Broadcom Inc. $AVGO Shares Sold by Crewe Advisors LLC

Crewe Advisors LLC lessened its stake in Broadcom Inc. (NASDAQ:AVGO) by 25.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,429 shares of the semiconductor manufacturer’s stock after selling 2,224 shares during the period. Crewe Advisors LLC’s holdings in Broadcom were worth $2,225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of AVGO. Teachers Insurance & Annuity Association of America acquired a new position in Broadcom in the second quarter valued at $28,000. JCIC Asset Management Inc. purchased a new stake in shares of Broadcom in the third quarter valued at about $31,000. Miller Global Investments LLC purchased a new stake in shares of Broadcom in the fourth quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new stake in shares of Broadcom in the third quarter valued at about $34,000. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of Broadcom in the second quarter valued at about $36,000. Institutional investors and hedge funds own 76.43% of the company’s stock.

Broadcom Trading Up 6.2%

NASDAQ AVGO opened at $333.97 on Wednesday. The stock has a market capitalization of $1.58 trillion, a P/E ratio of 65.23, a P/E/G ratio of 0.67 and a beta of 1.24. Broadcom Inc. has a 52-week low of $153.09 and a 52-week high of $414.61. The firm has a 50-day moving average price of $324.54 and a 200 day moving average price of $342.73. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80.

Broadcom (NASDAQ:AVGO) last posted its quarterly 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. The firm had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The firm’s revenue for the quarter was up 29.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.60 earnings per share. Equities research analysts expect that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were issued 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, March 23rd. Broadcom’s dividend payout ratio is currently 50.78%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom signed a long‑term agreement to design and supply Google’s next‑generation custom AI chips and components through 2031, positioning AVGO as a core provider for Google’s AI racks and increasing multi‑year revenue visibility. Broadcom signs long-term deal to develop Google’s custom AI chips
• Positive Sentiment: Broadcom will also expand capacity commitments with Anthropic (via Google infrastructure), giving the AI startup more compute access and signaling accelerating demand from large AI model customers. Anthropic ups compute deal with Google and Broadcom amid skyrocketing demand
• Positive Sentiment: Broker and media coverage reacted favorably: reports note that the Google/Anthropic deals materially improve multi‑year visibility for Broadcom’s AI chip and networking businesses and helped lift the stock in pre‑market/after‑hours trade. Broadcom to Supply AI Chips to Google, Computing Capacity to Anthropic in Expanded Collaboration
• Positive Sentiment: Rosenblatt reaffirmed a “buy” on AVGO and set a $500 price target, reinforcing bullish analyst sentiment and providing a high‑profile upside reference for traders. Benzinga: Rosenblatt reaffirms buy, $500 PT
• Positive Sentiment: Several outlets and analysts (Zacks, Proactive, 247WallStreet) highlight Broadcom and Micron as critical AI infrastructure enablers — Zacks maintains a bullish view that favors long‑term demand from hyperscalers. Micron and Broadcom: 2 Critical AI Infrastructure Enablers
• Neutral Sentiment: Coverage questions whether these deals can revive broader weakness in the AI trade — articles note AVGO’s recent underperformance versus some peers despite strong fundamentals. Broadcom Stock Gains on Google and Anthropic Deals. Can It Help Revive a Flagging AI Trade?
• Neutral Sentiment: Market commentary urges long‑term investors to “buy the dip” on AVGO given fundamentals, but notes recent share volatility and that benefits will be realized over multiple years. Broadcom Slips 9% – Why Smart Investors Should Buy the Dip Now
• Negative Sentiment: Some analysts remain cautious: Erste Group downgraded AVGO on concerns about the growth trajectory of its software segment, highlighting execution and margin risks outside the chip business. Broadcom (AVGO) Downgraded on Concerns Over Software Segment Growth
• Negative Sentiment: Technicals and valuation remain headwinds after a pullback from December highs; some outlets point out AVGO has entered a technical bear territory, which can amplify short‑term downside risk despite the new deals. Broadcom stock price bullish flag points to more gains after the Anthropic deal

Insider Activity

In related news, insider Mark David Brazeal sold 50,488 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $16,236,940.80. Following the completion of the transaction, the insider directly owned 278,141 shares of the company’s stock, valued at $89,450,145.60. This represents a 15.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Kirsten M. Spears sold 36,292 shares of the stock in a transaction dated 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 directly owned 327,760 shares of the company’s stock, valued at $105,407,616. This represents a 9.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 273,049 shares of company stock valued at $88,300,115. Company insiders own 1.90% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Truist Financial upped their target price on shares of Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Wolfe Research raised shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 target price for the company in a report on Friday, January 30th. Erste Group Bank cut shares of Broadcom from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Benchmark reaffirmed a “buy” rating and issued a $485.00 target price on shares of Broadcom in a report on Thursday, March 5th. Finally, Barclays reaffirmed an “overweight” rating and issued a $500.00 target price (up from $450.00) on shares of Broadcom in a report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Broadcom currently has a consensus rating of “Moderate Buy” and a consensus price target of $435.30.

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.