Broadcom Inc. $AVGO Shares Sold by Toth Financial Advisory Corp

Toth Financial Advisory Corp trimmed its holdings in Broadcom Inc. (NASDAQ:AVGO) by 4.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,594 shares of the semiconductor manufacturer’s stock after selling 1,643 shares during the quarter. Broadcom comprises approximately 1.2% of Toth Financial Advisory Corp’s portfolio, making the stock its 23rd biggest position. Toth Financial Advisory Corp’s holdings in Broadcom were worth $11,281,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Invesco Ltd. boosted its holdings in Broadcom by 1.8% in the third quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer’s stock valued at $12,915,861,000 after purchasing an additional 700,021 shares in the last quarter. Legal & General Group Plc boosted its holdings in Broadcom by 2.3% in the third quarter. Legal & General Group Plc now owns 33,450,786 shares of the semiconductor manufacturer’s stock valued at $11,035,749,000 after purchasing an additional 748,709 shares in the last quarter. Alliancebernstein L.P. lifted its stake in Broadcom by 3.7% in the second quarter. Alliancebernstein L.P. now owns 30,598,590 shares of the semiconductor manufacturer’s stock valued at $8,434,501,000 after buying an additional 1,084,776 shares during the last quarter. Franklin Resources Inc. lifted its stake in Broadcom by 4.0% in the third quarter. Franklin Resources Inc. now owns 29,511,195 shares of the semiconductor manufacturer’s stock valued at $9,736,038,000 after buying an additional 1,124,590 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in Broadcom by 3.0% in the second quarter. Ameriprise Financial Inc. now owns 26,990,925 shares of the semiconductor manufacturer’s stock valued at $7,450,161,000 after buying an additional 778,820 shares during the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom secured multi‑year TPU and networking supply deals with Google and Anthropic, locking in design/supply agreements through 2031 and expanding its role as a core AI infrastructure partner — a key reason investors are bidding the stock higher. Broadcom (AVGO) Surges on Multi‑Billion Dollar AI Chip Partnerships with Google and Anthropic
• Positive Sentiment: Anthropic will access ~3.5 GW of TPU‑based compute beginning in 2027 (part of a larger commitment). That scale, plus rapid Anthropic revenue growth, supports meaningful long‑term AI revenue upside for Broadcom. Anthropic’s Deal With Broadcom Gets AVGO Stock Trending Overnight
• Positive Sentiment: Analysts and commentators are upgrading or reaffirming conviction: Rosenblatt keeps a high $500 price target and research outlets highlight Broadcom as an AI infrastructure enabler alongside Micron. Those endorsements are supporting sentiment. Rosenblatt Buy Rating / Price Target Zacks: Micron and Broadcom
• Neutral Sentiment: Broadcom announced a product launch (Arcot Smart Ruleset) expanding its payments/security software portfolio — strategic but not game‑changing for near‑term revenue vs. the AI deals. Arcot Smart Ruleset Launch
• Neutral Sentiment: Management change: reports of a new CFO introduce some execution/transition risk but are not yet tied to guidance changes. Monitor commentary from the company. Broadcom is getting a new CFO
• Negative Sentiment: Seaport Global cut AVGO to Neutral, warning the AI chip rally may be overextended; that downgrade is a headwind that can cap near‑term upside. Seaport Downgrade
• Negative Sentiment: Other analysts have trimmed ratings (Erste downgraded to Hold) and flagged slower growth in the software segment — reminders that not all parts of Broadcom’s business are accelerating. Downgrade and Software Growth Concerns

Insider Buying and Selling

In other news, CFO Kirsten M. Spears sold 36,292 shares of the company’s 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 sale, the chief financial officer owned 327,760 shares in the company, valued at $105,407,616. This represents a 9.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider S. Ram Velaga sold 38,841 shares of the company’s 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 sale, the insider owned 96,147 shares of the company’s stock, valued at $30,920,875.20. This trade represents a 28.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 273,049 shares of company stock worth $88,300,115 over the last three months. 1.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on AVGO. Piper Sandler reiterated an “overweight” rating and issued a $430.00 price objective (up from $375.00) on shares of Broadcom in a research note on Friday, December 12th. Truist Financial boosted their price objective on Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft set a $430.00 price objective on Broadcom and gave the company a “buy” rating in a research note on Friday, December 12th. Barclays reiterated an “overweight” rating and issued a $500.00 price objective (up from $450.00) on shares of Broadcom in a research note on Friday, December 12th. Finally, Bank of America reduced their price objective on Broadcom from $500.00 to $450.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $435.30.

Broadcom Price Performance

Broadcom stock opened at $350.63 on Thursday. Broadcom Inc. has a 12 month low of $157.51 and a 12 month high of $414.61. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73. The business has a 50 day simple moving average of $324.89 and a 200-day simple moving average of $342.78. The stock has a market capitalization of $1.66 trillion, a PE ratio of 68.48, a price-to-earnings-growth ratio of 0.67 and a beta of 1.24.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping the consensus estimate of $2.03 by $0.02. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The business had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $19.10 billion. During the same quarter in the prior year, the business earned $1.60 earnings per share. The company’s quarterly revenue was up 29.5% compared to the same quarter last year. Equities analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, March 23rd. Broadcom’s dividend payout ratio is 50.78%.

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.