5,948 Shares in Broadcom Inc. $AVGO Purchased by Global Trust Wealth Management LLC

Key Points

• Global Trust Wealth Management purchased a new position of 5,948 shares of Broadcom (≈$2.06M) in Q4, making AVGO about 1.5% of its portfolio and its 17th-largest holding.
• Broadcom is riding an AI-driven tailwind — Q1 AI revenue reportedly rose ~106% YoY, with Tomahawk 6 shipments and deeper ties to Google Cloud/Meta underpinning a market-cap rally and bullish analyst interest.
• Institutional ownership is high (≈76.4%), but insiders have been net sellers recently — 324,282 shares sold last quarter (≈$106.4M), while insiders still own about 1.9% of the stock.

Global Trust Wealth Management LLC purchased a new position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,948 shares of the semiconductor manufacturer's stock, valued at approximately $2,059,000. Broadcom comprises approximately 1.5% of Global Trust Wealth Management LLC's investment portfolio, making the stock its 17th biggest holding.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Providence First Trust Co boosted its holdings in Broadcom by 1,099.3% during the third quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer's stock worth $2,944,000 after purchasing an additional 8,179 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in Broadcom by 3.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 323,587 shares of the semiconductor manufacturer's stock worth $109,492,000 after acquiring an additional 10,786 shares during the period. Lmcg Investments LLC raised its position in Broadcom by 9.4% in the third quarter. Lmcg Investments LLC now owns 38,961 shares of the semiconductor manufacturer's stock worth $12,854,000 after acquiring an additional 3,357 shares during the period. Wright Investors Service Inc. raised its position in Broadcom by 5.4% in the third quarter. Wright Investors Service Inc. now owns 42,159 shares of the semiconductor manufacturer's stock worth $13,909,000 after acquiring an additional 2,178 shares during the period. Finally, Brown Brothers Harriman & Co. raised its position in Broadcom by 10.7% in the third quarter. Brown Brothers Harriman & Co. now owns 77,411 shares of the semiconductor manufacturer's stock worth $25,539,000 after acquiring an additional 7,499 shares during the period. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 AI revenue reportedly rose ~106% YoY; Broadcom is shipping Tomahawk 6 at scale and has a Meta chip pact targeting multi‑GW capacity — underpins revenue/margin upside from AI datacenter builds. AVGO Rides AI Boom: Explosive Growth in Semiconductor Fuels Outlook
• Positive Sentiment: Broadcom’s deeper ties to Google Cloud and the market reaction to Google’s custom AI chips have supported a market‑cap rally and reinforce Broadcom’s role in hyperscaler AI infrastructure. As Broadcom Deepens Its Google Cloud Ties, Should You Buy AVGO Stock?
• Positive Sentiment: Wall Street momentum: many bullish analyst takes and inclusion in AI‑focused stock lists are helping sentiment and buyer interest. High analyst buy ratios and bullish writeups support further upside expectations. The Street is Bullish on Broadcom Inc. (AVGO), Here’s What the Analysts Think About the Stock
• Neutral Sentiment: Analyst model tweaks are modestly higher (Erste slightly raised FY2026/27 EPS), but ratings remain mixed (some Holds), so upgrades are incremental rather than structural. MarketBeat AVGO Coverage / Analyst Notes
• Negative Sentiment: Market angst from reports that OpenAI missed internal targets has triggered short‑term selling across AI infrastructure names, including Broadcom — heightening sensitivity to AI capex cycles. Semiconductor Stocks Tumble on OpenAI Warning. Google Says The Market Has It All Wrong
• Negative Sentiment: Valuation concerns: several pieces argue investors are “pricing in perfection,” pointing to rich multiples and the risk of any slowdown in hyperscaler spending weighing on the stock. Broadcom: Investors Are Pricing In Perfection

Insider Buying and Selling

In other news, insider Charlie B. Kawwas sold 10,000 shares of the business's stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $345.23, for a total value of $3,452,300.00. Following the sale, the insider owned 787,184 shares of the company's stock, valued at $271,759,532.32. The trade was a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider S. Ram Velaga sold 8,000 shares of the business's stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $370.52, for a total transaction of $2,964,160.00. Following the completion of the sale, the insider directly owned 57,932 shares in the company, valued at approximately $21,464,964.64. This trade represents a 12.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 324,282 shares of company stock valued at $106,425,249. Corporate insiders own 1.90% of the company's stock.

Broadcom Stock Performance

NASDAQ AVGO opened at $405.45 on Thursday. The company's 50 day moving average is $345.69 and its 200-day moving average is $349.33. Broadcom Inc. has a 12-month low of $184.02 and a 12-month high of $429.31. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80. The firm has a market cap of $1.92 trillion, a P/E ratio of 79.19, a price-to-earnings-growth ratio of 0.86 and a beta of 1.24.

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 (EPS) for the quarter, beating 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 company had revenue of $19.31 billion for the quarter, compared to analyst estimates of $19.10 billion. During the same quarter in the previous year, the firm posted $1.60 earnings per share. The company's quarterly revenue was up 29.5% compared to the same quarter last year. Sell-side analysts predict that Broadcom Inc. will post 9.95 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. Stockholders of record on Monday, March 23rd were given a $0.65 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. Broadcom's payout ratio is 50.78%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Zacks Research raised shares of Broadcom from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. Mizuho reaffirmed an "outperform" rating and issued a $480.00 price objective on shares of Broadcom in a research report on Thursday, April 16th. Erste Group Bank lowered shares of Broadcom from a "buy" rating to a "hold" rating in a research report on Thursday, April 2nd. Weiss Ratings lowered shares of Broadcom from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, April 24th. Finally, Morgan Stanley lifted 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. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Broadcom has a consensus rating of "Moderate Buy" and an average 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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