RMR Wealth Builders Sells 3,984 Shares of Broadcom Inc. $AVGO

Key Points

• RMR Wealth Builders trimmed its stake in Broadcom by 8%, selling 3,984 shares and now holds 46,106 shares worth about $15.96M, representing 1.3% of the fund and its 18th-largest holding.
• Broadcom reported an EPS beat ($2.05 vs. $2.03) and revenue of $19.31B (up 29.5% YoY); the stock trades near $427 with a $2.02T market cap and a consensus analyst target of $435.30.
• Insider selling has been significant (324,282 shares worth ~$106M sold in the last 90 days), but bullish AI-related catalysts (VMware Cloud Foundation 9.1) and multiple analyst upgrades keep sentiment positive.

RMR Wealth Builders lowered its stake in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 8.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 46,106 shares of the semiconductor manufacturer's stock after selling 3,984 shares during the quarter. Broadcom accounts for 1.3% of RMR Wealth Builders' holdings, making the stock its 18th biggest holding. RMR Wealth Builders' holdings in Broadcom were worth $15,957,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Anchyra Partners LLC bought a new position in shares of Broadcom during the 4th quarter valued at approximately $5,808,000. Nippon Life Global Investors Americas Inc. grew its stake in shares of Broadcom by 9.1% during the fourth quarter. Nippon Life Global Investors Americas Inc. now owns 331,100 shares of the semiconductor manufacturer's stock valued at $114,594,000 after buying an additional 27,720 shares during the last quarter. Aprio Wealth Management LLC grew its stake in shares of Broadcom by 124.3% during the fourth quarter. Aprio Wealth Management LLC now owns 26,912 shares of the semiconductor manufacturer's stock valued at $9,314,000 after buying an additional 14,916 shares during the last quarter. S.A. Mason LLC grew its stake in shares of Broadcom by 49.3% during the fourth quarter. S.A. Mason LLC now owns 2,294 shares of the semiconductor manufacturer's stock valued at $794,000 after buying an additional 757 shares during the last quarter. Finally, Camelot Portfolios LLC bought a new position in shares of Broadcom during the fourth quarter valued at approximately $45,000. Institutional investors own 76.43% of the company's stock.

Broadcom Stock Up 2.6%

Shares of NASDAQ:AVGO opened at $427.38 on Wednesday. Broadcom Inc. has a 52-week low of $195.94 and a 52-week high of $433.39. The stock has a market cap of $2.02 trillion, a P/E ratio of 83.47, a price-to-earnings-growth ratio of 0.86 and a beta of 1.43. The business's 50 day moving average is $349.25 and its 200 day moving average is $350.33. 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 announced its quarterly earnings data 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 company had revenue of $19.31 billion for the quarter, compared to analysts' expectations of $19.10 billion. During the same quarter in the prior year, the firm earned $1.60 earnings per share. Broadcom's revenue was up 29.5% compared to the same quarter last year. Sell-side analysts predict that Broadcom Inc. will post 9.95 EPS for the current year.

Broadcom Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were paid a $0.65 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.60 annualized dividend and a yield of 0.6%. Broadcom's dividend payout ratio is 50.78%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom announced VMware Cloud Foundation 9.1, positioning AVGO to capture more spend tied to production AI infrastructure (software + hardware stack synergy could improve enterprise contract value). Broadcom Announces VMware Cloud Foundation 9.1
• Positive Sentiment: Bernstein commentary that AI agent demand is “off the charts” supports upside for leading chip suppliers, a bullish demand signal that benefits Broadcom’s data-center and AI infrastructure businesses. Bernstein Analyst: AI Agents Drive Chip Demand ‘Off the Charts'
• Positive Sentiment: Multiple outlets highlight Broadcom as an AI beneficiary (Zacks, Yahoo, Seeking Alpha), reinforcing positive sentiment and analyst interest that can lift the stock on flows and upgrades. Broadcom Inc. (AVGO) is an Incredible Growth Stock: 3 Reasons Why
• Neutral Sentiment: Sector and ETF momentum (strong gains in semiconductor/AI ETFs) is amplifying flows into leading chip names, which can lift AVGO even without company-specific catalysts. Up 160% in One Month, This AI ETF Can Still 5X
• Neutral Sentiment: Broadcom set its Q2 FY2026 earnings release date (June 3); the scheduled report keeps attention on upcoming guidance and could sustain trading volume. Broadcom Inc. to Announce Second Quarter Fiscal Year 2026 Financial Results on Wednesday, June 3, 2026
• Negative Sentiment: Recent coverage noted a prior intraday dip where AVGO fell more than the broader market — a reminder of volatility and that shares can swing on short-term profit-taking. Why Broadcom Inc. (AVGO) Dipped More Than Broader Market Today

Insider Transactions at Broadcom

In other news, 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 transaction, the chief financial officer directly owned 327,760 shares in the company, valued at approximately $105,407,616. This trade represents a 9.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mark David Brazeal sold 50,488 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 $16,236,940.80. Following the transaction, the insider owned 278,141 shares in the company, valued at approximately $89,450,145.60. This represents a 15.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 324,282 shares of company stock worth $106,425,249 in the last ninety days. 1.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AVGO. Truist Financial upped their target price on Broadcom from $510.00 to $545.00 and gave the company a "buy" rating in a research note on Thursday, March 5th. Wolfe Research raised Broadcom from a "peer perform" rating to an "outperform" rating and set a $400.00 target price on the stock in a research note on Friday, January 30th. Benchmark reaffirmed a "buy" rating and set a $485.00 target price on shares of Broadcom in a research note on Thursday, March 5th. Seaport Research Partners reaffirmed a "neutral" rating on shares of Broadcom in a research note on Wednesday, April 8th. Finally, Bank of America cut their target price on Broadcom from $500.00 to $450.00 and set a "buy" rating on the stock in a research note on Thursday, March 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average 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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