CPC Advisors LLC Sells 6,972 Shares of Broadcom Inc. $AVGO

Key Points

• CPC Advisors LLC trimmed its stake in Broadcom by 10.3%, selling 6,972 shares and leaving 60,762 shares worth about $21.03 million (roughly 2.1% of CPC's portfolio and its 11th largest holding).
• Company insiders have been net sellers recently: the CFO and another insider sold large blocks on March 17, and insiders disposed of 324,282 shares (~$106.4M) over the past 90 days, leaving insiders with about 1.90% ownership.
• Wall Street sentiment is broadly positive with a consensus rating of “Moderate Buy” and a $435.30 average price target, while Broadcom beat Q1 estimates (EPS $2.05, revenue $19.31B, +29.5% YoY) and trades at a roughly $1.9–$2.0 trillion market cap.

CPC Advisors LLC decreased its position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 10.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 60,762 shares of the semiconductor manufacturer's stock after selling 6,972 shares during the period. Broadcom accounts for about 2.1% of CPC Advisors LLC's investment portfolio, making the stock its 11th largest position. CPC Advisors LLC's holdings in Broadcom were worth $21,030,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVGO. Invesco Ltd. raised its position in shares of Broadcom by 1.8% during the third quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer's stock valued at $12,915,861,000 after buying an additional 700,021 shares during the last quarter. Legal & General Group Plc raised its position in shares of Broadcom by 2.3% during the third quarter. Legal & General Group Plc now owns 33,450,786 shares of the semiconductor manufacturer's stock valued at $11,035,749,000 after buying an additional 748,709 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Broadcom by 4.0% during the third quarter. Franklin Resources Inc. now owns 29,511,195 shares of the semiconductor manufacturer's stock valued at $9,736,038,000 after buying an additional 1,124,590 shares during the last quarter. Amundi raised its position in shares of Broadcom by 3.3% during the third quarter. Amundi now owns 22,216,816 shares of the semiconductor manufacturer's stock valued at $7,453,320,000 after buying an additional 716,523 shares during the last quarter. Finally, Fisher Asset Management LLC raised its position in shares of Broadcom by 1.9% during the third quarter. Fisher Asset Management LLC now owns 12,611,740 shares of the semiconductor manufacturer's stock valued at $4,160,740,000 after buying an additional 237,295 shares during the last quarter. Institutional investors own 76.43% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on AVGO shares. Royal Bank Of Canada reduced their price objective on shares of Broadcom from $370.00 to $340.00 and set a "sector perform" rating on the stock in a research report on Monday, March 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Broadcom from $475.00 to $500.00 and gave the company an "overweight" rating in a research report on Thursday, March 5th. Seaport Research Partners reiterated a "neutral" rating on shares of Broadcom in a research report on Wednesday, April 8th. Mizuho reiterated an "outperform" rating and set a $480.00 price objective on shares of Broadcom in a research report on Thursday, April 16th. Finally, The Goldman Sachs Group reiterated a "buy" rating and set a $450.00 price objective on shares of Broadcom in a research report on Monday, January 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $435.30.

Insider Activity

In other news, CFO Kirsten M. Spears sold 36,292 shares of the business's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $11,671,507.20. Following the completion of the sale, the chief financial officer directly owned 327,760 shares of the company's stock, valued at approximately $105,407,616. The trade was a 9.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Charlie B. Kawwas sold 39,116 shares of the business's 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 sale, the insider directly owned 74,626 shares of the company's stock, valued at $24,000,467.86. This represents a 34.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 324,282 shares of company stock valued at $106,425,249 over the last ninety days. 1.90% of the stock is owned by corporate insiders.

Broadcom Stock Up 1.4%

NASDAQ AVGO opened at $405.45 on Thursday. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80. The company has a fifty day moving average of $345.69 and a two-hundred day moving average of $349.33. The firm has a market capitalization of $1.92 trillion, a price-to-earnings ratio of 79.19, a PEG ratio of 0.86 and a beta of 1.24. Broadcom Inc. has a 52 week low of $184.02 and a 52 week high of $429.31.

Broadcom (NASDAQ:AVGO - Get Free Report) last posted its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping the consensus estimate of $2.03 by $0.02. The company had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. Broadcom's quarterly revenue was up 29.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.60 earnings per share. On average, analysts predict that Broadcom Inc. will post 9.95 earnings per share for the current year.

Broadcom Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom's payout ratio is presently 50.78%.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 AI revenue reportedly rose ~106% YoY; Broadcom is shipping Tomahawk 6 at scale and has a Meta chip pact targeting multi‑GW capacity — underpins revenue/margin upside from AI datacenter builds. AVGO Rides AI Boom: Explosive Growth in Semiconductor Fuels Outlook
• Positive Sentiment: Broadcom’s deeper ties to Google Cloud and the market reaction to Google’s custom AI chips have supported a market‑cap rally and reinforce Broadcom’s role in hyperscaler AI infrastructure. As Broadcom Deepens Its Google Cloud Ties, Should You Buy AVGO Stock?
• Positive Sentiment: Wall Street momentum: many bullish analyst takes and inclusion in AI‑focused stock lists are helping sentiment and buyer interest. High analyst buy ratios and bullish writeups support further upside expectations. The Street is Bullish on Broadcom Inc. (AVGO), Here’s What the Analysts Think About the Stock
• Neutral Sentiment: Analyst model tweaks are modestly higher (Erste slightly raised FY2026/27 EPS), but ratings remain mixed (some Holds), so upgrades are incremental rather than structural. MarketBeat AVGO Coverage / Analyst Notes
• Negative Sentiment: Market angst from reports that OpenAI missed internal targets has triggered short‑term selling across AI infrastructure names, including Broadcom — heightening sensitivity to AI capex cycles. Semiconductor Stocks Tumble on OpenAI Warning. Google Says The Market Has It All Wrong
• Negative Sentiment: Valuation concerns: several pieces argue investors are “pricing in perfection,” pointing to rich multiples and the risk of any slowdown in hyperscaler spending weighing on the stock. Broadcom: Investors Are Pricing In Perfection

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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