Broadcom Inc. $AVGO Stock Position Raised by Blue Fin Capital Inc.

Key Points

• Blue Fin Capital increased its stake in Broadcom by 25.5% in Q4, buying an additional 7,057 shares to hold 34,720 shares worth $12,017,000, making Broadcom about 1.9% of the firm's portfolio and its 12th-largest holding.
• Analyst sentiment is largely positive with a consensus rating of Moderate Buy and an average price target of $435.30, while several firms have raised targets and issued buy/overweight ratings (e.g., Truist $545, Rosenblatt $500, Goldman Sachs buy $450).
• Broadcom’s outlook is supported by expanding custom-AI deals with hyperscalers (Meta, Google, Anthropic), but near-term headwinds include competition rumors (Marvell) and notable insider selling—324,282 shares (~$106.4M) sold over the last three months.

Blue Fin Capital Inc. increased its position in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 25.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 34,720 shares of the semiconductor manufacturer's stock after purchasing an additional 7,057 shares during the period. Broadcom comprises about 1.9% of Blue Fin Capital Inc.'s investment portfolio, making the stock its 12th biggest holding. Blue Fin Capital Inc.'s holdings in Broadcom were worth $12,017,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. JCIC Asset Management Inc. acquired a new stake in shares of Broadcom in the third quarter worth $31,000. Miller Global Investments LLC acquired a new position in Broadcom during the fourth quarter valued at $31,000. Manning & Napier Advisors LLC purchased a new stake in Broadcom in the 3rd quarter worth about $34,000. Navigoe LLC lifted its stake in Broadcom by 515.0% in the 3rd quarter. Navigoe LLC now owns 123 shares of the semiconductor manufacturer's stock worth $40,000 after acquiring an additional 103 shares in the last quarter. Finally, Stone House Investment Management LLC boosted its position in Broadcom by 600.0% during the 3rd quarter. Stone House Investment Management LLC now owns 140 shares of the semiconductor manufacturer's stock worth $46,000 after acquiring an additional 120 shares during the period. 76.43% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on AVGO. The Goldman Sachs Group reaffirmed a "buy" rating and set a $450.00 target price on shares of Broadcom in a research note on Monday, January 5th. Seaport Research Partners reissued a "neutral" rating on shares of Broadcom in a research report on Wednesday, April 8th. Truist Financial raised their price target on shares of Broadcom from $510.00 to $545.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. Wells Fargo & Company upgraded shares of Broadcom from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $410.00 to $430.00 in a research note on Thursday, January 15th. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $500.00 target price on shares of Broadcom in a research report on Tuesday, April 7th. Two investment 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's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $435.30.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Continued hyperscaler deals and analyst praise reinforce Broadcom’s long-term AI infrastructure thesis — recent coverage highlights Broadcom’s expanding custom-AI pipeline (Meta, Google, Anthropic) and positions the company as a core AI-infrastructure play. How Software Powers Broadcom’s $2 Trillion AI Boom
• Positive Sentiment: Analyst commentary highlights Broadcom’s extended pact with Meta through 2029 as a structural revenue driver for AI infrastructure, supporting longer-term ETF and sector flows into companies tied to hyperscalers. The Zacks Analyst Blog Broadcom, Meta, IGM, QQQ and AIQ
• Positive Sentiment: Opinion pieces argue the Meta-Broadcom arrangement reduces hyperscaler dependence on NVIDIA and signals a strategic shift that could expand Broadcom’s addressable market for custom AI silicon and software. The Meta-Broadcom AI Chip Deal: A Shift From Nvidia Dependence, Not Displacement
• Neutral Sentiment: Macro/sector stories on the AI race (who could rival Apple by 2028) frame Broadcom as a major beneficiary of AI infrastructure demand, but these are thematic rather than firm-specific catalysts. Two AI giants that could rival Apple's market cap by 2028
• Negative Sentiment: Short-term selling pressure came after reports that Marvell is in talks to design AI chips for Google — that rumor helped Marvell rally and prompted some rotation out of Broadcom on fears of increased competition for hyperscaler deals. Marvell pops on report it will help Google with custom AI chips. Broadcom shares sink
• Negative Sentiment: Institutional trimming: Sumitomo Mitsui Trust reduced its Broadcom stake recently, which can add incremental near-term selling pressure even as strategic buyers remain active. Broadcom Inc. $AVGO is Sumitomo Mitsui Trust Group Inc.’s 6th Largest Position

Insider Buying and Selling

In related news, insider S. Ram Velaga sold 8,000 shares of Broadcom stock in a transaction on Friday, April 10th. The shares were 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. The trade was a 12.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gayla J. Delly sold 1,000 shares of the company's stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $358.31, for a total transaction of $358,310.00. Following the completion of the sale, the director owned 32,352 shares of the company's stock, valued at $11,592,045.12. This represents a 3.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 324,282 shares of company stock valued at $106,425,249. 1.90% of the stock is owned by company insiders.

Broadcom Stock Down 1.7%

AVGO opened at $399.63 on Tuesday. The company has a market capitalization of $1.89 trillion, a PE ratio of 78.05, a price-to-earnings-growth ratio of 0.84 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 Inc. has a fifty-two week low of $161.61 and a fifty-two week high of $414.61. The business has a 50-day moving average of $334.48 and a 200-day moving average of $345.69.

Broadcom (NASDAQ:AVGO - Get Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, beating the consensus estimate 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 analysts' expectations of $19.10 billion. During the same quarter in the previous year, the business posted $1.60 EPS. The firm's quarterly revenue was up 29.5% compared to the same quarter last year. Equities research analysts forecast that Broadcom Inc. will post 9.95 EPS for the current fiscal 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 given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom's payout ratio is currently 50.78%.

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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