Mirabaud & Cie SA Has $4.28 Million Position in Broadcom Inc. $AVGO

Key Points

• Mirabaud & Cie SA reduced its stake in Broadcom by 13.0% in Q4, selling 1,850 shares and ending the quarter with 12,355 shares worth $4.28 million, about 1.4% of its portfolio (its 13th largest holding).
• Broadcom signed a long-term agreement with Google through 2031 to develop and supply custom AI chips and expanded its Anthropic collaboration (reported ~3.5 GW capacity), moves that boosted the stock in after‑hours trading and improved multi‑year revenue visibility.
• Analyst sentiment is largely positive with a consensus rating of "Moderate Buy" and an average target of $435.30; Broadcom also recently beat Q results (EPS $2.05 vs. $2.03) with revenue up 29.5% year‑over‑year.

Mirabaud & Cie SA lessened its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 13.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,355 shares of the semiconductor manufacturer's stock after selling 1,850 shares during the quarter. Broadcom makes up approximately 1.4% of Mirabaud & Cie SA's portfolio, making the stock its 13th largest holding. Mirabaud & Cie SA's holdings in Broadcom were worth $4,276,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Tema Etfs LLC grew its position in Broadcom by 12.9% in the fourth quarter. Tema Etfs LLC now owns 45,118 shares of the semiconductor manufacturer's stock worth $15,615,000 after acquiring an additional 5,167 shares in the last quarter. PFS Partners LLC increased its stake in shares of Broadcom by 71.6% during the 4th quarter. PFS Partners LLC now owns 278 shares of the semiconductor manufacturer's stock worth $96,000 after purchasing an additional 116 shares during the last quarter. Weatherly Asset Management L. P. raised its holdings in shares of Broadcom by 9.3% during the 4th quarter. Weatherly Asset Management L. P. now owns 15,596 shares of the semiconductor manufacturer's stock valued at $5,398,000 after purchasing an additional 1,332 shares in the last quarter. Wealth Advisors Northwest LLC raised its holdings in shares of Broadcom by 134.7% during the 4th quarter. Wealth Advisors Northwest LLC now owns 1,894 shares of the semiconductor manufacturer's stock valued at $656,000 after purchasing an additional 1,087 shares in the last quarter. Finally, CRA Financial Services LLC lifted its stake in shares of Broadcom by 1.7% in the 4th quarter. CRA Financial Services LLC now owns 24,686 shares of the semiconductor manufacturer's stock valued at $8,544,000 after purchasing an additional 411 shares during the last quarter. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom signed a long-term agreement with Google to develop and supply future generations of custom AI chips and other components for Google’s next‑generation AI racks through 2031, giving Broadcom multi‑year design wins and meaningful revenue visibility. Read More.
• Positive Sentiment: Broadcom expanded its strategic collaboration involving Anthropic, agreeing to provide additional computing capacity (reported ~3.5 GW of capacity sourced from Google’s AI processors), which supports near‑term utilization and potential recurring revenue from cloud/AI services. Read More.
• Positive Sentiment: Market reaction: the stock climbed in after‑hours trading after Broadcom filed the deal details, reflecting investor enthusiasm for large, long‑duration AI contracts and the potential uplift to AI chip and networking sales. Read More.
• Neutral Sentiment: Management outlook: CEO Hock Tan has outlined a vision that AI chip revenue could exceed $100 billion by 2027 — a bullish long‑term target that supports upside expectations but depends on execution, ramp timing and contract economics. Read More.
• Neutral Sentiment: Product diversification: Broadcom launched Symantec CBX, an AI‑powered cloud XDR/security platform that broadens its software/security mix and could smooth revenue cyclicality over time. Read More.
• Negative Sentiment: Analyst action: Erste Group trimmed its rating on Broadcom to Hold, a reminder that some sell‑side firms remain cautious on valuation and near‑term expectations despite the AI deal flow. Read More.

Analyst Ratings Changes

A number of brokerages recently issued reports on AVGO. Sanford C. Bernstein reiterated an "outperform" rating and issued a $475.00 price objective (up from $400.00) on shares of Broadcom in a report on Friday, December 12th. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $450.00 price target on shares of Broadcom in a research report on Monday, January 5th. KeyCorp reiterated an "overweight" rating and set a $500.00 price target (up from $460.00) on shares of Broadcom in a research note on Friday, December 12th. Rosenblatt Securities increased their price objective on Broadcom from $450.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, March 5th. Finally, Wolfe Research raised Broadcom from a "peer perform" rating to an "outperform" rating and set a $400.00 price objective on the stock in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $435.30.

Broadcom Stock Down 0.0%

Broadcom stock opened at $314.43 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. The firm has a fifty day moving average price of $324.52 and a two-hundred day moving average price of $342.80. The firm has a market cap of $1.49 trillion, a price-to-earnings ratio of 61.41, a P/E/G ratio of 0.67 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 (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 company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $19.10 billion. During the same period last year, the business posted $1.60 earnings per share. The firm's revenue was up 29.5% compared to the same quarter last year. As a group, analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom's payout ratio is currently 50.78%.

Insiders Place Their Bets

In other news, insider S. Ram Velaga sold 38,841 shares of the firm's stock in a transaction 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 sale, the insider owned 96,147 shares in the company, valued at approximately $30,920,875.20. This trade represents a 28.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Charlie B. Kawwas sold 39,116 shares of the company'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 transaction, the insider owned 74,626 shares of the company's stock, valued at approximately $24,000,467.86. The trade was a 34.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 273,049 shares of company stock valued at $88,300,115. Corporate insiders own 1.90% of the company's stock.

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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