Brady Family Wealth LLC Sells 2,237 Shares of Broadcom Inc. $AVGO

Brady Family Wealth LLC lessened its stake in Broadcom Inc. (NASDAQ:AVGO) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,504 shares of the semiconductor manufacturer’s stock after selling 2,237 shares during the period. Broadcom comprises about 4.3% of Brady Family Wealth LLC’s portfolio, making the stock its 4th biggest position. Brady Family Wealth LLC’s holdings in Broadcom were worth $14,018,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Norges Bank bought a new stake in Broadcom in the second quarter valued at approximately $18,579,549,000. Edgewood Management LLC acquired a new stake in Broadcom during the 2nd quarter valued at approximately $1,571,438,000. Arrowstreet Capital Limited Partnership raised its holdings in Broadcom by 499.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,634,232 shares of the semiconductor manufacturer’s stock worth $1,858,789,000 after purchasing an additional 4,694,313 shares during the last quarter. Danske Bank A S bought a new position in Broadcom during the 3rd quarter worth approximately $987,488,000. Finally, Invesco Ltd. lifted its position in shares of Broadcom by 8.4% in the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock worth $10,598,641,000 after purchasing an additional 2,978,768 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Susquehanna reaffirmed a “positive” rating and issued a $450.00 price objective (up from $400.00) on shares of Broadcom in a research note on Thursday, December 4th. The Goldman Sachs Group reissued a “buy” rating and set a $450.00 target price on shares of Broadcom in a research note on Monday, January 5th. Piper Sandler restated an “overweight” rating and issued a $430.00 target price (up from $375.00) on shares of Broadcom in a report on Friday, December 12th. Citigroup increased their price target on Broadcom from $458.00 to $475.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, Royal Bank Of Canada lowered their price objective on Broadcom from $370.00 to $340.00 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $435.30.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Bernstein upgraded Broadcom on AI opportunity, triggering fresh buying interest and price momentum as investors price in larger AI content per data‑center GW. Broadcom (AVGO) Stock Surges Nearly 5% on Bernstein’s Bullish AI Upgrade
• Positive Sentiment: Analysts have been reiterating bullish views and high price targets (e.g., Cantor Fitzgerald’s Overweight/$525 PT) after Broadcom’s strong quarter and upbeat guidance, reinforcing investor conviction on AI and networking growth. What Street Thinks About Broadcom Inc. (AVGO)
• Positive Sentiment: Operational execution: Broadcom has begun volume shipments of its Tomahawk 6 switch chip and expanded its AI infrastructure roadmap (3.5D XPU, 102.4T switch), supporting the company’s large AI revenue thesis and capacity wins with major cloud/LLM customers. Broadcom Inc. (AVGO) Commences Volume Shipping of Tomahawk 6 Chip to Scale AI Networks
• Neutral Sentiment: Broadcom launched Symantec CBX (Carbon Black XDR) to combine Symantec and Carbon Black capabilities — a strategic move in security software that broadens recurring‑revenue exposure but is less material to near‑term AI chip revenue. Broadcom Introduces Symantec CBX
• Negative Sentiment: Regulatory risk: European cloud providers filed an antitrust complaint over Broadcom’s VMware licensing changes, which could lead to inquiries, fines, or commercial constraints in EU cloud markets and add execution uncertainty. EU Antitrust Complaint Puts Broadcom VMware Licensing Strategy Under Spotlight

Insiders Place Their Bets

In related news, CFO Kirsten M. Spears sold 36,292 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total value of $11,671,507.20. Following the transaction, the chief financial officer owned 327,760 shares of the company’s stock, valued at approximately $105,407,616. This trade represents a 9.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Hock E. Tan sold 70,000 shares of Broadcom stock in a transaction dated Tuesday, January 6th. The shares were 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 of the company’s stock, valued at $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 have sold 428,970 shares of company stock worth $142,585,321 in the last 90 days. Company insiders own 1.90% of the company’s stock.

Broadcom Stock Performance

NASDAQ AVGO opened at $322.51 on Tuesday. The company has a market cap of $1.53 trillion, a P/E ratio of 62.99, a PEG ratio of 0.67 and a beta of 1.22. The company has a fifty day simple moving average of $329.84 and a 200 day simple moving average of $345.72. The company has a current ratio of 1.90, a quick ratio of 1.73 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 released its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.02. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The firm had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $19.10 billion. During the same quarter in the prior year, the company posted $1.60 earnings per share. The business’s revenue was up 29.5% on a year-over-year basis. Sell-side analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Announces Dividend

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

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.