Broadcom Inc. $AVGO Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 5.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 51,028 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,472 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Broadcom were worth $17,661,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Miller Global Investments LLC acquired a new stake in Broadcom in the fourth quarter valued at approximately $31,000. JCIC Asset Management Inc. acquired a new position in Broadcom during the 3rd quarter worth approximately $31,000. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Broadcom in the 2nd quarter valued at approximately $28,000. Manning & Napier Advisors LLC purchased a new stake in shares of Broadcom in the 3rd quarter valued at approximately $34,000. Finally, Navigoe LLC raised its holdings in shares of Broadcom by 515.0% in the 3rd quarter. Navigoe LLC now owns 123 shares of the semiconductor manufacturer’s stock valued at $40,000 after purchasing an additional 103 shares in the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Insider Transactions at Broadcom

In other news, insider Charlie B. Kawwas sold 39,116 shares of the company’s stock in a transaction dated 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 directly owned 74,626 shares of the company’s stock, valued at approximately $24,000,467.86. This represents a 34.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kirsten M. Spears sold 36,292 shares of the stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $11,671,507.20. Following the sale, the chief financial officer owned 327,760 shares of the company’s stock, valued at $105,407,616. This trade represents a 9.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 373,049 shares of company stock worth $123,024,715 over the last 90 days. Company insiders own 1.90% of the company’s stock.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom reported 106% year‑over‑year AI semiconductor revenue growth and secured a five‑year, roughly US$970 million software agreement with the U.S. Department of Defense — news that supports a durable AI revenue runway and defense recurring revenue. Article Title
• Positive Sentiment: Several sell‑side analysts and aggregator pieces now show large upside to AVGO (street consensus highlighted ~61% upside in recent writeups), underpinning the stock’s rally as buy ratings and price targets get refreshed. Article Title
• Positive Sentiment: Analysts and commentators argue Broadcom is carving out a large custom AI‑chip market (contrast vs. Nvidia), supporting a multi‑year growth story from bespoke AI silicon and software integration. Article Title
• Neutral Sentiment: NVIDIA’s NVLink/Fusion ecosystem expansion could reshuffle AI infra partnerships — a potential opportunity for some suppliers but one that brings competitive dynamics and execution risk for Broadcom. Article Title
• Neutral Sentiment: Broadcom is getting heightened investor attention as a high‑ROE, cash‑generative tech play amid geopolitical uncertainty; these narratives support interest but don’t guarantee short‑term moves. Article Title
• Negative Sentiment: Zacks flagged sequential gross‑margin contraction as Broadcom’s AI mix shifts; margin pressure and a high trailing P/E leave earnings sensitivity to product mix and pricing. Article Title

Broadcom Stock Up 5.4%

AVGO opened at $309.32 on Wednesday. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. The stock has a market capitalization of $1.46 trillion, a P/E ratio of 60.41, a price-to-earnings-growth ratio of 0.63 and a beta of 1.22. The business’s 50-day simple moving average is $325.36 and its 200-day simple moving average is $343.92.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter last year, the business posted $1.60 EPS. The firm’s quarterly revenue was up 29.5% compared to the same quarter last year. Analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were issued 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 was Monday, March 23rd. Broadcom’s payout ratio is presently 50.78%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AVGO. Rosenblatt Securities boosted their target price on shares of Broadcom from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $450.00 price target on shares of Broadcom in a report on Monday, January 5th. Wolfe Research upgraded Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price objective on the stock in a report on Friday, January 30th. Benchmark reaffirmed a “buy” rating and issued a $485.00 price target on shares of Broadcom in a report on Thursday, March 5th. Finally, Mizuho set a $480.00 price target on shares of Broadcom and gave the company an “outperform” rating in a research note on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Broadcom presently has an average rating of “Moderate Buy” and a consensus price target of $435.30.

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.