Left Brain Wealth Management LLC Increases Stock Holdings in Broadcom Inc. $AVGO

Left Brain Wealth Management LLC raised its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 6.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,297 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,647 shares during the quarter. Broadcom makes up about 2.8% of Left Brain Wealth Management LLC’s holdings, making the stock its 11th biggest holding. Left Brain Wealth Management LLC’s holdings in Broadcom were worth $9,006,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AVGO. Capital Counsel LLC NY purchased a new stake in shares of Broadcom in the second quarter worth $221,000. Waterloo Capital L.P. boosted its stake in Broadcom by 7.0% in the 2nd quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer’s stock worth $13,331,000 after purchasing an additional 3,180 shares in the last quarter. Providence First Trust Co grew its position in Broadcom by 1,099.3% during the 3rd quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer’s stock valued at $2,944,000 after purchasing an additional 8,179 shares during the last quarter. Aspen Wealth Strategies LLC increased its stake in Broadcom by 174.7% during the 2nd quarter. Aspen Wealth Strategies LLC now owns 23,673 shares of the semiconductor manufacturer’s stock valued at $6,525,000 after purchasing an additional 15,055 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its holdings in Broadcom by 107.6% in the second quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer’s stock worth $4,555,000 after buying an additional 8,566 shares during the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Broadcom news, Director Harry L. You bought 1,000 shares of Broadcom stock in a transaction on Thursday, December 18th. The stock was acquired at an average cost of $325.13 per share, with a total value of $325,130.00. Following the completion of the acquisition, the director owned 36,602 shares in the company, valued at approximately $11,900,408.26. This represents a 2.81% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Hock E. Tan sold 70,000 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total transaction of $24,311,000.00. Following the completion of the transaction, the chief executive officer owned 132,836 shares in the company, valued at $46,133,942.80. The trade was a 34.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 779,101 shares of company stock worth $283,804,325. Company insiders own 2.00% of the company’s stock.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 beat and strong guidance — Broadcom reported $2.05 EPS vs. ~$2.03 consensus and $19.31B revenue (up ~29.5% YoY). Management guided Q2 revenue around $22.0B (well above consensus) and announced a $10B buyback, signaling confidence in demand. Broadcom Q1 results & buyback (PR Newswire)
• Positive Sentiment: AI revenue surge and long-term AI thesis — AI semiconductor sales more than doubled (reported ~106% YoY, ~$8.4B), and CEO Hock Tan projected AI chip sales “significantly in excess of $100B” in 2027 — comments that pushed investor conviction around sustainable AI demand. Reuters: Broadcom >$100B AI chip sales outlook
• Positive Sentiment: Wall Street upgrades and higher price targets — Multiple firms raised ratings/targets (JPMorgan, Citigroup, Truist, Rosenblatt and others), driving momentum and providing fresh buy-side support. Finbold: Analysts upgrade Broadcom after earnings
• Neutral Sentiment: Product progress and roadmap — Broadcom has started shipping advanced 3.5D/2nm custom compute SoCs and added XPU customers, which supports longer-term competitive positioning but will take time to translate into sustained margin expansion. Yahoo Finance: Broadcom ships 3.5D compute SoC
• Neutral Sentiment: Sector tailwinds — The broad semiconductor/AI capex theme is lifting interest in AVGO via ETFs and sector flows; this supports multiple catalysts but also ties AVGO to broader chip-cycle sentiment. MarketBeat: AI capex and semiconductor ETFs
• Negative Sentiment: Software segment weakness — Infrastructure software (including VMware-related revenue) grew only ~1% YoY, and analysts/writers flagged software as a drag that could limit overall margin upside. WSJ: AI business booming; software complicated
• Negative Sentiment: Regulatory/export risk and analyst caution — Reports that U.S. export rules for AI chips could tighten and at least one analyst downgrade/trading reaction introduce execution and geopolitical risk that could re-rate multiples. Investopedia: potential new export rules American Banking News: trading down after downgrade

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on AVGO shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 target price on shares of Broadcom in a research note on Monday, January 5th. Morgan Stanley upped their price objective on Broadcom from $443.00 to $462.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. Wall Street Zen upgraded Broadcom from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Royal Bank Of Canada decreased their price target on Broadcom from $370.00 to $340.00 and set a “sector perform” rating for the company in a research note on Monday. Finally, Zacks Research downgraded Broadcom from a “strong-buy” rating to a “hold” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $435.03.

Broadcom Price Performance

NASDAQ AVGO opened at $332.97 on Friday. The stock has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 65.03, a PEG ratio of 1.02 and a beta of 1.22. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. The business’s fifty day moving average price is $334.17 and its 200-day moving average price is $342.61.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping the consensus estimate of $2.03 by $0.02. The company had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. Broadcom had a return on equity of 39.28% and a net margin of 36.57%.Broadcom’s revenue was up 29.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 earnings per share. On average, equities analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s payout ratio is currently 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.