Broadcom Inc. $AVGO is F m Investments LLC’s 5th Largest Position

F m Investments LLC lowered its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 2.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 268,505 shares of the semiconductor manufacturer’s stock after selling 7,315 shares during the quarter. Broadcom accounts for about 3.5% of F m Investments LLC’s holdings, making the stock its 5th biggest holding. F m Investments LLC’s holdings in Broadcom were worth $92,930,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Ridgeline Wealth Planning LLC lifted its position in shares of Broadcom by 24.1% in the 4th quarter. Ridgeline Wealth Planning LLC now owns 1,225 shares of the semiconductor manufacturer’s stock worth $424,000 after purchasing an additional 238 shares during the period. LJI Wealth Management LLC lifted its position in shares of Broadcom by 1.0% in the 4th quarter. LJI Wealth Management LLC now owns 3,685 shares of the semiconductor manufacturer’s stock worth $1,275,000 after purchasing an additional 35 shares during the period. Manning & Napier Advisors LLC lifted its position in shares of Broadcom by 203.9% in the 4th quarter. Manning & Napier Advisors LLC now owns 310 shares of the semiconductor manufacturer’s stock worth $108,000 after purchasing an additional 208 shares during the period. Burr Financial Services LLC lifted its position in shares of Broadcom by 5.3% in the 4th quarter. Burr Financial Services LLC now owns 39,042 shares of the semiconductor manufacturer’s stock worth $13,512,000 after purchasing an additional 1,966 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its position in shares of Broadcom by 8.9% in the 4th quarter. Crossmark Global Holdings Inc. now owns 404,900 shares of the semiconductor manufacturer’s stock worth $140,136,000 after purchasing an additional 32,954 shares during the period. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Trading Down 3.3%

Shares of NASDAQ AVGO opened at $425.19 on Friday. Broadcom Inc. has a 1 year low of $221.60 and a 1 year high of $442.36. The stock has a market cap of $2.01 trillion, a P/E ratio of 83.05, a price-to-earnings-growth ratio of 0.91 and a beta of 1.43. The firm has a 50-day moving average of $365.61 and a 200 day moving average of $354.62. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73.

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

Broadcom Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AVGO. Truist Financial lifted their price target on Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Erste Group Bank lowered Broadcom from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. DA Davidson upgraded Broadcom to a “hold” rating in a research report on Friday, February 13th. Wolfe Research upgraded Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price target on the stock in a research report on Friday, January 30th. Finally, Rosenblatt Securities restated a “buy” rating and set a $500.00 price target on shares of Broadcom in a research report on Tuesday, April 7th. Two 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $441.63.

Insider Buying and Selling at Broadcom

In other Broadcom news, insider S. Ram Velaga sold 38,841 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $12,491,265.60. Following the completion of the sale, the insider directly owned 96,147 shares in the company, valued at approximately $30,920,875.20. This trade represents a 28.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark David Brazeal sold 50,488 shares of Broadcom stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $16,236,940.80. Following the completion of the transaction, the insider directly owned 278,141 shares of the company’s stock, valued at $89,450,145.60. This trade represents a 15.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 324,282 shares of company stock valued at $106,425,249. Insiders own 1.90% of the company’s stock.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom remains a favored way to play AI infrastructure, with multiple recent articles highlighting its growing exposure to custom AI silicon, data-center networking, and AI semiconductor revenue. Citi also raised its price target to $500, reinforcing optimism ahead of the next earnings report.
• Positive Sentiment: Wells Fargo lifted its price target to $545 and said AI semiconductor revenue is running 30% to 40% above expectations, suggesting Broadcom may still be benefiting from stronger-than-expected hyperscaler spending.
• Positive Sentiment: Recent investor interest has also been supportive, with hedge fund and prominent manager buying cited in several notes, alongside Broadcom being named among top tech stocks to own as AI optimism continues to drive the market.
• Neutral Sentiment: Broadcom was also mentioned in a broader AI rotation piece that argues the next leg of the rally may be in AI bottlenecks such as optics, networking, and memory rather than only the most obvious chip winners. Broadcom was specifically named as one of the companies positioned to benefit from optical interconnect demand.
• Negative Sentiment: UBS warned that AI stocks, including Broadcom, are increasingly crowded trades, raising the risk of a pullback if enthusiasm cools or if investors rotate out of mega-cap semiconductors.
• Negative Sentiment: Some commentary also suggests the AI chip rally may be masking broader market weakness, which can make even strong names like Broadcom vulnerable to profit-taking after a powerful advance.

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.