Broadcom Inc. $AVGO Shares Sold by Moran Wealth Management LLC

Key Points

• Moran Wealth Management cut its stake in Broadcom by 10.1% in Q4, leaving it with 205,123 shares worth about $70.99 million — Broadcom is the fund’s largest holding at 2.2%.
• Insiders have been net sellers: Mark Brazeal sold 50,488 shares (~$16.24M) and Charlie Kawwas sold 39,116 shares (~$12.58M), with insiders offloading 324,282 shares (~$106.4M) over the last quarter and now owning 1.9% of the stock.
• Wall Street remains broadly positive — Broadcom posted an earnings beat with revenue up 29.5%, has strong AI/cloud partnerships, and carries an average analyst rating of "Moderate Buy" with a mean price target of $435.30 (market cap ~ $2.0T).

Moran Wealth Management LLC lowered its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 10.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 205,123 shares of the semiconductor manufacturer's stock after selling 23,066 shares during the period. Broadcom comprises 2.2% of Moran Wealth Management LLC's holdings, making the stock its largest holding. Moran Wealth Management LLC's holdings in Broadcom were worth $70,993,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Miller Global Investments LLC bought a new position in Broadcom during the 4th quarter worth $31,000. JCIC Asset Management Inc. acquired a new position in Broadcom during the 3rd quarter worth about $31,000. Family CFO Inc bought a new stake in shares of Broadcom in the 4th quarter valued at about $35,000. Manning & Napier Advisors LLC bought a new stake in shares of Broadcom in the 3rd quarter valued at about $34,000. Finally, PayPay Securities Corp increased its stake in shares of Broadcom by 88.9% in the fourth quarter. PayPay Securities Corp now owns 119 shares of the semiconductor manufacturer's stock valued at $41,000 after buying 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 Broadcom 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 value of $16,236,940.80. Following the completion of the sale, the insider directly owned 278,141 shares of the company's stock, valued at approximately $89,450,145.60. The trade was a 15.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Charlie B. Kawwas sold 39,116 shares of Broadcom stock in a transaction 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 completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 324,282 shares of company stock worth $106,425,249 over the last quarter. 1.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on AVGO shares. Mizuho restated an "outperform" rating and set a $480.00 price objective on shares of Broadcom in a research report on Thursday, April 16th. Zacks Research raised shares of Broadcom from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. Weiss Ratings restated a "buy (b-)" rating on shares of Broadcom in a report on Friday, April 10th. Wells Fargo & Company upgraded shares of Broadcom from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $410.00 to $430.00 in a research report on Thursday, January 15th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and issued a $450.00 price objective on shares of Broadcom in a research note on Monday, January 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Broadcom presently has an average rating of "Moderate Buy" and an average price target of $435.30.

Trending Headlines about Broadcom

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 Stock Up 0.7%

Shares of Broadcom stock opened at $422.76 on Friday. The stock's 50-day moving average is $341.04 and its 200 day moving average is $347.87. Broadcom Inc. has a one year low of $184.02 and a one year high of $429.31. The firm has a market cap of $2.00 trillion, a price-to-earnings ratio of 82.57, a PEG ratio of 0.87 and a beta of 1.24. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73.

Broadcom (NASDAQ:AVGO - Get Free Report) last issued its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, topping 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 business had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same period in the previous year, the company posted $1.60 earnings per share. The firm's revenue for the quarter was up 29.5% on a year-over-year basis. Equities research analysts anticipate that Broadcom Inc. will post 9.95 EPS for the current year.

Broadcom Dividend Announcement

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. The ex-dividend date was Monday, March 23rd. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. Broadcom's payout ratio is currently 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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