Axecap Investments LLC Has $5.59 Million Holdings in Broadcom Inc. $AVGO

Key Points

• Axecap Investments LLC boosted its stake in Broadcom by 180% in Q4 to 16,162 shares worth $5.59 million, making AVGO about 3.4% of its portfolio and its sixth‑largest holding.
• Insiders have been net sellers — including Justine Page (2,018 shares at $353) and S. Ram Velaga (8,000 shares at $370.52) — with 324,282 shares sold (~$106.4M) over the past 90 days, while institutional investors own roughly 76.4% of the stock.
• Analyst coverage is broadly bullish (consensus "Moderate Buy", average target $435.30) after Broadcom beat Q1 EPS and revenue (EPS $2.05 vs. $2.03; revenue $19.31B, +29.5% YoY) and analysts point to strong AI-driven demand and product catalysts.

Axecap Investments LLC boosted its position in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 180.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,162 shares of the semiconductor manufacturer's stock after purchasing an additional 10,390 shares during the quarter. Broadcom makes up approximately 3.4% of Axecap Investments LLC's investment portfolio, making the stock its 6th largest holding. Axecap Investments LLC's holdings in Broadcom were worth $5,594,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Huntleigh Advisors Inc. raised its holdings in Broadcom by 3.3% in the fourth quarter. Huntleigh Advisors Inc. now owns 62,677 shares of the semiconductor manufacturer's stock worth $21,692,000 after purchasing an additional 1,995 shares in the last quarter. ST Germain D J Co. Inc. raised its holdings in Broadcom by 18.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 2,397 shares of the semiconductor manufacturer's stock worth $830,000 after purchasing an additional 368 shares in the last quarter. Seven Post Investment Office LP bought a new position in Broadcom in the fourth quarter worth about $1,089,000. Abacus FCF Advisors LLC raised its holdings in Broadcom by 2.4% in the fourth quarter. Abacus FCF Advisors LLC now owns 52,141 shares of the semiconductor manufacturer's stock worth $18,046,000 after purchasing an additional 1,210 shares in the last quarter. Finally, Quent Capital LLC raised its holdings in Broadcom by 12.0% in the fourth quarter. Quent Capital LLC now owns 17,750 shares of the semiconductor manufacturer's stock worth $6,143,000 after purchasing an additional 1,905 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Broadcom

In other news, Director Justine Page sold 2,018 shares of the firm's stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $353.00, for a total transaction of $712,354.00. Following the sale, the director owned 18,164 shares of the company's stock, valued at $6,411,892. This trade represents a 10.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider S. Ram Velaga sold 8,000 shares of the firm's stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $370.52, for a total transaction of $2,964,160.00. Following the sale, the insider directly owned 57,932 shares in the company, valued at $21,464,964.64. The trade was a 12.13% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 324,282 shares of company stock worth $106,425,249. 1.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

AVGO has been the subject of a number of recent research reports. Morgan Stanley boosted their target price on shares of Broadcom from $462.00 to $470.00 and gave the stock an "overweight" rating in a report on Friday, March 6th. Truist Financial boosted their target price on shares of Broadcom from $510.00 to $545.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. Erste Group Bank downgraded shares of Broadcom from a "buy" rating to a "hold" rating in a report on Thursday, April 2nd. JPMorgan Chase & Co. boosted their target price on shares of Broadcom from $475.00 to $500.00 and gave the stock an "overweight" rating in a report on Thursday, March 5th. Finally, Zacks Research upgraded shares of Broadcom from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $435.30.

Broadcom Price Performance

Shares of NASDAQ AVGO opened at $416.41 on Tuesday. The stock has a market capitalization of $1.97 trillion, a price-to-earnings ratio of 81.33, a PEG ratio of 0.87 and a beta of 1.43. Broadcom Inc. has a 12 month low of $195.94 and a 12 month high of $429.31. The firm's 50 day simple moving average is $347.36 and its 200-day simple moving average is $349.79. 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 issued its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping analysts' consensus estimates of $2.03 by $0.02. The business had revenue of $19.31 billion for the quarter, compared to analysts' expectations of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The business's revenue was up 29.5% on a year-over-year basis. During the same quarter last year, the company earned $1.60 EPS. Analysts expect that Broadcom Inc. will post 9.95 EPS for the current year.

Broadcom Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.6%. Broadcom's dividend payout ratio (DPR) is presently 50.78%.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: AI demand thesis: Bernstein says AI agent-driven chip demand is “off the charts,” implying sustained revenue upside for Broadcom’s data‑center and AI product lines. Bernstein Analyst: AI Agents Drive Chip Demand ‘Off the Charts,' Supply Can't Keep Up
• Positive Sentiment: Company AI positioning: Analysis argues Broadcom’s AI engine and silicon roadmap could power the next decade, supporting higher-margin, recurring revenue potential. Broadcom's AI Engine Could Power The Next Decade
• Positive Sentiment: Macro/sector tailwind: Nasdaq strength and AI enthusiasm continue to spotlight AVGO alongside NVDA and MU as AI infrastructure winners, supporting multiple expansion potential. AI Enthusiasm Powers Nasdaq to All-Time High: 3 Stocks to Grab
• Positive Sentiment: Product catalyst: Broadcom launched a fourth wave of Wi‑Fi 8 chips and a 10G PON chip, broadening its broadband TAM and offering near-term revenue diversification outside pure AI silicon. Broadcom’s New Wi-Fi 8 Push Adds Another Leg To Growth Story
• Positive Sentiment: Institutional buying: Manning & Napier increased its AVGO stake, a signal of continued confidence from some asset managers. Manning & Napier Boosts Broadcom Stake by 22,013 Shares
• Neutral Sentiment: Upcoming catalyst: Broadcom set its Q2 FY2026 earnings release and conference call for June 3 — a formal moment for management to reset guidance and could spark volatility. Broadcom Inc. to Announce Second Quarter Fiscal Year 2026 Financial Results on Wednesday, June 3, 2026
• Neutral Sentiment: Analyst sentiment/coverage: Multiple outlets note bullish analyst recommendations on AVGO; useful for flows but may already be priced in and can produce headline-driven volatility. Wall Street Bulls Look Optimistic About Broadcom Inc. (AVGO): Should You Buy?
• Negative Sentiment: Near-term price pressure: A Zacks note flags that AVGO dipped more than the broader market today — consistent with profit taking and rotation despite the positive fundamentals. Why Broadcom Inc. (AVGO) Dipped More Than Broader Market Today

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.

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.