Broadcom Inc. $AVGO Stock Holdings Lifted by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. boosted its holdings in Broadcom Inc. (NASDAQ:AVGO) by 3.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 371,946 shares of the semiconductor manufacturer’s stock after acquiring an additional 10,878 shares during the quarter. Broadcom comprises approximately 1.8% of Crossmark Global Holdings Inc.’s portfolio, making the stock its 4th biggest holding. Crossmark Global Holdings Inc.’s holdings in Broadcom were worth $122,709,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of AVGO. Brighton Jones LLC raised its holdings in Broadcom by 21.8% in the fourth quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock valued at $6,882,000 after buying an additional 5,322 shares during the period. Revolve Wealth Partners LLC grew its stake in Broadcom by 10.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock worth $1,854,000 after purchasing an additional 756 shares in the last quarter. United Bank increased its holdings in shares of Broadcom by 76.5% in the 1st quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock valued at $392,000 after acquiring an additional 1,014 shares during the last quarter. Sivia Capital Partners LLC increased its stake in Broadcom by 10.1% during the second quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer’s stock valued at $3,499,000 after purchasing an additional 1,160 shares during the last quarter. Finally, Capital & Planning LLC raised its stake in Broadcom by 10.5% during the second quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer’s stock worth $1,098,000 after acquiring an additional 378 shares during the period. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. DA Davidson upgraded shares of Broadcom to a “hold” rating in a research report on Friday, February 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Broadcom in a report on Monday, December 29th. Mizuho set a $480.00 target price on shares of Broadcom and gave the stock an “outperform” rating in a research report on Friday, January 9th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $475.00 price objective (up from $400.00) on shares of Broadcom in a research note on Friday, December 12th. Finally, UBS Group set a $475.00 price target on Broadcom and gave the stock a “buy” rating in a research note on Monday, December 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $432.13.

Insider Buying and Selling

In related news, CEO Hock E. Tan sold 130,000 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $326.02, for a total value of $42,382,600.00. Following the sale, the chief executive officer directly owned 595,638 shares in the company, valued at $194,189,900.76. This trade represents a 17.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Henry Samueli sold 320,316 shares of Broadcom stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $400.53, for a total value of $128,296,167.48. Following the transaction, the director owned 37,326,540 shares in the company, valued at approximately $14,950,399,066.20. This represents a 0.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 779,101 shares of company stock worth $283,804,325 in the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

Trending Headlines about Broadcom

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

Broadcom Stock Performance

NASDAQ:AVGO opened at $317.53 on Thursday. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $1.51 trillion, a P/E ratio of 66.71, a price-to-earnings-growth ratio of 1.00 and a beta of 1.22. The firm has a 50 day moving average of $334.52 and a 200-day moving average of $342.68. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.02. The business had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. Broadcom’s revenue for the quarter was up 29.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.60 earnings per share. As a group, sell-side analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a $0.65 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 annualized dividend and a yield of 0.8%. Broadcom’s payout ratio is currently 54.62%.

Broadcom Company Profile

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.