UG Investment Advisers Ltd. Increases Stake in Broadcom Inc. $AVGO

Key Points

• UG Investment Advisers Ltd. boosted its Broadcom stake by 68.8% in Q4 to 14,265 shares (about $4.94M), making AVGO its 6th-largest holding and 1.1% of the fund's portfolio.
• Several big institutions ramped up exposure—Arrowstreet +499.4%, Nordea +47.5%, MFS +41.6%—leaving 76.43% of shares held by institutions, even as insiders sold roughly 324,282 shares (~$106.4M) in the past 90 days.
• Broadcom posted Q results that beat estimates (EPS $2.05 vs $2.03; revenue $19.31B, +29.5% YoY), trades near a ~<$strong>2T market cap, carries a consensus "Moderate Buy" price target of $435.30, and pays a $0.65 quarterly dividend (~0.6% yield).

UG Investment Advisers Ltd. raised its holdings in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 68.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,265 shares of the semiconductor manufacturer's stock after acquiring an additional 5,812 shares during the quarter. Broadcom comprises 1.1% of UG Investment Advisers Ltd.'s portfolio, making the stock its 6th largest position. UG Investment Advisers Ltd.'s holdings in Broadcom were worth $4,937,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AVGO. Arrowstreet Capital Limited Partnership boosted its stake in Broadcom by 499.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 5,634,232 shares of the semiconductor manufacturer's stock valued at $1,858,789,000 after acquiring an additional 4,694,313 shares during the last quarter. Nordea Investment Management AB boosted its stake in Broadcom by 47.5% in the fourth quarter. Nordea Investment Management AB now owns 9,814,757 shares of the semiconductor manufacturer's stock valued at $3,406,211,000 after acquiring an additional 3,160,586 shares during the last quarter. Danske Bank A S bought a new position in shares of Broadcom during the third quarter worth $987,488,000. Massachusetts Financial Services Co. MA boosted its position in shares of Broadcom by 41.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,520,644 shares of the semiconductor manufacturer's stock worth $2,811,046,000 after purchasing an additional 2,503,304 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Broadcom by 212.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,016,048 shares of the semiconductor manufacturer's stock worth $332,714,000 after purchasing an additional 1,919,017 shares in the last quarter. 76.43% of the stock is owned by institutional investors.

Broadcom Trading Up 1.4%

AVGO opened at $405.45 on Thursday. The stock has a market capitalization of $1.92 trillion, a P/E ratio of 79.19, a P/E/G ratio of 0.86 and a beta of 1.24. Broadcom Inc. has a 12 month low of $184.02 and a 12 month high of $429.31. The firm's fifty day simple moving average is $345.69 and its 200 day simple moving average is $349.33. 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 (NASDAQ:AVGO - Get Free Report) last posted its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, beating the consensus estimate of $2.03 by $0.02. The business had revenue of $19.31 billion for 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 period in the previous year, the firm posted $1.60 EPS. As a group, research analysts anticipate that Broadcom Inc. will post 9.95 EPS for the current fiscal year.

Broadcom Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.6%. 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 Broadcom news, insider S. Ram Velaga sold 8,000 shares of Broadcom stock in a transaction on Friday, April 10th. The shares were sold at an average price of $370.52, for a total value of $2,964,160.00. Following the sale, the insider directly owned 57,932 shares in the company, valued at approximately $21,464,964.64. The trade was a 12.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mark David Brazeal sold 50,488 shares of Broadcom stock in a transaction 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 completion of the sale, the insider owned 278,141 shares in the company, valued at $89,450,145.60. The trade was a 15.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 324,282 shares of company stock worth $106,425,249 in the last ninety days. 1.90% of the stock is owned by insiders.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 AI revenue reportedly rose ~106% YoY; Broadcom is shipping Tomahawk 6 at scale and has a Meta chip pact targeting multi‑GW capacity — underpins revenue/margin upside from AI datacenter builds. AVGO Rides AI Boom: Explosive Growth in Semiconductor Fuels Outlook
• Positive Sentiment: Broadcom’s deeper ties to Google Cloud and the market reaction to Google’s custom AI chips have supported a market‑cap rally and reinforce Broadcom’s role in hyperscaler AI infrastructure. As Broadcom Deepens Its Google Cloud Ties, Should You Buy AVGO Stock?
• Positive Sentiment: Wall Street momentum: many bullish analyst takes and inclusion in AI‑focused stock lists are helping sentiment and buyer interest. High analyst buy ratios and bullish writeups support further upside expectations. The Street is Bullish on Broadcom Inc. (AVGO), Here’s What the Analysts Think About the Stock
• Neutral Sentiment: Analyst model tweaks are modestly higher (Erste slightly raised FY2026/27 EPS), but ratings remain mixed (some Holds), so upgrades are incremental rather than structural. MarketBeat AVGO Coverage / Analyst Notes
• Negative Sentiment: Market angst from reports that OpenAI missed internal targets has triggered short‑term selling across AI infrastructure names, including Broadcom — heightening sensitivity to AI capex cycles. Semiconductor Stocks Tumble on OpenAI Warning. Google Says The Market Has It All Wrong
• Negative Sentiment: Valuation concerns: several pieces argue investors are “pricing in perfection,” pointing to rich multiples and the risk of any slowdown in hyperscaler spending weighing on the stock. Broadcom: Investors Are Pricing In Perfection

Analyst Ratings Changes

A number of brokerages have recently weighed in on AVGO. Zacks Research raised shares of Broadcom from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. Citigroup lifted their price target on shares of Broadcom from $458.00 to $475.00 and gave the stock a "buy" rating in a research report on Thursday, March 5th. The Goldman Sachs Group reissued a "buy" rating and set a $450.00 price target on shares of Broadcom in a research report on Monday, January 5th. DA Davidson raised shares of Broadcom to a "hold" rating in a research report on Friday, February 13th. Finally, Mizuho reissued an "outperform" rating and set a $480.00 price target on shares of Broadcom in a research report on Thursday, April 16th. Two equities 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. Based on data from MarketBeat.com, the company presently 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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