Yelin Lapidot Holdings Management Ltd. Takes $845,000 Position in Broadcom Inc. $AVGO

Yelin Lapidot Holdings Management Ltd. acquired a new position in Broadcom Inc. (NASDAQ:AVGO) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 2,730 shares of the semiconductor manufacturer’s stock, valued at approximately $845,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Red Door Wealth Management LLC increased its stake in Broadcom by 3.6% during the first quarter. Red Door Wealth Management LLC now owns 36,989 shares of the semiconductor manufacturer’s stock valued at $11,449,000 after acquiring an additional 1,283 shares during the period. LifeSteps Financial Inc. grew its holdings in shares of Broadcom by 2.8% during the 1st quarter. LifeSteps Financial Inc. now owns 1,498 shares of the semiconductor manufacturer’s stock worth $464,000 after purchasing an additional 41 shares in the last quarter. Princeton Global Asset Management LLC grew its holdings in shares of Broadcom by 0.6% during the 1st quarter. Princeton Global Asset Management LLC now owns 116,523 shares of the semiconductor manufacturer’s stock worth $36,065,000 after purchasing an additional 715 shares in the last quarter. Aspire Private Capital LLC raised its stake in shares of Broadcom by 1.7% in the first quarter. Aspire Private Capital LLC now owns 8,044 shares of the semiconductor manufacturer’s stock valued at $2,490,000 after purchasing an additional 137 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its position in Broadcom by 79.7% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 35,024 shares of the semiconductor manufacturer’s stock worth $10,840,000 after purchasing an additional 15,538 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: UBS reaffirmed a Buy rating on Broadcom and kept a $485 price target, citing strong AI ASIC demand and growth tied to customers like OpenAI and Anthropic. UBS Reaffirms Buy Rating on Broadcom (AVGO) Amid AI ASIC Demand and OpenAI, Anthropic Growth
• Positive Sentiment: Jefferies also reiterated a Buy rating and a $550 price target, reinforcing the view that Broadcom still has meaningful upside from current levels. Analyst updates Broadcom (AVGO) stock price target
• Positive Sentiment: Several articles highlighted Broadcom’s growing role in custom AI silicon and its partnership with OpenAI on the “Jalapeño” AI accelerator, which supports the bullish narrative around its AI revenue opportunity. What Broadcom (AVGO)’s Jalapeño AI Accelerator Partnership With OpenAI Means For Shareholders
• Neutral Sentiment: Erste Group Bank slightly raised FY2026 and FY2027 earnings estimates for Broadcom and kept a Buy rating, adding to the list of supportive but not market-moving analyst updates.
• Neutral Sentiment: Market commentary continues to frame Broadcom as a strong growth stock and a key AI beneficiary, but these are mostly reiterations of the bullish long-term thesis rather than new catalysts.
• Negative Sentiment: Director Justine Page sold 1,602 shares at an average price of $373.86, extending recent insider-selling headlines that can weigh on investor sentiment. SEC Form 4 filing for Justine Page sale
• Negative Sentiment: Broader articles about Broadcom’s recent slump and questions about valuation suggest investors are becoming more cautious after the stock’s strong run, even with bullish analysts arguing the weakness is a buying opportunity.

Wall Street Analysts Forecast Growth

AVGO has been the subject of a number of recent research reports. Citigroup restated a “buy” rating on shares of Broadcom in a research note on Thursday, June 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $515.00 price target (up from $430.00) on shares of Broadcom in a research note on Thursday, June 4th. Zacks Research cut Broadcom from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. DA Davidson boosted their price target on Broadcom from $375.00 to $400.00 and gave the company a “neutral” rating in a research note on Thursday, June 4th. Finally, Seaport Research Partners reiterated a “neutral” rating on shares of Broadcom in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $493.24.

Insider Buying and Selling

In related news, Director Harry L. You bought 1,000 shares of Broadcom stock in a transaction dated Thursday, June 11th. The shares were bought at an average cost of $373.57 per share, for a total transaction of $373,570.00. Following the completion of the transaction, the director owned 38,466 shares of the company’s stock, valued at approximately $14,369,743.62. This trade represents a 2.67% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider S. Ram Velaga sold 17,260 shares of the stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $352.12, for a total transaction of $6,077,591.20. Following the sale, the insider directly owned 65,932 shares in the company, valued at $23,215,975.84. This trade represents a 20.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 60,987 shares of company stock valued at $21,899,980. Insiders own 1.90% of the company’s stock.

Broadcom Price Performance

Broadcom stock opened at $369.34 on Thursday. The business’s fifty day moving average is $410.00 and its two-hundred day moving average is $362.34. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.24. The firm has a market cap of $1.76 trillion, a P/E ratio of 61.56, a P/E/G ratio of 0.66 and a beta of 1.45. Broadcom Inc. has a 52 week low of $262.73 and a 52 week high of $495.00.

Broadcom (NASDAQ:AVGO) last announced its earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.04. Broadcom had a return on equity of 41.61% and a net margin of 38.85%.The company had revenue of $22.19 billion during the quarter, compared to analyst estimates of $22.13 billion. During the same period last year, the company posted $1.58 earnings per share. The firm’s quarterly revenue was up 47.9% compared to the same quarter last year. Equities research analysts forecast that Broadcom Inc. will post 10.24 earnings per share for the current fiscal year.

Broadcom Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, June 22nd. Broadcom’s dividend payout ratio (DPR) is presently 43.33%.

Broadcom Company 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.