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

Pallas Capital Advisors LLC reduced its position in Broadcom Inc. (NASDAQ:AVGO) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,151 shares of the semiconductor manufacturer’s stock after selling 4,837 shares during the quarter. Broadcom makes up about 1.2% of Pallas Capital Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Pallas Capital Advisors LLC’s holdings in Broadcom were worth $36,739,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of AVGO. Brighton Jones LLC raised its position in shares of Broadcom by 21.8% during the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock valued at $6,882,000 after acquiring an additional 5,322 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Broadcom by 10.4% in 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 boosted its holdings in Broadcom by 76.5% in the first quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock worth $392,000 after purchasing an additional 1,014 shares during the period. Sivia Capital Partners LLC increased its stake 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 holdings in shares of Broadcom by 10.5% during the second quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer’s stock worth $1,098,000 after purchasing an additional 378 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AVGO. Citigroup lifted their price target on shares of Broadcom from $458.00 to $475.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Royal Bank Of Canada dropped their price objective on shares of Broadcom from $370.00 to $340.00 and set a “sector perform” rating on the stock in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $430.00 target price on shares of Broadcom and gave the stock a “buy” rating in a report on Friday, December 12th. Bank of America lowered their target price on Broadcom from $500.00 to $450.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Finally, Truist Financial increased their price target on Broadcom from $510.00 to $545.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $435.30.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Analysts See Large Upside — Several sell‑side calls and a consolidated “Strong Buy” view imply sizable upside (InsiderMonkey summarizes a consensus ~61% average price-target upside and notes individual Buy ratings such as BofA’s Vivek Arya). Analysts See 61% Upside to Broadcom Inc. (AVGO)
• Positive Sentiment: NVIDIA NVLink Ecosystem Benefit — Coverage of NVIDIA’s NVLink Fusion expansion highlights Broadcom as a potential beneficiary of expanded AI interconnect demand and ecosystem spending. That reinforces the AI revenue growth narrative. 5 Stocks That Win Big From NVIDIA’s NVLink Fusion AI Ecosystem Expansion
• Positive Sentiment: Outlook/Buy‑the‑Dip Coverage — Recent Motley Fool pieces profile Broadcom as a top AI growth play and favorable vs. peers, supporting demand from growth‑oriented investors. 2 Beaten-Down AI Stocks to Buy Before the Next Bull Market
• Neutral Sentiment: Investor Attention / Screeners — Zacks notes AVGO is showing up frequently in user searches and screeners (high ROE/defensive lists), which can increase trading volume but is not a directional driver by itself. Broadcom Inc. (AVGO) is Attracting Investor Attention
• Neutral Sentiment: High ROE / Defensive Mention — Zacks includes AVGO on a short list of high‑ROE names framed as defensive amid geopolitical risk; useful context for portfolio positioning. 5 Stocks With High ROE to Buy as Iran War Crisis Refuses to Abate
• Negative Sentiment: Gross‑Margin Compression — Zacks flags sequential gross‑margin declines as Broadcom’s revenue mix shifts toward AI‑driven products; margin deterioration could pressure near‑term profitability expectations. AVGO’s Gross Margin Contracts Sequentially
• Negative Sentiment: Large Insider Sale Filed — A recent SEC filing revealed what media called the largest Broadcom insider sale on record, which can spook investors even if not reflective of company fundamentals. Monster insider alert for Broadcom stock as AVGO crashes 5% in a week

Insiders Place Their Bets

In other Broadcom news, insider S. Ram Velaga sold 38,841 shares of the business’s stock in a transaction on 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 completion of the transaction, the insider owned 96,147 shares in the company, valued at approximately $30,920,875.20. The trade was a 28.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Hock E. Tan sold 70,000 shares of the stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total value of $24,311,000.00. Following the completion of the transaction, the chief executive officer directly owned 132,836 shares of the company’s stock, valued at approximately $46,133,942.80. The trade was a 34.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 373,049 shares of company stock worth $123,024,715. 1.90% of the stock is owned by company insiders.

Broadcom Stock Up 5.4%

AVGO stock opened at $309.32 on Wednesday. The stock has a market cap of $1.46 trillion, a PE ratio of 60.41, a price-to-earnings-growth ratio of 0.63 and a beta of 1.22. The firm’s 50-day simple moving average is $325.36 and its 200 day simple moving average is $343.92. 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.

Broadcom (NASDAQ:AVGO) last posted 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 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 quarter in the prior year, the firm earned $1.60 EPS. Broadcom’s quarterly revenue was up 29.5% on a year-over-year basis. As a group, sell-side analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were given a dividend of $0.65 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. 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.