170,173 Shares in Broadcom Inc. $AVGO Bought by Meridiem Capital Partners LP

Meridiem Capital Partners LP purchased a new stake in Broadcom Inc. (NASDAQ:AVGO) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 170,173 shares of the semiconductor manufacturer’s stock, valued at approximately $56,142,000. Broadcom makes up approximately 3.6% of Meridiem Capital Partners LP’s investment portfolio, making the stock its 7th largest holding.

A number of other hedge funds have also modified their holdings of AVGO. Vanguard Group Inc. raised its holdings in shares of Broadcom by 1.3% in the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock valued at $133,261,046,000 after purchasing an additional 6,222,802 shares during the last quarter. State Street Corp lifted its position in shares of Broadcom by 0.5% in the second quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock worth $51,071,601,000 after purchasing an additional 873,963 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Broadcom by 2.1% in the second quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock worth $29,827,649,000 after purchasing an additional 2,226,585 shares in the last quarter. Norges Bank acquired a new position in Broadcom during the second quarter worth $18,579,549,000. Finally, Invesco Ltd. grew its position in Broadcom by 1.8% in the third quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer’s stock valued at $12,915,861,000 after purchasing an additional 700,021 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on AVGO shares. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $475.00 target price (up from $400.00) on shares of Broadcom in a research report on Friday, December 12th. Bank of America reduced their price target on Broadcom from $500.00 to $450.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Wall Street Zen raised Broadcom from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. Citigroup upped their price objective on Broadcom from $458.00 to $475.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, Wells Fargo & Company raised Broadcom from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $410.00 to $430.00 in a report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $435.30.

Insider Buying and Selling

In other Broadcom news, CFO Kirsten M. Spears sold 30,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the transaction, the chief financial officer owned 277,237 shares in the company, valued at $96,428,573.34. This represents a 9.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Hock E. Tan sold 130,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $326.02, for a total transaction of $42,382,600.00. Following the transaction, the chief executive officer directly owned 595,638 shares in the company, valued at $194,189,900.76. This represents a 17.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 458,785 shares of company stock valued at $155,508,157. 1.90% of the stock is owned by company insiders.

Broadcom Stock Performance

NASDAQ:AVGO traded down $3.32 during mid-day trading on Friday, hitting $332.66. 3,111,999 shares of the stock were exchanged, compared to its average volume of 25,984,738. The firm’s 50-day simple moving average is $333.24 and its 200 day simple moving average is $344.15. The stock has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 65.09, a price-to-earnings-growth ratio of 0.78 and a beta of 1.22. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $2.03 by $0.02. The firm had revenue of $19.31 billion for the quarter, compared to analyst estimates of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The company’s revenue for the quarter was up 29.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.60 EPS. As a group, equities analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Announces Dividend

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

More Broadcom News

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 Company 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.