Broadcom Inc. $AVGO Stock Holdings Reduced by China Universal Asset Management Co. Ltd.

Key Points

• China Universal Asset Management cut its Broadcom stake by 21.8%, selling 32,178 shares in Q4 and leaving 115,185 shares worth about $39.87 million (Broadcom is ~3.1% of the fund's holdings and its 6th largest position).
• Significant insider selling occurred last quarter—insiders disposed of 324,282 shares valued at $106.4 million (notable sales: S. Ram Velaga 8,000 shares and Mark D. Brazeal 50,488 shares), while institutional ownership remains high at 76.43%.
• Company outlook and valuation remain strong: Broadcom has a ~$1.99 trillion market cap, recently beat earnings with revenue up 29.5% YoY, pays a $2.60 annual dividend (0.6% yield), and holds a "Moderate Buy" consensus with an average price target of $435.30.

China Universal Asset Management Co. Ltd. cut its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 21.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 115,185 shares of the semiconductor manufacturer's stock after selling 32,178 shares during the period. Broadcom accounts for about 3.1% of China Universal Asset Management Co. Ltd.'s holdings, making the stock its 6th biggest position. China Universal Asset Management Co. Ltd.'s holdings in Broadcom were worth $39,866,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Miller Global Investments LLC purchased a new position in shares of Broadcom during the fourth quarter worth approximately $31,000. JCIC Asset Management Inc. purchased a new position in shares of Broadcom during the third quarter worth approximately $31,000. Nvest Wealth Strategies Inc. purchased a new position in shares of Broadcom during the fourth quarter worth approximately $33,000. Family CFO Inc purchased a new position in shares of Broadcom during the fourth quarter worth approximately $35,000. Finally, Manning & Napier Advisors LLC purchased a new position in shares of Broadcom during the third quarter worth approximately $34,000. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Broadcom news, insider S. Ram Velaga sold 8,000 shares of the firm's stock in a transaction 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 completion of the sale, the insider owned 57,932 shares of the company's stock, valued at approximately $21,464,964.64. This trade represents a 12.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark David Brazeal sold 50,488 shares of the firm's 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. This trade represents a 15.36% 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 in the last quarter. Corporate insiders own 1.90% of the company's stock.

Broadcom Price Performance

Shares of NASDAQ AVGO opened at $421.28 on Friday. Broadcom Inc. has a 1-year low of $195.94 and a 1-year high of $429.31. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73. The stock has a fifty day moving average price of $347.36 and a 200 day moving average price of $349.75. The company has a market cap of $1.99 trillion, a PE ratio of 82.28, a P/E/G ratio of 0.87 and a beta of 1.43.

Broadcom (NASDAQ:AVGO - Get Free Report) last released its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS 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 during the quarter, compared to the consensus estimate of $19.10 billion. During the same quarter last year, the company earned $1.60 earnings per share. Broadcom's quarterly revenue was up 29.5% compared to the same quarter last year. Sell-side analysts forecast that Broadcom Inc. will post 9.95 EPS for the current year.

Broadcom Announces Dividend

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

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: AI demand and bullish fiscal outlook — Analysts point to surging AI revenues, new XPU and networking products and a bullish fiscal‑2026 outlook as the core growth thesis supporting AVGO’s rally. Broadcom Shares Trade Near 52-Week High: Can the Rally Continue?
• Positive Sentiment: Large customer deals — Reports say Broadcom reached a multi‑year AI chip agreement with Meta, boosting near‑term revenue visibility from a top hyperscaler. Broadcom just reached a 3-year AI chip deal with Meta. Does that make AVGO stock a buy?
• Positive Sentiment: Hyperscaler capex tailwinds — Strong Google and Meta earnings and guidance point to continued AI capex (TPUs, custom networking), directly supporting Broadcom’s product demand outlook. Big-Tech Earnings: Google and Meta's Results Support Broadcom's Outlook
• Positive Sentiment: Product and market‑cap milestones — Broadcom unveiled Wi‑Fi 8 and optimized 10G PON chips for broadband and recently crossed roughly a $2 trillion valuation, reinforcing market confidence in both product roadmap and scale. Broadcom Accelerates Multi‑Gig Broadband with Optimized 10G PON and Wi‑Fi 8 Solutions for Mass Market
• Neutral Sentiment: Institutional buying — Notable investors and funds have increased stakes in AVGO, signaling confidence but not guaranteeing further upside. Alecta Pensionsforsakring Boosts Broadcom Stake by 398,900 Shares
• Neutral Sentiment: Sector rotation and comparisons — Commentary comparing AVGO to peers (AMD, NVDA) highlights relative strength but also shows investors weighing which chip names will best capture the AI build‑out. Why AMD, AVGO are outperforming Nvidia after Big Tech earnings
• Negative Sentiment: Overbought / supply risk — A Schwab analyst warns chip stocks have experienced a sharp rally and face “overhead supply” risk, suggesting potential pullbacks or increased volatility if buyers pause. Schwab Analyst: Chip Stocks Face ‘Overhead Supply' Risk After 50% Rally Off March Lows

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on AVGO shares. Mizuho restated an "outperform" rating and set a $480.00 target price on shares of Broadcom in a research report on Thursday, April 16th. Zacks Research upgraded shares of Broadcom from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. The Goldman Sachs Group reaffirmed a "buy" rating and set a $450.00 price target on shares of Broadcom in a report on Monday, January 5th. Wells Fargo & Company raised Broadcom from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $410.00 to $430.00 in a report on Thursday, January 15th. Finally, Morgan Stanley increased their price target on Broadcom from $462.00 to $470.00 and gave the stock an "overweight" rating in a report on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $435.30.

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.

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