Broadcom Inc. $AVGO Shares Sold by GF Fund Management CO. LTD.

Key Points

• GF Fund Management cut its stake in Broadcom by 26.2%, selling 217,184 shares and leaving 610,896 shares valued at about $211.4 million, making AVGO ~3.6% of the firm's portfolio (its 6th largest holding).
• Broadcom posted a strong quarter — $2.05 EPS vs. $2.03 expected and $19.31B revenue (up 29.5% YoY) — and is receiving bullish analyst support and positive momentum from AI/cloud partnerships (average target ≈ $435.30).
• Insiders have been selling: 324,282 shares (~$106.4 million) were sold over the last three months, including Mark D. Brazeal’s 50,488‑share sale (~$16.24M).

GF Fund Management CO. LTD. lowered its position in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 26.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 610,896 shares of the semiconductor manufacturer's stock after selling 217,184 shares during the period. Broadcom comprises approximately 3.6% of GF Fund Management CO. LTD.'s investment portfolio, making the stock its 6th biggest position. GF Fund Management CO. LTD.'s holdings in Broadcom were worth $211,431,000 at the end of the most recent quarter.

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

Broadcom Stock Up 0.7%

Shares of Broadcom stock opened at $422.76 on Friday. The company has a market capitalization of $2.00 trillion, a P/E ratio of 82.57, a P/E/G ratio of 0.87 and a beta of 1.24. The company has a 50 day moving average of $341.04 and a 200 day moving average of $347.87. Broadcom Inc. has a 52-week low of $184.02 and a 52-week high of $429.31. 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 (NASDAQ:AVGO - Get Free Report) last released its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, topping 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 net margin of 36.57% and a return on equity of 38.61%. The company's revenue for the quarter was up 29.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.60 EPS. As a group, research analysts forecast that Broadcom Inc. will post 9.95 EPS for the current fiscal year.

Broadcom Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have commented on AVGO. Wolfe Research upgraded shares of Broadcom from a "peer perform" rating to an "outperform" rating and set a $400.00 price objective for the company in a report on Friday, January 30th. Mizuho reiterated an "outperform" rating and issued a $480.00 price objective on shares of Broadcom in a report on Thursday, April 16th. Wells Fargo & Company upgraded shares of Broadcom from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $410.00 to $430.00 in a report on Thursday, January 15th. The Goldman Sachs Group reissued a "buy" rating and issued a $450.00 price target on shares of Broadcom in a research note on Monday, January 5th. Finally, Truist Financial increased their price target on shares of Broadcom from $510.00 to $545.00 and gave the company a "buy" rating in a research note on Thursday, March 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Broadcom has an average rating of "Moderate Buy" and an average target price of $435.30.

Insider Activity

In related news, insider Mark David Brazeal sold 50,488 shares of Broadcom 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. This trade represents a 15.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Justine Page sold 2,018 shares of Broadcom stock in a transaction 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 in the company, valued at $6,411,892. This represents a 10.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 324,282 shares of company stock worth $106,425,249 over the last three months. Company insiders own 1.90% of the company's stock.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Expanded Google Cloud collaboration — Broadcom and Google launched Cloud Network Insights (end‑to‑end network observability for multi‑cloud/hybrid/SaaS), which supports Broadcom’s push into higher‑margin infrastructure software and recurring revenue. Read More.
• Positive Sentiment: Multi‑year Meta AI infrastructure partnership — a large cloud/AI customer win that expands Broadcom’s addressable market in AI infrastructure and validates its enterprise AI roadmap. Read More.
• Positive Sentiment: VMware Tanzu integration for enterprise AI — Broadcom extended its software stack into a secure runtime for Autonomous AI on VMware, reinforcing software recurring revenue and enterprise AI positioning. Read More.
• Positive Sentiment: Broad sector tailwind — the Philadelphia Semiconductor Index (SOXX) logged a record 17‑day winning streak, reflecting strong demand momentum across chips and lifting broad market sentiment for AVGO. Read More.
• Positive Sentiment: Technical and analyst backing — AVGO formed a bullish 50/200-day "golden cross" (a common momentum signal), and analysts call AVGO one of the few drivers of big 2026 earnings growth alongside NVDA; high-profile investor mentions (e.g., Ken Griffin) add institutional interest. Read More. Read More. Read More.
• Neutral Sentiment: Analyst/commentary roundups — several outlets published bullish theses and “stocks to buy” lists highlighting AVGO’s AI exposure and software mix; useful for sentiment but mainly a compilation of existing catalysts. Read More.
• Negative Sentiment: Valuation and positioning risk — coverage notes elevated trailing/forward P/E ratios and AVGO trading near its 52‑week highs, which increases downside if growth expectations slip or macro sentiment turns. Read More.

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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