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Citizens Business Bank Boosts Stake in Broadcom Inc. $AVGO
Citizens Business Bank increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 10% in the third quarter of 2025, bringing its total holdings to 63,655 shares worth $21 million, making Broadcom its fourth-largest holding. Broadcom reported strong quarterly earnings, beating analyst expectations, and announced a dividend increase to $0.65 per share. Despite some short-term pressure from sector rotation and insider selling, analysts maintain a “Buy” rating for Broadcom and have raised price targets, citing AI tailwinds and positive product developments.