Broadcom Inc. $AVGO Stock Position Increased by Whittier Trust Co.

Key Points

• Whittier Trust Co. boosted its Broadcom stake by 2.3% to 795,026 shares (about $273.3M), making AVGO its 8th-largest holding.
• Insider selling has been notable — S. Ram Velaga sold 8,000 shares and Charlie B. Kawwas sold 10,000 shares recently, with insiders offloading 324,282 shares (~$106.4M) over the past 90 days; insiders now own 1.90% of the company.
• AI/cloud partnerships (Meta, Google Cloud, VMware) and bullish analyst coverage support upside—MarketBeat shows a "Moderate Buy" consensus and $435.30 target—yet AVGO trades near its 52-week high with a high P/E (~82.6) and a modest 0.6% dividend yield.

Whittier Trust Co. boosted its stake in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 2.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 795,026 shares of the semiconductor manufacturer's stock after buying an additional 18,106 shares during the period. Broadcom makes up approximately 3.0% of Whittier Trust Co.'s holdings, making the stock its 8th largest holding. Whittier Trust Co.'s holdings in Broadcom were worth $273,306,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. JCIC Asset Management Inc. bought a new position in Broadcom in the 3rd quarter valued at $31,000. Miller Global Investments LLC bought a new position in Broadcom in the 4th quarter valued at $31,000. Manning & Napier Advisors LLC bought a new position in Broadcom in the 3rd quarter valued at $34,000. Family CFO Inc bought a new position in Broadcom in the 4th quarter valued at $35,000. Finally, PayPay Securities Corp grew its position 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 own 76.43% of the company's stock.

Insider Activity at Broadcom

In related news, insider S. Ram Velaga sold 8,000 shares of the firm's stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $370.52, for a total transaction of $2,964,160.00. Following the sale, the insider owned 57,932 shares of the company's stock, valued at $21,464,964.64. This trade represents a 12.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Charlie B. Kawwas sold 10,000 shares of the firm's stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $345.23, for a total value of $3,452,300.00. Following the sale, the insider directly owned 787,184 shares in the company, valued at approximately $271,759,532.32. The trade was a 1.25% 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. Company insiders own 1.90% of the company's stock.

Key Headlines Impacting 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.

Analyst Upgrades and Downgrades

Several equities analysts have commented on AVGO shares. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $450.00 price objective on shares of Broadcom in a research report on Monday, January 5th. Benchmark reaffirmed a "buy" rating and issued a $485.00 price objective on shares of Broadcom in a research report on Thursday, March 5th. Erste Group Bank downgraded Broadcom from a "buy" rating to a "hold" rating in a research report on Thursday, April 2nd. Royal Bank Of Canada cut their price objective on Broadcom from $370.00 to $340.00 and set a "sector perform" rating on the stock in a research report on Monday, March 2nd. Finally, DA Davidson raised Broadcom to a "hold" rating in a research report on Friday, February 13th. Two equities 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 stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $435.30.

Broadcom Price Performance

AVGO opened at $422.76 on Friday. Broadcom Inc. has a 12-month low of $184.02 and a 12-month high of $429.31. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80. The business's fifty day simple moving average is $341.04 and its 200-day simple moving average is $347.79. The company has a market capitalization of $2.00 trillion, a price-to-earnings ratio of 82.57, a PEG ratio of 0.87 and a beta of 1.24.

Broadcom (NASDAQ:AVGO - Get Free Report) last posted its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $19.10 billion. During the same quarter in the prior year, the company earned $1.60 EPS. The business's revenue was up 29.5% compared to the same quarter last year. On average, equities research analysts anticipate 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. Investors of record on Monday, March 23rd were given a dividend of $0.65 per share. 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 presently 50.78%.

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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