Berry Wealth Group LP Has $3.81 Million Stock Holdings in Broadcom Inc. $AVGO

Berry Wealth Group LP lessened its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 75.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,533 shares of the semiconductor manufacturer’s stock after selling 34,663 shares during the period. Broadcom makes up about 12.4% of Berry Wealth Group LP’s portfolio, making the stock its biggest holding. Berry Wealth Group LP’s holdings in Broadcom were worth $3,805,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Palo Alto Wealth Advisors LLC boosted its holdings in Broadcom by 87.9% in the third quarter. Palo Alto Wealth Advisors LLC now owns 5,331 shares of the semiconductor manufacturer’s stock worth $1,876,000 after acquiring an additional 2,494 shares in the last quarter. Walled Lake Planning & Wealth Management LLC raised its stake in shares of Broadcom by 9.8% in the third quarter. Walled Lake Planning & Wealth Management LLC now owns 4,044 shares of the semiconductor manufacturer’s stock worth $1,334,000 after purchasing an additional 362 shares during the last quarter. Integrity Advisory Solutions LLC acquired a new stake in shares of Broadcom during the third quarter worth about $1,527,000. One Wealth Capital Management LLC boosted its position in Broadcom by 25.7% in the third quarter. One Wealth Capital Management LLC now owns 16,094 shares of the semiconductor manufacturer’s stock valued at $5,310,000 after buying an additional 3,292 shares during the last quarter. Finally, Smith Moore & CO. boosted its position in Broadcom by 10.3% in the third quarter. Smith Moore & CO. now owns 8,990 shares of the semiconductor manufacturer’s stock valued at $2,966,000 after buying an additional 837 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Broadcom Stock Performance

Shares of Broadcom stock opened at $332.97 on Friday. The business’s 50 day moving average price is $334.17 and its 200 day moving average price is $342.61. The company has a market cap of $1.58 trillion, a price-to-earnings ratio of 65.03, a PEG ratio of 1.02 and a beta of 1.22. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61.

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 39.28%. The firm had revenue of $19.31 billion for the quarter, compared to analyst estimates of $19.10 billion. During the same quarter in the previous year, the company earned $1.60 EPS. The business’s revenue for the quarter was up 29.5% compared to the same quarter last year. On average, research analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s payout ratio is currently 50.78%.

Wall Street Analyst Weigh In

Several research firms have recently commented on AVGO. Truist Financial upped their price objective on shares of Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a report on Thursday. TD Cowen reaffirmed a “buy” rating on shares of Broadcom in a report on Friday, December 12th. DA Davidson upgraded Broadcom to a “hold” rating in a research note on Friday, February 13th. Piper Sandler restated an “overweight” rating and issued a $430.00 price objective (up from $375.00) on shares of Broadcom in a research report on Friday, December 12th. Finally, Citigroup boosted their target price on shares of Broadcom from $458.00 to $475.00 and gave the company a “buy” rating in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $435.03.

Insider Activity at Broadcom

In other Broadcom news, Director Harry L. You purchased 1,000 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was acquired at an average price of $325.13 per share, for a total transaction of $325,130.00. Following the completion of the purchase, the director directly owned 36,602 shares in the company, valued at approximately $11,900,408.26. The trade was a 2.81% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Hock E. Tan sold 70,000 shares of the company’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total value of $24,311,000.00. Following the sale, the chief executive officer owned 132,836 shares in the company, valued at approximately $46,133,942.80. This trade represents a 34.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 779,101 shares of company stock worth $283,804,325 over the last 90 days. 2.00% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 results beat expectations: revenue $19.31B (+29.5% YoY) and adjusted EPS $2.05, with AI semiconductor sales more than doubling to $8.4B — the core driver cited on the call. This beat + margin stability reassured investors. Broadcom’s Blowout Quarter Just Made the Bears Look Foolish
• Positive Sentiment: Very strong forward guide: Broadcom guided Q2 revenue to about $22.0B (well above consensus) and expects AI semiconductor revenue to accelerate to ~$10.7B, signaling continued high single-digit/huge YoY growth in AI exposure. Broadcom forecasts second-quarter revenue above estimates
• Positive Sentiment: Management bullish on AI TAM: CEO Hock Tan said AI chip sales could be “significantly in excess of $100 billion” in 2027 and confirmed memory supply visibility through 2028 — a statement that supports multi-year demand assumptions. Broadcom stock rallies as CEO Tan makes strong case for why AI growth will last
• Positive Sentiment: $10B buyback announced and continued healthy cash flow — lowers share count risk and supports earnings per share. This is an explicit capital-return action that typically supports the share price. PR Newswire: Broadcom Q1 results & buyback
• Positive Sentiment: Analyst enthusiasm: multiple firms raised price targets and reiterated buy/overweight ratings after the print (examples: JPMorgan, Citigroup, Truist, Rosenblatt), signaling growing buy-side conviction. Benzinga (analyst note roundup)
• Neutral Sentiment: Product progress: Broadcom said it has begun shipping a 2nm custom compute SoC on its 3.5D XDSiP platform — positive for technology leadership but a longer-term revenue story. Broadcom Ships 3.5D Face-To-Face Compute SoC
• Neutral Sentiment: Market noise items (short-interest entries here appear to contain errors/zeros) and some analyst target dispersion — watch for churn in headlines but these are less likely to move the stock than the earnings/guidance. TipRanks earnings call recap
• Negative Sentiment: Policy risk: reports that U.S. export rules for AI chips could tighten introduce geopolitical/regulatory downside that could constrain sales outside the U.S. or complicate supply chains. This is an industry-level overhang that can pressure high-PE semiconductor names. New Export Rules Could Be Coming for AI Chipmakers’ Sales
• Negative Sentiment: Enterprise software softness: Broadcom’s infrastructure software (notably VMware-related) showed only ~1% YoY growth this quarter — a drag on overall growth and a reminder that not all segments are benefitting equally from AI momentum. WSJ: Broadcom’s AI Business Is Booming. The Rest Is Complicated.

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.