Broadcom Inc. $AVGO Shares Sold by Triglav Investments D.O.O.

Triglav Investments D.O.O. decreased its position in Broadcom Inc. (NASDAQ:AVGO) by 4.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 159,984 shares of the semiconductor manufacturer’s stock after selling 7,417 shares during the quarter. Broadcom comprises about 3.5% of Triglav Investments D.O.O.’s holdings, making the stock its 8th largest position. Triglav Investments D.O.O.’s holdings in Broadcom were worth $55,368,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Zhang Financial LLC increased its stake in shares of Broadcom by 8.3% during the 4th quarter. Zhang Financial LLC now owns 23,634 shares of the semiconductor manufacturer’s stock valued at $8,180,000 after acquiring an additional 1,817 shares during the last quarter. Fideuram Asset Management Ireland dac acquired a new position in shares of Broadcom during the 4th quarter valued at about $29,199,000. Principia Wealth Advisory LLC increased its stake in shares of Broadcom by 14.3% during the 4th quarter. Principia Wealth Advisory LLC now owns 264 shares of the semiconductor manufacturer’s stock valued at $91,000 after acquiring an additional 33 shares during the last quarter. Telligent Fund LP increased its stake in shares of Broadcom by 8.3% during the 4th quarter. Telligent Fund LP now owns 26,000 shares of the semiconductor manufacturer’s stock valued at $8,999,000 after acquiring an additional 2,000 shares during the last quarter. Finally, National Pension Service increased its stake in shares of Broadcom by 2.9% during the 4th quarter. National Pension Service now owns 9,117,184 shares of the semiconductor manufacturer’s stock valued at $3,155,457,000 after acquiring an additional 257,019 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Wall Street Analyst Weigh In

AVGO has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Broadcom from $475.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, March 5th. Susquehanna reaffirmed a “positive” rating and set a $490.00 price objective (up from $450.00) on shares of Broadcom in a research note on Thursday, May 28th. DA Davidson raised shares of Broadcom to a “hold” rating in a research note on Friday, February 13th. Wall Street Zen downgraded shares of Broadcom from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $545.00 price objective (up from $430.00) on shares of Broadcom in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $455.07.

Insider Buying and Selling

In other Broadcom news, insider Mark David Brazeal sold 50,488 shares of the company’s stock in a transaction that occurred 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 transaction, the insider owned 278,141 shares in the company, valued at $89,450,145.60. This represents a 15.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kirsten M. Spears sold 36,292 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $11,671,507.20. Following the completion of the transaction, the chief financial officer owned 327,760 shares of the company’s stock, valued at approximately $105,407,616. This represents a 9.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 324,282 shares of company stock worth $106,425,249 in the last 90 days. 1.90% of the stock is owned by insiders.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is benefiting from the broader AI infrastructure buildout, especially Alphabet’s fundraising plans for more AI spending, which investors see as a tailwind for AI chip suppliers. Broadcom Stock Hit Another Record High. Why Google’s Big AI Buildout Is a Boon for the Chipmaker
• Positive Sentiment: Oppenheimer reiterated a Buy rating on Broadcom ahead of earnings, signaling confidence that the company can deliver a strong quarter and support the stock’s premium valuation. Veteran Bank Makes Big Broadcom Call Before Earnings Report
• Positive Sentiment: Multiple recent notes raised price targets on Broadcom, including Morgan Stanley and Susquehanna, adding to bullish sentiment into the earnings report. Susquehanna and UBS Raise Broadcom (AVGO) Price Target Ahead of Results
• Positive Sentiment: Broadcom’s networking and AI-edge product announcements, including Wi-Fi 8 and broadband chips with AI capabilities, reinforce the company’s role in the AI ecosystem. Broadcom Connects the AI Edge with Comprehensive Multi-Gig Broadband and Wi-Fi 8 Innovations
• Neutral Sentiment: Analysts expect strong AI-related semiconductor revenue growth and VMware-led software contributions in the upcoming quarter, but investors are also watching for margin pressure from lower-margin XPU sales. Will Higher Semiconductor Revenues Help AVGO Stock Beat Q2 Earnings?
• Neutral Sentiment: Broadcom is trading at a premium valuation ahead of earnings, so while the AI story is strong, the stock may need a near-perfect report to keep the rally going. Broadcom Stock Hits Record High Ahead of Earnings
• Negative Sentiment: One published bearish view suggests some investors are positioning against Broadcom heading into earnings, reflecting concern that expectations may already be very high. Broadcom Inc. (AVGO): Leopold Aschenbrenner Reveals Bearish Bet

Broadcom Stock Up 4.7%

Shares of NASDAQ:AVGO opened at $481.57 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. Broadcom Inc. has a 1 year low of $241.11 and a 1 year high of $488.82. The stock has a market capitalization of $2.28 trillion, a P/E ratio of 94.06, a PEG ratio of 0.95 and a beta of 1.41. The stock has a 50-day simple moving average of $386.31 and a 200-day simple moving average of $359.32.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.02. The firm had revenue of $19.31 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.60 EPS. Equities analysts forecast that Broadcom Inc. will post 9.91 earnings per share for the current year.

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.