Vanderbilt University Takes Position in Broadcom Inc. $AVGO

Key Points

• Vanderbilt University purchased 9,329 Broadcom shares in the second quarter, valued at approximately $3.52 million and representing 0.5% of its portfolio. Institutional investors and hedge funds collectively own 76.43% of AVGO.
• Analysts maintain a generally positive outlook, with 28 Buy ratings and four Holds producing a “Moderate Buy” consensus and an average price target of $493.24, above the stock’s reported $392.43 price.
• Broadcom reported quarterly revenue of $22.19 billion, up 47.9% year over year, and beat earnings expectations. However, its elevated valuation, recent insider selling and concerns about AI-related margin pressure remain key risks.

Vanderbilt University purchased a new position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 9,329 shares of the semiconductor manufacturer's stock, valued at approximately $3,524,000. Broadcom makes up 0.5% of Vanderbilt University's investment portfolio, making the stock its 22nd biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in Broadcom by 1.5% in the 1st quarter. Bank of America Corp DE now owns 58,737,097 shares of the semiconductor manufacturer's stock valued at $18,179,719,000 after purchasing an additional 894,564 shares during the last quarter. Bartlett & CO. Wealth Management LLC boosted its position in shares of Broadcom by 129.3% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 110,048 shares of the semiconductor manufacturer's stock worth $34,061,000 after buying an additional 62,050 shares during the period. First Bank & Trust boosted its position in shares of Broadcom by 17.2% during the second quarter. First Bank & Trust now owns 10,503 shares of the semiconductor manufacturer's stock worth $3,968,000 after buying an additional 1,545 shares during the period. Fifth Lane Capital LP grew its stake in shares of Broadcom by 77.8% in the fourth quarter. Fifth Lane Capital LP now owns 4,000 shares of the semiconductor manufacturer's stock valued at $1,384,000 after buying an additional 1,750 shares in the last quarter. Finally, Wealthcare Capital Partners LLC raised its holdings in shares of Broadcom by 36.4% in the 2nd quarter. Wealthcare Capital Partners LLC now owns 4,407 shares of the semiconductor manufacturer's stock valued at $1,665,000 after buying an additional 1,176 shares during the period. 76.43% of the stock is owned by institutional investors and hedge funds.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s upgrade to a Zacks Rank #2 (Buy) reflects improving earnings expectations. Analysts’ average price target implies roughly 32% upside, though consensus targets are not always reliable indicators. Broadcom Upgraded to Buy
• Positive Sentiment: Commentary argues Broadcom could reshape the AI narrative through strong custom-chip demand, networking exposure and visibility into future orders. Recent results also showed substantial year-over-year revenue growth and an earnings beat. Broadcom Is Set to Rewrite the AI Narrative
• Positive Sentiment: Investors see the VMware portfolio and the upcoming VMware Explore event as opportunities to expand private-AI cloud offerings and drive recurring software revenue. VMware Explore 2026
• Neutral Sentiment: Analysts broadly rate AVGO a Buy, and some individual investors continue purchasing below $400. However, the stock’s elevated valuation means strong future growth may already be reflected in the price. Wall Street Analysts See Broadcom as a Buy
• Negative Sentiment: Bearish analysis warns that AI infrastructure investment could pressure margins if customers demand lower prices or Broadcom faces rising development and manufacturing costs. Broadcom AI Margin Squeeze
• Negative Sentiment: VMware-related uncertainty and the broader semiconductor selloff contributed to recent weakness. Second-quarter filings also showed some prominent investors rotating from Broadcom into Lam Research or Taiwan Semiconductor, increasing concerns about institutional positioning. Funds Rotate Out of Broadcom

Analysts Set New Price Targets

AVGO has been the subject of a number of research analyst reports. Morgan Stanley set a $502.00 target price on Broadcom and gave the company an "overweight" rating in a report on Thursday, June 4th. Weiss Ratings lowered shares of Broadcom from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $515.00 price objective (up from $430.00) on shares of Broadcom in a report on Thursday, June 4th. Rosenblatt Securities reiterated a "buy" rating and set a $500.00 target price on shares of Broadcom in a report on Thursday, June 4th. Finally, Royal Bank Of Canada boosted their price target on shares of Broadcom from $360.00 to $400.00 and gave the stock a "sector perform" rating in a research note on Thursday, June 4th. Twenty-eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $493.24.

Insiders Place Their Bets

In other news, Director Gayla J. Delly sold 1,890 shares of the business's stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $385.38, for a total transaction of $728,368.20. Following the completion of the sale, the director owned 31,326 shares in the company, valued at approximately $12,072,413.88. The trade was a 5.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Justine Page sold 1,602 shares of the company's stock in a transaction on Monday, June 29th. The shares were sold at an average price of $373.86, for a total transaction of $598,923.72. Following the completion of the transaction, the director owned 17,426 shares of the company's stock, valued at approximately $6,514,884.36. The trade was a 8.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 61,644 shares of company stock valued at $24,016,214. 1.90% of the stock is owned by company insiders.

Broadcom Stock Performance

Shares of AVGO stock opened at $392.43 on Tuesday. The company has a market cap of $1.87 trillion, a P/E ratio of 65.41, a PEG ratio of 0.75 and a beta of 1.45. The firm has a fifty day moving average price of $389.71 and a 200 day moving average price of $374.06. The company has a current ratio of 2.24, a quick ratio of 2.01 and a debt-to-equity ratio of 0.71. Broadcom Inc. has a 12 month low of $281.87 and a 12 month high of $495.00.

Broadcom (NASDAQ:AVGO - Get Free Report) last posted its quarterly earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share for the quarter, beating analysts' consensus estimates of $2.40 by $0.04. The company had revenue of $22.19 billion for the quarter, compared to analysts' expectations of $22.13 billion. Broadcom had a return on equity of 41.61% and a net margin of 38.85%.Broadcom's quarterly revenue was up 47.9% on a year-over-year basis. During the same period last year, the firm earned $1.58 earnings per share. Sell-side analysts predict that Broadcom Inc. will post 10.24 earnings per share for the current fiscal year.

Broadcom Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were paid a dividend of $0.65 per share. The ex-dividend date was Monday, June 22nd. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom's payout ratio is presently 43.33%.

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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