Vestmark Advisory Solutions Inc. Acquires 63,264 Shares of Broadcom Inc. $AVGO

Vestmark Advisory Solutions Inc. raised its holdings in Broadcom Inc. (NASDAQ:AVGO) by 59.5% in the fourth quarter, Holdings Channel reports. The firm owned 169,504 shares of the semiconductor manufacturer’s stock after purchasing an additional 63,264 shares during the period. Broadcom accounts for 0.8% of Vestmark Advisory Solutions Inc.’s investment portfolio, making the stock its 17th largest holding. Vestmark Advisory Solutions Inc.’s holdings in Broadcom were worth $58,666,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AVGO. Whittier Trust Co. of Nevada Inc. boosted its position in Broadcom by 3.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 323,587 shares of the semiconductor manufacturer’s stock worth $109,492,000 after purchasing an additional 10,786 shares during the last quarter. Brown Brothers Harriman & Co. grew its stake in shares of Broadcom by 10.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 77,411 shares of the semiconductor manufacturer’s stock valued at $25,539,000 after purchasing an additional 7,499 shares during the period. Dana Investment Advisors Inc. grew its stake in shares of Broadcom by 2.6% during the 3rd quarter. Dana Investment Advisors Inc. now owns 173,759 shares of the semiconductor manufacturer’s stock valued at $57,325,000 after purchasing an additional 4,442 shares during the period. Guinness Atkinson Asset Management Inc grew its stake in shares of Broadcom by 248.2% during the 3rd quarter. Guinness Atkinson Asset Management Inc now owns 26,238 shares of the semiconductor manufacturer’s stock valued at $8,603,000 after purchasing an additional 18,703 shares during the period. Finally, Rockline Wealth Management LLC grew its stake in shares of Broadcom by 19.8% during the 3rd quarter. Rockline Wealth Management LLC now owns 53,768 shares of the semiconductor manufacturer’s stock valued at $17,739,000 after purchasing an additional 8,902 shares during the period. Institutional investors own 76.43% of the company’s stock.

Broadcom Price Performance

Shares of Broadcom stock opened at $422.01 on Wednesday. The stock’s 50-day simple moving average is $376.86 and its 200-day simple moving average is $356.93. Broadcom Inc. has a 52 week low of $231.13 and a 52 week high of $442.36. The company has a market capitalization of $2.00 trillion, a price-to-earnings ratio of 82.42, a PEG ratio of 0.86 and a beta of 1.43. 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 announced its quarterly earnings data 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 return on equity of 38.61% and a net margin of 36.57%.The business 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 earnings per share. The business’s revenue was up 29.5% on a year-over-year basis. As a group, analysts expect that Broadcom Inc. will post 9.91 earnings per share for the current fiscal year.

Broadcom Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom’s dividend payout ratio (DPR) is presently 50.78%.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom announced the industry’s first end-to-end 50G PON edge AI portfolio, including a new home gateway SoC with an integrated NPU and native Wi‑Fi 8 support, which supports the company’s AI-at-the-edge growth story. Article Title
• Positive Sentiment: Analysts continue to view Broadcom favorably, with an average rating of “Moderate Buy,” suggesting Wall Street still expects upside from its AI semiconductor and software businesses. Article Title
• Positive Sentiment: Recent commentary argues Broadcom remains a major beneficiary of custom silicon partnerships with hyperscale customers, keeping the AI revenue outlook strong. Article Title
• Positive Sentiment: Broadcom has also been highlighted as a preferred AI stock by high-profile investors, with one article noting Stanley Druckenmiller bought Broadcom while selling other AI names, which can support sentiment. Article Title
• Neutral Sentiment: Several articles framed Broadcom as a long-term AI infrastructure winner and noted expectations for continued earnings momentum, but these were mostly commentary rather than new company-specific catalysts. Article Title
• Neutral Sentiment: Broader semiconductor-sector pieces and AI-themed market articles may be adding tailwinds, but they do not appear to introduce a direct new risk for Broadcom. Article Title

Wall Street Analyst Weigh In

A number of research firms have issued reports on AVGO. Morgan Stanley boosted their price target on Broadcom from $462.00 to $470.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Royal Bank Of Canada cut their price target on Broadcom from $370.00 to $340.00 and set a “sector perform” rating for the company in a research note on Monday, March 2nd. JPMorgan Chase & Co. boosted their price target on Broadcom from $475.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, March 5th. Seaport Research Partners restated a “neutral” rating on shares of Broadcom in a research note on Wednesday, April 8th. Finally, DA Davidson upgraded Broadcom to a “hold” rating in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $448.10.

Insider Activity

In related news, insider Charlie B. Kawwas sold 39,116 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $321.61, for a total transaction 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 trade represents a 34.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Kirsten M. Spears sold 36,292 shares of Broadcom stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $11,671,507.20. Following the sale, the chief financial officer owned 327,760 shares of the company’s stock, valued at approximately $105,407,616. This trade represents a 9.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 324,282 shares of company stock valued at $106,425,249 over the last ninety days. 1.90% of the stock is owned by corporate 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.