Unique Wealth LLC Buys 1,866 Shares of Broadcom Inc. $AVGO

Key Points

• Unique Wealth LLC raised its stake in Broadcom by 39.8%, buying 1,866 shares to hold 6,557 shares valued at about $2.269 million at quarter-end.
• Broadcom beat Q1 estimates (EPS $2.05 vs. $2.03; revenue $19.31B) and is seeing AI-driven demand and product wins (Tomahawk‑6, PQC encryption, Meta relationship), with a $1.47T market cap and a consensus analyst price target of about $435.30 ("Moderate Buy").
• Significant insider selling occurred recently—CEO Hock E. Tan sold 70,000 shares and insiders sold ~528,970 shares (~$177.15M) last quarter—while institutional investors own roughly 76.43% of the stock.

Unique Wealth LLC raised its stake in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 39.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,557 shares of the semiconductor manufacturer's stock after buying an additional 1,866 shares during the period. Unique Wealth LLC's holdings in Broadcom were worth $2,269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in AVGO. State Street Corp increased its holdings in Broadcom by 0.5% during the 2nd quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer's stock worth $51,071,601,000 after purchasing an additional 873,963 shares during the period. Norges Bank bought a new stake in Broadcom during the 2nd quarter valued at $18,579,549,000. Invesco Ltd. lifted its holdings in shares of Broadcom by 1.8% in the 3rd quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer's stock worth $12,915,861,000 after buying an additional 700,021 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Broadcom by 1.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 34,474,085 shares of the semiconductor manufacturer's stock worth $9,501,590,000 after buying an additional 621,775 shares during the period. Finally, Legal & General Group Plc grew its position in shares of Broadcom by 2.3% during the 3rd quarter. Legal & General Group Plc now owns 33,450,786 shares of the semiconductor manufacturer's stock worth $11,035,749,000 after buying an additional 748,709 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors.

Broadcom Price Performance

Shares of AVGO stock opened at $310.51 on Friday. The stock's 50-day moving average is $330.43 and its 200 day moving average is $345.31. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73. The company has a market cap of $1.47 trillion, a P/E ratio of 60.65, a PEG ratio of 0.67 and a beta of 1.22.

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

Broadcom Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 23rd will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. Broadcom's dividend payout ratio is presently 50.78%.

Wall Street Analysts Forecast Growth

AVGO has been the topic of several research reports. Citigroup raised their price target on Broadcom from $458.00 to $475.00 and gave the company a "buy" rating in a research note on Thursday, March 5th. KeyCorp reiterated an "overweight" rating and set a $500.00 target price (up from $460.00) on shares of Broadcom in a report on Friday, December 12th. Susquehanna reissued a "positive" rating and set a $450.00 target price (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. JPMorgan Chase & Co. boosted their price target on shares of Broadcom from $475.00 to $500.00 and gave the company an "overweight" rating in a report on Thursday, March 5th. Finally, Royal Bank Of Canada lowered their price target on shares of Broadcom from $370.00 to $340.00 and set a "sector perform" rating for the company in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, Broadcom presently has an average rating of "Moderate Buy" and a consensus price target of $435.30.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom began production‑volume shipments of the Tomahawk‑6 102.4 Tbps switch — a commercialization milestone that supports near‑term revenue from AI networking buildouts. Tomahawk‑6 Production Volume Shipping
• Positive Sentiment: Broadcom announced shipping the industry’s first end‑to‑end post‑quantum‑cryptography (PQC) safe, in‑flight network encryption solution — a product win that can expand enterprise networking addressable market. PQC Network Encryption Shipping
• Positive Sentiment: Quarterly results and commentary point to heavy AI-driven demand (semiconductor AI revenue up materially and hyperscaler ramps) and management guidance implying faster top‑line growth into Q2 — a tailwind for earnings expectations. Q1 Results & Guidance
• Positive Sentiment: Public confirmation of a custom‑chip relationship with Meta (MTIA) and new optical/400G products strengthen Broadcom’s positioning in hyperscaler AI networking and XPU ecosystems. Meta MTIA & Optical Tech
• Neutral Sentiment: Analyst reaction is mixed — several price‑target raises and bullish notes coexist with critical takes; consensus remains a "Moderate Buy" but creates two‑way trading pressure. Analyst Activity
• Negative Sentiment: Clustered insider selling: multiple executives (including CFO Kirsten Spears and other officers) sold large blocks on March 16–17, which can sap investor confidence and pressure the tape short‑term. Kirsten M. Spears Form 4 (SEC)
• Negative Sentiment: Cloud industry group has petitioned EU regulators for an interim measure over Broadcom’s changes to VMware programs, raising regulatory/legal uncertainty in Europe around its software franchise. EU Interim Measure Request (Reuters)
• Negative Sentiment: Technical downside risk: chart analysts flag a nine‑week symmetrical triangle with a potential breakdown and growing bearish momentum — this can amplify selling if key supports fail. Technical Breakdown Signal

Insider Buying and Selling

In other news, CEO Hock E. Tan sold 70,000 shares of the stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total transaction of $24,311,000.00. Following the completion of the sale, the chief executive officer owned 132,836 shares in the company, valued at approximately $46,133,942.80. This represents a 34.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Charlie B. Kawwas sold 39,116 shares of the firm's stock in a transaction 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 directly owned 74,626 shares of the company's stock, valued at $24,000,467.86. The trade was a 34.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 528,970 shares of company stock valued at $177,150,321 over the last quarter. Insiders own 1.90% of the company's stock.

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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