Broadcom Inc. $AVGO Shares Purchased by United Advisor Group LLC

Key Points

• United Advisor Group LLC boosted its stake in Broadcom by 30.8% in Q4, buying 1,381 shares to hold 5,860 shares valued at about $2.03 million.
• Broadcom is pushing into higher‑margin AI and software revenue via VMware Tanzu, expanded Google Cloud collaboration and a Meta AI pact extended to 2029, supporting analyst bullishness as shares trade around $422 with a ~$2.0 trillion market cap.
• At the same time, insiders sold heavily (over 324,000 shares worth ~$106.4 million last quarter), while institutional ownership remains high at 76.43%, and valuation is elevated (PE ~82.6), posing upside and risk considerations.

United Advisor Group LLC increased its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 30.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,860 shares of the semiconductor manufacturer's stock after purchasing an additional 1,381 shares during the quarter. United Advisor Group LLC's holdings in Broadcom were worth $2,028,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Dakota Community Bank & Trust NA increased its position in shares of Broadcom by 19.7% during the 4th quarter. Dakota Community Bank & Trust NA now owns 2,579 shares of the semiconductor manufacturer's stock worth $893,000 after purchasing an additional 424 shares during the last quarter. CWM LLC increased its position in shares of Broadcom by 4.0% during the 4th quarter. CWM LLC now owns 650,857 shares of the semiconductor manufacturer's stock worth $225,262,000 after purchasing an additional 24,913 shares during the last quarter. WorthPointe LLC increased its position in shares of Broadcom by 98.0% during the 4th quarter. WorthPointe LLC now owns 1,596 shares of the semiconductor manufacturer's stock worth $552,000 after purchasing an additional 790 shares during the last quarter. Slagle Financial LLC increased its position in shares of Broadcom by 7.0% during the 4th quarter. Slagle Financial LLC now owns 19,629 shares of the semiconductor manufacturer's stock worth $6,794,000 after purchasing an additional 1,282 shares during the last quarter. Finally, Sather Financial Group Inc grew its position in Broadcom by 6.1% in the 4th quarter. Sather Financial Group Inc now owns 2,345 shares of the semiconductor manufacturer's stock valued at $812,000 after acquiring an additional 134 shares in the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds.

Broadcom News Roundup

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?

Broadcom Stock Performance

Shares of AVGO opened at $422.65 on Thursday. The stock has a 50-day simple moving average of $337.32 and a 200-day simple moving average of $346.68. 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 stock has a market capitalization of $2.00 trillion, a PE ratio of 82.55, a PEG ratio of 0.83 and a beta of 1.24. Broadcom Inc. has a 1 year low of $175.82 and a 1 year high of $423.20.

Broadcom (NASDAQ:AVGO - Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.02. The business had revenue of $19.31 billion during the quarter, compared to analysts' expectations of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The business's quarterly revenue was up 29.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.60 EPS. On average, analysts predict that Broadcom Inc. will post 9.95 earnings per share for the current fiscal year.

Broadcom Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, March 23rd. Broadcom's dividend payout ratio (DPR) is presently 50.78%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Benchmark reaffirmed a "buy" rating and issued a $485.00 target price on shares of Broadcom in a research report on Thursday, March 5th. Wells Fargo & Company raised Broadcom from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $410.00 to $430.00 in a research report on Thursday, January 15th. 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 research report on Friday, January 30th. Royal Bank Of Canada dropped their target price on Broadcom from $370.00 to $340.00 and set a "sector perform" rating for the company in a research report on Monday, March 2nd. Finally, Bank of America dropped their target price on Broadcom from $500.00 to $450.00 and set a "buy" rating for the company in a research report on Thursday, March 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $435.30.

Insider Buying and Selling

In other news, insider S. Ram Velaga sold 38,841 shares of Broadcom stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $12,491,265.60. Following the completion of the transaction, the insider owned 96,147 shares in the company, valued at approximately $30,920,875.20. This trade represents a 28.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Kirsten M. Spears sold 36,292 shares of Broadcom stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 327,760 shares of the company's stock, valued at $105,407,616. The trade was a 9.97% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 324,282 shares of company stock worth $106,425,249. 1.90% of the stock is owned by corporate insiders.

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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