Rachor Investment Advisory Services LLC Makes New $470,000 Investment in Broadcom Inc. $AVGO

Key Points

• Rachor Investment Advisory bought a new position in Broadcom (1,358 shares) valued at about $470,000, representing ~0.2% of its portfolio and the stock is ~76.43% institutionally owned.
• Insider selling has been substantial recently: Charlie B. Kawwas and S. Ram Velaga each sold ~39,000 shares on March 17, and insiders sold 324,282 shares worth roughly $106.4 million over the past 90 days (insiders now own ~1.9%).
• Fundamentals and risks: Broadcom posted strong results (Q revenue $19.31B, up 29.5% YoY; EPS $2.05 beat) and a ~$1.95T market cap with a consensus "Moderate Buy," but a reported financing snag on an ~$18B OpenAI custom‑chip deal has raised near‑term execution concerns.

Rachor Investment Advisory Services LLC bought a new position in Broadcom Inc. (NASDAQ:AVGO - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,358 shares of the semiconductor manufacturer's stock, valued at approximately $470,000. Broadcom comprises approximately 0.2% of Rachor Investment Advisory Services LLC's portfolio, making the stock its 15th biggest holding.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Broadcom by 21.8% during the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer's stock valued at $6,882,000 after purchasing an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Broadcom by 10.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer's stock valued at $1,854,000 after purchasing an additional 756 shares during the last quarter. United Bank increased its position in shares of Broadcom by 76.5% during the 1st quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer's stock valued at $392,000 after purchasing an additional 1,014 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Broadcom by 10.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer's stock valued at $3,499,000 after purchasing an additional 1,160 shares during the last quarter. Finally, Capital & Planning LLC increased its position in shares of Broadcom by 10.5% during the 2nd quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer's stock valued at $1,098,000 after purchasing an additional 378 shares during the last quarter. 76.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Broadcom news, insider Charlie B. Kawwas sold 39,116 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider owned 74,626 shares in the company, valued at approximately $24,000,467.86. This trade represents a 34.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider S. Ram Velaga sold 38,841 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider 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 SEC filing for this sale provides additional information. Insiders have sold 324,282 shares of company stock valued at $106,425,249 in the last 90 days. 1.90% of the stock is owned by insiders.

Broadcom Price Performance

AVGO opened at $412.56 on Friday. The stock's 50 day simple moving average is $352.89 and its 200 day simple moving average is $351.28. 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 1 year low of $203.69 and a 1 year high of $437.68. The firm has a market cap of $1.95 trillion, a price-to-earnings ratio of 80.58, a PEG ratio of 0.88 and a beta of 1.43.

Broadcom (NASDAQ:AVGO - Get Free Report) last posted its quarterly 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. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The business had revenue of $19.31 billion for the quarter, compared to analyst estimates of $19.10 billion. During the same period last year, the company earned $1.60 EPS. Broadcom's revenue for the quarter was up 29.5% compared to the same quarter last year. As a group, analysts predict that Broadcom Inc. will post 9.95 earnings per share for the current year.

Broadcom Announces Dividend

The business also recently declared 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. This represents a $2.60 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, March 23rd. Broadcom's dividend payout ratio (DPR) is presently 50.78%.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Fisher Asset Management materially increased its Broadcom stake, signaling institutional confidence and providing a demand floor for the stock. Fisher Asset Management boosts Broadcom stake by 847,157 shares
• Positive Sentiment: Analyst and press coverage emphasize Broadcom’s expanding role in AI infrastructure and strong AI revenue guidance, supporting a constructive medium-term earnings outlook. How Broadcom Redefines The AI Infrastructure Play
• Positive Sentiment: Broadcom’s VMware-by-Broadcom services are gaining public‑sector distribution via a Carahsoft/evoila partnership, expanding government channel reach and recurring-services revenue potential. evoila U.S. and Carahsoft Partner to Deliver VMware by Broadcom
• Neutral Sentiment: Corning’s large optical-fiber contracts (including with Broadcom) validate continued hyperscale capex on connectivity — good for long-term TAM but not an immediate earnings swing for Broadcom. Light Speed Returns: Corning Cashes In on NVIDIA Growth (AVGO)
• Neutral Sentiment: Broadcom remains a trending/dividend-growth name in several retail and income-focused write-ups; these can support longer-term flows but are unlikely to reverse a short-term selloff. Here is What to Know Beyond Why Broadcom Inc. (AVGO) is a Trending Stock
• Negative Sentiment: The primary near-term negative: a report that Broadcom’s ~$18B custom chip deal with OpenAI has hit a major financing snag, which directly pressured the stock and raised execution/timing concerns for a core AI revenue stream. Broadcom Stock (AVGO) Slides after $18B OpenAI Custom Chip Deal Hits Major Financing Snag
• Negative Sentiment: A recent political disclosure shows a sale of AVGO shares by Senator Shelley Moore Capito; while single disclosures are often routine, they can add to short-term headline pressure. Congress Trade: Senator Shelley Moore Capito Just Disclosed New Stock Trades

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Erste Group Bank lowered Broadcom from a "buy" rating to a "hold" rating in a research report on Thursday, April 2nd. Wells Fargo & Company upgraded Broadcom from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $410.00 to $430.00 in a research report on Thursday, January 15th. Weiss Ratings lowered Broadcom from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, April 24th. Wolfe Research upgraded Broadcom from a "peer perform" rating to an "outperform" rating and set a $400.00 price objective on the stock in a research report on Friday, January 30th. Finally, Citigroup increased their price objective on Broadcom from $458.00 to $475.00 and gave the company a "buy" rating in a research report on Thursday, March 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus 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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