Cache Advisors LLC Has $40.80 Million Stake in Broadcom Inc. $AVGO

Cache Advisors LLC decreased its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 4.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,806 shares of the semiconductor manufacturer’s stock after selling 6,074 shares during the quarter. Broadcom comprises approximately 4.7% of Cache Advisors LLC’s portfolio, making the stock its 5th biggest holding. Cache Advisors LLC’s holdings in Broadcom were worth $40,795,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AVGO. Richards Merrill & Peterson Inc. increased its position in shares of Broadcom by 32.0% during the first quarter. Richards Merrill & Peterson Inc. now owns 6,551 shares of the semiconductor manufacturer’s stock valued at $2,028,000 after buying an additional 1,588 shares during the period. Guyasuta Investment Advisors Inc. increased its holdings in Broadcom by 0.8% during the 1st quarter. Guyasuta Investment Advisors Inc. now owns 14,298 shares of the semiconductor manufacturer’s stock worth $4,425,000 after acquiring an additional 116 shares during the period. New Covenant Trust Company N.A. increased its holdings in shares of Broadcom by 17.7% in the first quarter. New Covenant Trust Company N.A. now owns 4,431 shares of the semiconductor manufacturer’s stock worth $1,371,000 after purchasing an additional 667 shares during the period. Bar Harbor Wealth Management boosted its stake in Broadcom by 31.3% during the first quarter. Bar Harbor Wealth Management now owns 24,122 shares of the semiconductor manufacturer’s stock valued at $7,466,000 after buying an additional 5,755 shares during the period. Finally, Amarillo National Bank grew its position in Broadcom by 16.4% during the first quarter. Amarillo National Bank now owns 1,178 shares of the semiconductor manufacturer’s stock worth $365,000 after buying an additional 166 shares in the last quarter. 76.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AVGO. UBS Group set a $485.00 price objective on shares of Broadcom and gave the stock a “buy” rating in a research report on Thursday, June 4th. Jefferies Financial Group set a $550.00 price target on shares of Broadcom and gave the stock a “buy” rating in a research note on Thursday, June 4th. DA Davidson increased their price target on shares of Broadcom from $375.00 to $400.00 and gave the stock a “neutral” rating in a report on Thursday, June 4th. Citigroup reaffirmed a “buy” rating on shares of Broadcom in a report on Thursday, June 4th. Finally, Mizuho increased their target price on Broadcom from $480.00 to $530.00 and gave the company an “outperform” rating in a research note on Thursday, June 4th. 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $493.24.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: OpenAI and Broadcom unveiled “Jalapeño,” a custom AI accelerator built for LLM inference, reinforcing Broadcom’s growing role in AI chip design and improving revenue visibility as deployment is expected in late 2026. Article Title
• Positive Sentiment: Additional coverage highlighted the Jalapeño AI accelerator as a sign that Broadcom is expanding its custom AI silicon roadmap, which could strengthen its position in high-margin AI infrastructure sales. Article Title
• Positive Sentiment: Analysts continue to view Broadcom as a favored long-term AI chip stock, with strong buy ratings reinforcing confidence in the company’s AI and networking growth outlook. Article Title
• Neutral Sentiment: A market note suggested investors may want to “buy the chip dip” and avoid hyperscalers for now, which is supportive for semiconductor names like Broadcom but does not specifically change AVGO’s fundamentals. Article Title
• Negative Sentiment: Broader AI-sector selloff headlines are weighing on sentiment across major tech leaders, suggesting valuation concerns may continue to pressure Broadcom despite its strong fundamentals. Article Title
• Negative Sentiment: One valuation-focused article argued that Broadcom and Marvell may face a “dangerous valuation gap,” which could raise investor concern that AVGO’s premium pricing is getting stretched. Article Title

Insiders Place Their Bets

In related news, insider Charlie B. Kawwas sold 10,000 shares of the stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $345.23, for a total transaction of $3,452,300.00. Following the sale, the insider directly owned 787,184 shares of the company’s stock, valued at $271,759,532.32. This trade represents a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider S. Ram Velaga sold 8,000 shares of the business’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $370.52, for a total value of $2,964,160.00. Following the completion of the transaction, the insider directly owned 57,932 shares of the company’s stock, valued at approximately $21,464,964.64. This trade represents a 12.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 59,385 shares of company stock worth $21,301,057. 1.90% of the stock is owned by corporate insiders.

Broadcom Stock Performance

Shares of AVGO stock opened at $365.02 on Friday. The company has a market capitalization of $1.74 trillion, a price-to-earnings ratio of 60.84, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.24. Broadcom Inc. has a one year low of $262.66 and a one year high of $495.00. The company’s 50-day moving average is $411.70 and its 200 day moving average is $363.35.

Broadcom (NASDAQ:AVGO) last issued its earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.04. Broadcom had a net margin of 38.85% and a return on equity of 41.61%. The firm had revenue of $22.19 billion for the quarter, compared to the consensus estimate of $22.13 billion. During the same quarter in the prior year, the firm posted $1.58 earnings per share. The business’s revenue was up 47.9% on a year-over-year basis. Sell-side analysts expect that Broadcom Inc. will post 10.24 EPS for the current fiscal year.

Broadcom Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be issued a $0.65 dividend. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is presently 43.33%.

Broadcom 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.