Broadcom Inc. $AVGO is Virtus Wealth Solutions LLC's 5th Largest Position

Key Points

• Virtus Wealth Solutions LLC increased its position in Broadcom Inc. (AVGO) by 3.5% in Q4 to 86,512 shares, making AVGO its 5th-largest holding worth about $29.94 million.
• Broadcom beat quarterly estimates (EPS $2.05 vs. $2.03; revenue $19.31B vs. $19.10B), reported ~29.5% YoY revenue growth, and trades near a ~$1.99–$2.0 trillion market cap with AI demand and a reported multi‑year deal with Meta underpinning a bullish outlook; consensus rating is a "Moderate Buy" with a target of $435.30.
• Investor caution: insiders have sold roughly 324,282 shares (~$106.4M) in the past 90 days, and analysts warn of overbought/supply risk after a sharp rally, which could raise volatility or trigger pullbacks.

Virtus Wealth Solutions LLC increased its position in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 3.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 86,512 shares of the semiconductor manufacturer's stock after acquiring an additional 2,888 shares during the quarter. Broadcom comprises 5.7% of Virtus Wealth Solutions LLC's investment portfolio, making the stock its 5th largest holding. Virtus Wealth Solutions LLC's holdings in Broadcom were worth $29,942,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AVGO. JCIC Asset Management Inc. purchased a new stake in Broadcom in the 3rd quarter worth about $31,000. Miller Global Investments LLC purchased a new stake in Broadcom in the 4th quarter worth about $31,000. Nvest Wealth Strategies Inc. purchased a new stake in Broadcom in the 4th quarter worth about $33,000. Manning & Napier Advisors LLC purchased a new stake in Broadcom in the 3rd quarter worth about $34,000. Finally, Family CFO Inc purchased a new stake in Broadcom in the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 76.43% of the company's stock.

Broadcom Stock Performance

NASDAQ:AVGO opened at $421.28 on Friday. The business has a 50 day moving average of $347.36 and a 200 day moving average of $349.75. The company has a market capitalization of $1.99 trillion, a price-to-earnings ratio of 82.28, a PEG ratio of 0.87 and a beta of 1.43. Broadcom Inc. has a 1-year low of $195.94 and a 1-year high of $429.31. 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 released its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, topping analysts' consensus estimates of $2.03 by $0.02. The company had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.Broadcom's quarterly revenue was up 29.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 EPS. On average, sell-side analysts predict that Broadcom Inc. will post 9.95 earnings per share for the current fiscal year.

Broadcom Announces Dividend

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

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: AI demand and bullish fiscal outlook — Analysts point to surging AI revenues, new XPU and networking products and a bullish fiscal‑2026 outlook as the core growth thesis supporting AVGO’s rally. Broadcom Shares Trade Near 52-Week High: Can the Rally Continue?
• Positive Sentiment: Large customer deals — Reports say Broadcom reached a multi‑year AI chip agreement with Meta, boosting near‑term revenue visibility from a top hyperscaler. Broadcom just reached a 3-year AI chip deal with Meta. Does that make AVGO stock a buy?
• Positive Sentiment: Hyperscaler capex tailwinds — Strong Google and Meta earnings and guidance point to continued AI capex (TPUs, custom networking), directly supporting Broadcom’s product demand outlook. Big-Tech Earnings: Google and Meta's Results Support Broadcom's Outlook
• Positive Sentiment: Product and market‑cap milestones — Broadcom unveiled Wi‑Fi 8 and optimized 10G PON chips for broadband and recently crossed roughly a $2 trillion valuation, reinforcing market confidence in both product roadmap and scale. Broadcom Accelerates Multi‑Gig Broadband with Optimized 10G PON and Wi‑Fi 8 Solutions for Mass Market
• Neutral Sentiment: Institutional buying — Notable investors and funds have increased stakes in AVGO, signaling confidence but not guaranteeing further upside. Alecta Pensionsforsakring Boosts Broadcom Stake by 398,900 Shares
• Neutral Sentiment: Sector rotation and comparisons — Commentary comparing AVGO to peers (AMD, NVDA) highlights relative strength but also shows investors weighing which chip names will best capture the AI build‑out. Why AMD, AVGO are outperforming Nvidia after Big Tech earnings
• Negative Sentiment: Overbought / supply risk — A Schwab analyst warns chip stocks have experienced a sharp rally and face “overhead supply” risk, suggesting potential pullbacks or increased volatility if buyers pause. Schwab Analyst: Chip Stocks Face ‘Overhead Supply' Risk After 50% Rally Off March Lows

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Rosenblatt Securities reaffirmed a "buy" rating and set a $500.00 target price on shares of Broadcom in a report on Tuesday, April 7th. Benchmark reaffirmed a "buy" rating and set a $485.00 target price on shares of Broadcom in a report on Thursday, March 5th. Weiss Ratings lowered Broadcom from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, April 24th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $450.00 target price on shares of Broadcom in a report on Monday, January 5th. Finally, Wolfe Research raised Broadcom from a "peer perform" rating to an "outperform" rating and set a $400.00 target price for the company in a report on Friday, January 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $435.30.

Insider Buying and Selling

In other Broadcom news, insider Mark David Brazeal sold 50,488 shares of Broadcom stock in a transaction that occurred on 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 transaction, the insider directly owned 278,141 shares of the company's stock, valued at $89,450,145.60. The trade was a 15.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Charlie B. Kawwas sold 10,000 shares of Broadcom stock in a transaction that occurred on 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 transaction, the insider directly owned 787,184 shares in the company, valued at $271,759,532.32. This trade represents a 1.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 324,282 shares of company stock worth $106,425,249 over the last ninety days. Corporate insiders own 1.90% of the company's stock.

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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