Tcfg Wealth Management LLC Has $4.50 Million Stock Holdings in Broadcom Inc. $AVGO

Tcfg Wealth Management LLC grew its stake in Broadcom Inc. (NASDAQ:AVGO) by 135.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,628 shares of the semiconductor manufacturer’s stock after acquiring an additional 7,834 shares during the period. Tcfg Wealth Management LLC’s holdings in Broadcom were worth $4,496,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. grew its stake in 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 in the last quarter. State Street Corp raised its stake in shares of Broadcom by 0.5% during the 2nd 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. Norges Bank bought a new stake in shares of Broadcom during the 2nd quarter worth approximately $18,579,549,000. Invesco Ltd. boosted its holdings in shares of Broadcom by 1.8% in the 3rd quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer’s stock valued at $12,915,861,000 after buying an additional 700,021 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Broadcom by 1.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 34,474,085 shares of the semiconductor manufacturer’s stock valued at $9,501,590,000 after buying an additional 621,775 shares in the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Broadcom Price Performance

Broadcom stock opened at $321.31 on Wednesday. The company has a market capitalization of $1.52 trillion, a price-to-earnings ratio of 62.76, a PEG ratio of 0.70 and a beta of 1.22. 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 12 month low of $138.10 and a 12 month high of $414.61. The stock’s 50 day moving average is $331.91 and its 200-day moving average is $345.27.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results 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. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The business had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $19.10 billion. During the same period last year, the firm posted $1.60 EPS. The firm’s revenue for the quarter was up 29.5% compared to the same quarter last year. Equities research analysts expect that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is currently 50.78%.

Insider Buying and Selling at Broadcom

In related news, CFO Kirsten M. Spears sold 30,000 shares of the company’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total value of $10,434,600.00. Following the transaction, the chief financial officer directly owned 277,237 shares in the company, valued at approximately $96,428,573.34. This represents a 9.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Mark David Brazeal sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the transaction, the insider directly owned 210,573 shares in the company, valued at approximately $73,094,099.76. This represents a 12.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 385,921 shares of company stock worth $131,232,806. Insiders own 1.90% of the company’s stock.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Meta publicly confirmed its MTIA custom‑chip partnership with Broadcom and announced four MTIA chips—validating Broadcom’s role as a strategic supplier for Meta’s AI inference roadmap, which supports durable AI demand for AVGO. META Unviels Four Custom Chips
• Positive Sentiment: Product announcements at OFC (400G optical DSP, 102.4T switches, 3.5D XPU) reinforce Broadcom’s networking and optical push into AI data centers—strengthening the company’s TAM exposure to hyperscale AI buildouts. AVGO Boosts AI Growth With New Optical, Ethernet Tech
• Positive Sentiment: Analyst optimism and price‑target upgrades continued (multiple hikes reported), and Rosenblatt reiterated a Buy with an aggressive AI revenue bull case—supporting upside to estimates and investor sentiment. Broadcom Stock Sees Five Price Target Hikes
• Positive Sentiment: Recent earnings showed record revenue and very strong AI semiconductor growth; management commentary about customers building multiple custom chips per year and active buyback activity are constructive for cash returns and long‑term growth visibility. All Systems Are Go For AVGO
• Neutral Sentiment: Several members of Congress disclosed purchases of AVGO recently—an informational data point that can indicate institutional interest but is delayed and not a direct trading signal. Members of Congress Bought These 5 Stocks
• Neutral Sentiment: Reported short‑interest data in the feed looks erroneous (zeros/NaN); no actionable short squeeze signal from the published figures. (Likely a data glitch.)
• Negative Sentiment: Meta’s announcement did not include a GenAI training chip (Olympus), reinforcing reports that training‑chip timelines may be pushed out—this could delay a sizable near‑term training revenue stream for Broadcom. META Unviels Four Custom Chips: Good and Bad News for AVGO Stock
• Negative Sentiment: Some analysts and pieces are challenging the current valuation and issuing caution/downgrade views—raising questions about how to price Broadcom’s rapid rerating and whether multiple years of AI growth are fully priced. Broadcom: Why This AI Winner Deserves A Rethink (Rating Downgrade)

Analyst Ratings Changes

AVGO has been the topic of a number of recent analyst reports. Robert W. Baird set a $420.00 target price on shares of Broadcom in a report on Friday, December 12th. Wolfe Research raised shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price objective for the company in a research report on Friday, January 30th. JPMorgan Chase & Co. boosted their price objective on shares of Broadcom from $475.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, March 5th. Citigroup upped their target price on shares of Broadcom from $458.00 to $475.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Finally, Wells Fargo & Company upgraded shares of Broadcom from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $410.00 to $430.00 in a research note on Thursday, January 15th. 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $435.30.

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.