Broadcom Inc. $AVGO Shares Purchased by Aspiriant LLC

Key Points

• Aspiriant LLC increased its stake in Broadcom by 18.5% during Q4, owning 12,016 shares after adding 1,872 shares, valued at about $4.16 million per its SEC filing.
• Broadcom beat expectations for the quarter (EPS $2.05 vs $2.03; revenue $19.31B, +29.5% YoY), the stock was up ~5%, and multi‑year TPU/networking supply deals with Google and Anthropic are cited as key drivers supporting analyst optimism (consensus "Moderate Buy", avg target $435.30).
• Notable insider selling has occurred recently — insiders sold 273,049 shares (~$88.3M) over the last 90 days (including large sales by S. Ram Velaga and the CFO) while institutional investors own 76.43% of the stock.

Aspiriant LLC increased its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 18.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,016 shares of the semiconductor manufacturer's stock after acquiring an additional 1,872 shares during the period. Aspiriant LLC's holdings in Broadcom were worth $4,158,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Element Squared LLC grew its holdings in Broadcom by 0.8% during the fourth quarter. Element Squared LLC now owns 7,726 shares of the semiconductor manufacturer's stock worth $2,674,000 after acquiring an additional 59 shares during the period. Essex LLC grew its holdings in Broadcom by 15.1% during the fourth quarter. Essex LLC now owns 3,324 shares of the semiconductor manufacturer's stock worth $1,150,000 after acquiring an additional 437 shares during the period. Kavar Capital Partners Group LLC grew its holdings in Broadcom by 1.5% during the fourth quarter. Kavar Capital Partners Group LLC now owns 3,946 shares of the semiconductor manufacturer's stock worth $1,366,000 after acquiring an additional 60 shares during the period. Park Edge Advisors LLC grew its holdings in Broadcom by 5.0% during the fourth quarter. Park Edge Advisors LLC now owns 7,921 shares of the semiconductor manufacturer's stock worth $2,741,000 after acquiring an additional 378 shares during the period. Finally, Howard Capital Management Group LLC grew its holdings in Broadcom by 6.8% during the fourth quarter. Howard Capital Management Group LLC now owns 3,446 shares of the semiconductor manufacturer's stock worth $1,193,000 after acquiring an additional 220 shares during the period. Institutional investors and hedge funds own 76.43% of the company's stock.

Broadcom Stock Up 5.0%

Broadcom stock opened at $350.63 on Thursday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. The firm has a market capitalization of $1.66 trillion, a price-to-earnings ratio of 68.48, a price-to-earnings-growth ratio of 0.67 and a beta of 1.24. Broadcom Inc. has a fifty-two week low of $157.51 and a fifty-two week high of $414.61. The stock's fifty day moving average is $324.89 and its two-hundred day moving average is $342.78.

Broadcom (NASDAQ:AVGO - Get Free Report) last posted its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.02. The company had revenue of $19.31 billion for 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 was up 29.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.60 earnings per share. Analysts predict that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders 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 0.7%. Broadcom's dividend payout ratio is 50.78%.

Analyst Ratings Changes

A number of brokerages recently weighed in on AVGO. Oppenheimer upped their price objective on Broadcom from $435.00 to $450.00 and gave the stock an "outperform" rating in a report on Friday, December 12th. TD Cowen reaffirmed a "buy" rating on shares of Broadcom in a report on Friday, December 12th. Royal Bank Of Canada dropped their price objective on Broadcom from $370.00 to $340.00 and set a "sector perform" rating on the stock in a report on Monday, March 2nd. Wolfe Research raised Broadcom from a "peer perform" rating to an "outperform" rating and set a $400.00 price objective on the stock in a report on Friday, January 30th. Finally, Wells Fargo & Company raised Broadcom from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $410.00 to $430.00 in a report on Thursday, January 15th. Two investment 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, Broadcom has a consensus rating of "Moderate Buy" and an average price target of $435.30.

Insider Transactions at Broadcom

In related news, insider S. Ram Velaga sold 38,841 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $12,491,265.60. Following the sale, the insider owned 96,147 shares of the company's stock, valued at $30,920,875.20. This trade represents a 28.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kirsten M. Spears sold 36,292 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total value of $11,671,507.20. Following the sale, the chief financial officer directly owned 327,760 shares in the company, valued at approximately $105,407,616. The trade was a 9.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 273,049 shares of company stock worth $88,300,115 over the last ninety days. 1.90% of the stock is currently owned by company insiders.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom secured multi‑year TPU and networking supply deals with Google and Anthropic, locking in design/supply agreements through 2031 and expanding its role as a core AI infrastructure partner — a key reason investors are bidding the stock higher. Broadcom (AVGO) Surges on Multi‑Billion Dollar AI Chip Partnerships with Google and Anthropic
• Positive Sentiment: Anthropic will access ~3.5 GW of TPU‑based compute beginning in 2027 (part of a larger commitment). That scale, plus rapid Anthropic revenue growth, supports meaningful long‑term AI revenue upside for Broadcom. Anthropic's Deal With Broadcom Gets AVGO Stock Trending Overnight
• Positive Sentiment: Analysts and commentators are upgrading or reaffirming conviction: Rosenblatt keeps a high $500 price target and research outlets highlight Broadcom as an AI infrastructure enabler alongside Micron. Those endorsements are supporting sentiment. Rosenblatt Buy Rating / Price Target Zacks: Micron and Broadcom
• Neutral Sentiment: Broadcom announced a product launch (Arcot Smart Ruleset) expanding its payments/security software portfolio — strategic but not game‑changing for near‑term revenue vs. the AI deals. Arcot Smart Ruleset Launch
• Neutral Sentiment: Management change: reports of a new CFO introduce some execution/transition risk but are not yet tied to guidance changes. Monitor commentary from the company. Broadcom is getting a new CFO
• Negative Sentiment: Seaport Global cut AVGO to Neutral, warning the AI chip rally may be overextended; that downgrade is a headwind that can cap near‑term upside. Seaport Downgrade
• Negative Sentiment: Other analysts have trimmed ratings (Erste downgraded to Hold) and flagged slower growth in the software segment — reminders that not all parts of Broadcom’s business are accelerating. Downgrade and Software Growth Concerns

About Broadcom

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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