Mackenzie Financial Corp Has $850.27 Million Stock Position in Broadcom Inc. $AVGO

Mackenzie Financial Corp raised its position in Broadcom Inc. (NASDAQ:AVGO) by 9.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,577,275 shares of the semiconductor manufacturer’s stock after purchasing an additional 225,481 shares during the quarter. Broadcom makes up approximately 1.0% of Mackenzie Financial Corp’s holdings, making the stock its 20th biggest position. Mackenzie Financial Corp owned about 0.05% of Broadcom worth $850,269,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of AVGO. Arthur M. Cohen & Associates LLC grew its stake in shares of Broadcom by 0.6% in the 3rd quarter. Arthur M. Cohen & Associates LLC now owns 4,781 shares of the semiconductor manufacturer’s stock valued at $1,577,000 after buying an additional 30 shares in the last quarter. Jackson Hole Capital Partners LLC increased its holdings in Broadcom by 1.4% in the third quarter. Jackson Hole Capital Partners LLC now owns 2,170 shares of the semiconductor manufacturer’s stock worth $716,000 after buying an additional 30 shares during the last quarter. Private Wealth Partners LLC raised its position in Broadcom by 0.7% during the third quarter. Private Wealth Partners LLC now owns 4,273 shares of the semiconductor manufacturer’s stock valued at $1,410,000 after acquiring an additional 30 shares in the last quarter. Planning Alternatives Ltd. ADV raised its position in Broadcom by 1.4% during the third quarter. Planning Alternatives Ltd. ADV now owns 2,168 shares of the semiconductor manufacturer’s stock valued at $715,000 after acquiring an additional 30 shares in the last quarter. Finally, McHugh Group LLC lifted its stake in Broadcom by 0.4% in the third quarter. McHugh Group LLC now owns 8,433 shares of the semiconductor manufacturer’s stock valued at $2,782,000 after acquiring an additional 31 shares during the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Broadcom

In other news, insider Mark David Brazeal sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $347.12, for a total value of $10,413,600.00. Following the sale, the insider directly owned 210,573 shares of the company’s stock, valued at approximately $73,094,099.76. This trade represents a 12.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Charlie B. Kawwas sold 1,928 shares of Broadcom stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $327.80, for a total value of $631,998.40. Following the completion of the transaction, the insider owned 23,582 shares in the company, valued at $7,730,179.60. The trade was a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 458,785 shares of company stock valued at $155,508,157. 1.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

AVGO has been the subject of several recent research reports. Bank of America decreased their target price on shares of Broadcom from $500.00 to $450.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft set a $430.00 price target on shares of Broadcom and gave the company a “buy” rating in a report on Friday, December 12th. Morgan Stanley lifted their price objective on shares of Broadcom from $462.00 to $470.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Benchmark reiterated a “buy” rating and issued a $485.00 price objective on shares of Broadcom in a report on Thursday, March 5th. Finally, Truist Financial increased their target price on shares of Broadcom from $510.00 to $545.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $435.30.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom said its visibility for 2027 “dramatically improved” and CEO Hock Tan guided to AI chip revenue north of $100 billion in 2027; Q1 beat and above-consensus Q2 revenue guidance reinforced that outlook. Analysts have lifted price targets and MarketBeat highlights upside from the updated forecasts. Broadcom’s Bullish Outlook: AVGO Eyes $100 Billion in AI Revenue
• Positive Sentiment: Seeking Alpha argues Broadcom is a “once-in-a-generation” AI infrastructure opportunity, reinforcing bullish investor narratives around durable competitive advantage in custom silicon. Broadcom: A Once In A Generation Opportunity That Won’t Last
• Positive Sentiment: Several analysts have raised price targets (one noted raise to $470), and MarketBeat’s consensus targets moved higher after the earnings, signaling sustained buy-side conviction. Broadcom Price Target Raised to $470.00
• Neutral Sentiment: Marvell’s strong earnings and upgraded guidance reinforce demand for custom AI silicon across hyperscalers — a sector tailwind that validates Broadcom’s TAM but also draws investor capital to faster-rising peers. This helps explain rotation into smaller, higher-momentum chip names. Marvell’s Big Earnings Win Could Be the Start of Something Bigger
• Neutral Sentiment: Banking/analyst screens (Zacks, Citi roundups) continue to list Broadcom among top AI/semiconductor picks — supportive longer-term but less likely to move the stock intraday. Broadcom Inc. (AVGO) is a Top-Ranked Growth Stock
• Neutral Sentiment: Reported spikes in short-interest data appear to be reporting anomalies (zeros/NaN); no clear short-squeeze dynamics are evident from the filings cited — so minimal direct impact. (data entries)
• Negative Sentiment: Macro/headline risk — commentary that very high oil prices could still dent market sentiment has been flagged as a potential drag on cyclical tech stocks, creating near-term downside risk even if Broadcom’s fundamentals remain intact. $150 Oil Won’t Hurt Broadcom’s Business, But It Could Still Hurt the Stock
• Negative Sentiment: Margin risk remains a watch item: memory/storage price inflation could pressure system-level gross margins even as Broadcom attempts to offset dilution via pricing power with large AI customers — the margin story bears monitoring for 2H/2026. Memory Price Hikes Could Pressure Margins

Broadcom Trading Down 0.9%

NASDAQ:AVGO opened at $342.58 on Wednesday. The company’s 50 day moving average is $333.53 and its 200-day moving average is $344.23. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $414.61. The firm has a market cap of $1.62 trillion, a price-to-earnings ratio of 66.91, a P/E/G ratio of 0.79 and a beta of 1.22.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.02. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The business had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same period in the prior year, the firm earned $1.60 EPS. Broadcom’s quarterly revenue was up 29.5% compared to the same quarter last year. Equities analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Monday, March 23rd. Broadcom’s dividend payout ratio is 50.78%.

Broadcom 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.