Finivi Inc. Sells 1,667 Shares of Broadcom Inc. $AVGO

Key Points

• Finivi Inc. trimmed its Broadcom (AVGO) position by 7.8%, selling 1,667 shares and leaving it with 19,808 shares worth $6.86 million, making AVGO its 4th-largest holding (4.0% of the portfolio).
• Insiders sold heavily last quarter—324,282 shares valued at about $106.4 million—with institutional investors owning roughly 76.43% of Broadcom's stock.
• Broadcom posted a recent earnings beat and is deepening AI partnerships with Meta and Google, supporting a "Moderate Buy" analyst consensus and $435.30 target, though some coverage warns of stretched valuation risk.

Finivi Inc. lessened its holdings in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 7.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,808 shares of the semiconductor manufacturer's stock after selling 1,667 shares during the period. Broadcom comprises 4.0% of Finivi Inc.'s investment portfolio, making the stock its 4th biggest holding. Finivi Inc.'s holdings in Broadcom were worth $6,855,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Providence First Trust Co raised its holdings in shares of Broadcom by 1,099.3% in the 3rd quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer's stock worth $2,944,000 after acquiring an additional 8,179 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in Broadcom by 3.4% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 323,587 shares of the semiconductor manufacturer's stock worth $109,492,000 after purchasing an additional 10,786 shares in the last quarter. Lmcg Investments LLC grew its position in Broadcom by 9.4% in the 3rd quarter. Lmcg Investments LLC now owns 38,961 shares of the semiconductor manufacturer's stock worth $12,854,000 after purchasing an additional 3,357 shares in the last quarter. Wright Investors Service Inc. grew its position in Broadcom by 5.4% in the 3rd quarter. Wright Investors Service Inc. now owns 42,159 shares of the semiconductor manufacturer's stock worth $13,909,000 after purchasing an additional 2,178 shares in the last quarter. Finally, Brown Brothers Harriman & Co. grew its position in Broadcom by 10.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 77,411 shares of the semiconductor manufacturer's stock worth $25,539,000 after purchasing an additional 7,499 shares in the last quarter. Institutional investors and hedge funds own 76.43% of the company's stock.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom deepened multi‑year, multi‑generation partnerships with Meta and expanded work with Google Cloud (custom AI silicon + cloud networking), strengthening revenue visibility from hyperscalers and bolstering AVGO’s AI growth narrative. Read More.
• Positive Sentiment: Coverage and price‑target upside: bullish research and bullish price‑target narratives (e.g., 247WallStreet’s $475/$558 bull case) feed investor expectations for continued upside and justify momentum buying. Read More.
• Positive Sentiment: Analyst / trade coverage and retail interest: pieces highlighting Broadcom as an AI “growth superstar” and mentions in “AI chip” leader lists keep the stock on buy lists and in thematic ETFs, supporting demand. Read More.
• Positive Sentiment: IBD technical framing: Broadcom is cited as “near buy zone” by IBD-style coverage — technical narratives can trigger momentum-driven inflows from traders. Read More.
• Neutral Sentiment: Sector tailwinds: multiple industry roundup pieces list AVGO among top AI semiconductor plays (alongside NVDA, MU), highlighting structural demand but not changing fundamentals immediately. Such coverage keeps AVGO in thematic funds. Read More.
• Neutral Sentiment: ETF / momentum context: mentions in ETF strategy stories (JPMorgan active bench, momentum ETFs) indicate flows into tech/momentum buckets could benefit AVGO, but effects depend on index/ETF rebalancings. Read More. and Read More.
• Negative Sentiment: Short‑term pull vs. market: a Zacks note flagged AVGO’s decline amid a broader market uptick — suggesting profit‑taking or sector rotation pressured the stock despite positive company news. Read More.
• Negative Sentiment: Valuation caution: coverage noting a stretched valuation and rich multiples vs. near‑term fundamentals raises the risk of sharper pullbacks if AI demand or margins disappoint. Read More.

Wall Street Analysts Forecast Growth

AVGO has been the subject of a number of recent analyst reports. Mizuho reaffirmed an "outperform" rating and issued a $480.00 price objective on shares of Broadcom in a research report on Thursday, April 16th. Weiss Ratings downgraded shares of Broadcom from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday. DA Davidson raised shares of Broadcom to a "hold" rating in a research report on Friday, February 13th. Morgan Stanley upped their price objective on shares of Broadcom from $462.00 to $470.00 and gave the stock an "overweight" rating in a research report on Friday, March 6th. Finally, Bank of America reduced their price objective on shares of Broadcom from $500.00 to $450.00 and set a "buy" rating for the company in a research report on Thursday, March 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $435.30.

Insider Activity at Broadcom

In related news, insider S. Ram Velaga sold 38,841 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total value of $12,491,265.60. Following the completion of the transaction, the insider directly owned 96,147 shares of the company's stock, valued at approximately $30,920,875.20. This trade represents a 28.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark David Brazeal sold 50,488 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $16,236,940.80. Following the completion of the transaction, the insider directly owned 278,141 shares of the company's stock, valued at approximately $89,450,145.60. This trade represents a 15.36% 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 quarter. 1.90% of the stock is currently owned by insiders.

Broadcom Stock Down 1.1%

Broadcom stock opened at $418.20 on Tuesday. Broadcom Inc. has a twelve month low of $184.02 and a twelve month high of $429.31. The firm has a 50 day moving average price of $342.90 and a 200-day moving average price of $348.41. The company has a market capitalization of $1.98 trillion, a P/E ratio of 81.68, a P/E/G ratio of 0.87 and a beta of 1.24. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80.

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

Broadcom Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom's dividend payout ratio is currently 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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