Broadcom (NASDAQ:AVGO) Director Gayla Delly Sells 1,000 Shares

Key Points

• Gayla Delly sold 1,000 shares on April 9 at an average price of $358.31 for proceeds of $358,310, cutting her stake by about 3% to 32,352 shares, according to an SEC Form 4 filing.
• Broadcom’s fundamentals and AI momentum remain strong: the company beat Q1 EPS and revenue (EPS $2.05; revenue $19.31B, +29.5% y/y), has a ~$1.8T market cap, boosted AI visibility from extended deals with Google, and carries a mostly bullish analyst consensus with a target near $435.

Broadcom Inc. (NASDAQ:AVGO - Get Free Report) Director Gayla Delly sold 1,000 shares of the company's stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $358.31, for a total transaction of $358,310.00. Following the transaction, the director owned 32,352 shares of the company's stock, valued at approximately $11,592,045.12. This represents a 3.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Broadcom Price Performance

Shares of NASDAQ:AVGO traded up $8.26 during midday trading on Monday, reaching $379.81. 23,828,927 shares of the company were exchanged, compared to its average volume of 26,379,961. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80. The business's fifty day moving average is $326.18 and its two-hundred day moving average is $343.15. Broadcom Inc. has a one year low of $161.61 and a one year high of $414.61. The stock has a market cap of $1.80 trillion, a PE ratio of 74.18, a price-to-earnings-growth ratio of 0.77 and a beta of 1.24.

Broadcom (NASDAQ:AVGO - Get Free Report) last released its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.03 by $0.02. The company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. Broadcom's revenue was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.60 earnings per share. As a group, analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Dividend Announcement

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

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: UBS says Broadcom’s extended deal with Google (through 2031, covering future TPUs) meaningfully boosts confidence in its AI outlook and eases fears that Google might switch suppliers. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS
• Positive Sentiment: Several bullish analyst and retail‑investor writeups highlight Broadcom as a momentum/AI pick given strong Q1 results and forecasts for rapid AI chip and networking growth. Are You Looking for a Top Momentum Pick? Why Broadcom Inc. (AVGO) is a Great Choice
• Positive Sentiment: Market commentary and earnings follow‑ups (Fool, Zacks, Yahoo) are crediting Broadcom’s close ties to Alphabet and record Q1 revenue — reinforcing the narrative of durable AI demand driving top‑line and margin upside. Great News for Broadcom Stock Investors
• Positive Sentiment: Semiconductor group strength and technical breakout commentary suggest sector rotation into high‑quality chip names (Broadcom cited alongside peers), which supports continued price momentum. Semiconductors Lead Rally: Broadcom, Marvell Breakout
• Neutral Sentiment: Shorter‑term technical pieces note that after a rapid move higher, consolidation could precede another fast advance — a trading observation rather than fundamental news. Stock Of The Day: Will The Broadcom Rally Continue?
• Neutral Sentiment: General investor‑interest pieces (Yahoo/Zacks summaries) explain why AVGO is drawing attention; useful for context but not new catalyst news. Broadcom Inc. (AVGO) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Multiple filings and reports show recent insider selling (multi‑million dollar dispositions and individual officer sales), which can raise governance/stock‑supply concerns for some investors. Insider Selling: Broadcom NASDAQ: AVGO Insider Sells $6,077,591.20 in Stock
• Negative Sentiment: Additional insider transactions (including a 10,000‑share sale by an exec) add to the disclosure of sell activity that some traders view as a caution. Charlie Kawwas Sells 10,000 Shares of Broadcom NASDAQ: AVGO Stock

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AVGO. ROSS JOHNSON & Associates LLC grew its holdings in shares of Broadcom by 1,320.0% in the fourth quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer's stock worth $25,000 after purchasing an additional 66 shares during the last quarter. SWAN Capital LLC grew its holdings in Broadcom by 261.9% during the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer's stock worth $26,000 after acquiring an additional 55 shares in the last quarter. Teachers Insurance & Annuity Association of America bought a new position in Broadcom during the 2nd quarter worth about $28,000. JCIC Asset Management Inc. bought a new position in Broadcom during the 3rd quarter worth about $31,000. Finally, Miller Global Investments LLC bought a new position in Broadcom during the 4th quarter worth about $31,000. 76.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AVGO has been the topic of a number of recent research reports. Benchmark reaffirmed a "buy" rating and set a $485.00 price target on shares of Broadcom in a research note on Thursday, March 5th. Wolfe Research raised 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 note on Friday, January 30th. Truist Financial upped their price target on shares of Broadcom from $510.00 to $545.00 and gave the company a "buy" rating in a research note on Thursday, March 5th. DA Davidson raised shares of Broadcom to a "hold" rating in a research note on Friday, February 13th. Finally, UBS Group set a $475.00 target price on shares of Broadcom and gave the company a "buy" rating in a research note on Monday, December 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price 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.

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