Livforsakringsbolaget Skandia, Omsesidigt 13F: Cuts AVGO Stake by $2.3M

Livforsakringsbolaget Skandia reduced its holdings in Broadcom Inc. AVGO by 6,660 shares, according to a Form 13F filing with the SEC on October 21, 2026.

AVGO Broadcom Inc.

$337.80 ▼ -2.29% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Livforsakringsbolaget Skandia's Broadcom Inc. Position

The firm trimmed its position by 2.3% during the reported period. That left Livforsakringsbolaget Skandia with 280,978 shares of Broadcom Inc., down from its previous total of 287,638 shares. The remaining stake carried a reported value of $98,676,664 at the time of the filing.

Other Institutional Activity in Broadcom Inc.

Other major investors have been actively shifting their positions in Broadcom Inc. as well. Sumitomo Mitsui DS Asset Management Company grew its holdings by 20,893 shares, ending with 777,092 shares worth about $272.9 million. James Hambro & Partners lifted its stake by 7,523 shares to a total of 261,554 shares valued at roughly $91.8 million. PineStone Asset Management built a new position of 361,120 shares worth about $126.8 million. B. Riley Wealth Advisors grew its holdings by 16,191 shares, or 28.2%, to 736,560 shares valued at $25.8 million. Meanwhile, Montrusco Bolton Investments reduced its stake by 168,775 shares, or 26.5%, ending with 468,632 shares worth roughly $164.6 million.

Broadcom Inc. Stock Down 1.1%

Broadcom Inc. shares recently traded around $337.68 as of October 22, 2026, close to the $337.80 closing price recorded on the filing date. The stock has faced pressure recently, trading about 6.3% below its 50-day moving average of $360.54 and 8.2% below its 200-day moving average of $368.04. The recent price sits well below the 52-week high of $495.00, though it remains about 16.5% above its 52-week low of $289.96. Analysts tracked by the company maintain a consensus strong buy rating with a mean price target of $527.59.

Recent Earnings

Broadcom Inc. reported trailing-twelve-month revenue of $89.1 billion alongside earnings of $7.83 per share. The company posted a net profit margin of 42.9% and a return on equity of 44.2% with year-over-year revenue growth of 85.5%. Its next quarterly earnings report is scheduled for December 9, 2026.

Dividend

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

Insider Buying and Selling at Broadcom Inc.

Company insiders have executed several transactions in recent months. 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. Officer Mark David Brazeal sold 25,000 shares on July 8, 2026, at $379.19 per share, totaling $9.5 million. Director Gayla J. Delly sold 1,890 shares on July 8, 2026, at $385.38 per share for a total of $728,368. Later, on July 10, 2026, Mark David Brazeal sold another 25,000 shares at $401.33 per share, amounting to $10.0 million.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the semiconductor maker ahead of its upcoming reports. Macquarie upgraded the stock to an outperform rating with a $490.00 price target on September 3, 2026. Raymond James maintained an outperform rating while raising its price target to $475.00 on the same day. Citigroup kept a buy rating and lifted its target to $515.00 on September 4, 2026. DA Davidson maintained a neutral rating while lowering its price target to $350.00 on September 4, 2026. Piper Sandler initiated coverage with an overweight rating and a $460.00 price target on September 10, 2026.

About Broadcom Inc.

Broadcom Inc. designs, develops, and supplies a broad range of semiconductor devices and infrastructure software solutions globally. The company operates through two primary divisions focused on semiconductor solutions and enterprise infrastructure software, serving customers worldwide in data center, networking, and storage markets.

Bottom Line

Livforsakringsbolaget Skandia's decision to trim its position reflects minor portfolio adjustments during a period when Broadcom shares have traded below key moving averages. Investors will look toward the company's next earnings report on December 9, 2026, for further updates on financial performance and demand across its semiconductor and software segments.