Broadcom (NASDAQ:AVGO) Shares Unloaded Rep. Julia Letlow

Representative Julia Letlow (Republican-Louisiana) recently sold shares of Broadcom Inc. (NASDAQ:AVGO). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Broadcom stock on February 12th. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
• Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Icon (NASDAQ:ICLR) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Extra Space Storage (NYSE:EXR) on 2/12/2026.
• Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.

Broadcom Stock Performance

AVGO traded up $1.24 during trading on Wednesday, hitting $319.53. The stock had a trading volume of 11,198,148 shares, compared to its average volume of 26,761,156. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73. The company has a 50 day moving average price of $329.11 and a 200-day moving average price of $345.61. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The firm has a market cap of $1.51 trillion, a price-to-earnings ratio of 62.35, a P/E/G ratio of 0.69 and a beta of 1.22.

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. The firm had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The company’s quarterly revenue was up 29.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.60 EPS. As a group, research analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 23rd will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Monday, March 23rd. Broadcom’s dividend payout ratio (DPR) is presently 50.78%.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Bernstein upgraded Broadcom on AI strength, triggering a recent rally and signaling institutional conviction in AVGO’s AI growth story. Broadcom (AVGO) Stock Surges Nearly 5% on Bernstein’s Bullish AI Upgrade
• Positive Sentiment: Analyst and company commentary suggests Broadcom’s guidance ($100B+ AI revenue in 2027) may be conservative — analysts who translate gigawatts into revenue see materially higher upside if deployments and dollars/GW track higher. This supports a long-term revenue re-rate thesis. Why Broadcom’s $100B AI Revenue Forecast May Be Conservative
• Positive Sentiment: Broadcom won a large government/defense program and a DoD pricing/contracting deal via Carahsoft/DISA, adding near-term revenue visibility and a defense-software revenue stream that is less cyclical than data-center hardware. New Broadcom and Carahsoft Agreement With DISA
• Positive Sentiment: Broadcom is expanding infrastructure software (Symantec CBX/VMware exposure), which boosts recurring revenue and margins — a material offset to chip cyclicality. AVGO’s Symantec CBX Expands Security Portfolio
• Positive Sentiment: Product win — Broadcom launched a post-quantum, in‑flight network encryption solution, reinforcing its security/communications product momentum and potential cross‑sell into OEM/server deployments. Broadcom (AVGO) Announces Launch of In-Flight Network Encryption Solution
• Neutral Sentiment: Coverage and comparison pieces (TSM vs AVGO, Jim Cramer, and other bullish essays) keep AVGO in the spotlight but are opinion-driven — useful for context but not immediate catalysts. TSM vs. AVGO: Which is a Better Semiconductor Stock?
• Neutral Sentiment: Headline: Broadcom’s AI revenue “just doubled” yet the stock barely moved — suggests the market has already priced much AI growth or is taking profits; this tempers immediate upside despite strong fundamentals. Broadcom’s AI Revenue Just Doubled. The Stock Barely Moved
• Neutral Sentiment: Short‑interest data reported in some feeds looks inconsistent/erroneous (zeros/NaN); watch for any later confirmed increases but treat current figures with caution.
• Negative Sentiment: Management warned of supply constraints and called out TSMC capacity as a bottleneck — this could limit Broadcom’s ability to scale AI shipments quickly and compress near‑term upside if shortages persist. Broadcom flags supply constraints, says TSMC capacity a bottleneck
• Negative Sentiment: Several reports highlight tighter supply across AI hardware components; even with strong demand this can cause timing risk and uneven revenue recognition. Why is Broadcom warning of tighter supply in AI hardware?

Analyst Ratings Changes

AVGO has been the topic of a number of recent research reports. Piper Sandler reaffirmed an “overweight” rating and set a $430.00 price target (up from $375.00) on shares of Broadcom in a research report on Friday, December 12th. Wells Fargo & Company raised shares of Broadcom from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $410.00 to $430.00 in a report on Thursday, January 15th. Weiss Ratings restated a “buy (b)” rating on shares of Broadcom in a research report on Monday, December 29th. Wolfe Research upgraded shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price target for the company in a research report on Friday, January 30th. Finally, Rosenblatt Securities increased their price target on Broadcom from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $435.30.

Insider Activity

In related news, CEO Hock E. Tan sold 70,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total transaction of $24,311,000.00. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Mark David Brazeal sold 50,488 shares of Broadcom stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $16,236,940.80. Following the completion of the sale, the insider owned 278,141 shares of the company’s stock, valued at approximately $89,450,145.60. The trade was a 15.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 428,970 shares of company stock worth $142,585,321. 1.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Broadcom

A number of large investors have recently modified their holdings of AVGO. J. Derek Lewis & Associates Inc. acquired a new position in shares of Broadcom during the fourth quarter worth $4,251,000. Purpose Unlimited Inc. acquired a new stake in shares of Broadcom during the 4th quarter valued at $14,371,000. Painted Porch Advisors LLC increased its stake in shares of Broadcom by 28.2% in the fourth quarter. Painted Porch Advisors LLC now owns 1,665 shares of the semiconductor manufacturer’s stock valued at $576,000 after buying an additional 366 shares during the period. Cornerstone Planning LLC acquired a new position in Broadcom in the 4th quarter valued at approximately $7,049,000. Finally, AMG Asset Management Group Inc. acquired a new stake in Broadcom in the fourth quarter valued at $833,000. Institutional investors and hedge funds own 76.43% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

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.