Broadcom Inc. $AVGO Shares Sold by Cambria Investment Management L.P.

Cambria Investment Management L.P. lowered its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 23.4% during the 3rd quarter, Holdings Channel reports. The fund owned 12,527 shares of the semiconductor manufacturer’s stock after selling 3,817 shares during the period. Cambria Investment Management L.P.’s holdings in Broadcom were worth $4,133,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the business. Capital Counsel LLC NY purchased a new position in shares of Broadcom during the 2nd quarter valued at $221,000. Waterloo Capital L.P. raised its holdings in shares of Broadcom by 7.0% during the second quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer’s stock worth $13,331,000 after acquiring an additional 3,180 shares in the last quarter. Providence First Trust Co boosted its position in Broadcom by 1,099.3% during the third quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer’s stock valued at $2,944,000 after purchasing an additional 8,179 shares during the last quarter. Aspen Wealth Strategies LLC grew its stake in Broadcom by 174.7% in the second quarter. Aspen Wealth Strategies LLC now owns 23,673 shares of the semiconductor manufacturer’s stock valued at $6,525,000 after purchasing an additional 15,055 shares in the last quarter. Finally, RiverFront Investment Group LLC increased its position in Broadcom by 107.6% in the 2nd quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer’s stock worth $4,555,000 after purchasing an additional 8,566 shares during the last quarter. Institutional investors own 76.43% of the company’s stock.

Insider Activity

In other Broadcom news, CFO Kirsten M. Spears sold 30,000 shares of the company’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the sale, the chief financial officer directly owned 277,237 shares of the company’s stock, valued at approximately $96,428,573.34. This represents a 9.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Henry Samueli sold 320,316 shares of Broadcom stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $400.53, for a total transaction of $128,296,167.48. Following the completion of the transaction, the director owned 37,326,540 shares of the company’s stock, valued at $14,950,399,066.20. This trade represents a 0.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 779,101 shares of company stock valued at $283,804,325 in the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. TD Cowen reissued a “buy” rating on shares of Broadcom in a research note on Friday, December 12th. Robert W. Baird set a $420.00 target price on shares of Broadcom in a research note on Friday, December 12th. Weiss Ratings restated a “buy (b)” rating on shares of Broadcom in a research note on Monday, December 29th. Wolfe Research upgraded shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price target on the stock in a report on Friday, January 30th. Finally, Truist Financial upped their price objective on shares of Broadcom from $500.00 to $510.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $432.13.

Broadcom Stock Performance

NASDAQ AVGO opened at $317.53 on Thursday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. The firm has a market capitalization of $1.51 trillion, a price-to-earnings ratio of 66.71, a P/E/G ratio of 1.00 and a beta of 1.22. The company’s fifty day moving average is $334.52 and its two-hundred day moving average is $342.68. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.02. The business had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.Broadcom’s quarterly revenue was up 29.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.60 earnings per share. Equities research analysts forecast that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $2.60 annualized dividend and a yield of 0.8%. This is an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s payout ratio is 54.62%.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 results beat estimates — Broadcom reported non-GAAP EPS of $2.05 and revenue of $19.31B (up ~29% YoY), beating consensus and showing strong margin and cash-generation metrics; this underpins today’s upside reaction. Broadcom Q1 Results & Guidance Press Release
• Positive Sentiment: Second-quarter revenue guide topped expectations — management guided Q2 revenue around $22.0B versus ~ $20.4B consensus, signaling continued demand for data-center and AI-related products. Reuters: Broadcom forecasts Q2 revenue above estimates
• Positive Sentiment: AI revenue surge and capital return boost — Broadcom said AI-related revenue more than doubled and unveiled a new $10B share repurchase program plus a $0.65 quarterly dividend, both supportive of EPS and buyback-driven shareholder returns. FXEmpire: Broadcom jumps after hours on earnings beat, AI outlook
• Neutral Sentiment: Analyst coverage and price-target dispersion — Wall Street remains largely constructive (multiple buy/outperform ratings and a median ~ $450 target), which supports medium-term upside, though targets vary. Quiver: Analyst ratings, targets and institutional flows
• Neutral Sentiment: Macro/market backdrop is supportive — broader markets moved higher as geopolitical risk fears eased today, which helped sentiment into earnings season. Zacks: Markets close higher as Iran fears abate
• Negative Sentiment: Insider selling and CEO pay scrutiny — filings and reporting show large insider sales and a reported CEO pay package that has drawn attention; such governance headlines can weigh on sentiment for some investors. Quiver: CEO 2025 pay revealed
• Negative Sentiment: Valuation and recent price weakness — AVGO entered the quarter trading below its highs and some outlets/analysts have flagged valuation and momentum concerns despite the beat, leaving upside contingent on sustained AI demand. AmericanBankingNews: RBC issues pessimistic forecast

About Broadcom

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.