Braun Stacey Associates Inc. Sells 3,726 Shares of Broadcom Inc. $AVGO

Key Points

• Braun Stacey Associates Inc. trimmed its stake in Broadcom by 1.5%, selling 3,726 shares and ending the quarter with 236,820 shares worth about $81.96 million — roughly 2.7% of its portfolio and its sixth-largest holding.
• Significant insider selling: CFO Kirsten M. Spears sold 36,292 shares and S. Ram Velaga sold 38,841 shares on March 17, and insiders sold 315,282 shares (~$103.1M) in the last quarter; insiders now own 1.90% of the company.
• Fundamentals and AI momentum: Broadcom beat quarterly estimates (EPS $2.05; revenue $19.31B, +29.5% YoY), locked multi‑year AI chip deals with Google and Anthropic that helped drive a stock rally, and retains a consensus "Moderate Buy" analyst rating with a $435.30 target.

Braun Stacey Associates Inc. decreased its position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 236,820 shares of the semiconductor manufacturer's stock after selling 3,726 shares during the quarter. Broadcom makes up approximately 2.7% of Braun Stacey Associates Inc.'s portfolio, making the stock its 6th biggest position. Braun Stacey Associates Inc.'s holdings in Broadcom were worth $81,963,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Baring Financial LLC boosted its holdings in shares of Broadcom by 2.2% during the 4th quarter. Baring Financial LLC now owns 1,359 shares of the semiconductor manufacturer's stock valued at $470,000 after acquiring an additional 29 shares in the last quarter. Five Oceans Advisors boosted its holdings in shares of Broadcom by 0.4% during the 4th quarter. Five Oceans Advisors now owns 8,191 shares of the semiconductor manufacturer's stock valued at $2,835,000 after acquiring an additional 29 shares in the last quarter. Arthur M. Cohen & Associates LLC boosted its holdings in shares of Broadcom by 0.6% during the 3rd quarter. Arthur M. Cohen & Associates LLC now owns 4,781 shares of the semiconductor manufacturer's stock valued at $1,577,000 after acquiring an additional 30 shares in the last quarter. Jackson Hole Capital Partners LLC boosted its holdings in shares of Broadcom by 1.4% during the 3rd quarter. Jackson Hole Capital Partners LLC now owns 2,170 shares of the semiconductor manufacturer's stock valued at $716,000 after acquiring an additional 30 shares in the last quarter. Finally, Private Wealth Partners LLC boosted its holdings in shares of Broadcom by 0.7% during the 3rd quarter. Private Wealth Partners LLC now owns 4,273 shares of the semiconductor manufacturer's stock valued at $1,410,000 after acquiring an additional 30 shares in the last quarter. Institutional investors and hedge funds own 76.43% of the company's stock.

More Broadcom News

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

Insiders Place Their Bets

In other news, CFO Kirsten M. Spears sold 36,292 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 $11,671,507.20. Following the completion of the transaction, the chief financial officer directly owned 327,760 shares of the company's stock, valued at approximately $105,407,616. This trade represents a 9.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider S. Ram Velaga sold 38,841 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 $12,491,265.60. Following the completion of the transaction, the insider directly owned 96,147 shares of the company's stock, valued at approximately $30,920,875.20. This trade represents a 28.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 315,282 shares of company stock valued at $103,102,779. Insiders own 1.90% of the company's stock.

Broadcom Stock Up 4.7%

Shares of NASDAQ:AVGO opened at $371.46 on Friday. The firm has a market cap of $1.76 trillion, a P/E ratio of 72.55, a P/E/G ratio of 0.74 and a beta of 1.24. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80. Broadcom Inc. has a 12-month low of $161.61 and a 12-month high of $414.61. The business has a fifty day simple moving average of $326.18 and a 200 day simple moving average of $343.09.

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, topping the consensus estimate of $2.03 by $0.02. The business had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.Broadcom's revenue for the quarter was up 29.5% compared to the same quarter last year. During the same period last year, the company earned $1.60 EPS. Analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Dividend Announcement

The firm also recently disclosed 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 0.7%. Broadcom's dividend payout ratio (DPR) is 50.78%.

Analyst Upgrades and Downgrades

AVGO has been the topic of several recent research reports. The Goldman Sachs Group reissued a "buy" rating and set a $450.00 price objective on shares of Broadcom in a report on Monday, January 5th. Benchmark reissued a "buy" rating and set a $485.00 price objective on shares of Broadcom in a report on Thursday, March 5th. Citigroup raised their price objective on Broadcom from $458.00 to $475.00 and gave the company a "buy" rating in a report on Thursday, March 5th. Oppenheimer raised their target price on Broadcom from $435.00 to $450.00 and gave the stock an "outperform" rating in a research report on Friday, December 12th. Finally, Royal Bank Of Canada lowered their target price on Broadcom from $370.00 to $340.00 and set a "sector perform" rating for the company in a research report on Monday, March 2nd. Two 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus 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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