Broadcom Inc. $AVGO is Swiss Life Asset Management Ltd’s 7th Largest Position

Swiss Life Asset Management Ltd raised its position in Broadcom Inc. (NASDAQ:AVGO) by 2.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,427,112 shares of the semiconductor manufacturer’s stock after purchasing an additional 36,387 shares during the quarter. Broadcom makes up approximately 2.5% of Swiss Life Asset Management Ltd’s holdings, making the stock its 7th biggest position. Swiss Life Asset Management Ltd’s holdings in Broadcom were worth $470,819,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. JCIC Asset Management Inc. bought a new stake in shares of Broadcom during the 3rd quarter worth $31,000. Longfellow Investment Management Co. LLC bought a new position in Broadcom in the second quarter worth $27,000. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Broadcom during the 2nd quarter valued at about $28,000. Manning & Napier Advisors LLC acquired a new stake in Broadcom during the third quarter valued at approximately $34,000. Finally, Navigoe LLC grew its position in Broadcom by 515.0% in the third quarter. Navigoe LLC now owns 123 shares of the semiconductor manufacturer’s stock valued at $40,000 after acquiring an additional 103 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Broadcom Price Performance

Broadcom stock opened at $320.40 on Friday. The company has a market capitalization of $1.52 trillion, a price-to-earnings ratio of 62.58, a PEG ratio of 0.68 and a beta of 1.22. The stock’s 50 day moving average is $331.12 and its 200-day moving average is $344.89. 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 Inc. has a 12 month low of $138.10 and a 12 month high of $414.61.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share 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 analysts’ expectations of $19.10 billion. During the same quarter last year, the business earned $1.60 EPS. The company’s quarterly revenue was up 29.5% compared to the same quarter last year. Equities research 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. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.60 annualized dividend and a yield of 0.8%. Broadcom’s dividend payout ratio is presently 50.78%.

Wall Street Analysts Forecast Growth

AVGO has been the topic of a number of recent analyst reports. Rosenblatt Securities boosted their price objective on Broadcom from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Sanford C. Bernstein reissued an “outperform” rating and issued a $475.00 price target (up from $400.00) on shares of Broadcom in a research note on Friday, December 12th. Zacks Research lowered shares of Broadcom from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Benchmark restated a “buy” rating and issued a $485.00 price target on shares of Broadcom in a report on Thursday, March 5th. Finally, Wall Street Zen raised shares of Broadcom from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Broadcom currently has a consensus rating of “Moderate Buy” and a consensus price target of $435.30.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 strength and upbeat guide — Broadcom reported 29% y/y revenue growth driven by surging AI semiconductor sales and guided for even faster top‑line growth in Q2 as hyperscalers ramp capacity, supporting the growth narrative. Broadcom Stock: Buy, Sell, or Hold?
• Positive Sentiment: Commercialization milestones — Broadcom began production‑volume shipping of the Tomahawk‑6 102.4 Tbps switch (and other 400G optical/AI networking products), which underpins near‑term revenue upside in AI networking. Broadcom Commences Production Volume Shipping of World’s First 102.4 Tbps Switch
• Positive Sentiment: Security product win — Broadcom announced shipping an end‑to‑end post‑quantum (PQC)‑safe, in‑flight network encryption solution (Emulex SecureHBA), a potential differentiator for enterprise customers with compliance/security needs. Broadcom Just Shipped the World’s First Quantum‑Safe Network Encryption
• Positive Sentiment: Hyperscaler validation — Meta publicly confirmed Broadcom as a custom‑chip partner for its MTIA inference roadmap, validating a major recurring customer for inference accelerators. Why Meta’s AI Chip Announcement Has Broadcom Investors Paying Attention
• Neutral Sentiment: Analyst/valuation debate — Some firms have nudged up fair‑value or price targets on AVGO citing AI momentum, while others flag valuation and customer concentration risks; expect two‑sided flows. How The Broadcom (AVGO) Investment Story Is Shifting
• Neutral Sentiment: Institutional/insider activity & congressional interest — Hedge funds and multiple members of Congress have recent disclosed activity in AVGO, which provides directional signals but not immediate fundamental change. Hedge Fund and Insider Trading News
• Negative Sentiment: Clustered insider selling — Several senior executives (including the CFO and other officers) sold sizable blocks on Mar 16–17, reducing holdings materially; clustered sales are pressuring sentiment and creating near‑term downside risk. Kirsten M. Spears Form 4 (SEC)
• Negative Sentiment: Regulatory/contract friction — A European cloud‑industry group urged EU regulators to seek an interim measure over Broadcom’s planned changes to VMware’s CSP program, adding antitrust/regulatory uncertainty. Cloud industry group calls for EU interim measure against Broadcom
• Negative Sentiment: Meta omission of a training chip — Meta’s public MTIA roadmap didn’t include a GenAI training (Olympus) chip, which tempers the upside from the higher‑value training segment and may delay certain revenue streams. Why Meta’s AI Chip Announcement Has Broadcom Investors Paying Attention

Insider Activity at Broadcom

In other news, insider S. Ram Velaga sold 38,841 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $12,491,265.60. Following the sale, the insider directly owned 96,147 shares in the company, valued at approximately $30,920,875.20. The trade was a 28.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Charlie B. Kawwas sold 39,116 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.61, for a total value of $12,580,096.76. Following the completion of the sale, the insider owned 74,626 shares of the company’s stock, valued at $24,000,467.86. The trade was a 34.39% 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 528,970 shares of company stock worth $177,150,321 over the last 90 days. 1.90% of the stock is currently owned by company insiders.

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.