Meridiem Capital Partners LP Acquires Shares of 170,173 Broadcom Inc. $AVGO

Meridiem Capital Partners LP bought a new position in shares of Broadcom Inc. (NASDAQ:AVGO) during the 3rd quarter, HoldingsChannel reports. The fund bought 170,173 shares of the semiconductor manufacturer’s stock, valued at approximately $56,142,000. Broadcom accounts for approximately 3.6% of Meridiem Capital Partners LP’s holdings, making the stock its 7th largest holding.

A number of other hedge funds also recently modified their holdings of AVGO. Certuity LLC lifted its position in Broadcom by 0.3% during the third quarter. Certuity LLC now owns 19,578 shares of the semiconductor manufacturer’s stock worth $6,466,000 after purchasing an additional 64 shares during the period. South Plains Financial Inc. increased its holdings in Broadcom by 40.7% in the 3rd quarter. South Plains Financial Inc. now owns 7,294 shares of the semiconductor manufacturer’s stock valued at $2,406,000 after buying an additional 2,111 shares during the period. Saiph Capital LLC raised its position in shares of Broadcom by 1.9% in the 3rd quarter. Saiph Capital LLC now owns 10,044 shares of the semiconductor manufacturer’s stock valued at $3,314,000 after buying an additional 185 shares in the last quarter. Advisory Research Inc. raised its position in shares of Broadcom by 0.8% in the 3rd quarter. Advisory Research Inc. now owns 85,729 shares of the semiconductor manufacturer’s stock valued at $28,283,000 after buying an additional 683 shares in the last quarter. Finally, Johnson Financial Group Inc. lifted its holdings in shares of Broadcom by 10.7% during the 3rd quarter. Johnson Financial Group Inc. now owns 41,305 shares of the semiconductor manufacturer’s stock worth $13,627,000 after acquiring an additional 3,995 shares during the period. Institutional investors own 76.43% of the company’s stock.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Management forecasted >$100 billion in AI chip sales for 2027, highlighting material TAM expansion and signaling share gains versus competitors — a key growth narrative driving investor enthusiasm. What Makes Broadcom (AVGO) a Lucrative Investment?
• Positive Sentiment: Morgan Stanley raised its price target on AVGO to $470 and kept an Overweight rating, signaling continued analyst conviction following the company’s strong quarter — this lift to consensus expectations supports upside in the stock. Morgan Stanley Raises PT on Broadcom, Keeps Overweight Rating
• Positive Sentiment: Broadcom announced it is now shipping the Tomahawk 6 family 102.4 Tbps switch at production scale — a meaningful infrastructure win for hyperscale AI networking that strengthens revenue and market-share outlooks in data-center switching. Broadcom Now Shipping World's First 102.4 Tbps Switch in Production Volume
• Positive Sentiment: Broadcom released its 3nm 400G/lane optical PAM‑4 DSP (Taurus BCM83640) enabling best‑in‑class 1.6T transceivers and paving the path to 204.8T networks — strengthens Broadcom’s optics leadership and cross‑sell into AI datacenters. Broadcom Delivers Industry’s First 400G/lane Optical DSP for Next-Generation AI Networks
• Positive Sentiment: Coverage and investor writeups are upbeat on AI-led cash flow upside (features in Seeking Alpha, Zacks and Yahoo) and several bullish analysts/funds reiterated conviction — momentum in sentiment is supporting the rally. Broadcom: AI Is Turning This Chip Giant Into A Strong Buy Cash Flow Machine
• Neutral Sentiment: Broadcom showcased a broad AI infrastructure portfolio at OFC 2026 (XPUs, Ethernet, optics, SerDes, DSP, PCIe) — positive for positioning but mainly promotional until material deals are reported. Broadcom Showcases Industry-Leading Solutions for Scaling AI Infrastructure at OFC 2026
• Neutral Sentiment: Partner award and ecosystem news (11:11 Systems named Broadcom VMware Cloud Service Provider Partner of the Year) underline go‑to‑market momentum but have limited direct near‑term financial impact. 11:11 Systems Named Broadcom VMware Cloud Service Provider Partner of the Year 2025
• Neutral Sentiment: Reported short‑interest entries in the feed show zero/NaN values and are not informative — no clear short‑pressure story emerged from the data.

Broadcom Trading Down 1.0%

AVGO traded down $3.32 during trading on Friday, reaching $332.66. 3,111,999 shares of the company’s stock were exchanged, compared to its average volume of 25,984,738. 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 one year low of $138.10 and a one year high of $414.61. The firm has a fifty day moving average price of $333.24 and a two-hundred day moving average price of $344.15. The stock has a market capitalization of $1.58 trillion, a PE ratio of 65.09, a price-to-earnings-growth ratio of 0.78 and a beta of 1.22.

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, beating the consensus estimate of $2.03 by $0.02. The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The company’s revenue for the quarter was up 29.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.60 earnings per share. As a group, equities research analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be issued a dividend of $0.65 per share. 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 payout ratio is presently 50.78%.

Insider Transactions at Broadcom

In other news, CFO Kirsten M. Spears sold 30,000 shares of the stock in a transaction dated 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 completion of the sale, the chief financial officer owned 277,237 shares of the company’s stock, valued at approximately $96,428,573.34. This represents a 9.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Hock E. Tan sold 70,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 132,836 shares of the company’s stock, valued at $46,133,942.80. This trade represents a 34.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 458,785 shares of company stock worth $155,508,157. 1.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. TD Cowen reiterated a “buy” rating on shares of Broadcom in a research report on Friday, December 12th. Rosenblatt Securities upped their target price on 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 issued a $450.00 target price on shares of Broadcom in a report on Monday, January 5th. Bank of America decreased their price target on Broadcom from $500.00 to $450.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Finally, KeyCorp reissued an “overweight” rating and set a $500.00 price target (up from $460.00) on shares of Broadcom in a report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $435.30.

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.