Asset Allocation & Management Company LLC Sells 3,370 Shares of Broadcom Inc. $AVGO

Asset Allocation & Management Company LLC decreased its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 41.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,728 shares of the semiconductor manufacturer’s stock after selling 3,370 shares during the period. Broadcom makes up about 0.7% of Asset Allocation & Management Company LLC’s portfolio, making the stock its 22nd largest position. Asset Allocation & Management Company LLC’s holdings in Broadcom were worth $1,636,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Burns J W & Co. Inc. NY raised its position in Broadcom by 4.6% in the 4th quarter. Burns J W & Co. Inc. NY now owns 17,396 shares of the semiconductor manufacturer’s stock valued at $6,021,000 after buying an additional 768 shares during the last quarter. Heartwood Wealth Advisors LLC lifted its stake in Broadcom by 96.9% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 3,428 shares of the semiconductor manufacturer’s stock valued at $1,186,000 after acquiring an additional 1,687 shares in the last quarter. Sax Wealth Advisors LLC boosted its holdings in Broadcom by 12.9% during the 4th quarter. Sax Wealth Advisors LLC now owns 10,700 shares of the semiconductor manufacturer’s stock worth $3,703,000 after acquiring an additional 1,223 shares during the last quarter. GenWealth Group Inc. bought a new stake in shares of Broadcom in the 4th quarter worth $464,000. Finally, Czech National Bank grew its stake in shares of Broadcom by 4.2% in the 4th quarter. Czech National Bank now owns 1,245,030 shares of the semiconductor manufacturer’s stock worth $430,905,000 after acquiring an additional 50,447 shares in the last quarter. 76.43% of the stock is owned by institutional investors.

Insider Buying and Selling at Broadcom

In other Broadcom news, insider Charlie B. Kawwas sold 39,116 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.61, for a total value of $12,580,096.76. Following the completion of the sale, the insider directly owned 74,626 shares of the company’s stock, valued at $24,000,467.86. This trade represents a 34.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider S. Ram Velaga sold 38,841 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $12,491,265.60. Following the completion of the sale, the insider directly owned 96,147 shares of the company’s stock, valued at $30,920,875.20. This represents a 28.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 403,049 shares of company stock valued at $133,459,315 in the last quarter. Insiders own 1.90% of the company’s stock.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: OpenAI partnership: Broadcom struck a multiyear deal to co-develop custom AI accelerators, positioning AVGO as a strategic supplier for OpenAI and signaling material addressable revenue from bespoke AI silicon and related infrastructure. OpenAI Just Became Broadcom’s Newest Chip Customer
• Positive Sentiment: Analyst upgrades: Erste Group sharply raised estimates (FY2026 to ~$9.80 EPS and FY2027 to ~$16.55 EPS), implying much stronger earnings power than consensus and supporting a higher valuation if AI wins scale as expected.
• Positive Sentiment: Thesis reinforcement from market commentary: Multiple bullish write-ups highlight Broadcom’s expanding role across custom AI silicon, networking and software for hyperscalers — a structural growth story that investors view as durable despite recent volatility. Broadcom (AVGO) Powers the AI Boom — Bullish despite the Pullback
• Neutral Sentiment: Price-target / multi‑year outlook pieces: Analysts and retail sites are publishing 3‑year AVGO price predictions and scenario analyses reflecting both upside from AI exposure and risk from lofty multiples. Broadcom Stock Price Prediction: Where Will AVGO Be in 3 Years?
• Neutral Sentiment: Buy-the-dip narratives: Several outlets argue the ~24% pullback is a buying opportunity tied to the OpenAI deal and secular AI demand, but these are thesis-driven and hinge on execution. Is the 24% Dip a Golden Buying Opportunity?
• Neutral Sentiment: Macro/sector context: Coverage noting that tech earnings have grown but some ETFs (and segments) lag share-price recovery, which can keep trading volatile for large-cap semiconductors like AVGO. As Tech Earnings Grow, This ETF Still Hasn’t Caught Up (AVGO)
• Negative Sentiment: Insider selling: Reports of insiders selling shares have raised near‑term sentiment concerns and may amplify downside during a broader pullback, even if strategic fundamentals remain intact. Broadcom Insiders Are Selling Stock. Is AVGO Finally at the End of the Road?

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Robert W. Baird set a $420.00 price target on shares of Broadcom in a research report on Friday, December 12th. Morgan Stanley upped their price objective on shares of Broadcom from $462.00 to $470.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Rosenblatt Securities increased their price objective on shares of Broadcom from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Piper Sandler reissued an “overweight” rating and set a $430.00 target price (up from $375.00) on shares of Broadcom in a research report on Friday, December 12th. Finally, Wolfe Research upgraded Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 target price on the stock in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $435.30.

Broadcom Stock Performance

NASDAQ AVGO opened at $300.68 on Friday. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61. The company has a 50-day simple moving average of $327.00 and a 200 day simple moving average of $344.92. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. The company has a market capitalization of $1.42 trillion, a PE ratio of 58.73, a price-to-earnings-growth ratio of 0.64 and a beta of 1.22.

Broadcom (NASDAQ:AVGO) last released 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. 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 analysts’ expectations of $19.10 billion. During the same period in the previous year, the company earned $1.60 earnings per share. The company’s quarterly revenue 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 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 paid a $0.65 dividend. The ex-dividend date is Monday, March 23rd. This represents a $2.60 annualized dividend and a yield of 0.9%. Broadcom’s dividend payout ratio is presently 50.78%.

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.