Broadcom Inc. $AVGO Shares Bought by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC grew its holdings in Broadcom Inc. (NASDAQ:AVGO) by 5.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,028 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,472 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Broadcom were worth $17,661,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Teachers Insurance & Annuity Association of America acquired a new position in Broadcom during the second quarter worth $28,000. JCIC Asset Management Inc. acquired a new position in shares of Broadcom during the 3rd quarter valued at about $31,000. Miller Global Investments LLC purchased a new stake in shares of Broadcom in the fourth quarter valued at about $31,000. Manning & Napier Advisors LLC acquired a new stake in Broadcom during the third quarter worth about $34,000. Finally, Evolution Wealth Management Inc. acquired a new stake in Broadcom during the second quarter worth about $36,000. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Charlie B. Kawwas sold 39,116 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.61, for a total transaction of $12,580,096.76. Following the completion of the transaction, the insider directly owned 74,626 shares in the company, valued at $24,000,467.86. This trade represents a 34.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Hock E. Tan sold 70,000 shares of Broadcom stock in a transaction dated Tuesday, January 6th. The shares were 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 directly owned 132,836 shares of the company’s stock, valued at approximately $46,133,942.80. This represents a 34.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 373,049 shares of company stock worth $123,024,715 in the last quarter. Insiders own 1.90% of the company’s stock.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom reported 106% year‑over‑year AI semiconductor revenue growth and secured a five‑year, roughly US$970 million software agreement with the U.S. Department of Defense — news that supports a durable AI revenue runway and defense recurring revenue. Article Title
• Positive Sentiment: Several sell‑side analysts and aggregator pieces now show large upside to AVGO (street consensus highlighted ~61% upside in recent writeups), underpinning the stock’s rally as buy ratings and price targets get refreshed. Article Title
• Positive Sentiment: Analysts and commentators argue Broadcom is carving out a large custom AI‑chip market (contrast vs. Nvidia), supporting a multi‑year growth story from bespoke AI silicon and software integration. Article Title
• Neutral Sentiment: NVIDIA’s NVLink/Fusion ecosystem expansion could reshuffle AI infra partnerships — a potential opportunity for some suppliers but one that brings competitive dynamics and execution risk for Broadcom. Article Title
• Neutral Sentiment: Broadcom is getting heightened investor attention as a high‑ROE, cash‑generative tech play amid geopolitical uncertainty; these narratives support interest but don’t guarantee short‑term moves. Article Title
• Negative Sentiment: Zacks flagged sequential gross‑margin contraction as Broadcom’s AI mix shifts; margin pressure and a high trailing P/E leave earnings sensitivity to product mix and pricing. Article Title

Broadcom Stock Performance

NASDAQ:AVGO opened at $309.32 on Wednesday. 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. The company has a 50 day moving average price of $325.36 and a 200 day moving average price of $343.92. The stock has a market capitalization of $1.46 trillion, a P/E ratio of 60.41, a PEG ratio of 0.63 and a beta of 1.22.

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

Broadcom Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were paid a dividend of $0.65 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.60 annualized dividend and a yield of 0.8%. Broadcom’s dividend payout ratio is presently 50.78%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on AVGO shares. Citigroup boosted 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. Truist Financial upped their price objective on Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Wall Street Zen raised Broadcom from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Royal Bank Of Canada reduced their target price on Broadcom from $370.00 to $340.00 and set a “sector perform” rating on the stock in a research report on Monday, March 2nd. Finally, Wolfe Research raised Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price target on the stock in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.