E. Ohman J:or Asset Management 13F: Cuts AVGO Stake by $20M

E. Ohman J:or Asset Management reduced its holdings in Broadcom Inc. (AVGO) by 11.2% during the quarter, according to a Form 13F filed with the SEC on October 22, 2026. The institutional investor sold 56,226 shares, ending the period with 446,562 shares worth about $156,828,109.

AVGO Broadcom Inc.

$337.80 ▼ -2.29% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in E. Ohman J:or Asset Management's Broadcom Position

The fund trimmed its exposure to the semiconductor maker after previously holding 502,788 shares. Even after the reduction, the remaining stake represents a nine-figure investment in the Palo Alto-based technology firm.

Other Institutional Activity in Broadcom

Other fund managers adjusted their positions in the chip designer around the same reporting period. Investment House grew its holdings by 15,376 shares, ending with 24,504 shares worth about $8,605,560. SBI Securities lifted its stake by 10.1% to hold 70,067 shares valued at $24,606,830 after adding 6,443 shares. Wealthcare Advisory Partners grew its position by 21.7%, adding 10,859 shares to finish with 60,952 shares worth approximately $21,405,808.

Broadcom Inc. Stock Down 1.1%

Broadcom shares recently traded around $330.65 as of October 22, 2026, sitting up about 2.1% since the filing close of $323.90. The stock has traded between a 52-week low of $289.96 and a high of $495.00 over the past year.

Recent Earnings

Broadcom reported trailing twelve-month revenue of $89.1 billion alongside earnings of $7.83 per share. The business posted a net profit margin of 42.9% and a return on equity of 44.2%. Its next quarterly earnings release is scheduled for December 9, 2026.

Dividend

Broadcom pays an annual dividend rate of $2.60 per share, translating to a dividend yield of 0.77%. The company maintains a dividend payout ratio of 32.4%.

Insider Buying and Selling at Broadcom Inc.

Company insiders completed several open market transactions in the months leading up to the filing. Director Justine F. Page sold 1,602 shares on June 29, 2026, at an average price of $373.86 for a total value of $598,916. Director Gayla J. Delly sold 1,890 shares on July 8, 2026, at $385.38 per share, totaling $728,368. Officer Mark David Brazeal completed two sales, parting with 25,000 shares on July 8 at $379.19 apiece for $9,479,700, and another 25,000 shares on July 10 at $401.33 each for a total of $10,033,225.

Analysts Set New Price Targets

Wall Street firms updated their views on Broadcom ahead of the filing period. Macquarie upgraded the stock to an outperform rating with a $490.00 price target on September 3, 2026. Citigroup maintained a buy rating and raised its target from $500.00 to $515.00 on September 4, 2026. DA Davidson maintained a neutral rating while lowering its price target from $400.00 to $350.00 on September 4, 2026. Piper Sandler initiated coverage with an overweight rating and a $460.00 target on September 10, 2026. Later, Tigress Financial initiated coverage with a buy rating and a $600.00 target on October 22, 2026. Analysts maintain a consensus strong buy rating on the stock with a mean price target of $527.59.

About Broadcom Inc.

Broadcom Inc. builds semiconductor devices and infrastructure software solutions used across international markets. The company splits its operations into semiconductor solutions and infrastructure software segments, supporting modern data infrastructure and communication networks.

Bottom Line

Investors will look ahead to Broadcom's next earnings report on December 9, 2026, to gauge ongoing revenue growth and profitability trends across its core business segments.