Ayrshire Capital Management LLC Invests $4.75 Million in Broadcom Inc. $AVGO

Ayrshire Capital Management LLC bought a new position in shares of Broadcom Inc. (NASDAQ:AVGO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,732 shares of the semiconductor manufacturer’s stock, valued at approximately $4,753,000. Broadcom comprises approximately 2.2% of Ayrshire Capital Management LLC’s portfolio, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Providence First Trust Co grew its holdings in shares of Broadcom by 1,099.3% during the third quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer’s stock worth $2,944,000 after buying an additional 8,179 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Broadcom by 3.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 323,587 shares of the semiconductor manufacturer’s stock worth $109,492,000 after buying an additional 10,786 shares in the last quarter. Lmcg Investments LLC grew its holdings in shares of Broadcom by 9.4% during the third quarter. Lmcg Investments LLC now owns 38,961 shares of the semiconductor manufacturer’s stock worth $12,854,000 after buying an additional 3,357 shares in the last quarter. Wright Investors Service Inc. grew its position in Broadcom by 5.4% in the third quarter. Wright Investors Service Inc. now owns 42,159 shares of the semiconductor manufacturer’s stock valued at $13,909,000 after purchasing an additional 2,178 shares in the last quarter. Finally, Brown Brothers Harriman & Co. grew its position in Broadcom by 10.7% in the third quarter. Brown Brothers Harriman & Co. now owns 77,411 shares of the semiconductor manufacturer’s stock valued at $25,539,000 after purchasing an additional 7,499 shares in the last quarter. Institutional investors own 76.43% of the company’s stock.

Broadcom Stock Performance

Shares of AVGO opened at $417.43 on Friday. The firm has a 50-day moving average of $347.36 and a 200-day moving average of $349.80. Broadcom Inc. has a one year low of $195.94 and a one year high of $429.31. The company has a market cap of $1.98 trillion, a PE ratio of 81.53, a price-to-earnings-growth ratio of 0.84 and a beta of 1.24. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73.

Broadcom (NASDAQ:AVGO) last announced 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. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The company had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same quarter last year, the firm posted $1.60 EPS. The company’s quarterly revenue was up 29.5% on a year-over-year basis. As a group, equities analysts forecast that Broadcom Inc. will post 9.95 earnings per share for the current year.

Broadcom Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom’s dividend payout ratio (DPR) is 50.78%.

Insider Activity

In other news, CFO Kirsten M. Spears sold 36,292 shares of Broadcom stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $11,671,507.20. Following the completion of the transaction, the chief financial officer directly owned 327,760 shares in the company, valued at approximately $105,407,616. The trade was a 9.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider S. Ram Velaga sold 38,841 shares of Broadcom stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $12,491,265.60. Following the transaction, the insider owned 96,147 shares of the company’s stock, valued at $30,920,875.20. This represents a 28.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 324,282 shares of company stock worth $106,425,249. Insiders own 1.90% of the company’s stock.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom secured a multi‑year AI chip deal with Meta that targets large, multi‑GW deployments — this strengthens AVGO’s high‑margin data‑center revenue visibility and supports recurring, multi‑year demand. Broadcom just reached a 3-year AI chip deal with Meta
• Positive Sentiment: Market milestone: Broadcom recently crossed a $2 trillion market capitalization, a signal of investor confidence and momentum that can attract more passive flows and headline buying. Broadcom Just Hit $2 Trillion Market Cap. Is AVGO Stock a Buy Now?
• Positive Sentiment: Product/market expansion: Broadcom unveiled its fourth wave of Wi‑Fi 8 chips and an optimized 10G PON solution to push multi‑gig broadband at scale — a win for service‑provider adoption and long‑term silicon content per subscriber. Broadcom Accelerates Multi-Gig Broadband with Optimized 10G-PON and Wi-Fi 8 Solutions for Mass Market
• Positive Sentiment: AI capex tailwinds: Multiple reports show Big Tech lifting AI infrastructure spend (hundreds of billions through 2026), underpinning demand for Broadcom’s networking and AI‑inference silicon. Analysts have nudged estimates higher, reinforcing bullish revenue/earnings trajectories. Big Techs Assure Lasting AI Frenzy – Which Stocks Will Gain?
• Positive Sentiment: Institutional buying and analyst support: Alecta boosted its Broadcom stake and some shops have raised FY estimates modestly — signals that professional investors are adding to positions. Alecta Pensionsforsakring Boosts Broadcom Stake
• Neutral Sentiment: Peer/sector context: Coverage comparing AVGO vs. AMD and NVDA notes Broadcom benefits from diversified networking + AI exposure, but relative performance can swing with Big Tech spending updates. This is background context for investors sizing exposure. Why AMD, AVGO are outperforming Nvidia after Big Tech earnings
• Negative Sentiment: Valuation concerns: Commentary warns investors may be “pricing in perfection” — Broadcom’s premium valuation raises the risk of pullbacks if growth or margin expectations slip. Broadcom: Investors Are Pricing In Perfection
• Negative Sentiment: Short‑term volatility risks: Recent AI/sector headlines (OpenAI caution, Nvidia digesting huge guidance) have shown the group can swing on sentiment, which could produce sharp intraday moves in AVGO. Semiconductor Stocks Tumble on OpenAI Warning

Analysts Set New Price Targets

A number of research firms recently weighed in on AVGO. Bank of America decreased their target price on shares of Broadcom from $500.00 to $450.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Royal Bank Of Canada decreased their target price on shares of Broadcom from $370.00 to $340.00 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. Wolfe Research raised shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 target price for the company in a research report on Friday, January 30th. Erste Group Bank downgraded shares of Broadcom from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Finally, Zacks Research raised shares of Broadcom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Broadcom currently has an average rating of “Moderate Buy” and an average price target of $435.30.

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.