Broadcom Inc. $AVGO Shares Sold by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC reduced its stake in Broadcom Inc. (NASDAQ:AVGO) by 34.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,445 shares of the semiconductor manufacturer’s stock after selling 4,997 shares during the period. Magnolia Capital Advisors LLC’s holdings in Broadcom were worth $3,116,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Tortoise Investment Management LLC boosted its stake in Broadcom by 4.0% during the third quarter. Tortoise Investment Management LLC now owns 1,627 shares of the semiconductor manufacturer’s stock worth $537,000 after buying an additional 62 shares during the period. Hobbs Group Advisors LLC raised its stake in shares of Broadcom by 4.3% in the 3rd quarter. Hobbs Group Advisors LLC now owns 1,156 shares of the semiconductor manufacturer’s stock valued at $381,000 after acquiring an additional 48 shares during the period. Elevatus Welath Management raised its stake in shares of Broadcom by 6.8% in the 3rd quarter. Elevatus Welath Management now owns 8,391 shares of the semiconductor manufacturer’s stock valued at $2,768,000 after acquiring an additional 535 shares during the period. SevenBridge Financial Group LLC lifted its holdings in shares of Broadcom by 0.3% in the 3rd quarter. SevenBridge Financial Group LLC now owns 14,454 shares of the semiconductor manufacturer’s stock worth $5,134,000 after acquiring an additional 50 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Broadcom by 30.4% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 486,748 shares of the semiconductor manufacturer’s stock worth $160,583,000 after acquiring an additional 113,573 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom announced an industry-first 3nm 400G/lane optical PAM‑4 DSP (Taurus BCM83640) aimed at 1.6T transceivers and next‑gen AI networks — a direct product win into hyperscale AI data centers with meaningful TAM and upside for networking revenue. Broadcom Delivers Industry’s First 400G/lane Optical DSP
• Positive Sentiment: Management boosted forward AI visibility — saying chip-only AI revenue could exceed $100B in 2027 after a strong Q1 beat and raised guidance — supporting higher analyst targets and long‑term growth expectations. Broadcom’s AI momentum could be far from over (MarketBeat)
• Positive Sentiment: Wall Street and independent shops turned more constructive after the quarter — RBC lifted its price target and multiple research notes (Aletheia, Zacks, others) reiterated Buy/momentum views, which buoy medium‑term sentiment. RBC Lifts Broadcom Price Target
• Neutral Sentiment: Ongoing AI conferences and industry coverage (GTC, buy lists) keep Broadcom in focus as an AI infrastructure leader, but these are background catalysts rather than single‑day drivers. AI Titans at GTC 2026 (247WallSt)
• Neutral Sentiment: Short‑interest notices in recent filings contain anomalous zero/NaN figures, so there’s no clear short‑squeeze signal to move the stock based on the published data.
• Negative Sentiment: Margin risk from rising memory prices and system shipments remains a concern — MarketBeat flagged potential gross‑margin pressure unless Broadcom maintains pricing power (e.g., higher charges to large AI customers). This keeps some investors cautious despite strong top‑line AI guidance. Broadcom margin and memory-price discussion (MarketBeat)
• Negative Sentiment: Peer strength (Marvell’s big beat and aggressive guidance) highlights competition in custom silicon and could cap near‑term upside as investors rotate among top AI infrastructure names. Marvell’s big earnings win (MarketBeat)

Broadcom Price Performance

Shares of AVGO opened at $341.57 on Thursday. The company has a market cap of $1.62 trillion, a P/E ratio of 66.71, a PEG ratio of 0.79 and a beta of 1.22. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80. The firm’s 50 day moving average price is $333.44 and its 200 day moving average price is $344.21.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, beating the consensus estimate of $2.03 by $0.02. The company had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The firm’s revenue was up 29.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.60 EPS. On average, research analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, March 23rd. Broadcom’s dividend payout ratio (DPR) is presently 50.78%.

Insider Activity at Broadcom

In other Broadcom news, CEO Hock E. Tan sold 130,000 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $326.02, for a total transaction of $42,382,600.00. Following the sale, the chief executive officer owned 595,638 shares in the company, valued at $194,189,900.76. This represents a 17.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Kirsten M. Spears sold 30,000 shares of the stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total value of $10,434,600.00. Following the completion of the sale, the chief financial officer directly owned 277,237 shares in the company, valued at $96,428,573.34. This represents a 9.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 458,785 shares of company stock worth $155,508,157. Company insiders own 1.90% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on AVGO shares. Royal Bank Of Canada dropped their target price on shares of Broadcom from $370.00 to $340.00 and set a “sector perform” rating for the company in a report on Monday, March 2nd. Susquehanna restated a “positive” rating and set a $450.00 price target (up from $400.00) on shares of Broadcom in a research note on Thursday, December 4th. DA Davidson upgraded Broadcom to a “hold” rating in a research report on Friday, February 13th. JPMorgan Chase & Co. lifted their price objective on Broadcom from $475.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, March 5th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 price objective on shares of Broadcom in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Broadcom presently has a consensus rating of “Moderate Buy” and an average price target of $435.30.

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.