Broadcom Inc. $AVGO Shares Purchased by Black Swift Group LLC

Black Swift Group LLC grew its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 924.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,823 shares of the semiconductor manufacturer’s stock after buying an additional 10,669 shares during the quarter. Black Swift Group LLC’s holdings in Broadcom were worth $3,901,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. JCIC Asset Management Inc. acquired a new position in shares of Broadcom during the third quarter valued at approximately $31,000. Longfellow Investment Management Co. LLC acquired a new stake in Broadcom in the second quarter worth approximately $27,000. Teachers Insurance & Annuity Association of America bought a new position in Broadcom during the 2nd quarter valued at $28,000. Manning & Napier Advisors LLC bought a new position in Broadcom during the 3rd quarter valued at $34,000. Finally, New England Capital Financial Advisors LLC acquired a new position in shares of Broadcom during the 2nd quarter valued at $31,000. 76.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. UBS Group set a $475.00 price objective on Broadcom and gave the stock a “buy” rating in a research note on Monday, December 15th. Truist Financial lifted their target price on Broadcom from $510.00 to $545.00 and gave the stock a “buy” rating in a report on Thursday. KeyCorp reiterated an “overweight” rating and issued a $500.00 price target (up from $460.00) on shares of Broadcom in a research report on Friday, December 12th. Morgan Stanley upped their price target on shares of Broadcom from $462.00 to $470.00 and gave the company an “overweight” rating in a report on Friday. Finally, Rosenblatt Securities raised their price objective on shares of Broadcom from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $435.30.

More Broadcom News

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%

Shares of Broadcom stock opened at $331.03 on Friday. The stock’s fifty day moving average is $333.75 and its 200-day moving average is $343.12. The firm has a market capitalization of $1.57 trillion, a PE ratio of 64.65, a price-to-earnings-growth ratio of 1.06 and a beta of 1.22. The company has a quick ratio of 1.58, a current ratio of 1.90 and a debt-to-equity ratio of 0.80. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61.

Broadcom (NASDAQ:AVGO) last announced its 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. The business had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.Broadcom’s revenue was up 29.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.60 earnings per share. Equities analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Dividend Announcement

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

Insider Activity

In other news, Director Henry Samueli sold 320,316 shares of Broadcom stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $400.53, for a total value of $128,296,167.48. Following the transaction, the director directly owned 37,326,540 shares of the company’s stock, valued at $14,950,399,066.20. This trade represents a 0.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Mark David Brazeal sold 38,281 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $327.65, for a total transaction of $12,542,769.65. Following the sale, the insider owned 266,494 shares in the company, valued at $87,316,759.10. This represents a 12.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 779,101 shares of company stock valued at $283,804,325. Corporate insiders own 2.00% of the company’s stock.

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.