Ethos Financial Group LLC Grows Stock Holdings in Broadcom Inc. $AVGO

Key Points

• Ethos Financial Group LLC raised its stake in Broadcom by 29.9% in Q4, owning 9,797 shares after adding 2,254 shares, valued at about $3.39 million.
• Insider selling has been substantial recently — S. Ram Velaga sold 17,260 shares and CFO Kirsten M. Spears sold 36,292 shares, with insiders disposing of 315,282 shares worth $103.1 million over the past three months (insiders now own 1.90%).
• Broadcom secured multi‑year AI chip deals with Google and Anthropic, supporting expectations for durable, high‑margin AI revenue growth and drawing increased analyst and institutional interest.

Ethos Financial Group LLC raised its stake in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 29.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,797 shares of the semiconductor manufacturer's stock after buying an additional 2,254 shares during the period. Ethos Financial Group LLC's holdings in Broadcom were worth $3,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America purchased a new stake in Broadcom in the 2nd quarter valued at about $28,000. JCIC Asset Management Inc. purchased a new stake in Broadcom in the 3rd quarter valued at about $31,000. Miller Global Investments LLC purchased a new stake in Broadcom in the 4th quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new stake in Broadcom in the 3rd quarter valued at about $34,000. Finally, Evolution Wealth Management Inc. purchased a new stake in Broadcom in the 2nd quarter valued at about $36,000. 76.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Broadcom

In related news, insider S. Ram Velaga sold 17,260 shares of the stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $352.12, for a total transaction of $6,077,591.20. Following the completion of the sale, the insider owned 65,932 shares of the company's stock, valued at $23,215,975.84. This represents a 20.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Kirsten M. Spears sold 36,292 shares of the stock in a transaction that occurred 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 sale, the chief financial officer directly owned 327,760 shares of the company's stock, valued at $105,407,616. The trade was a 9.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 315,282 shares of company stock valued at $103,102,779 over the last three months. Company insiders own 1.90% of the company's stock.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom locked multi‑year AI chip deals with hyperscalers (Google, Anthropic), underpinning expectations for durable, high‑margin AI revenue growth and licensing/accelerator demand. Article Title
• Positive Sentiment: Market writeups credit the Google/Anthropic deals for today’s rally and re‑rate Broadcom as a major AI infrastructure beneficiary vs. peers — coverage notes that Broadcom’s business model (custom accelerators + networking) captures hyperscaler capex. Article Title
• Positive Sentiment: Large investors and well‑known managers appear to be increasing exposure (reports on Israel Englander, Ken Fisher adding AVGO), which supports institutional momentum and can amplify price moves. Article Title
• Neutral Sentiment: Short‑interest data in the April snapshot is effectively meaningless (shows zero/NaN), so it provides no actionable signal about bearish positioning or squeeze risk at present.
• Negative Sentiment: Analyst/framing pushback: Seaport Global downgraded Broadcom and Seaport Research gave a "Neutral" rating, while at least one major bank reset its forecast — these notes reflect concern about industry limits, margins sustainability, or valuation and may cap upside until clarity on deal economics arrives. Article Title Article Title

Broadcom Price Performance

Shares of AVGO opened at $371.46 on Friday. The company has a 50 day moving average price of $326.18 and a 200-day moving average price of $343.09. Broadcom Inc. has a fifty-two week low of $161.61 and a fifty-two week high of $414.61. The stock has a market capitalization of $1.76 trillion, a PE ratio of 72.55, a PEG ratio of 0.74 and a beta of 1.24. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90.

Broadcom (NASDAQ:AVGO - Get Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.02. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The firm had revenue of $19.31 billion during the quarter, compared to analysts' expectations of $19.10 billion. During the same quarter in the prior year, the company earned $1.60 EPS. The company's revenue was up 29.5% compared to the same quarter last year. Equities analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Dividend Announcement

The company also recently announced 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 0.7%. Broadcom's dividend payout ratio is presently 50.78%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on AVGO shares. TD Cowen reissued a "buy" rating on shares of Broadcom in a research report on Friday, December 12th. KeyCorp reaffirmed an "overweight" rating and issued a $500.00 price target (up from $460.00) on shares of Broadcom in a research report on Friday, December 12th. Deutsche Bank Aktiengesellschaft set a $430.00 price target on shares of Broadcom and gave the stock a "buy" rating in a research report on Friday, December 12th. Barclays reaffirmed an "overweight" rating and issued a $500.00 price target (up from $450.00) on shares of Broadcom in a research report on Friday, December 12th. Finally, UBS Group set a $475.00 price target on shares of Broadcom and gave the stock a "buy" rating in a research report on Monday, December 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $435.30.

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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