Financial Plan Inc. Takes $430,000 Position in Broadcom Inc. $AVGO

Financial Plan Inc. purchased a new stake in shares of Broadcom Inc. (NASDAQ:AVGO) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 1,242 shares of the semiconductor manufacturer’s stock, valued at approximately $430,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Baring Financial LLC increased its position in shares of Broadcom by 2.2% during the 4th quarter. Baring Financial LLC now owns 1,359 shares of the semiconductor manufacturer’s stock valued at $470,000 after purchasing an additional 29 shares during the last quarter. Five Oceans Advisors increased its position in shares of Broadcom by 0.4% during the 4th quarter. Five Oceans Advisors now owns 8,191 shares of the semiconductor manufacturer’s stock valued at $2,835,000 after purchasing an additional 29 shares during the last quarter. Jackson Hole Capital Partners LLC increased its position in shares of Broadcom by 1.4% during the 3rd quarter. Jackson Hole Capital Partners LLC now owns 2,170 shares of the semiconductor manufacturer’s stock valued at $716,000 after purchasing an additional 30 shares during the last quarter. Private Wealth Partners LLC increased its position in shares of Broadcom by 0.7% during the 3rd quarter. Private Wealth Partners LLC now owns 4,273 shares of the semiconductor manufacturer’s stock valued at $1,410,000 after purchasing an additional 30 shares during the last quarter. Finally, Planning Alternatives Ltd. ADV increased its position in shares of Broadcom by 1.4% during the 3rd quarter. Planning Alternatives Ltd. ADV now owns 2,168 shares of the semiconductor manufacturer’s stock valued at $715,000 after purchasing an additional 30 shares during the last quarter. 76.43% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Broadcom news, insider S. Ram Velaga sold 8,000 shares of the company’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $370.52, for a total value of $2,964,160.00. Following the completion of the sale, the insider directly owned 57,932 shares in the company, valued at approximately $21,464,964.64. This represents a 12.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark David Brazeal sold 50,488 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $16,236,940.80. Following the completion of the sale, the insider owned 278,141 shares of the company’s stock, valued at $89,450,145.60. This represents a 15.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 324,282 shares of company stock worth $106,425,249. 1.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

AVGO has been the topic of several analyst reports. Erste Group Bank downgraded Broadcom from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. JPMorgan Chase & Co. boosted their target price on Broadcom from $475.00 to $500.00 and gave the company an “overweight” rating in a research report on Thursday, March 5th. Wolfe Research raised Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 target price on the stock in a research report on Friday, January 30th. Weiss Ratings downgraded Broadcom from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Finally, Mizuho reaffirmed an “outperform” rating and issued a $480.00 price objective on shares of Broadcom in a research report on Thursday, April 16th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Broadcom currently has an average rating of “Moderate Buy” and a consensus target price of $435.30.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 AI revenue reportedly rose ~106% YoY; Broadcom is shipping Tomahawk 6 at scale and has a Meta chip pact targeting multi?GW capacity — underpins revenue/margin upside from AI datacenter builds. AVGO Rides AI Boom: Explosive Growth in Semiconductor Fuels Outlook
• Positive Sentiment: Broadcom’s deeper ties to Google Cloud and the market reaction to Google’s custom AI chips have supported a market?cap rally and reinforce Broadcom’s role in hyperscaler AI infrastructure. As Broadcom Deepens Its Google Cloud Ties, Should You Buy AVGO Stock?
• Positive Sentiment: Wall Street momentum: many bullish analyst takes and inclusion in AI?focused stock lists are helping sentiment and buyer interest. High analyst buy ratios and bullish writeups support further upside expectations. The Street is Bullish on Broadcom Inc. (AVGO), Here’s What the Analysts Think About the Stock
• Neutral Sentiment: Analyst model tweaks are modestly higher (Erste slightly raised FY2026/27 EPS), but ratings remain mixed (some Holds), so upgrades are incremental rather than structural. MarketBeat AVGO Coverage / Analyst Notes
• Negative Sentiment: Market angst from reports that OpenAI missed internal targets has triggered short?term selling across AI infrastructure names, including Broadcom — heightening sensitivity to AI capex cycles. Semiconductor Stocks Tumble on OpenAI Warning. Google Says The Market Has It All Wrong
• Negative Sentiment: Valuation concerns: several pieces argue investors are “pricing in perfection,” pointing to rich multiples and the risk of any slowdown in hyperscaler spending weighing on the stock. Broadcom: Investors Are Pricing In Perfection

Broadcom Stock Performance

Shares of Broadcom stock opened at $405.45 on Thursday. The stock’s fifty day moving average is $345.69 and its two-hundred day moving average is $349.33. The company has a market capitalization of $1.92 trillion, a PE ratio of 79.19, a price-to-earnings-growth ratio of 0.86 and a beta of 1.24. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80. Broadcom Inc. has a 52 week low of $184.02 and a 52 week high of $429.31.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, beating the consensus estimate of $2.03 by $0.02. The company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.Broadcom’s quarterly revenue was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.60 EPS. As a group, analysts expect that Broadcom Inc. will post 9.95 earnings per share for the current year.

Broadcom Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, March 23rd. Broadcom’s dividend payout ratio is currently 50.78%.

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.