Broadcom Inc. $AVGO Position Decreased by Richard C. Young & CO. LTD.

Key Points

• Richard C. Young & CO. LTD trimmed its Broadcom stake by 2.6% in Q4 to 131,200 shares (worth $45.41M), leaving AVGO as the fund’s third-largest holding at about 4.1% of the portfolio.
• Analysts remain broadly bullish with a consensus rating of Moderate Buy and an average price target of $435.30, citing AI demand, new products and a reported multi‑year AI chip deal with Meta as growth drivers.
• At the same time insiders have been sizeable net sellers—324,282 shares (~$106.4M) sold in the past three months—while institutional ownership is roughly 76.4%.

Richard C. Young & CO. LTD. lessened its holdings in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 2.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 131,200 shares of the semiconductor manufacturer's stock after selling 3,453 shares during the period. Broadcom makes up approximately 4.1% of Richard C. Young & CO. LTD.'s portfolio, making the stock its 3rd biggest holding. Richard C. Young & CO. LTD.'s holdings in Broadcom were worth $45,408,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AVGO. Brighton Jones LLC boosted its stake in shares of Broadcom by 21.8% in the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer's stock worth $6,882,000 after buying an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Broadcom by 10.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer's stock valued at $1,854,000 after purchasing an additional 756 shares during the last quarter. United Bank lifted its stake in Broadcom by 76.5% in the first quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer's stock valued at $392,000 after purchasing an additional 1,014 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in Broadcom by 10.1% in the second quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer's stock valued at $3,499,000 after purchasing an additional 1,160 shares during the last quarter. Finally, Capital & Planning LLC lifted its stake in Broadcom by 10.5% in the second quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer's stock valued at $1,098,000 after purchasing an additional 378 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AVGO shares. Morgan Stanley upped their price objective on Broadcom from $462.00 to $470.00 and gave the company an "overweight" rating in a research note on Friday, March 6th. Seaport Research Partners reiterated a "neutral" rating on shares of Broadcom in a research note on Wednesday, April 8th. Benchmark reiterated a "buy" rating and issued a $485.00 price objective on shares of Broadcom in a research note on Thursday, March 5th. Rosenblatt Securities reiterated a "buy" rating and issued a $500.00 price objective on shares of Broadcom in a research note on Tuesday, April 7th. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $450.00 price objective on shares of Broadcom in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, Broadcom has a consensus rating of "Moderate Buy" and an average price target of $435.30.

Insider Buying and Selling at Broadcom

In other Broadcom news, insider Charlie B. Kawwas sold 10,000 shares of the business's stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $345.23, for a total transaction of $3,452,300.00. Following the sale, the insider owned 787,184 shares of the company's stock, valued at $271,759,532.32. The trade was a 1.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Mark David Brazeal sold 50,488 shares of the business's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $16,236,940.80. Following the sale, the insider directly owned 278,141 shares in the company, valued at $89,450,145.60. The trade was a 15.36% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 324,282 shares of company stock worth $106,425,249. Company insiders own 1.90% of the company's stock.

Key Headlines 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

Broadcom Stock Performance

Shares of AVGO stock opened at $421.28 on Monday. The company's fifty day simple moving average is $347.36 and its two-hundred 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 Inc. has a 1 year low of $195.94 and a 1 year high of $429.31. The stock 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 (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, beating analysts' consensus estimates of $2.03 by $0.02. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The business had revenue of $19.31 billion for the quarter, compared to analysts' expectations of $19.10 billion. During the same quarter in the previous year, the firm posted $1.60 EPS. The business's revenue for the quarter was up 29.5% compared to the same quarter last year. As a group, analysts anticipate that Broadcom Inc. will post 9.95 earnings per share for the current year.

Broadcom Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were issued 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 yield of 0.6%. Broadcom's payout ratio is presently 50.78%.

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.

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