Broadcom Inc. $AVGO Shares Purchased by Brookwood Investment Group LLC

Key Points

• Brookwood Investment Group boosted its stake in Broadcom by 20.9% in Q4 to 61,684 shares worth about $21.35 million, representing roughly 2.6% of its portfolio and the stock's fifth-largest holding.
• Major institutional investors (Arrowstreet, Nordea, MFS, Mercer) have materially increased positions—institutional ownership is 76.43%—and several brokers have raised price targets, with a consensus "Moderate Buy" and a $435.30 average target, supported by multi‑year AI partnerships.
• Insider selling has continued (324,282 shares sold, ~$106.4M in the last 90 days) even as Broadcom beat quarterly EPS and revenue estimates (EPS $2.05; revenue $19.31B, +29.5% y/y) and paid a $0.65 quarterly dividend.

Brookwood Investment Group LLC boosted its stake in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 20.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,684 shares of the semiconductor manufacturer's stock after purchasing an additional 10,668 shares during the period. Broadcom makes up about 2.6% of Brookwood Investment Group LLC's investment portfolio, making the stock its 5th biggest holding. Brookwood Investment Group LLC's holdings in Broadcom were worth $21,349,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in AVGO. Arrowstreet Capital Limited Partnership increased its holdings in Broadcom by 499.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,634,232 shares of the semiconductor manufacturer's stock valued at $1,858,789,000 after purchasing an additional 4,694,313 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Broadcom by 47.5% during the fourth quarter. Nordea Investment Management AB now owns 9,814,757 shares of the semiconductor manufacturer's stock valued at $3,406,211,000 after acquiring an additional 3,160,586 shares in the last quarter. Danske Bank A S acquired a new stake in shares of Broadcom during the third quarter valued at about $987,488,000. Massachusetts Financial Services Co. MA grew its stake in shares of Broadcom by 41.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,520,644 shares of the semiconductor manufacturer's stock valued at $2,811,046,000 after acquiring an additional 2,503,304 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its stake in shares of Broadcom by 212.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,016,048 shares of the semiconductor manufacturer's stock valued at $332,714,000 after acquiring an additional 1,919,017 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Justine Page sold 2,018 shares of the business's stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $353.00, for a total transaction of $712,354.00. Following the sale, the director owned 18,164 shares of the company's stock, valued at $6,411,892. The trade was a 10.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider S. Ram Velaga sold 8,000 shares of the business's stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $370.52, for a total value of $2,964,160.00. Following the sale, the insider directly owned 57,932 shares in the company, valued at approximately $21,464,964.64. The trade was a 12.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 324,282 shares of company stock valued at $106,425,249 over the last 90 days. Corporate insiders own 1.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AVGO. Morgan Stanley raised their target price on Broadcom from $462.00 to $470.00 and gave the company an "overweight" rating in a research note on Friday, March 6th. JPMorgan Chase & Co. increased their price target on shares of Broadcom from $475.00 to $500.00 and gave the stock an "overweight" rating in a research report on Thursday, March 5th. Truist Financial increased their price target on shares of Broadcom from $510.00 to $545.00 and gave the stock a "buy" rating in a research report on Thursday, March 5th. Seaport Research Partners reaffirmed a "neutral" rating on shares of Broadcom in a research report on Wednesday, April 8th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $500.00 price target on shares of Broadcom in a research report on Tuesday, April 7th. Two investment 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 data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $435.30.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Expanded Meta tie-up materially boosts multi‑year AI revenue visibility — Broadcom and Meta extended a multi‑generation partnership through at least 2029 to co‑develop MTIA AI accelerators and Ethernet networking, with an initial commitment of more than 1GW of custom compute capacity. AI's Cash Splash Continues: Meta Platforms and Broadcom Expand Custom Chip Partnership
• Positive Sentiment: Deals with other big AI customers broaden demand — reports that Broadcom has secured multi‑year partnerships with Google and Anthropic (and similar coverage of new customer wins) signal multi‑customer, multi‑generation demand for Broadcom’s custom accelerators and networking. Broadcom (AVGO) Stock Climbs 28% on Major AI Partnerships With Tech Giants
• Positive Sentiment: Analyst upgrades and media endorsements are amplifying buying interest — Jim Cramer and several firms have highlighted Broadcom as the key play on Meta’s chip program, and a number of brokers have raised targets, supporting momentum. Cramer says Broadcom is the real play in Meta’s chip partnership
• Neutral Sentiment: Software/AI platform moves expand TAM — Broadcom announced Tanzu Platform agent foundations for secure agentic runtimes, which supports its enterprise software strategy but is a longer‑term revenue play relative to the hyperscaler deals. Broadcom Announces Tanzu Platform Agent Foundations
• Negative Sentiment: Insider selling continues — recent filings show executives/directors trimming positions, which can weigh on near‑term sentiment despite company growth narrative. Broadcom insider selling (MarketBeat)
• Negative Sentiment: Concentration and competitive risk remain — analysts warn that heavy exposure to a few hyperscalers and fierce competition (e.g., NVIDIA and in‑house designs) could limit upside or inject volatility if sourcing/pricing dynamics shift. Broadcom Meta Chip Alliance Deepens AI Ties And Concentration Risks

Broadcom Stock Performance

AVGO opened at $398.47 on Friday. The business's 50 day moving average is $331.89 and its 200-day moving average is $344.53. The stock has a market cap of $1.89 trillion, a PE ratio of 77.83, a price-to-earnings-growth ratio of 0.82 and a beta of 1.24. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80. Broadcom Inc. has a twelve month low of $161.61 and a twelve month high of $414.61.

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 analysts' consensus estimates of $2.03 by $0.02. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The company 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 company posted $1.60 earnings per share. The business's revenue for the quarter was up 29.5% compared to the same quarter last year. On average, analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current 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 issued a dividend of $0.65 per share. 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 payout ratio is presently 50.78%.

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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