Broadcom Inc. $AVGO Shares Purchased by Border to Coast Pensions Partnership Ltd

Key Points

• Border to Coast Pensions Partnership Ltd increased its Broadcom stake by 5.2% in Q4, adding 26,555 shares to hold 538,493 shares valued at $186,712,000, which represents 3.3% of its portfolio and is its 7th largest position.
• Significant insider selling occurred: Charlie B. Kawwas sold 39,116 shares and CFO Kirsten M. Spears sold 36,292 shares on March 17, and insiders have disposed of 324,282 shares (~$106.4M) in the past 90 days, leaving insiders with 1.90% ownership.
• Broadcom's outlook is supported by extended AI partnerships (including Meta through 2029 and expanded Google Cloud ties), a recent earnings beat and analyst upgrades, leaving the stock with a consensus Moderate Buy and a $435.30 average target amid a ~$2.0T market cap.

Border to Coast Pensions Partnership Ltd boosted its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 5.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 538,493 shares of the semiconductor manufacturer's stock after acquiring an additional 26,555 shares during the period. Broadcom accounts for 3.3% of Border to Coast Pensions Partnership Ltd's portfolio, making the stock its 7th largest position. Border to Coast Pensions Partnership Ltd's holdings in Broadcom were worth $186,712,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Miller Global Investments LLC acquired a new position in shares of Broadcom in the 4th quarter valued at $31,000. JCIC Asset Management Inc. acquired a new stake in shares of Broadcom during the third quarter worth about $31,000. Family CFO Inc acquired a new stake in shares of Broadcom during the fourth quarter worth about $35,000. Manning & Napier Advisors LLC acquired a new position in Broadcom in the 3rd quarter worth $34,000. Finally, PayPay Securities Corp boosted its stake in Broadcom by 88.9% in the 4th quarter. PayPay Securities Corp now owns 119 shares of the semiconductor manufacturer's stock worth $41,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 76.43% of the company's stock.

Insider Activity at Broadcom

In other news, insider Charlie B. Kawwas sold 39,116 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $321.61, for a total transaction of $12,580,096.76. Following the transaction, the insider directly owned 74,626 shares of the company's stock, valued at approximately $24,000,467.86. This trade represents a 34.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kirsten M. Spears sold 36,292 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $11,671,507.20. Following the transaction, the chief financial officer directly owned 327,760 shares in the company, valued at $105,407,616. This represents a 9.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 324,282 shares of company stock valued at $106,425,249 in the last 90 days. Insiders own 1.90% of the company's stock.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom unveiled a secure runtime for Autonomous AI via the VMware Tanzu Platform, extending its AI software footprint into enterprise agent workloads — a move that broadens high‑margin software revenue potential. Broadcom Inc. (AVGO) Extends AI Reach with VMware Tanzu Platform for Enterprise AI
• Positive Sentiment: Broadcom expanded collaboration with Google Cloud on Cloud Network Insights (via AppNeta), strengthening its cloud observability offerings and ties with a hyperscaler — supportive for recurring software/services revenue. Broadcom Expands Collaboration with Google Cloud on Cloud Network Insights
• Positive Sentiment: Benchmark reiterated a Buy and $485 price target, citing the Meta AI partnership and scope for Broadcom to exceed its AI revenue targets — analyst support can drive buying momentum. Benchmark Bullish on Broadcom (AVGO), Here’s What the Firm Thinks About Meta Deal
• Positive Sentiment: Broadcom and Meta extended their AI pact into 2029, signaling multi‑year revenue visibility from hyperscaler partnerships and reinforcing investor confidence in sustained AI demand. Broadcom and Meta Extend AI Pact Into 2029 as Shares Climb to $400
• Positive Sentiment: Broadcom launched Arcot Smart Ruleset, an AI-driven payments fraud product, diversifying its AI exposure into fintech security — a potential new software revenue stream outside semiconductors. Broadcom Extends AI Story With Arcot Smart Ruleset In Payments
• Neutral Sentiment: Media pieces and lists (Zacks, Yahoo) continue to position Broadcom among top AI infrastructure names, keeping sentiment favorable but already priced into a rally. 5 Top-Ranked AI Infrastructure Bigwigs for Sparkling Returns in 2026
• Neutral Sentiment: Insider/congressional filings and notable trades (lawmakers, Pelosi disclosures) have shown purchases in AVGO, which can bolster retail/flow interest but are not fundamental proof of future performance. Lawmakers Bet Big on These 3 Stocks—Should You? (AVGO)
• Neutral Sentiment: Shareholders approved the board, auditor and executive pay at the annual meeting — reduces governance uncertainty but is unlikely to move fundamentals materially. Broadcom Shareholders Back Board, Auditor and Executive Pay
• Negative Sentiment: Valuation skepticism: analyses flag that Broadcom’s sharp run (one‑year surge) leaves it richly priced, which raises risk of multiple contraction if growth disappoints. Is Broadcom (AVGO) Pricing In Too Much After Its 139% One Year Surge?

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on AVGO shares. DA Davidson raised shares of Broadcom to a "hold" rating in a report on Friday, February 13th. Benchmark reaffirmed a "buy" rating and issued a $485.00 target price on shares of Broadcom in a report on Thursday, March 5th. Morgan Stanley upped their target price on shares of Broadcom from $462.00 to $470.00 and gave the company an "overweight" rating in a report on Friday, March 6th. Mizuho reaffirmed an "outperform" rating and issued a $480.00 target price on shares of Broadcom in a report on Thursday, April 16th. Finally, Citigroup upped their target price on shares of Broadcom from $458.00 to $475.00 and gave the company a "buy" rating in a report on Thursday, March 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Broadcom has a consensus rating of "Moderate Buy" and a consensus target price of $435.30.

Broadcom Stock Up 5.1%

Broadcom stock opened at $422.65 on Thursday. The stock has a market cap of $2.00 trillion, a P/E ratio of 82.55, a P/E/G ratio of 0.83 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 twelve month low of $175.82 and a twelve month high of $423.20. The company's 50-day moving average price is $337.32 and its two-hundred day moving average price is $346.68.

Broadcom (NASDAQ:AVGO - Get Free Report) last released its quarterly 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 firm 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 period in the prior year, the firm earned $1.60 EPS. As a group, analysts expect that Broadcom Inc. will post 9.95 EPS for the current year.

Broadcom Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom's dividend payout ratio is currently 50.78%.

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.

Want to see what other hedge funds are holding AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO - Free Report).

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.