CM Wealth Advisors LLC Acquires Shares of 3,822 Broadcom Inc. $AVGO

Key Points

• CM Wealth Advisors LLC acquired a new stake of 3,822 shares of Broadcom (NASDAQ:AVGO) in the fourth quarter, valued at approximately $1.323 million.
• Company insiders have been net sellers — insiders sold 324,282 shares worth about $106.4 million in the past three months, including notable sales by S. Ram Velaga and Mark David Brazeal, leaving insiders with roughly 1.90% ownership.
• Broadcom has multiple positive catalysts and analyst backing, including a multi‑year AI infrastructure deal with Meta, expanded Google Cloud collaboration, and a consensus price target near $435.30.

CM Wealth Advisors LLC acquired a new stake in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,822 shares of the semiconductor manufacturer's stock, valued at approximately $1,323,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AVGO. JCIC Asset Management Inc. purchased a new position in Broadcom during the third quarter valued at $31,000. Miller Global Investments LLC purchased a new position in Broadcom during the fourth quarter valued at $31,000. Manning & Napier Advisors LLC purchased a new position in Broadcom during the third quarter valued at $34,000. Family CFO Inc purchased a new position in Broadcom during the fourth quarter valued at $35,000. Finally, PayPay Securities Corp lifted its position in Broadcom by 88.9% during 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. Hedge funds and other institutional investors own 76.43% of the company's stock.

Insider Buying and Selling

In related news, insider S. Ram Velaga sold 8,000 shares of Broadcom stock in a transaction dated 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 directly owned 57,932 shares in the company, valued at approximately $21,464,964.64. This trade represents a 12.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark David Brazeal sold 50,488 shares of Broadcom stock in a transaction dated Tuesday, March 17th. The stock was 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 owned 278,141 shares of the company's stock, valued at $89,450,145.60. The trade was a 15.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 324,282 shares of company stock worth $106,425,249 in the last three months. 1.90% of the stock is currently owned by company insiders.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Expanded Google Cloud collaboration — Broadcom expanded its Cloud Network Insights/network observability work (built on AppNeta), strengthening product penetration into multi‑cloud and hybrid enterprise networks and supporting recurring software revenue. Article Title
• Positive Sentiment: Multi‑year AI infrastructure deal with Meta — Broadcom and Meta announced a multi‑year partnership to support Meta’s AI infrastructure, reinforcing Broadcom’s exposure to hyperscaler capex for switches, networking and related software. Article Title
• Positive Sentiment: Analyst backing — Benchmark reiterated a Buy and $485 price target, citing the Meta partnership and AI demand as upside to Broadcom’s revenue and margin targets. Analyst support can bolster investor confidence and limit downside. Article Title
• Positive Sentiment: Enterprise AI platform expansion — Broadcom is extending AI capabilities via the VMware Tanzu platform (secure runtime for Autonomous AI), highlighting software and platform monetization beyond chips. Article Title
• Positive Sentiment: Institutional & insider interest — Recent filings show significant purchases by lawmakers and large holders (and notable stakes like Citadel), which can signal confidence from informed investors. Article Title
• Neutral Sentiment: Macro/earnings momentum — Coverage pieces highlight AVGO as one of a small group driving 2026 earnings growth (with NVDA), underlining strong estimate revisions but not an immediate catalyst by itself. Article Title
• Negative Sentiment: Valuation and profit‑taking risk — Separately, analysts and commentators question whether Broadcom’s rapid run (large YTD/1‑year gains) already prices in most growth, raising short‑term downside risk as investors lock in gains. Article Title

Wall Street Analysts Forecast Growth

Several brokerages have commented on AVGO. Bank of America lowered their price objective on Broadcom from $500.00 to $450.00 and set a "buy" rating for the company in a research report on Thursday, March 5th. Benchmark restated a "buy" rating and set a $485.00 price target on shares of Broadcom in a report on Thursday, March 5th. Mizuho restated an "outperform" rating and set a $480.00 price target on shares of Broadcom in a report on Thursday, April 16th. Zacks Research upgraded Broadcom from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 2nd. Finally, Wolfe Research upgraded Broadcom from a "peer perform" rating to an "outperform" rating and set a $400.00 price target for the company in a report on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $435.30.

Broadcom Price Performance

Shares of NASDAQ:AVGO opened at $419.94 on Friday. Broadcom Inc. has a 1-year low of $178.29 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 business has a fifty day moving average price of $339.09 and a 200-day moving average price of $347.19. The company has a market capitalization of $1.99 trillion, a PE ratio of 82.02, a PEG ratio of 0.87 and a beta of 1.24.

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

Broadcom Dividend Announcement

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