Private Advisory Group LLC Acquires 5,433 Shares of Broadcom Inc. $AVGO

Key Points

• Private Advisory Group LLC raised its Broadcom stake by 7.5%, buying 5,433 shares to hold 78,300 shares worth $27.1M, representing about 2.1% of its portfolio and its 8th-largest holding.
• Heavy insider selling has occurred recently—insiders sold 373,049 shares (~$123M) last quarter (notably S. Ram Velaga and Charlie B. Kawwas)—while institutional investors hold about 76.43% of the stock.
• Analyst sentiment is broadly positive but mixed: MarketBeat shows a "Moderate Buy" consensus with an average target of $435.30, and several firms have raised price targets (Truist to $545) even as some downgrade to Hold.

Private Advisory Group LLC grew its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 7.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,300 shares of the semiconductor manufacturer's stock after purchasing an additional 5,433 shares during the period. Broadcom makes up about 2.1% of Private Advisory Group LLC's portfolio, making the stock its 8th biggest holding. Private Advisory Group LLC's holdings in Broadcom were worth $27,100,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. State Street Corp raised its stake in Broadcom by 0.5% in the second quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer's stock valued at $51,071,601,000 after buying an additional 873,963 shares during the last quarter. Invesco Ltd. grew its stake 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 worth $12,915,861,000 after acquiring an additional 700,021 shares during the last quarter. Legal & General Group Plc increased its holdings 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 acquiring an additional 748,709 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of Broadcom by 3.7% in the 2nd quarter. Alliancebernstein L.P. now owns 30,598,590 shares of the semiconductor manufacturer's stock valued at $8,434,501,000 after purchasing an additional 1,084,776 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in Broadcom by 4.0% in the 3rd quarter. Franklin Resources Inc. now owns 29,511,195 shares of the semiconductor manufacturer's stock worth $9,736,038,000 after purchasing an additional 1,124,590 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: Large AI revenue gains and a five‑year, ~$970M U.S. defense software deal reinforce the company’s AI and software revenue runway, a key near‑term driver for investor optimism. What Broadcom (AVGO)'s AI Surge and US$970 Million DISA Deal Means For Shareholders
• Positive Sentiment: Broadcom named Alphabet executive Amie Thuener as its next CFO (effective June 12), a leadership move that markets typically view as stabilizing during a transition. Broadcom taps Alphabet executive Amie Thuener as next CFO (Reuters)
• Positive Sentiment: Prominent investors and many sell‑side analysts remain bullish (some price targets imply large upside), supporting demand for the stock despite recent volatility. Analysts See 61% Upside to Broadcom Inc. (AVGO)
• Neutral Sentiment: Broadcom continues to roll out new enterprise products (Symantec CBX) and is regularly featured in AI‑infrastructure comparisons vs. peers — positive for long‑term positioning but less likely to move the stock immediately. Broadcom Inc. (AVGO) Unveils Symantec CBX for Enterprise-Grade Network Security
• Neutral Sentiment: Media pieces and buy‑lists (e.g., Zacks, Motley Fool comparisons with NVDA/MRVL) keep AVGO in the spotlight; useful for flow but not an immediate catalyst on its own. 3 Must-Buy Profitable Stocks for April 2026 (MU, AVGO, NVDA)
• Negative Sentiment: Large insider selling by co‑founder Henry Samueli drew attention; sizable insider exits can spook investors even if they’re for personal liquidity. What Henry Samueli’s Record Broadcom Sale Signals For AVGO Shareholders
• Negative Sentiment: Erste Group downgraded AVGO from Buy to Hold, a rating move that can pressure sentiment among some institutional investors. Finviz: Quote / Analyst Actions
• Negative Sentiment: Geopolitical tensions (e.g., Iran conflict) have pressured chip stocks broadly by raising supply‑chain and demand risk, creating short‑term headwinds for AVGO alongside peers. Nvidia, Broadcom Drop as Chip Stocks Sell Off. Why War Is Hitting Them So Hard.

Insiders Place Their Bets

In other news, insider S. Ram Velaga sold 38,841 shares of the company's stock in a transaction dated Tuesday, March 17th. The stock was 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 $30,920,875.20. This represents a 28.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Charlie B. Kawwas sold 39,116 shares of the firm's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.61, for a total value of $12,580,096.76. Following the sale, the insider directly owned 74,626 shares in the company, valued at approximately $24,000,467.86. This trade represents a 34.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 373,049 shares of company stock worth $123,024,715. 1.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Erste Group Bank downgraded shares of Broadcom from a "buy" rating to a "hold" rating in a research report on Thursday. JPMorgan Chase & Co. boosted their price objective on shares of Broadcom from $475.00 to $500.00 and gave the company an "overweight" rating in a report on Thursday, March 5th. Mizuho set a $480.00 target price on Broadcom and gave the company an "outperform" rating in a research report on Friday, January 9th. Truist Financial raised their target price on Broadcom from $510.00 to $545.00 and gave the stock a "buy" rating in a research note on Thursday, March 5th. Finally, Zacks Research cut Broadcom from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Broadcom has an average rating of "Moderate Buy" and a consensus target price of $435.30.

Broadcom Stock Performance

Shares of NASDAQ AVGO opened at $314.55 on Friday. The company has a 50 day simple moving average of $324.84 and a two-hundred day simple moving average of $343.50. The stock has a market cap of $1.49 trillion, a price-to-earnings ratio of 61.44, a PEG ratio of 0.67 and a beta of 1.24. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $414.61.

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

Broadcom Dividend Announcement

The business 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. The ex-dividend date was Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom's dividend payout ratio (DPR) is presently 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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