Aaron Wealth Advisors LLC Raises Stock Position in Broadcom Inc. $AVGO

Key Points

• Aaron Wealth Advisors LLC raised its stake in Broadcom by 23.6% to 53,214 shares (worth about $18.42M), making AVGO roughly 1.0% of the firm's holdings and its 19th largest position.
• Broadcom has locked in multi‑year AI chip deals with Google and Anthropic, driving institutional interest (about 76.43% of shares are owned by institutions) and supporting recent positive momentum.
• Offsetting the bullish flow, insiders sold a total of 315,282 shares (~$103.1M) in the past three months, while analysts remain generally positive with a consensus "Moderate Buy" and an average target of $435.30.

Aaron Wealth Advisors LLC raised its stake in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 23.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,214 shares of the semiconductor manufacturer's stock after buying an additional 10,157 shares during the period. Broadcom makes up approximately 1.0% of Aaron Wealth Advisors LLC's holdings, making the stock its 19th largest holding. Aaron Wealth Advisors LLC's holdings in Broadcom were worth $18,417,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in AVGO. Teachers Insurance & Annuity Association of America purchased a new stake in Broadcom in the 2nd quarter worth approximately $28,000. JCIC Asset Management Inc. acquired a new position in shares of Broadcom in the 3rd quarter valued at $31,000. Miller Global Investments LLC acquired a new position in shares of Broadcom in the 4th quarter valued at $31,000. Manning & Napier Advisors LLC acquired a new position in shares of Broadcom in the 3rd quarter valued at $34,000. Finally, Evolution Wealth Management Inc. acquired a new position in shares of Broadcom in the 2nd quarter valued at $36,000. 76.43% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom locked multi‑year AI chip deals with hyperscalers (Google, Anthropic), underpinning expectations for durable, high‑margin AI revenue growth and licensing/accelerator demand. Article Title
• Positive Sentiment: Market writeups credit the Google/Anthropic deals for today’s rally and re‑rate Broadcom as a major AI infrastructure beneficiary vs. peers — coverage notes that Broadcom’s business model (custom accelerators + networking) captures hyperscaler capex. Article Title
• Positive Sentiment: Large investors and well‑known managers appear to be increasing exposure (reports on Israel Englander, Ken Fisher adding AVGO), which supports institutional momentum and can amplify price moves. Article Title
• Neutral Sentiment: Short‑interest data in the April snapshot is effectively meaningless (shows zero/NaN), so it provides no actionable signal about bearish positioning or squeeze risk at present.
• Negative Sentiment: Analyst/framing pushback: Seaport Global downgraded Broadcom and Seaport Research gave a "Neutral" rating, while at least one major bank reset its forecast — these notes reflect concern about industry limits, margins sustainability, or valuation and may cap upside until clarity on deal economics arrives. Article Title Article Title

Wall Street Analyst Weigh In

AVGO has been the topic of a number of research analyst reports. Seaport Research Partners reiterated a "neutral" rating on shares of Broadcom in a report on Wednesday. DA Davidson upgraded shares of Broadcom to a "hold" rating in a report on Friday, February 13th. Wolfe Research upgraded shares of Broadcom from a "peer perform" rating to an "outperform" rating and set a $400.00 price target on the stock in a report on Friday, January 30th. Erste Group Bank lowered shares of Broadcom from a "buy" rating to a "hold" rating in a report on Thursday, April 2nd. Finally, Truist Financial lifted their price target on shares of Broadcom from $510.00 to $545.00 and gave the company a "buy" rating in a report on Thursday, March 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $435.30.

Insider Activity

In related news, CFO Kirsten M. Spears sold 36,292 shares of Broadcom stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $11,671,507.20. Following the sale, the chief financial officer owned 327,760 shares of the company's stock, valued at $105,407,616. The trade was a 9.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider S. Ram Velaga sold 17,260 shares of Broadcom stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $352.12, for a total transaction of $6,077,591.20. Following the sale, the insider directly owned 65,932 shares in the company, valued at $23,215,975.84. This trade represents a 20.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 315,282 shares of company stock worth $103,102,779 over the last three months. 1.90% of the stock is currently owned by corporate insiders.

Broadcom Stock Performance

NASDAQ:AVGO opened at $371.46 on Friday. 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 firm has a market capitalization of $1.76 trillion, a price-to-earnings ratio of 72.55, a PEG ratio of 0.77 and a beta of 1.24. The firm's fifty day simple moving average is $326.18 and its 200 day simple moving average is $343.12. Broadcom Inc. has a twelve month low of $161.61 and a twelve month high of $414.61.

Broadcom (NASDAQ:AVGO - Get Free Report) last posted its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.02. The business had revenue of $19.31 billion for 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 business's quarterly revenue was up 29.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.60 EPS. As a group, equities research analysts expect 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. 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 annualized dividend and a yield of 0.7%. Broadcom's payout ratio is 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.

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