Entropy Technologies LP Purchases Shares of 34,208 Broadcom Inc. $AVGO

Key Points

• Entropy Technologies LP bought 34,208 shares of Broadcom (AVGO) in Q3, a ~$11.29 million new position that represents 0.8% of the fund’s holdings and is its 13th-largest stake.
• Broadcom’s recent product wins—shipping a 3nm 400G/lane optical PAM‑4 DSP and the world’s first 102.4 Tbps switch—have strengthened its AI/datacenter growth narrative and spurred analyst upgrades, supporting a MarketBeat consensus of "Moderate Buy" with a $435.30 price target.
• The company posted a revenue beat with strong margins and a $1.59 trillion market cap, but trades at a high P/E (~65.6); institutional ownership is ~76% while insiders have materially sold shares recently.

Entropy Technologies LP purchased a new position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 34,208 shares of the semiconductor manufacturer's stock, valued at approximately $11,286,000. Broadcom comprises 0.8% of Entropy Technologies LP's holdings, making the stock its 13th largest position.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Capital Counsel LLC NY purchased a new stake in Broadcom in the 2nd quarter valued at $221,000. Waterloo Capital L.P. grew its position in Broadcom by 7.0% during the 2nd quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer's stock worth $13,331,000 after purchasing an additional 3,180 shares during the last quarter. Providence First Trust Co increased its stake in Broadcom by 1,099.3% in the third quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer's stock valued at $2,944,000 after purchasing an additional 8,179 shares during the period. Aspen Wealth Strategies LLC increased its stake in Broadcom by 174.7% in the second quarter. Aspen Wealth Strategies LLC now owns 23,673 shares of the semiconductor manufacturer's stock valued at $6,525,000 after purchasing an additional 15,055 shares during the period. Finally, RiverFront Investment Group LLC raised its holdings in shares of Broadcom by 107.6% in the second quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer's stock valued at $4,555,000 after buying an additional 8,566 shares during the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom rolled out a 3nm 400G/lane optical PAM‑4 DSP (Taurus BCM83640), positioned for 1.6T transceivers and next‑gen AI networks — this strengthens Broadcom’s addressable market in datacenter optics and bandwidth-critical AI infrastructure. Broadcom Delivers Industry's First 400G/lane Optical DSP for Next‑Generation AI Networks
• Positive Sentiment: Broadcom announced it is shipping the world’s first 102.4 Tbps switch (Tomahawk 6 family), a product aimed at scale‑out/scale‑up AI clusters — enhances competitive positioning vs. peers in hyperscale networking. Broadcom Now Shipping World's First 102.4 Tbps Switch in Production Volume
• Positive Sentiment: Coverage highlights liquid‑cooled AI XPUs and 400G optics as drivers of a renewed bull case; media reports note these product wins helped lift sentiment and earlier intraday gains. Broadcom (AVGO) Is Up 7.6% After Liquid‑Cooled AI XPUs And 400G Optics Push Has The Bull Case Changed?
• Positive Sentiment: Analysts and commentators are bullish: Reuters/InsiderMonkey coverage of Broadcom forecasting >$100B in AI chip sales by 2027 has fueled upside expectations; RBC and other outlets have raised targets/ratings recently. Broadcom (AVGO) Rises on AI Chip Sales Forecasts for 2027
• Neutral Sentiment: Broadcom recognized channel/partner success (11:11 Systems named Broadcom VMware Cloud Service Provider Partner of the Year) — supportive for execution but not market-moving on its own. 11:11 Systems Named Broadcom VMware Cloud Service Provider Partner of the Year 2025
• Neutral Sentiment: Short‑interest reports in the feed show anomalous/zero values (NaN/0 shares) — the data appears unreliable and is not a meaningful driver of today’s trade. (No actionable link)
• Negative Sentiment: After a multi‑day rally on AI optimism, today’s pullback likely reflects short‑term profit‑taking and technical resistance — combined with a high forward valuation that may make traders quicker to trim positions.

Analyst Ratings Changes

AVGO has been the topic of a number of research reports. Rosenblatt Securities raised their price target on Broadcom from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. UBS Group set a $475.00 price objective on Broadcom and gave the company a "buy" rating in a research note on Monday, December 15th. Royal Bank Of Canada decreased their price objective on Broadcom from $370.00 to $340.00 and set a "sector perform" rating for the company in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $430.00 target price on Broadcom and gave the company a "buy" rating in a research note on Friday, December 12th. Finally, DA Davidson upgraded Broadcom to a "hold" rating in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $435.30.

Broadcom Stock Performance

NASDAQ AVGO opened at $335.97 on Friday. 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 50 day moving average is $333.24 and its two-hundred day moving average is $344.15. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61. The stock has a market capitalization of $1.59 trillion, a price-to-earnings ratio of 65.62, a PEG ratio of 0.78 and a beta of 1.22.

Broadcom (NASDAQ:AVGO - Get Free Report) last posted 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 period last year, the firm earned $1.60 EPS. The company's quarterly revenue was up 29.5% compared to the same quarter last year. Research analysts expect that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be issued a $0.65 dividend. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. Broadcom's dividend payout ratio (DPR) is 50.78%.

Insider Activity at Broadcom

In other news, CEO Hock E. Tan sold 70,000 shares of the company's stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $347.30, for a total transaction of $24,311,000.00. Following the transaction, the chief executive officer directly owned 132,836 shares of the company's stock, valued at $46,133,942.80. This represents a 34.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Kirsten M. Spears sold 30,000 shares of the stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the completion of the transaction, the chief financial officer owned 277,237 shares of the company's stock, valued at $96,428,573.34. This represents a 9.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 458,785 shares of company stock worth $155,508,157. 1.90% of the stock is currently owned by insiders.

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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