Aprio Wealth Management LLC Purchases 14,916 Shares of Broadcom Inc. $AVGO

Aprio Wealth Management LLC raised its position in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 124.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,912 shares of the semiconductor manufacturer's stock after acquiring an additional 14,916 shares during the quarter. Aprio Wealth Management LLC's holdings in Broadcom were worth $9,314,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in AVGO. Vanguard Group Inc. boosted its position in Broadcom by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 482,707,302 shares of the semiconductor manufacturer's stock worth $167,064,997,000 after purchasing an additional 3,919,715 shares during the period. Invesco Ltd. boosted its position in shares of Broadcom by 1.8% in the third quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer's stock valued at $12,915,861,000 after acquiring an additional 700,021 shares during the period. Legal & General Group Plc raised its stake in Broadcom by 2.3% in the third quarter. Legal & General Group Plc now owns 33,450,786 shares of the semiconductor manufacturer's stock valued at $11,035,749,000 after purchasing an additional 748,709 shares in the last quarter. Franklin Resources Inc. raised its stake in Broadcom by 4.0% in the third quarter. Franklin Resources Inc. now owns 29,511,195 shares of the semiconductor manufacturer's stock valued at $9,736,038,000 after purchasing an additional 1,124,590 shares in the last quarter. Finally, Amundi raised its stake in Broadcom by 3.3% in the third quarter. Amundi now owns 22,216,816 shares of the semiconductor manufacturer's stock valued at $7,453,320,000 after purchasing an additional 716,523 shares in the last quarter. Institutional investors and hedge funds own 76.43% of the company's stock.

Analyst Ratings Changes

AVGO has been the subject of several research analyst reports. Citigroup boosted their target price on Broadcom from $458.00 to $475.00 and gave the stock a "buy" rating in a research note on Thursday, March 5th. Truist Financial increased their target price on shares of Broadcom from $510.00 to $545.00 and gave the company a "buy" rating in a research report on Thursday, March 5th. Zacks Research raised shares of Broadcom from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. Royal Bank Of Canada cut their price target on Broadcom from $370.00 to $340.00 and set a "sector perform" rating on the stock in a report on Monday, March 2nd. Finally, Benchmark restated a "buy" rating and set a $485.00 price target on shares of Broadcom in a report on Thursday, March 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $435.30.

Broadcom Price Performance

Shares of NASDAQ:AVGO opened at $427.38 on Wednesday. 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 stock's fifty day simple moving average is $349.25 and its two-hundred day simple moving average is $350.33. Broadcom Inc. has a 1-year low of $195.94 and a 1-year high of $433.39. The stock has a market cap of $2.02 trillion, a PE ratio of 83.47, a price-to-earnings-growth ratio of 0.86 and a beta of 1.43.

Broadcom (NASDAQ:AVGO - Get Free Report) last announced its 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 return on equity of 38.61% and a net margin of 36.57%.The firm had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same period last year, the firm posted $1.60 EPS. The business's revenue was up 29.5% compared to the same quarter last year. As a group, analysts forecast that Broadcom Inc. will post 9.95 EPS for the current fiscal year.

Broadcom Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were issued a $0.65 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.60 annualized dividend and a yield of 0.6%. Broadcom's dividend payout ratio (DPR) is 50.78%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom announced VMware Cloud Foundation 9.1, positioning AVGO to capture more spend tied to production AI infrastructure (software + hardware stack synergy could improve enterprise contract value). Broadcom Announces VMware Cloud Foundation 9.1
• Positive Sentiment: Bernstein commentary that AI agent demand is “off the charts” supports upside for leading chip suppliers, a bullish demand signal that benefits Broadcom’s data-center and AI infrastructure businesses. Bernstein Analyst: AI Agents Drive Chip Demand ‘Off the Charts'
• Positive Sentiment: Multiple outlets highlight Broadcom as an AI beneficiary (Zacks, Yahoo, Seeking Alpha), reinforcing positive sentiment and analyst interest that can lift the stock on flows and upgrades. Broadcom Inc. (AVGO) is an Incredible Growth Stock: 3 Reasons Why
• Neutral Sentiment: Sector and ETF momentum (strong gains in semiconductor/AI ETFs) is amplifying flows into leading chip names, which can lift AVGO even without company-specific catalysts. Up 160% in One Month, This AI ETF Can Still 5X
• Neutral Sentiment: Broadcom set its Q2 FY2026 earnings release date (June 3); the scheduled report keeps attention on upcoming guidance and could sustain trading volume. Broadcom Inc. to Announce Second Quarter Fiscal Year 2026 Financial Results on Wednesday, June 3, 2026
• Negative Sentiment: Recent coverage noted a prior intraday dip where AVGO fell more than the broader market — a reminder of volatility and that shares can swing on short-term profit-taking. Why Broadcom Inc. (AVGO) Dipped More Than Broader Market Today

Insider Buying and Selling

In related news, insider Charlie B. Kawwas sold 10,000 shares of Broadcom stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $345.23, for a total value of $3,452,300.00. Following the completion of the sale, the insider owned 787,184 shares of the company's stock, valued at approximately $271,759,532.32. This trade represents a 1.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Mark David Brazeal sold 50,488 shares of Broadcom stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $16,236,940.80. Following the completion of the sale, the insider directly owned 278,141 shares of the company's stock, valued at approximately $89,450,145.60. This trade represents a 15.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 324,282 shares of company stock worth $106,425,249 in the last quarter. 1.90% of the stock is currently owned by company insiders.

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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