Wilmington Savings Fund Society FSB Reduces Stock Position in Broadcom Inc. $AVGO

Wilmington Savings Fund Society FSB cut its stake in Broadcom Inc. (NASDAQ:AVGO) by 65.6% in the third quarter, HoldingsChannel.com reports. The fund owned 25,502 shares of the semiconductor manufacturer’s stock after selling 48,663 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Broadcom were worth $8,413,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arthur M. Cohen & Associates LLC raised its stake in Broadcom by 0.6% during the 3rd quarter. Arthur M. Cohen & Associates LLC now owns 4,781 shares of the semiconductor manufacturer’s stock valued at $1,577,000 after buying an additional 30 shares during the last quarter. Jackson Hole Capital Partners LLC grew its holdings in shares of Broadcom by 1.4% in the third quarter. Jackson Hole Capital Partners LLC now owns 2,170 shares of the semiconductor manufacturer’s stock worth $716,000 after acquiring an additional 30 shares during the period. Private Wealth Partners LLC grew its holdings in shares of Broadcom by 0.7% in the third quarter. Private Wealth Partners LLC now owns 4,273 shares of the semiconductor manufacturer’s stock worth $1,410,000 after acquiring an additional 30 shares during the period. Planning Alternatives Ltd. ADV increased its position in Broadcom by 1.4% during the third quarter. Planning Alternatives Ltd. ADV now owns 2,168 shares of the semiconductor manufacturer’s stock valued at $715,000 after acquiring an additional 30 shares during the last quarter. Finally, McHugh Group LLC increased its position in Broadcom by 0.4% during the third quarter. McHugh Group LLC now owns 8,433 shares of the semiconductor manufacturer’s stock valued at $2,782,000 after acquiring an additional 31 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Trading Down 1.7%

Shares of NASDAQ:AVGO opened at $315.93 on Thursday. The stock has a 50 day moving average of $331.36 and a 200 day moving average of $345.06. The company has a market cap of $1.50 trillion, a PE ratio of 61.71, a price-to-earnings-growth ratio of 0.69 and a beta of 1.22. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61. 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 (NASDAQ:AVGO) last released its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.02. The company had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The firm’s 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, 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. Investors of record on Monday, March 23rd will be paid a dividend of $0.65 per share. The ex-dividend date is Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s payout ratio is 50.78%.

Insider Activity at Broadcom

In related news, insider Mark David Brazeal sold 50,488 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total value of $16,236,940.80. Following the completion of the transaction, the insider owned 278,141 shares of the company’s stock, valued at approximately $89,450,145.60. This represents a 15.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Kirsten M. Spears sold 36,292 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $11,671,507.20. Following the completion of the sale, the chief financial officer owned 327,760 shares of the company’s stock, valued at $105,407,616. The trade was a 9.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 528,970 shares of company stock worth $177,150,321 in the last 90 days. Company insiders own 1.90% of the company’s stock.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Meta confirmed its MTIA custom‑chip relationship with Broadcom and described multiple MTIA chips for inference — validating a major hyperscaler customer and supporting recurring AI accelerator demand. Why Meta’s AI Chip Announcement Has Broadcom Investors Paying Attention
• Positive Sentiment: Broadcom began production‑volume shipping of the Tomahawk‑6 family, the industry’s first 102.4 Tbps switch — a commercialization milestone that supports near‑term revenue and share gains in AI networking. Broadcom (AVGO) Commences Production Volume Shipping of World’s First 102.4 Tbps Switch
• Positive Sentiment: New optical and Ethernet products (400G DSP, 3.5D XPU) showcased at OFC bolster Broadcom’s AI networking roadmap and underpin analyst upside — a technology tailwind for fiscal 2026 growth. AVGO Boosts AI Growth With New Optical, Ethernet Tech
• Neutral Sentiment: Analyst reaction is mixed but active: several recent price‑target hikes and bullish notes (including Rosenblatt) coexist with critical takes and at least one downgrade narrative — creating two‑sided flow into the tape. Broadcom (AVGO) Stock Sees Five Price Target Hikes in Single Week
• Neutral Sentiment: Corporate events and software cashflow remain supportive: VMware (Broadcom’s software franchise) has public event dates (VMware Explore 2026), which keeps enterprise software visibility high but is not an immediate revenue surprise.
• Negative Sentiment: Large, clustered insider selling: multiple executives (including CFO Kirsten Spears, S. Ram Velaga, Charlie Kawwas and Mark Brazeal) sold substantial positions on March 16–17 — several transactions reduced holdings by double‑digit percentages and totalled tens of millions of dollars each. That selling is pressuring sentiment short‑term. Kirsten M. Spears Form 4 (SEC)
• Negative Sentiment: Meta’s MTIA announcement omitted a GenAI training chip (Olympus), suggesting training‑class revenues could be delayed — limiting upside from that specific, higher‑value segment in the near term. Why Meta’s AI Chip Announcement Has Broadcom Investors Paying Attention

Analysts Set New Price Targets

Several brokerages have issued reports on AVGO. Susquehanna reissued a “positive” rating and issued a $450.00 target price (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. Mizuho set a $480.00 price objective on shares of Broadcom and gave the stock an “outperform” rating in a report on Friday, January 9th. Raymond James Financial set a $420.00 target price on shares of Broadcom and gave the company an “outperform” rating in a research report on Thursday, November 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a report on Monday, December 29th. Finally, Citigroup increased their price target on shares of Broadcom from $458.00 to $475.00 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 assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $435.30.

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.