquired a new stake in QUALCOMM in the first quarter valued at $26,000. Ibex Wealth Advisors acquired a new stake in QUALCOMM in the second quarter valued at $28,000. Finally, Mark Sheptoff Financial Planning LLC acquired a new stake in QUALCOMM in the first quarter valued at $29,000. 79.55% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have commented on QCOM shares. TheStreet raised QUALCOMM from a “c+” rating to a “b-” rating in a report on Thursday, August 1st. Stifel Nicolaus restated a “buy” rating and issued a $100.00 price target (up previously from $96.00) on shares of QUALCOMM in a research report on Thursday, May 2nd. Morgan Stanley set a $89.00 price target on QUALCOMM and gave the company a “buy” rating in a research report on Wednesday, August 21st. JPMorgan Chase & Co. raised their price target on QUALCOMM from $88.00 to $96.00 and gave the company a “positive” rating in a research report on Thursday, May 2nd. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $84.00 price objective on shares of QUALCOMM in a research report on Thursday, May 2nd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $79.69.

Shares of NASDAQ:QCOM opened at $74.35 on Thursday. The firm has a market cap of $89.38 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 2.03 and a beta of 1.62. QUALCOMM, Inc. has a 12-month low of $49.10 and a 12-month high of $90.34. The company has a current ratio of 1.77, a quick ratio of 1.61 and a debt-to-equity ratio of 2.46. The stock’s 50-day moving average price is $73.68 and its two-hundred day moving average price is $68.65.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 31st. The wireless technology company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.02. The business had revenue of $4.89 billion for the quarter, compared to analyst estimates of $5.12 billion. QUALCOMM had a return on equity of 112.21% and a net margin of 13.41%. The company’s revenue was down 12.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 EPS. As a group, research analysts forecast that QUALCOMM, Inc. will post 2.84 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, September 12th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Wednesday, September 11th. QUALCOMM’s dividend payout ratio is currently 77.74%.

In other news, SVP Erin L. Polek sold 1,478 shares of QUALCOMM stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $70.36, for a total value of $103,992.08. Following the transaction, the senior vice president now directly owns 1,386 shares of the company’s stock, valued at approximately $97,518.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.11% of the company’s stock.

QUALCOMM Profile

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

Hall Laurie J Trustee Lowers Position in QUALCOMM, Inc. (NASDAQ:QCOM)

Hall Laurie J Trustee lessened its holdings in shares of QUALCOMM, Inc. (NASDAQ:QCOM) by 3.9% in the 2nd quarter, according to its most recent …

Hall Laurie J Trustee lessened its holdings in shares of QUALCOMM, Inc. (NASDAQ:QCOM) by 3.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 5,676 shares of the wireless technology company’s stock after selling 229 shares during the period. Hall Laurie J Trustee’s holdings in QUALCOMM were worth $432,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Weaver Consulting Group acquired a new position in shares of QUALCOMM in the 1st quarter valued at $25,000. Ibex Wealth Advisors bought a new position in QUALCOMM during the 2nd quarter worth about $28,000. Hexavest Inc. bought a new position in QUALCOMM during the 2nd quarter worth about $33,000. Lenox Wealth Advisors LLC bought a new position in QUALCOMM during the 2nd quarter worth about $34,000. Finally, Meridian Wealth Management LLC bought a new position in QUALCOMM during the 1st quarter worth about $26,000. 79.55% of the stock is owned by institutional investors and hedge funds.

In other news, SVP Erin L. Polek sold 1,478 shares of the firm’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $70.36, for a total transaction of $103,992.08. Following the sale, the senior vice president now owns 1,386 shares in the company, valued at approximately $97,518.96. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.11% of the company’s stock.

A number of research firms have issued reports on QCOM. Deutsche Bank lowered their target price on QUALCOMM from $80.00 to $75.00 and set an “in-line” rating for the company in a report on Thursday, August 1st. Stifel Nicolaus restated a “buy” rating and issued a $100.00 price objective (up previously from $96.00) on shares of QUALCOMM in a report on Thursday, May 2nd. Cowen reiterated an “outperform” rating and set a $80.00 price target (down previously from $100.00) on shares of QUALCOMM in a report on Thursday, May 23rd. Citigroup lifted their price target on QUALCOMM from $55.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, May 2nd. Finally, DZ Bank restated a “sell” rating on shares of QUALCOMM in a research report on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $79.69.

Shares of NASDAQ QCOM opened at $74.35 on Thursday. The company has a current ratio of 1.77, a quick ratio of 1.61 and a debt-to-equity ratio of 2.46. QUALCOMM, Inc. has a 1-year low of $49.10 and a 1-year high of $90.34. The firm has a market capitalization of $89.38 billion, a P/E ratio of 23.31, a P/E/G ratio of 2.03 and a beta of 1.62. The firm’s 50-day moving average price is $73.68 and its 200-day moving average price is $68.65.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 31st. The wireless technology company reported $0.64 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.02. QUALCOMM had a net margin of 13.41% and a return on equity of 112.21%. The business had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $5.12 billion. During the same period in the prior year, the firm posted $1.01 EPS. The firm’s quarterly revenue was down 12.7% compared to the same quarter last year. Equities research analysts forecast that QUALCOMM, Inc. will post 2.84 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 12th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 3.34%. The ex-dividend date of this dividend is Wednesday, September 11th. QUALCOMM’s dividend payout ratio is presently 77.74%.

About QUALCOMM

Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

No Related Posts

Global 802.11ac Wi-Fi Chipsets Market Insights 2019-2026: Broadcom Corporation, Celeno …

Furthermore, the study emphasizes the major leading market players Broadcom Corporation, Celeno Communications, Intel Corporation, Marvell …

The report provides an influential source to evaluate the “802.11ac Wi-Fi Chipsets market” and other important details relating to it. The study divulges the in-depth evaluation and factual stats of the industry. It presents an elementary pattern of the 802.11ac Wi-Fi Chipsets market, that comprises applications, classifications, industry chain structure, and definitions. Moreover, it entails an all-embracing presumption of the industry and represents significant details, insights, and industry-substantiated statistics of the global 802.11ac Wi-Fi Chipsets market.

Click here to access the report:: www.promarketresearch.com/request-for-sample.html?repid=14901

Additionally, the report embraces projections inferred with the assistance of an apt set of methodologies and assumptions. It provides you data and analysis corresponding to categories such as technology, segments, geographies, market type, and applications. Furthermore, the study emphasizes the major leading market players Broadcom Corporation, Celeno Communications, Intel Corporation, Marvell Technology, MediaTek Inc., Qualcomm Technology, Quantenna Communications, Realtek Semiconductor across the world with particular comprising company profiles, market share, contact details, product specifications, images, and sales.

Apart from this, the research also details a number of characteristics related to the 802.11ac Wi-Fi Chipsets market, including standardization, major trends, deployment designs, ecosystem player profiles, operator case studies, potential roadmap, regulatory landscape, methods, possibilities, technologies, value chain, challenges, and drivers. Also, it provides a layout with regard to the 802.11ac Wi-Fi Chipsets market’s dynamics, by pinpointing several aspects comprising limitations, value chain, expenditure milieu, client acceptance, and drivers.

Read Detailed Index of full Research Study at::www.promarketresearch.com/global-80211ac-wi-fi-chipsets-market-2018-by-14901.html

The report is collected works of first-hand statistics apart from the qualitative and quantitative assessment by market analysts, participation from industry specialists & industry accomplices throughout the value chain. Moreover, it represents a methodical evaluation of macroeconomic markers, parent 802.11ac Wi-Fi Chipsets market trends, and established factors together with market appeal according to the segments 802.11ac Wave 1, 802.11ac Wave 2, Others, Market Trend by Application Computer (Notbook and Desktop PC), Smart Home Devices, Mobile Phone, Others. Also, the qualitative influence is charted by the research of numerous variables on the market geographies together with segments.

The report comprehends that with this cutthroat and swiftly budding circumstances, the state-of-the-art marketing particulars are central to accelerate performance and compose significant conclusions for growth and profitability. As a result, this report works as a systematic set of essential data that will be provided to individuals who ask for it.

There are 15 Chapters to display the Global 802.11ac Wi-Fi Chipsets market

Chapter 1, Definition, Specifications and Classification of 802.11ac Wi-Fi Chipsets , Applications of 802.11ac Wi-Fi Chipsets , Market Segment by Regions;

Chapter 2, Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;

Chapter 3, Technical Data and Manufacturing Plants Analysis of 802.11ac Wi-Fi Chipsets , Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;

Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);

Chapter 5 and 6, Regional Market Analysis that includes United States, China, Europe, Japan, Korea & Taiwan, 802.11ac Wi-Fi Chipsets Segment Market Analysis (by Type);

Chapter 7 and 8, The 802.11ac Wi-Fi Chipsets Segment Market Analysis (by Application) Major Manufacturers Analysis of 802.11ac Wi-Fi Chipsets ;

Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type 802.11ac Wave 1, 802.11ac Wave 2, Others, Market Trend by Application Computer (Notbook and Desktop PC), Smart Home Devices, Mobile Phone, Others;

Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;

Chapter 11, The Consumers Analysis of Global 802.11ac Wi-Fi Chipsets ;

Chapter 12, 802.11ac Wi-Fi Chipsets Research Findings and Conclusion, Appendix, methodology and data source;

Chapter 13, 14 and 15, 802.11ac Wi-Fi Chipsets sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

Enquire Here Get customization & check discount for report @:www.promarketresearch.com/inquiry-for-buying.html?repid=14901

Reasons for Buying 802.11ac Wi-Fi Chipsets market

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Author Details

kyongpitzerAuthor

Sorry! The Author has not filled his profile.

kyongpitzer@gmail.com

No Related Posts

FNY Investment Advisers LLC Takes $51000 Position in Broadcom Inc (NASDAQ:AVGO)

FNY Investment Advisers LLC bought a new position in Broadcom Inc (NASDAQ:AVGO) in the 2nd quarter, according to its most recent 13F filing with …

FNY Investment Advisers LLC bought a new position in Broadcom Inc (NASDAQ:AVGO) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 179 shares of the semiconductor manufacturer’s stock, valued at approximately $51,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its stake in shares of Broadcom by 6.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,644,308 shares of the semiconductor manufacturer’s stock valued at $418,142,000 after purchasing an additional 96,233 shares during the period. Washington Trust Bank raised its stake in Broadcom by 119.7% during the 1st quarter. Washington Trust Bank now owns 323 shares of the semiconductor manufacturer’s stock worth $97,000 after buying an additional 176 shares during the period. Addenda Capital Inc. raised its stake in Broadcom by 6.1% during the 1st quarter. Addenda Capital Inc. now owns 38,207 shares of the semiconductor manufacturer’s stock worth $11,490,000 after buying an additional 2,203 shares during the period. Bank of Edwardsville acquired a new position in Broadcom during the 1st quarter worth approximately $409,000. Finally, Hexavest Inc. acquired a new position in Broadcom during the 1st quarter worth approximately $46,064,000. Hedge funds and other institutional investors own 83.13% of the company’s stock.

In related news, SVP Bryan Ingram sold 11,922 shares of Broadcom stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of $278.58, for a total transaction of $3,321,230.76. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Hock E. Tan sold 20,000 shares of Broadcom stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $264.00, for a total transaction of $5,280,000.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 65,388 shares of company stock valued at $18,198,482. Corporate insiders own 3.30% of the company’s stock.

AVGO opened at $276.06 on Thursday. The company has a quick ratio of 1.13, a current ratio of 1.26 and a debt-to-equity ratio of 1.53. The firm’s 50 day moving average is $283.20 and its 200-day moving average is $286.23. The firm has a market capitalization of $108.33 billion, a P/E ratio of 14.66, a P/E/G ratio of 1.33 and a beta of 0.92. Broadcom Inc has a 52-week low of $208.23 and a 52-week high of $323.20.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings results on Thursday, June 13th. The semiconductor manufacturer reported $5.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.18 by $0.03. The business had revenue of $5.52 billion during the quarter, compared to analyst estimates of $5.70 billion. Broadcom had a net margin of 15.92% and a return on equity of 32.81%. The business’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.88 earnings per share. Equities analysts expect that Broadcom Inc will post 17.23 earnings per share for the current fiscal year.

AVGO has been the subject of a number of recent research reports. Summit Redstone raised Broadcom to a “buy” rating in a report on Friday, June 14th. KeyCorp boosted their price objective on Broadcom from $310.00 to $330.00 and gave the stock an “overweight” rating in a report on Friday, August 9th. Barclays decreased their price objective on Broadcom from $360.00 to $315.00 and set an “overweight” rating for the company in a report on Friday, June 14th. Zacks Investment Research raised Broadcom from a “sell” rating to a “hold” rating and set a $279.00 price objective for the company in a report on Tuesday, June 18th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $350.00 price objective on shares of Broadcom in a report on Monday, June 10th. Ten equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $304.32.

Broadcom Company Profile

Featured Story: What are Bollinger Bands?

Institutional Ownership by Quarter for Broadcom (NASDAQ:AVGO)

No Related Posts

Tag: Fabless semiconductor companies

Broadcom Inc (NASDAQ:AVGO) Stock Position Reduced by Mn Services Vermogensbeheer BV

Related Posts:

QUALCOMM, Inc. (NASDAQ:QCOM) Shares Sold by Amica Retiree Medical Trust

Related Posts:

Hall Laurie J Trustee Lowers Position in QUALCOMM, Inc. (NASDAQ:QCOM)

Related Posts:

Global 802.11ac Wi-Fi Chipsets Market Insights 2019-2026: Broadcom Corporation, Celeno …

Related Posts:

FNY Investment Advisers LLC Takes $51000 Position in Broadcom Inc (NASDAQ:AVGO)

Related Posts: