S. Ram Velaga Sells 8,000 Shares of Broadcom (NASDAQ:AVGO) Stock

Broadcom Inc. (NASDAQ:AVGO) insider S. Ram Velaga sold 8,000 shares of the business’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $370.52, for a total transaction of $2,964,160.00. Following the transaction, the insider owned 57,932 shares in the company, valued at approximately $21,464,964.64. The trade was a 12.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

S. Ram Velaga also recently made the following trade(s):

• On Wednesday, April 8th, S. Ram Velaga sold 12,955 shares of Broadcom stock. The shares were sold at an average price of $352.02, for a total transaction of $4,560,419.10.
• On Thursday, April 9th, S. Ram Velaga sold 17,260 shares of Broadcom stock. The shares were sold at an average price of $352.12, for a total transaction of $6,077,591.20.
• On Tuesday, March 17th, S. Ram Velaga sold 38,841 shares of Broadcom stock. The shares were sold at an average price of $321.60, for a total transaction of $12,491,265.60.
• On Monday, March 16th, S. Ram Velaga sold 25,538 shares of Broadcom stock. The shares were sold at an average price of $326.10, for a total transaction of $8,327,941.80.

Broadcom Stock Performance

NASDAQ AVGO opened at $396.72 on Thursday. The stock has a market cap of $1.88 trillion, a P/E ratio of 77.48, a PEG ratio of 0.79 and a beta of 1.24. The company’s 50-day simple moving average is $330.13 and its 200 day simple moving average is $344.15. Broadcom Inc. has a twelve month low of $161.61 and a twelve month high of $414.61. 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 earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.02. The business had revenue of $19.31 billion for 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 quarter in the previous year, the firm posted $1.60 earnings per share. As a group, research analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were given a $0.65 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. Broadcom’s payout ratio is 50.78%.

Analyst Upgrades and Downgrades

AVGO has been the topic of a number of recent analyst reports. Erste Group Bank lowered shares of Broadcom from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Zacks Research upgraded shares of Broadcom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 2nd. Seaport Research Partners restated a “neutral” rating on shares of Broadcom in a research report on Wednesday, April 8th. Wolfe Research upgraded shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price target on the stock in a research report on Friday, January 30th. Finally, Truist Financial boosted their price target on shares of Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $435.30.

Institutional Investors Weigh In On Broadcom

A number of institutional investors and hedge funds have recently modified their holdings of the business. Baring Financial LLC increased its stake in shares of Broadcom by 2.2% in the fourth quarter. Baring Financial LLC now owns 1,359 shares of the semiconductor manufacturer’s stock worth $470,000 after purchasing an additional 29 shares in the last quarter. Five Oceans Advisors increased its stake in shares of Broadcom by 0.4% in the fourth quarter. Five Oceans Advisors now owns 8,191 shares of the semiconductor manufacturer’s stock worth $2,835,000 after purchasing an additional 29 shares in the last quarter. Arthur M. Cohen & Associates LLC grew its stake in Broadcom by 0.6% during the third quarter. Arthur M. Cohen & Associates LLC now owns 4,781 shares of the semiconductor manufacturer’s stock valued at $1,577,000 after acquiring an additional 30 shares in the last quarter. Jackson Hole Capital Partners LLC grew its stake in Broadcom by 1.4% during the third quarter. Jackson Hole Capital Partners LLC now owns 2,170 shares of the semiconductor manufacturer’s stock valued at $716,000 after acquiring an additional 30 shares in the last quarter. Finally, Private Wealth Partners LLC grew its stake in Broadcom by 0.7% during the third quarter. Private Wealth Partners LLC now owns 4,273 shares of the semiconductor manufacturer’s stock valued at $1,410,000 after acquiring an additional 30 shares in the last quarter. 76.43% of the stock is owned by institutional investors.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Expanded multi‑year AI deal with Meta (through 2029) commits an initial >1GW of custom MTIA silicon and uses Broadcom’s XPU and Ethernet networking to scale multi‑gigawatt AI clusters — materially raises long‑term AI revenue visibility. Read More.
• Positive Sentiment: Broader hyperscaler footprint — additional deals referenced with Google and Anthropic expand customer exposure beyond a single partner, supporting sustained demand for Broadcom’s custom accelerators and networking. Read More.
• Positive Sentiment: New software for AI deployments — Broadcom announced VMware Tanzu Platform agent foundations to accelerate secure, agentic AI applications on VMware Cloud, extending its addressable market into AI infrastructure software. Read More.
• Neutral Sentiment: Market/analyst momentum is lifting AVGO alongside semiconductor peers; multiple firms have raised price targets which can amplify flows but also raise volatility on profit‑taking. Read More.
• Negative Sentiment: Insider selling persists (recent multi‑million dollar sales by S. Ram Velaga and other insiders), a near‑term sentiment headwind even as strategic deals are executed. Read More.
• Negative Sentiment: Analyst caution / competitive risk — some firms warn about customer concentration and NVIDIA/other competitive pressures; one rating downgrade highlights execution and sourcing risk if hyperscalers change strategies. Read More. Read More.

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.