Barden Capital Management Inc. Buys Shares of 4,189 Broadcom Inc. $AVGO

Barden Capital Management Inc. purchased a new position in shares of Broadcom Inc. (NASDAQ:AVGO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,189 shares of the semiconductor manufacturer’s stock, valued at approximately $1,382,000.

Several other institutional investors and hedge funds have also made changes to their positions in AVGO. Capital Counsel LLC NY acquired a new stake in Broadcom during the 2nd quarter worth about $221,000. Waterloo Capital L.P. lifted its stake in Broadcom by 7.0% during the second quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer’s stock valued at $13,331,000 after buying an additional 3,180 shares in the last quarter. Providence First Trust Co boosted its holdings in shares of Broadcom by 1,099.3% in the third quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer’s stock worth $2,944,000 after buying an additional 8,179 shares during the period. Aspen Wealth Strategies LLC increased its position in shares of Broadcom by 174.7% in the second quarter. Aspen Wealth Strategies LLC now owns 23,673 shares of the semiconductor manufacturer’s stock worth $6,525,000 after acquiring an additional 15,055 shares in the last quarter. Finally, RiverFront Investment Group LLC increased its position in shares of Broadcom by 107.6% in the second quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer’s stock worth $4,555,000 after acquiring an additional 8,566 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on AVGO shares. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 price target on shares of Broadcom in a research report on Monday, January 5th. Mizuho set a $480.00 price objective on shares of Broadcom and gave the stock an “outperform” rating in a research report on Friday, January 9th. Royal Bank Of Canada cut their target price on shares of Broadcom from $370.00 to $340.00 and set a “sector perform” rating on the stock in a research note on Monday, March 2nd. Susquehanna restated a “positive” rating and issued a $450.00 target price (up from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Finally, Morgan Stanley raised their target price on Broadcom from $462.00 to $470.00 and gave the stock an “overweight” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $435.30.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 beat and blowout AI momentum — Broadcom reported $19.31B revenue and $2.05 adj. EPS, with AI semiconductor sales up ~106% to about $8.4B; management guided fiscal Q2 revenue well above consensus (~$22B) and provided aggressive AI revenue visibility. Broadcom Q1 earnings beat
• Positive Sentiment: Big-picture AI guidance — CEO Hock Tan said AI chip sales could be “significantly” above $100B in 2027, reinforcing the thesis that Broadcom is a major non‑GPU AI supplier and supporting upside expectations. Reuters: $100B AI sales guidance
• Positive Sentiment: Shareholder returns — Management unveiled a $10B buyback, which supports EPS and signals confidence in the business at current levels. Seeking Alpha: $10B buyback
• Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms raised price targets and reiterated buy/overweight calls (JPMorgan, Morgan Stanley, Truist, Citi, Rosenblatt), lifting sentiment and signaling institutional confidence. Benzinga: analyst revisions
• Neutral Sentiment: Positive media and analyst write-ups — Numerous bullish pieces (Seeking Alpha, MarketBeat, CNBC, Barron’s) highlight the AI thesis and long-term upside; these help narrative but are opinion-driven. MarketBeat: analysis
• Neutral Sentiment: Short‑interest data in feeds appears anomalous (reported as 0 shares / NaN change) and is not informative for current positioning.
• Negative Sentiment: Software segment soft spot — Infrastructure software (VMware exposure) showed only ~1% revenue growth; the software business is cited as a drag on overall results and valuation. WSJ: software drag
• Negative Sentiment: Regulatory/export risk — Coverage noted potential for tougher U.S. export controls on AI chips, a macro/regulatory headwind that could limit international sales upside. Investopedia: export rules
• Negative Sentiment: Analyst downgrade/valuation concerns — Zacks trimmed its rating to “hold” and some commentary flags that Broadcom’s premium multiple could cap near-term gains despite the earnings beat. Zacks: rating change

Broadcom Stock Down 0.5%

Broadcom stock opened at $331.03 on Friday. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.58 and a current ratio of 1.90. The firm has a market cap of $1.57 trillion, a PE ratio of 64.65, a P/E/G ratio of 1.06 and a beta of 1.22. The firm’s 50 day moving average price is $333.75 and its two-hundred day moving average price is $343.12.

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, 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 analyst estimates of $19.10 billion. During the same quarter last year, the business posted $1.60 EPS. The company’s revenue for the quarter was up 29.5% on a year-over-year basis. On average, research analysts predict that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 23rd will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, March 23rd. Broadcom’s dividend payout ratio (DPR) is currently 50.78%.

Insider Activity

In other Broadcom news, CEO Hock E. Tan sold 70,000 shares of the business’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 transaction, the chief executive officer owned 132,836 shares in the company, valued at $46,133,942.80. The trade was a 34.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Mark David Brazeal sold 30,000 shares of the company’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $347.12, for a total value of $10,413,600.00. Following the completion of the transaction, the insider directly owned 210,573 shares in the company, valued at approximately $73,094,099.76. The trade was a 12.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 779,101 shares of company stock valued at $283,804,325. 2.00% of the stock is currently owned by company insiders.

Broadcom 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.