Milestone Asset Management LLC Buys 12,826 Shares of Broadcom Inc. $AVGO

Milestone Asset Management LLC grew its stake in Broadcom Inc. (NASDAQ:AVGO) by 1,077.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,016 shares of the semiconductor manufacturer’s stock after purchasing an additional 12,826 shares during the period. Milestone Asset Management LLC’s holdings in Broadcom were worth $4,851,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of AVGO. Arrowstreet Capital Limited Partnership grew its stake in shares of Broadcom by 499.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,634,232 shares of the semiconductor manufacturer’s stock valued at $1,858,789,000 after purchasing an additional 4,694,313 shares during the period. Nordea Investment Management AB grew its stake in shares of Broadcom by 47.5% in the 4th quarter. Nordea Investment Management AB now owns 9,814,757 shares of the semiconductor manufacturer’s stock valued at $3,406,211,000 after purchasing an additional 3,160,586 shares during the period. Danske Bank A S bought a new stake in shares of Broadcom in the 3rd quarter valued at approximately $987,488,000. Massachusetts Financial Services Co. MA grew its stake in shares of Broadcom by 41.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,520,644 shares of the semiconductor manufacturer’s stock valued at $2,811,046,000 after purchasing an additional 2,503,304 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its stake in shares of Broadcom by 212.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,016,048 shares of the semiconductor manufacturer’s stock valued at $332,714,000 after purchasing an additional 1,919,017 shares during the period. 76.43% of the stock is currently owned by institutional investors.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom secured a multi?year AI chip deal with Meta that targets large, multi?GW deployments — this strengthens AVGO’s high?margin data?center revenue visibility and supports recurring, multi?year demand. Broadcom just reached a 3-year AI chip deal with Meta
• Positive Sentiment: Market milestone: Broadcom recently crossed a $2 trillion market capitalization, a signal of investor confidence and momentum that can attract more passive flows and headline buying. Broadcom Just Hit $2 Trillion Market Cap. Is AVGO Stock a Buy Now?
• Positive Sentiment: Product/market expansion: Broadcom unveiled its fourth wave of Wi?Fi 8 chips and an optimized 10G PON solution to push multi?gig broadband at scale — a win for service?provider adoption and long?term silicon content per subscriber. Broadcom Accelerates Multi-Gig Broadband with Optimized 10G-PON and Wi-Fi 8 Solutions for Mass Market
• Positive Sentiment: AI capex tailwinds: Multiple reports show Big Tech lifting AI infrastructure spend (hundreds of billions through 2026), underpinning demand for Broadcom’s networking and AI?inference silicon. Analysts have nudged estimates higher, reinforcing bullish revenue/earnings trajectories. Big Techs Assure Lasting AI Frenzy – Which Stocks Will Gain?
• Positive Sentiment: Institutional buying and analyst support: Alecta boosted its Broadcom stake and some shops have raised FY estimates modestly — signals that professional investors are adding to positions. Alecta Pensionsforsakring Boosts Broadcom Stake
• Neutral Sentiment: Peer/sector context: Coverage comparing AVGO vs. AMD and NVDA notes Broadcom benefits from diversified networking + AI exposure, but relative performance can swing with Big Tech spending updates. This is background context for investors sizing exposure. Why AMD, AVGO are outperforming Nvidia after Big Tech earnings
• Negative Sentiment: Valuation concerns: Commentary warns investors may be “pricing in perfection” — Broadcom’s premium valuation raises the risk of pullbacks if growth or margin expectations slip. Broadcom: Investors Are Pricing In Perfection
• Negative Sentiment: Short?term volatility risks: Recent AI/sector headlines (OpenAI caution, Nvidia digesting huge guidance) have shown the group can swing on sentiment, which could produce sharp intraday moves in AVGO. Semiconductor Stocks Tumble on OpenAI Warning

Broadcom Stock Up 3.0%

NASDAQ:AVGO opened at $417.43 on Friday. The stock’s fifty day moving average price is $347.36 and its two-hundred day moving average price is $349.80. Broadcom Inc. has a 52-week low of $195.94 and a 52-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 company has a market cap of $1.98 trillion, a price-to-earnings ratio of 81.53, a P/E/G ratio of 0.84 and a beta of 1.24.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data 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 return on equity of 38.61% and a net margin of 36.57%.The firm had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $19.10 billion. During the same quarter in the prior year, the business earned $1.60 EPS. The business’s revenue for the quarter was up 29.5% compared to the same quarter last year. On average, analysts anticipate that Broadcom Inc. will post 9.95 EPS for the current year.

Broadcom Announces Dividend

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

Analysts Set New Price Targets

Several research firms have recently weighed in on AVGO. The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 price objective on shares of Broadcom in a research note on Monday, January 5th. Seaport Research Partners reissued a “neutral” rating on shares of Broadcom in a report on Wednesday, April 8th. Truist Financial boosted their target price on Broadcom from $510.00 to $545.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Benchmark reissued a “buy” rating and issued a $485.00 target price on shares of Broadcom in a report on Thursday, March 5th. Finally, Royal Bank Of Canada reduced their target price on Broadcom from $370.00 to $340.00 and set a “sector perform” rating on the stock in a report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $435.30.

Insider Transactions at Broadcom

In other Broadcom news, CFO Kirsten M. Spears sold 36,292 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $11,671,507.20. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider S. Ram Velaga sold 38,841 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $12,491,265.60. Following the transaction, the insider directly owned 96,147 shares in the company, valued at approximately $30,920,875.20. This represents a 28.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 324,282 shares of company stock worth $106,425,249 in the last quarter. 1.90% of the stock is owned by corporate insiders.

About Broadcom

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.