2,000 Shares in Broadcom Inc. $AVGO Purchased by Cornerstone Enterprises LLC

Cornerstone Enterprises LLC purchased a new position in shares of Broadcom Inc. (NASDAQ:AVGO) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 2,000 shares of the semiconductor manufacturer’s stock, valued at approximately $692,000. Broadcom accounts for 0.3% of Cornerstone Enterprises LLC’s investment portfolio, making the stock its 26th biggest holding.

Several other large investors also recently modified their holdings of the stock. Mowery & Schoenfeld Wealth Management LLC raised its holdings in shares of Broadcom by 31.6% in the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 1,402 shares of the semiconductor manufacturer’s stock worth $485,000 after buying an additional 337 shares in the last quarter. LifeSteps Financial Inc. lifted its position in shares of Broadcom by 23.8% during the 4th quarter. LifeSteps Financial Inc. now owns 1,457 shares of the semiconductor manufacturer’s stock worth $504,000 after buying an additional 280 shares during the period. Cape ANN Savings Bank boosted its stake in Broadcom by 11.7% in the 4th quarter. Cape ANN Savings Bank now owns 4,959 shares of the semiconductor manufacturer’s stock valued at $1,716,000 after buying an additional 518 shares in the last quarter. Arkansas Financial Group Inc. grew its position in Broadcom by 6.4% in the fourth quarter. Arkansas Financial Group Inc. now owns 837 shares of the semiconductor manufacturer’s stock valued at $290,000 after acquiring an additional 50 shares during the period. Finally, Diversified Enterprises LLC grew its position in Broadcom by 61.3% in the fourth quarter. Diversified Enterprises LLC now owns 12,672 shares of the semiconductor manufacturer’s stock valued at $4,386,000 after acquiring an additional 4,817 shares during the period. 76.43% of the stock is currently owned by institutional investors.

Broadcom Trading Up 0.9%

AVGO opened at $421.28 on Friday. Broadcom Inc. has a 1-year low of $195.94 and a 1-year high of $429.31. The stock has a market capitalization of $1.99 trillion, a PE ratio of 82.28, a PEG ratio of 0.86 and a beta of 1.43. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80. The firm has a 50-day moving average price of $347.36 and a two-hundred day moving average price of $349.80.

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

Broadcom Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on AVGO shares. Morgan Stanley lifted their price objective on Broadcom from $462.00 to $470.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Citigroup increased their target price on shares of Broadcom from $458.00 to $475.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Truist Financial lifted their price target on shares of Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Wells Fargo & Company upgraded shares of Broadcom from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $410.00 to $430.00 in a research report on Thursday, January 15th. Finally, Benchmark reaffirmed a “buy” rating and set a $485.00 price objective on shares of Broadcom in a report on Thursday, March 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Broadcom currently has an average rating of “Moderate Buy” and a consensus price target of $435.30.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: AI demand and bullish fiscal outlook — Analysts point to surging AI revenues, new XPU and networking products and a bullish fiscal?2026 outlook as the core growth thesis supporting AVGO’s rally. Broadcom Shares Trade Near 52-Week High: Can the Rally Continue?
• Positive Sentiment: Large customer deals — Reports say Broadcom reached a multi?year AI chip agreement with Meta, boosting near?term revenue visibility from a top hyperscaler. Broadcom just reached a 3-year AI chip deal with Meta. Does that make AVGO stock a buy?
• Positive Sentiment: Hyperscaler capex tailwinds — Strong Google and Meta earnings and guidance point to continued AI capex (TPUs, custom networking), directly supporting Broadcom’s product demand outlook. Big-Tech Earnings: Google and Meta’s Results Support Broadcom’s Outlook
• Positive Sentiment: Product and market?cap milestones — Broadcom unveiled Wi?Fi 8 and optimized 10G PON chips for broadband and recently crossed roughly a $2 trillion valuation, reinforcing market confidence in both product roadmap and scale. Broadcom Accelerates Multi?Gig Broadband with Optimized 10G PON and Wi?Fi 8 Solutions for Mass Market
• Neutral Sentiment: Institutional buying — Notable investors and funds have increased stakes in AVGO, signaling confidence but not guaranteeing further upside. Alecta Pensionsforsakring Boosts Broadcom Stake by 398,900 Shares
• Neutral Sentiment: Sector rotation and comparisons — Commentary comparing AVGO to peers (AMD, NVDA) highlights relative strength but also shows investors weighing which chip names will best capture the AI build?out. Why AMD, AVGO are outperforming Nvidia after Big Tech earnings
• Negative Sentiment: Overbought / supply risk — A Schwab analyst warns chip stocks have experienced a sharp rally and face “overhead supply” risk, suggesting potential pullbacks or increased volatility if buyers pause. Schwab Analyst: Chip Stocks Face ‘Overhead Supply’ Risk After 50% Rally Off March Lows

Insider Activity at Broadcom

In related news, Director Gayla J. Delly sold 1,000 shares of Broadcom stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $358.31, for a total value of $358,310.00. Following the completion of the sale, the director directly owned 32,352 shares in the company, valued at $11,592,045.12. This trade represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider S. Ram Velaga sold 8,000 shares of the business’s stock in a transaction dated 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 sale, the insider directly owned 57,932 shares of the company’s stock, valued at $21,464,964.64. This represents a 12.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 324,282 shares of company stock valued at $106,425,249 over the last quarter. 1.90% of the stock is currently owned by corporate insiders.

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.