WJ Wealth Management LLC Sells 1,991 Shares of Broadcom Inc. $AVGO

WJ Wealth Management LLC cut its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 48.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 2,131 shares of the semiconductor manufacturer’s stock after selling 1,991 shares during the quarter. WJ Wealth Management LLC’s holdings in Broadcom were worth $703,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Chelsea Counsel Co. purchased a new stake in shares of Broadcom during the third quarter valued at approximately $46,000. CIBC Private Wealth Group LLC boosted its position in Broadcom by 42.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,521,836 shares of the semiconductor manufacturer’s stock valued at $831,979,000 after buying an additional 747,273 shares during the period. CIBC Bancorp USA Inc. bought a new stake in Broadcom in the 3rd quarter worth $399,602,000. Bell Investment Advisors Inc grew its holdings in Broadcom by 1.9% in the 3rd quarter. Bell Investment Advisors Inc now owns 1,638 shares of the semiconductor manufacturer’s stock worth $540,000 after acquiring an additional 30 shares during the last quarter. Finally, Tcfg Wealth Management LLC increased its position in shares of Broadcom by 9.0% in the third quarter. Tcfg Wealth Management LLC now owns 6,315 shares of the semiconductor manufacturer’s stock valued at $2,083,000 after acquiring an additional 521 shares during the period. Institutional investors own 76.43% of the company’s stock.

Insider Buying and Selling at Broadcom

In other Broadcom news, insider Mark David Brazeal sold 50,488 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $16,236,940.80. Following the completion of the sale, the insider directly owned 278,141 shares in the company, valued at approximately $89,450,145.60. This trade represents a 15.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Hock E. Tan sold 70,000 shares of the business’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total value of $24,311,000.00. Following the completion of the transaction, the chief executive officer owned 132,836 shares of the company’s stock, valued at $46,133,942.80. This represents a 34.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 528,970 shares of company stock valued at $177,150,321 over the last three months. 1.90% of the stock is currently owned by corporate insiders.

Broadcom Stock Down 1.7%

Shares of NASDAQ:AVGO opened at $315.93 on Thursday. 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 Inc. has a 52-week low of $138.10 and a 52-week high of $414.61. The firm has a market capitalization of $1.50 trillion, a P/E ratio of 61.71, a P/E/G ratio of 0.69 and a beta of 1.22. The stock has a 50 day moving average price of $331.36 and a 200-day moving average price of $345.06.

Broadcom (NASDAQ:AVGO) last issued 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. The company had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The firm’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 earned $1.60 earnings per share. As a group, equities research analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Dividend Announcement

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. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, March 23rd. Broadcom’s dividend payout ratio (DPR) is presently 50.78%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Benchmark reiterated a “buy” rating and set a $485.00 target price on shares of Broadcom in a report on Thursday, March 5th. Mizuho set a $480.00 price target on Broadcom and gave the company an “outperform” rating in a research report on Friday, January 9th. Susquehanna reiterated a “positive” rating and issued a $450.00 price objective (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. Robert W. Baird set a $420.00 target price on Broadcom in a report on Friday, December 12th. Finally, Bank of America cut their price target on shares of Broadcom from $500.00 to $450.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Broadcom has an average rating of “Moderate Buy” and an average price target of $435.30.

More Broadcom News

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

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.