Dorsey Wright & Associates Acquires 6,410 Shares of Broadcom Inc. $AVGO

Dorsey Wright & Associates raised its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 22.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,152 shares of the semiconductor manufacturer’s stock after buying an additional 6,410 shares during the period. Broadcom accounts for approximately 2.6% of Dorsey Wright & Associates’ portfolio, making the stock its 7th biggest holding. Dorsey Wright & Associates’ holdings in Broadcom were worth $11,597,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Brighton Jones LLC lifted its holdings in Broadcom by 21.8% in the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock worth $6,882,000 after purchasing an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in Broadcom by 10.4% during 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 during the period. United Bank grew its holdings in Broadcom by 76.5% during the first quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock valued at $392,000 after purchasing an additional 1,014 shares during the last quarter. Sivia Capital Partners LLC grew its holdings 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 position in shares of Broadcom by 10.5% in the second quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer’s stock valued at $1,098,000 after purchasing an additional 378 shares during the period. Institutional investors own 76.43% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AVGO. Zacks Research cut shares of Broadcom from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of Broadcom in a research note on Monday, December 29th. TD Cowen reiterated a “buy” rating on shares of Broadcom in a report on Friday, December 12th. Susquehanna reissued a “positive” rating and set a $450.00 target price (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. Finally, 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. One investment 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $435.30.

Broadcom Trading Down 1.1%

Shares of Broadcom stock opened at $321.31 on Wednesday. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61. The company’s fifty day simple moving average is $331.91 and its 200-day simple moving average is $345.27. The company has a market cap of $1.52 trillion, a price-to-earnings ratio of 62.76, a PEG ratio of 0.70 and a beta of 1.22. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80.

Broadcom (NASDAQ:AVGO) last released its 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. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The firm had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $19.10 billion. During the same period in the prior year, the company earned $1.60 EPS. The business’s quarterly revenue was up 29.5% compared to the same quarter last year. As a group, sell-side analysts expect that Broadcom Inc. will post 5.38 EPS for the current 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 given a dividend of $0.65 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s dividend payout ratio is currently 50.78%.

Insider Activity at Broadcom

In related news, insider Mark David Brazeal sold 30,000 shares of the business’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the transaction, the insider directly owned 210,573 shares in the company, valued at $73,094,099.76. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Kirsten M. Spears sold 30,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 277,237 shares of the company’s stock, valued at approximately $96,428,573.34. This trade represents a 9.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 385,921 shares of company stock worth $131,232,806 over the last ninety days. Corporate insiders own 1.90% of the company’s stock.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Meta publicly confirms the MTIA partnership with Broadcom, validating Broadcom’s role as a supplier for Meta’s custom inference chips and supporting recurring design wins and long‑term inference demand. This reinforces Broadcom’s AI revenue narrative. META MTIA blog
• Positive Sentiment: Product roadmap and standards progress: Broadcom unveiled new 400G optical DSP, 102.4T switches and 3.5D XPU at OFC and is active in forming the 400G Optical MSA and the Optical Compute Interconnect consortium — moves that cement its position in AI datacenter networking and could support higher ASPs and share gains. Zacks: AVGO boosts AI growth Yahoo: Broadcom AI alliances
• Positive Sentiment: Analyst momentum and targets: multiple price‑target hikes and buy reiterations (including Rosenblatt raising its target and retaining Buy) are boosting the bullish case on AVGO’s AI growth potential. Analyst optimism can support near‑term demand from institutional buyers. InsiderMonkey: Rosenblatt lifts PT Blockonomi: five PT hikes
• Positive Sentiment: Buyback and capital return commentary: coverage notes Broadcom is stepping up buybacks — a supportive corporate action for EPS and shareholder returns that can underpin valuation during choppy trading. MarketBeat: buyback report
• Neutral Sentiment: Congressional purchases: multiple members disclosed buys of AVGO over the past 90 days — a signal that can attract attention but is lagged (45‑day disclosures) and not a definitive trading signal.
• Neutral Sentiment: Sector ripple effects: Broadcom’s earnings commentary helped lift specialty networking names (Credo, Astera), underscoring demand for datacenter connectivity, though these moves reflect ecosystem dynamics rather than direct AVGO revenue this quarter. MarketBeat: Credo/Astera
• Neutral Sentiment: Short interest data reported for March is inconsistent/garbled in the release and does not provide a clear signal on bearish positioning today.
• Negative Sentiment: Meta’s announcement omitted a GenAI training (Olympus) chip — reinforcing reports that Meta has slowed its training‑chip roadmap. That could delay a potential training‑chip revenue stream for Broadcom and push monetization further out. META MTIA blog
• Negative Sentiment: Contrarian views and downgrades: some commentary (e.g., a Seeking Alpha rethink/downgrade piece) highlights valuation, execution risk and investor sentiment as reasons to be cautious — such coverage can pressure the stock amid choppy trading. Seeking Alpha: rethink/downgrade

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.