1,837 Shares in Broadcom Inc. $AVGO Purchased by Greenberg Financial Group

Key Points

• Greenberg Financial Group initiated a new position in Broadcom by purchasing 1,837 shares (~$636,000) in Q4, while institutional investors collectively own 76.43% of the stock.
• Broadcom beat Q1 estimates (EPS $2.05 vs $2.03; revenue $19.31B vs $19.10B) with revenue up 29.5% YoY, and multi‑year AI deals with Meta, Google and Anthropic have driven analyst upgrades and a consensus "Moderate Buy" target of $435.30.
• Insider activity shows significant selling, with insiders offloading 324,282 shares (~$106.4M) in the past three months, which could pressure near‑term sentiment despite positive fundamentals.

Greenberg Financial Group acquired a new position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,837 shares of the semiconductor manufacturer's stock, valued at approximately $636,000.

Other hedge funds have also bought and sold shares of the company. CCLA Investment Management raised its holdings in Broadcom by 0.7% in the fourth quarter. CCLA Investment Management now owns 635,312 shares of the semiconductor manufacturer's stock worth $219,817,000 after buying an additional 4,634 shares during the last quarter. Financial Consulate Inc. raised its holdings in shares of Broadcom by 124.6% during the fourth quarter. Financial Consulate Inc. now owns 712 shares of the semiconductor manufacturer's stock valued at $246,000 after purchasing an additional 395 shares during the last quarter. Demars Financial Group LLC raised its holdings in shares of Broadcom by 11.9% during the fourth quarter. Demars Financial Group LLC now owns 1,158 shares of the semiconductor manufacturer's stock valued at $401,000 after purchasing an additional 123 shares during the last quarter. Truefg LLC increased its holdings in Broadcom by 23.3% during the fourth quarter. Truefg LLC now owns 2,291 shares of the semiconductor manufacturer's stock valued at $793,000 after buying an additional 433 shares during the last quarter. Finally, Sutton Place Investors LLC increased its holdings in Broadcom by 4.6% during the fourth quarter. Sutton Place Investors LLC now owns 4,170 shares of the semiconductor manufacturer's stock valued at $1,443,000 after buying an additional 184 shares during the last quarter. Institutional investors own 76.43% of the company's stock.

Broadcom Stock Performance

AVGO opened at $380.50 on Wednesday. The firm has a market cap of $1.80 trillion, a P/E ratio of 74.32, a PEG ratio of 0.79 and a beta of 1.24. Broadcom Inc. has a 1-year low of $161.61 and a 1-year high of $414.61. The company has a 50 day simple moving average of $328.36 and a two-hundred day simple moving average of $343.78. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73.

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

Broadcom Announces Dividend

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. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, March 23rd. Broadcom's dividend payout ratio is presently 50.78%.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Landmark multi-year agreement with Meta (multi‑generation through 2029) commits an initial >1GW of MTIA custom silicon and pairs Broadcom’s XPU and Ethernet networking to scale multi‑gigawatt AI clusters — this materially increases long‑term AI revenue visibility. Broadcom Announces Extended Partnership with Meta (GlobeNewswire)
• Positive Sentiment: Deals with Google and Anthropic broaden major‑customer exposure beyond hyperscalers and suggest sustained demand for Broadcom’s custom AI infrastructure over several generations. Google and Anthropic deal strengthen Broadcom (MSN)
• Positive Sentiment: Macro tailwind for AI hardware: analysts and commentators highlight Broadcom’s strong Q1 results and secular AI growth thesis, supporting higher revenue and margin expectations for custom accelerators and high‑speed networking. Broadcom: AI Is Here To Stay (Seeking Alpha)
• Neutral Sentiment: Momentum and analyst upgrades are attracting flows — multiple firms have raised targets, which can amplify short‑term upside but also increase volatility on profit‑taking. Meta, Broadcom Extend Multi-Year AI Chip Partnership (Benzinga)
• Negative Sentiment: Insider selling continues (recent sales by S. Ram Velaga and director Gayla Delly among others), which can weigh on near‑term sentiment despite strategic rationale for transactions. S. Ram Velaga insider sale (InsiderTrades)
• Negative Sentiment: Analyst caution remains: firms like UBS note customer concentration and competitive risks (NVIDIA and others) that could limit upside if hyperscalers change sourcing or pricing dynamics. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS

Insider Activity

In related news, insider S. Ram Velaga sold 38,841 shares of the company's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $12,491,265.60. Following the completion of the transaction, the insider owned 96,147 shares in the company, valued at approximately $30,920,875.20. This represents a 28.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark David Brazeal sold 50,488 shares of the company's stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $16,236,940.80. Following the transaction, the insider owned 278,141 shares of the company's stock, valued at approximately $89,450,145.60. This represents a 15.36% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 324,282 shares of company stock valued at $106,425,249. Company insiders own 1.90% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on AVGO shares. JPMorgan Chase & Co. upped their target price on shares of Broadcom from $475.00 to $500.00 and gave the company an "overweight" rating in a report on Thursday, March 5th. Benchmark reaffirmed a "buy" rating and set a $485.00 target price on shares of Broadcom in a report on Thursday, March 5th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $450.00 target price on shares of Broadcom in a report on Monday, January 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. Finally, Zacks Research upgraded shares of Broadcom from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. Two equities research 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, the stock presently has an average 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.

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