Strategic Financial Services Inc. raised its position in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 142.8% in the 4th quarter, Holdings Channel reports. The firm owned 4,234 shares of the semiconductor manufacturer’s stock after buying an additional 2,490 shares during the quarter. Strategic Financial Services Inc.’s holdings in Broadcom were worth $1,410,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Miller Global Investments LLC bought a new position in Broadcom in the 4th quarter valued at $31,000. Nvest Wealth Strategies Inc. bought a new stake in Broadcom during the fourth quarter valued at approximately $33,000. Family CFO Inc purchased a new position in Broadcom in the 4th quarter worth approximately $35,000. PayPay Securities Corp grew its stake in Broadcom by 88.9% in the 4th quarter. PayPay Securities Corp now owns 119 shares of the semiconductor manufacturer’s stock worth $41,000 after buying an additional 56 shares in the last quarter. Finally, Camelot Portfolios LLC purchased a new position in Broadcom in the 4th quarter worth approximately $45,000. 76.43% of the stock is owned by institutional investors.
More Broadcom News
Here are the key news stories impacting Broadcom this week:
- Positive Sentiment: Broadcom continues to be highlighted as a key behind-the-scenes AI winner, with articles arguing its revenue and earnings could more than double between FY25 and FY27 as demand for AI infrastructure remains strong. Best AI Stocks to Buy in June and Hold Forever: AVGO
- Positive Sentiment: Broadcom was also named one of Claude AI’s top stock picks for 2026, reinforcing the market’s view that the company is a leading AI infrastructure play. Broadcom (AVGO) is Among Claude AI’s Top Stock Picks for 2026
- Positive Sentiment: Investor sentiment remains constructive after Broadcom unveiled new edge-AI networking silicon and a Samsung partnership for fixed wireless access, which could expand its footprint in next-gen connectivity. Broadcom’s BCM68850 Boosts AVGO’s Edge AI Push: More Upside Ahead?
- Positive Sentiment: Broadcom was featured in commentary from Jim Cramer and other market-watch articles emphasizing its custom chips for major hyperscalers and its strong long-term positioning in AI infrastructure. Jim Cramer Explains “Why We’ve Stuck With Broadcom”
- Neutral Sentiment: Several pieces noted that AVGO is one of the market’s most watched semiconductor names, with traders focusing on whether the recent rally can continue near resistance and ahead of upcoming earnings. Broadcom Inc. (AVGO) Is a Trending Stock: Facts to Know Before Betting on It
- Negative Sentiment: There was also some caution around the broader chip sector, with articles warning that the AI/silicon rally may be getting extended and could be vulnerable if growth expectations cool. What If Chip Stocks Aren’t in a Supercycle After All?
- Negative Sentiment: Discovery Capital Management disclosed a sale of 83,200 Broadcom shares, a modest headwind that could signal some profit-taking by a large holder. Discovery Capital Management pares Broadcom stake, sells 83,200 shares
Insider Transactions at Broadcom
Broadcom Stock Performance
Shares of AVGO opened at $446.77 on Monday. The firm has a market cap of $2.12 trillion, a price-to-earnings ratio of 87.26, a PEG ratio of 0.92 and a beta of 1.41. 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 fifty-two week low of $234.90 and a fifty-two week high of $448.90. The firm has a 50 day moving average price of $383.52 and a 200-day moving average price of $358.56.
Broadcom (NASDAQ:AVGO – Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.02. The firm had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The business’s quarterly revenue was up 29.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.60 EPS. As a group, equities research analysts forecast that Broadcom Inc. will post 9.91 earnings per share for the current year.
Broadcom Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were issued 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 was Monday, March 23rd. Broadcom’s payout ratio is presently 50.78%.
Analyst Ratings Changes
A number of equities analysts have commented on AVGO shares. Wall Street Zen cut shares of Broadcom from a “buy” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. boosted their price target 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. Erste Group Bank cut shares of Broadcom from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. DA Davidson raised shares of Broadcom to a “hold” rating in a research note on Friday, February 13th. Finally, Benchmark reissued a “buy” rating and issued a $485.00 price target on shares of Broadcom in a research note on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Broadcom currently has a consensus rating of “Moderate Buy” and an average target price of $454.55.
View Our Latest Stock Analysis on AVGO
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.
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