AE Wealth Management LLC Buys 25,946 Shares of Broadcom Inc. $AVGO

Key Points

• AE Wealth Management LLC increased its stake in Broadcom by 4.4% in Q4, buying 25,946 shares to own 617,694 shares worth about $213.8 million, making AVGO its 11th-largest position (≈1.2% of holdings).
• Broadcom posted an EPS beat ($2.05 vs. $2.03) and revenue of $19.31 billion (up 29.5% YoY), while trading near a one-year high with a $2.0 trillion market cap and elevated valuation (P/E ~82.6); the company pays a quarterly dividend of $0.65 (≈0.6% yield).
• Analysts rate AVGO a consensus "Moderate Buy" (avg. target ≈$435.30) and cite AI/cloud partnerships (Meta, Google Cloud, VMware) as growth catalysts, though insiders have sold roughly 324,282 shares in the past 90 days.

AE Wealth Management LLC lifted its stake in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 4.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 617,694 shares of the semiconductor manufacturer's stock after purchasing an additional 25,946 shares during the quarter. Broadcom comprises approximately 1.2% of AE Wealth Management LLC's holdings, making the stock its 11th largest position. AE Wealth Management LLC's holdings in Broadcom were worth $213,784,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in AVGO. JCIC Asset Management Inc. purchased a new stake in Broadcom during the 3rd quarter valued at $31,000. Miller Global Investments LLC bought a new stake in shares of Broadcom during the 4th quarter valued at $31,000. Manning & Napier Advisors LLC bought a new stake in shares of Broadcom during the 3rd quarter valued at $34,000. Family CFO Inc bought a new stake in shares of Broadcom during the 4th quarter valued at $35,000. Finally, PayPay Securities Corp grew its position in shares of Broadcom by 88.9% during the 4th quarter. PayPay Securities Corp now owns 119 shares of the semiconductor manufacturer's stock valued at $41,000 after acquiring an additional 56 shares during the period. 76.43% of the stock is owned by institutional investors.

Broadcom Stock Up 0.7%

Shares of Broadcom stock opened at $422.76 on Friday. 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 Inc. has a 1 year low of $184.02 and a 1 year high of $429.31. The firm's 50-day moving average is $341.04 and its two-hundred day moving average is $347.79. The stock has a market cap of $2.00 trillion, a price-to-earnings ratio of 82.57, a PEG ratio of 0.87 and a beta of 1.24.

Broadcom (NASDAQ:AVGO - Get Free Report) last issued its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $19.10 billion. During the same period in the prior year, the business earned $1.60 EPS. The firm's quarterly revenue was up 29.5% on a year-over-year basis. As a group, research analysts expect that Broadcom Inc. will post 9.95 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. Stockholders of record on Monday, March 23rd were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, March 23rd. Broadcom's dividend payout ratio (DPR) is currently 50.78%.

Analysts Set New Price Targets

A number of research firms recently weighed in on AVGO. Mizuho restated an "outperform" rating and set a $480.00 target price on shares of Broadcom in a research note on Thursday, April 16th. Bank of America lowered their target price on shares of Broadcom from $500.00 to $450.00 and set a "buy" rating on the stock in a research note on Thursday, March 5th. Weiss Ratings restated a "buy (b-)" rating on shares of Broadcom in a research note on Friday, April 10th. Truist Financial lifted their target price 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. Finally, Wolfe Research upgraded shares of 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. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $435.30.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Expanded Google Cloud collaboration — Broadcom and Google launched Cloud Network Insights (end‑to‑end network observability for multi‑cloud/hybrid/SaaS), which supports Broadcom’s push into higher‑margin infrastructure software and recurring revenue. Read More.
• Positive Sentiment: Multi‑year Meta AI infrastructure partnership — a large cloud/AI customer win that expands Broadcom’s addressable market in AI infrastructure and validates its enterprise AI roadmap. Read More.
• Positive Sentiment: VMware Tanzu integration for enterprise AI — Broadcom extended its software stack into a secure runtime for Autonomous AI on VMware, reinforcing software recurring revenue and enterprise AI positioning. Read More.
• Positive Sentiment: Broad sector tailwind — the Philadelphia Semiconductor Index (SOXX) logged a record 17‑day winning streak, reflecting strong demand momentum across chips and lifting broad market sentiment for AVGO. Read More.
• Positive Sentiment: Technical and analyst backing — AVGO formed a bullish 50/200-day "golden cross" (a common momentum signal), and analysts call AVGO one of the few drivers of big 2026 earnings growth alongside NVDA; high-profile investor mentions (e.g., Ken Griffin) add institutional interest. Read More. Read More. Read More.
• Neutral Sentiment: Analyst/commentary roundups — several outlets published bullish theses and “stocks to buy” lists highlighting AVGO’s AI exposure and software mix; useful for sentiment but mainly a compilation of existing catalysts. Read More.
• Negative Sentiment: Valuation and positioning risk — coverage notes elevated trailing/forward P/E ratios and AVGO trading near its 52‑week highs, which increases downside if growth expectations slip or macro sentiment turns. Read More.

Insiders Place Their Bets

In other news, Director Justine Page sold 2,018 shares of the firm's stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $353.00, for a total value of $712,354.00. Following the sale, the director directly owned 18,164 shares in the company, valued at approximately $6,411,892. This trade represents a 10.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider S. Ram Velaga sold 8,000 shares of the firm's stock in a transaction dated 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 owned 57,932 shares in the company, valued at $21,464,964.64. This represents a 12.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 324,282 shares of company stock worth $106,425,249. Insiders own 1.90% of the company's stock.

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.

Want to see what other hedge funds are holding AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.