Broadcom Inc. $AVGO Position Lessened by MWA Asset Management

MWA Asset Management lowered its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 5.6% during the first quarter, Holdings Channel reports. The fund owned 22,550 shares of the semiconductor manufacturer’s stock after selling 1,348 shares during the quarter. Broadcom makes up approximately 3.8% of MWA Asset Management’s investment portfolio, making the stock its 3rd biggest position. MWA Asset Management’s holdings in Broadcom were worth $6,979,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Alpha Zero LLC lifted its stake in shares of Broadcom by 24.1% during the 1st quarter. Alpha Zero LLC now owns 2,622 shares of the semiconductor manufacturer’s stock worth $812,000 after purchasing an additional 510 shares during the period. Titan Global Capital Management USA LLC grew its position in shares of Broadcom by 3.1% in the first quarter. Titan Global Capital Management USA LLC now owns 57,572 shares of the semiconductor manufacturer’s stock valued at $17,819,000 after purchasing an additional 1,724 shares during the period. Johnson Financial Group Inc. grew its position in shares of Broadcom by 6.4% in the first quarter. Johnson Financial Group Inc. now owns 33,548 shares of the semiconductor manufacturer’s stock valued at $10,383,000 after purchasing an additional 2,026 shares during the period. Convergence Investment Partners LLC increased its stake in Broadcom by 38.9% in the first quarter. Convergence Investment Partners LLC now owns 43,202 shares of the semiconductor manufacturer’s stock valued at $13,371,000 after purchasing an additional 12,093 shares during the last quarter. Finally, JSF Financial LLC increased its stake in Broadcom by 7.0% in the first quarter. JSF Financial LLC now owns 7,198 shares of the semiconductor manufacturer’s stock valued at $2,228,000 after purchasing an additional 473 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Price Performance

Broadcom stock opened at $392.47 on Friday. Broadcom Inc. has a 52-week low of $281.61 and a 52-week high of $495.00. The firm has a fifty day moving average of $398.28 and a 200-day moving average of $366.58. The firm has a market capitalization of $1.87 trillion, a P/E ratio of 65.41, a PEG ratio of 0.76 and a beta of 1.45. The company has a quick ratio of 2.01, a current ratio of 2.24 and a debt-to-equity ratio of 0.71.

Broadcom (NASDAQ:AVGO) last posted its earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share for the quarter, beating 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 business had revenue of $22.19 billion for the quarter, compared to analyst estimates of $22.13 billion. During the same quarter in the previous year, the business posted $1.58 EPS. The business’s quarterly revenue was up 47.9% on a year-over-year basis. As a group, analysts predict that Broadcom Inc. will post 10.24 EPS for the current year.

Broadcom Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were given a $0.65 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is 43.33%.

Insider Buying and Selling

In other Broadcom news, Director Justine Page sold 1,602 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $373.86, for a total transaction of $598,923.72. Following the transaction, the director owned 17,426 shares in the company, valued at $6,514,884.36. The trade was a 8.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gayla J. Delly sold 1,890 shares of the company’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $385.38, for a total value of $728,368.20. Following the completion of the sale, the director directly owned 31,326 shares of the company’s stock, valued at $12,072,413.88. The trade was a 5.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 61,644 shares of company stock valued at $24,016,214. 1.90% of the stock is owned by company insiders.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom was singled out as a leading AI infrastructure stock, with analysts noting its strong AI bookings and long-dated customer commitments as advantages over smaller rivals. CBRS vs. AVGO: Which Stock Leads the AI Infrastructure Boom?
• Positive Sentiment: Coverage also pointed to Broadcom as one of the top networking semiconductor names to watch because AI data center demand is accelerating and driving interest in the group. 4 Networking Semiconductor Stocks to Watch in August 2026
• Positive Sentiment: Another piece argued that Broadcom’s AI trade remains intact after Alphabet’s strong earnings, supporting the broader market’s enthusiasm for AI infrastructure suppliers. The AI Trade Isn’t Slowing
• Positive Sentiment: Broadcom was also highlighted as a beneficiary of AI exposure plus dividend income, reinforcing its appeal to growth-and-income investors. These Stocks Offer AI Exposure and Dividend Payouts
• Neutral Sentiment: Several articles compared Broadcom’s year-to-date performance with other tech stocks and broader sector returns, but these were mostly performance updates rather than new catalysts. Are Computer and Technology Stocks Lagging Broadcom (AVGO) This Year?
• Neutral Sentiment: Commentary on Broadcom as a dividend ETF holding and on billionaire investor Philippe Laffont’s tech picks added some sentiment support, but did not point to a direct company-specific event. This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
• Negative Sentiment: One note flagged insider selling at Broadcom, which may temper enthusiasm a bit after the stock’s strong run. Insider Moves Are Sending Mixed Signals Across the Tech Sector

Analyst Upgrades and Downgrades

AVGO has been the topic of a number of research analyst reports. Truist Financial raised their price target on Broadcom from $545.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. KeyCorp reaffirmed an “overweight” rating and set a $575.00 price objective (up from $500.00) on shares of Broadcom in a research note on Thursday, June 4th. Seaport Research Partners reiterated a “neutral” rating on shares of Broadcom in a report on Wednesday, April 8th. Dbs Bank upgraded shares of Broadcom to a “moderate buy” rating in a report on Thursday, June 18th. Finally, Bank of America upped their price target on shares of Broadcom from $450.00 to $530.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Broadcom has a consensus rating of “Moderate Buy” and a consensus price target of $493.24.

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.