Tcfg Wealth Management LLC Buys 7,834 Shares of Broadcom Inc. $AVGO

Tcfg Wealth Management LLC raised its stake in Broadcom Inc. (NASDAQ:AVGO) by 135.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,628 shares of the semiconductor manufacturer’s stock after acquiring an additional 7,834 shares during the period. Tcfg Wealth Management LLC’s holdings in Broadcom were worth $4,496,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. JCIC Asset Management Inc. acquired a new stake in Broadcom during the third quarter worth about $31,000. Longfellow Investment Management Co. LLC acquired a new position in shares of Broadcom in the 2nd quarter valued at approximately $27,000. Teachers Insurance & Annuity Association of America bought a new stake in shares of Broadcom during the 2nd quarter worth approximately $28,000. Manning & Napier Advisors LLC bought a new stake in shares of Broadcom during the 3rd quarter worth approximately $34,000. Finally, New England Capital Financial Advisors LLC acquired a new stake in shares of Broadcom during the 2nd quarter worth approximately $31,000. 76.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO Kirsten M. Spears sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total value of $10,434,600.00. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Mark David Brazeal sold 30,000 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the sale, the insider directly owned 210,573 shares of the company’s stock, valued at $73,094,099.76. This represents a 12.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 385,921 shares of company stock valued at $131,232,806 in the last ninety days. Insiders own 1.90% of the company’s stock.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Meta publicly confirmed its MTIA custom‑chip partnership with Broadcom and announced four MTIA chips—validating Broadcom’s role as a strategic supplier for Meta’s AI inference roadmap, which supports durable AI demand for AVGO. META Unviels Four Custom Chips
• Positive Sentiment: Product announcements at OFC (400G optical DSP, 102.4T switches, 3.5D XPU) reinforce Broadcom’s networking and optical push into AI data centers—strengthening the company’s TAM exposure to hyperscale AI buildouts. AVGO Boosts AI Growth With New Optical, Ethernet Tech
• Positive Sentiment: Analyst optimism and price‑target upgrades continued (multiple hikes reported), and Rosenblatt reiterated a Buy with an aggressive AI revenue bull case—supporting upside to estimates and investor sentiment. Broadcom Stock Sees Five Price Target Hikes
• Positive Sentiment: Recent earnings showed record revenue and very strong AI semiconductor growth; management commentary about customers building multiple custom chips per year and active buyback activity are constructive for cash returns and long‑term growth visibility. All Systems Are Go For AVGO
• Neutral Sentiment: Several members of Congress disclosed purchases of AVGO recently—an informational data point that can indicate institutional interest but is delayed and not a direct trading signal. Members of Congress Bought These 5 Stocks
• Neutral Sentiment: Reported short‑interest data in the feed looks erroneous (zeros/NaN); no actionable short squeeze signal from the published figures. (Likely a data glitch.)
• Negative Sentiment: Meta’s announcement did not include a GenAI training chip (Olympus), reinforcing reports that training‑chip timelines may be pushed out—this could delay a sizable near‑term training revenue stream for Broadcom. META Unviels Four Custom Chips: Good and Bad News for AVGO Stock
• Negative Sentiment: Some analysts and pieces are challenging the current valuation and issuing caution/downgrade views—raising questions about how to price Broadcom’s rapid rerating and whether multiple years of AI growth are fully priced. Broadcom: Why This AI Winner Deserves A Rethink (Rating Downgrade)

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Susquehanna restated a “positive” rating and set a $450.00 price objective (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. Bank of America reduced their target price on Broadcom from $500.00 to $450.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Wolfe Research raised Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price target for the company in a report on Friday, January 30th. Wells Fargo & Company upgraded Broadcom from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $410.00 to $430.00 in a research report on Thursday, January 15th. Finally, Citigroup raised their price objective on Broadcom from $458.00 to $475.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $435.30.

Broadcom Stock Performance

NASDAQ AVGO opened at $321.31 on Wednesday. The company has a market capitalization 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 quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. The stock has a fifty day simple moving average of $331.91 and a 200 day simple moving average of $345.27.

Broadcom (NASDAQ:AVGO) last announced its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping the consensus estimate of $2.03 by $0.02. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The firm had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $19.10 billion. During the same period in the previous year, the business earned $1.60 EPS. The business’s quarterly revenue was up 29.5% compared to the same quarter last year. 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. Investors of record on Monday, March 23rd will be paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, March 23rd. Broadcom’s payout ratio is currently 50.78%.

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.