Amundi 13F: Adds $855M to Broadcom (AVGO) Stake

Amundi Grows Position in Broadcom Inc.

Amundi increased its investment in Broadcom Inc. AVGO during the reporting period, lifting its position by 9.6%. A Form 13F filing with the Securities and Exchange Commission shows the institutional investor added 2,277,256 shares to its portfolio.

Details of the Broadcom Inc. Stake Change

Prior to this update, Amundi held 23,787,630 shares of the semiconductor and software provider. The acquisition of 2,277,256 additional shares brought its ending count to 26,064,886 shares. Based on reporting parameters, the value of this large holding reached approximately $9.79 billion. Note that 13F filings are backward-looking and capture holdings at the close of the quarter, meaning they might not reflect the investor's exact current position today.

Broadcom Inc. Stock Valuation Levels

Broadcom shares recently changed hands around $375.61 on Friday. The technology firm's stock trades close to its 50-day moving average of $367.56 and its 200-day moving average of $368.29. The company has a forward P/E ratio of 17.75, giving market watchers a look at its expected earnings power relative to its share price.

Insider Buying and Selling at Broadcom Inc.

Company insider Henry Samueli executed several transactions over the summer. On June 17, 2026, Samueli purchased 1,602 shares and also sold 1,602 shares. The following day on June 18, 2026, he bought 1,890 shares and sold 1,890 shares. Later in the month, Samueli reported the disposal of 333,401 shares on June 24, 2026. Insider sales do not automatically signal a negative outlook and often map to personal financial planning or pre-arranged schedules.

Wall Street Analyst Coverage and Price Targets

Analyst firms adjusted their outlooks on the semiconductor giant in September 2026. On September 10, 2026, Piper Sandler initiated coverage with an Overweight rating and a $460.00 price target. Citigroup maintained a Buy rating on September 4, 2026, lifting its target to $515.00 from $500.00, while DA Davidson maintained a Neutral rating with a target cut to $350.00. Macquarie upgraded the stock to an Outperform rating with a $490.00 target on September 3, 2026. On that same day, Raymond James maintained an Outperform rating with a $475.00 target, Evercore ISI Group kept an Outperform rating with a $578.00 target, TD Cowen maintained a Buy rating with a $475.00 target, and Truist Securities maintained a Buy rating with a $520.00 target. The broader analyst community leans positive with a consensus recommendation of strong buy and a mean target price of $527.59 across 47 opinions.

Overview of Broadcom Inc.

Headquartered in Palo Alto, California, Broadcom Inc. designs and supplies a broad array of semiconductor devices and infrastructure software solutions globally. Its product lineup covers networking connectivity, broadband access, enterprise cloud software, and cybersecurity applications. Institutional positions like Amundi's underscore the scale of capital allocated to the firm's dual semiconductor and software strategy.

What to Watch Next for Broadcom Inc.

Investors tracking Broadcom will look toward upcoming SEC disclosures and the next scheduled earnings release on December 9, 2026, for further updates on financial performance. Because quarterly institutional filings look back at historical holdings, market observers should check future reports to see if Amundi and other major funds maintain or adjust their stakes.