Broadcom Inc. $AVGO Stock Holdings Lessened by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC trimmed its position in Broadcom Inc. (NASDAQ:AVGO) by 4.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,648 shares of the semiconductor manufacturer’s stock after selling 3,385 shares during the quarter. Broadcom makes up approximately 1.6% of Verdence Capital Advisors LLC’s portfolio, making the stock its 9th biggest holding. Verdence Capital Advisors LLC’s holdings in Broadcom were worth $26,528,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of AVGO. JCIC Asset Management Inc. purchased a new stake in Broadcom in the third quarter valued at approximately $31,000. Miller Global Investments LLC purchased a new stake in Broadcom in the fourth quarter valued at approximately $31,000. Nvest Wealth Strategies Inc. purchased a new stake in Broadcom in the fourth quarter valued at approximately $33,000. Manning & Napier Advisors LLC purchased a new stake in Broadcom in the third quarter valued at approximately $34,000. Finally, Family CFO Inc purchased a new stake in Broadcom in the fourth quarter valued at approximately $35,000. 76.43% of the stock is owned by hedge funds and other institutional investors.

Broadcom Stock Performance

NASDAQ:AVGO opened at $416.41 on Tuesday. The firm has a market cap of $1.97 trillion, a PE ratio of 81.33, a price-to-earnings-growth ratio of 0.87 and a beta of 1.43. Broadcom Inc. has a fifty-two week low of $195.94 and a fifty-two week high of $429.31. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. The business has a 50 day moving average price of $347.36 and a 200-day moving average price of $349.79.

Broadcom (NASDAQ:AVGO) last issued its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $19.10 billion. During the same quarter last year, the business earned $1.60 earnings per share. The business’s revenue was up 29.5% on a year-over-year basis. Equities research analysts predict 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. Stockholders of record on Monday, March 23rd were issued a $0.65 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. Broadcom’s dividend payout ratio (DPR) is currently 50.78%.

Insider Activity

In other news, CFO Kirsten M. Spears sold 36,292 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total value of $11,671,507.20. Following the transaction, the chief financial officer owned 327,760 shares in the company, valued at approximately $105,407,616. This trade represents a 9.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Charlie B. Kawwas sold 39,116 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $321.61, for a total transaction of $12,580,096.76. Following the completion of the transaction, the insider owned 74,626 shares in the company, valued at $24,000,467.86. This represents a 34.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 324,282 shares of company stock worth $106,425,249 over the last ninety days. Company insiders own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Benchmark reaffirmed a “buy” rating and issued a $485.00 target price on shares of Broadcom in a research note on Thursday, March 5th. Zacks Research raised shares of Broadcom from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 2nd. Mizuho restated an “outperform” rating and issued a $480.00 target price on shares of Broadcom in a research report on Thursday, April 16th. Citigroup upped their target price on Broadcom from $458.00 to $475.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, Bank of America decreased their price target on shares of Broadcom from $500.00 to $450.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $435.30.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Multiple reports highlight runaway AI-driven chip demand that benefits Broadcom’s data?center and AI product lines, reinforcing growth expectations for the company. Bernstein Analyst: AI Agents Drive Chip Demand ‘Off the Charts,’ Supply Can’t Keep Up
• Positive Sentiment: Analyses and roundup pieces name Broadcom as an AI infrastructure beneficiary alongside Nvidia and others, supporting upside expectations from continued cloud/AI capex. AI Enthusiasm Powers Nasdaq to All-Time High: 3 Stocks to Grab
• Positive Sentiment: Broadcom’s product cadence remains constructive: a new Wi?Fi 8 and 10G PON chip launch broadens its broadband TAM and supports secular growth outside pure AI. Broadcom’s New Wi?Fi 8 Push Adds Another Leg To Growth Story
• Neutral Sentiment: Broadcom set its Q2 FY2026 earnings date (June 3) — a routine timing announcement that typically increases short?term positioning and volatility into the release. Broadcom Inc. to Announce Second Quarter Fiscal Year 2026 Financial Results on Wednesday, June 3, 2026
• Neutral Sentiment: Coverage pieces discussing which AI chip names “won” in April and broader thematic takes on where AI economics live may sway rotation between peers rather than change Broadcom’s fundamentals immediately. Broadcom, Qualcomm, or TSMC: Why One AI Chip Stock Won Decisively in April
• Negative Sentiment: Short?term weakness was flagged in market coverage noting Broadcom “dipped more than the broader market” today — suggesting intraday profit?taking or sector rotation despite the positive backdrop. Why Broadcom Inc. (AVGO) Dipped More Than Broader Market Today
• Negative Sentiment: Articles questioning the signal from optimistic analyst ratings could amplify selling if investors treat consensus bullishness as a valuation risk rather than fresh conviction. Wall Street Bulls Look Optimistic About Broadcom Inc. (AVGO): Should You Buy?

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.