Broadcom Inc. $AVGO Holdings Lifted by Sands Capital Management LLC

Sands Capital Management LLC increased its holdings in Broadcom Inc. (NASDAQ:AVGO) by 11.8% in the 3rd quarter, Holdings Channel reports. The fund owned 2,060,624 shares of the semiconductor manufacturer’s stock after purchasing an additional 217,297 shares during the period. Broadcom makes up about 1.9% of Sands Capital Management LLC’s portfolio, making the stock its 22nd biggest position. Sands Capital Management LLC’s holdings in Broadcom were worth $679,820,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Longfellow Investment Management Co. LLC purchased a new stake in shares of Broadcom in the second quarter worth approximately $27,000. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Broadcom during the 2nd quarter valued at $28,000. New England Capital Financial Advisors LLC acquired a new stake in shares of Broadcom during the 2nd quarter valued at $31,000. JCIC Asset Management Inc. purchased a new position in shares of Broadcom during the 3rd quarter valued at $31,000. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Broadcom in the third quarter worth $34,000. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Broadcom Stock Performance

Shares of NASDAQ AVGO opened at $342.58 on Wednesday. The business’s 50-day simple moving average is $333.53 and its 200-day simple moving average is $344.23. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. Broadcom Inc. has a 52 week low of $138.10 and a 52 week high of $414.61. The firm has a market cap of $1.62 trillion, a price-to-earnings ratio of 66.91, a P/E/G ratio of 0.79 and a beta of 1.22.

Broadcom (NASDAQ:AVGO) last posted 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 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 the consensus estimate of $19.10 billion. During the same period in the prior year, the firm earned $1.60 EPS. Broadcom’s quarterly revenue was up 29.5% compared to the same quarter last year. As a group, equities research analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be issued a $0.65 dividend. 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 (DPR) is 50.78%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AVGO. Wall Street Zen upgraded Broadcom from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a research report on Monday, December 29th. Piper Sandler reaffirmed an “overweight” rating and set a $430.00 price target (up from $375.00) on shares of Broadcom in a research note on Friday, December 12th. Mizuho set a $480.00 price target on Broadcom and gave the company an “outperform” rating in a report on Friday, January 9th. Finally, Truist Financial boosted their price target on Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $435.30.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Analyst upgrade lifted the stock after a visible upgrade pushed buy interest and momentum. Broadcom Trading Up 4.6% Following Analyst Upgrade
• Positive Sentiment: RBC Capital Markets raised its price target and pointed to bullish FY27 commentary from Broadcom, reinforcing analyst confidence in the company’s AI revenue outlook. RBC Lifts Price Target
• Positive Sentiment: MarketBeat highlights Broadcom’s updated guidance and management comment that the company now sees line‑of‑sight to >$100B in AI chip revenue in 2027 — a major bullish catalyst for growth expectations and analyst price targets. Broadcom Eyes $100 Billion in AI Revenue
• Positive Sentiment: Several investment writeups (The Motley Fool, Zacks, Seeking Alpha) reiterate Broadcom as a top AI/custom‑silicon growth play, adding retail and institutional interest. These thematic buy arguments support higher valuation multiples. Fool: 3 Unstoppable AI Stocks
• Positive Sentiment: Sector peer strength: Marvell’s strong beat-and-raise and upgraded multi‑year guidance suggest the custom‑chip market is accelerating — a positive signal for Broadcom’s end markets and customer demand. Marvell’s Big Earnings Win
• Neutral Sentiment: Some data feeds show odd/erroneous short‑interest metrics (zero shares / NaN changes). That makes short‑interest signals unreliable in the near term. (Monitor for corrected filings.)
• Neutral Sentiment: Broad perspective pieces from Zacks and MarketBeat reiterate growth credentials and updated analyst targets; useful context but not new company‑level catalysts. Zacks: Top‑Ranked Growth Stock
• Negative Sentiment: Risk: management’s earlier comments about margin dilution from “systems” sales and rising memory costs remain potential downside if Broadcom can’t fully offset dilution (MarketBeat notes pricing to Anthropic may be helping, but the risk persists). Margin & Memory‑Price Risk

Insiders Place Their Bets

In other news, insider Mark David Brazeal sold 38,281 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $327.65, for a total transaction of $12,542,769.65. Following the completion of the transaction, the insider directly owned 266,494 shares in the company, valued at $87,316,759.10. The trade was a 12.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kirsten M. Spears sold 30,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total value of $10,434,600.00. Following the completion of the sale, the chief financial officer directly owned 277,237 shares of the company’s stock, valued at $96,428,573.34. This represents a 9.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 458,785 shares of company stock valued at $155,508,157 in the last three months. Company 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.