Captrust Financial Advisors Purchases 107,033 Shares of Broadcom Inc. $AVGO

Captrust Financial Advisors boosted its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 9.4% in the 3rd quarter, Holdings Channel reports. The firm owned 1,240,479 shares of the semiconductor manufacturer’s stock after buying an additional 107,033 shares during the period. Broadcom accounts for about 0.8% of Captrust Financial Advisors’ holdings, making the stock its 25th largest position. Captrust Financial Advisors’ holdings in Broadcom were worth $409,247,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Brighton Jones LLC lifted its position in shares of Broadcom by 21.8% during the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock worth $6,882,000 after buying an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Broadcom by 10.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock worth $1,854,000 after acquiring an additional 756 shares in the last quarter. United Bank raised its stake in Broadcom by 76.5% during the first quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock worth $392,000 after acquiring an additional 1,014 shares in the last quarter. Sivia Capital Partners LLC raised its stake in Broadcom by 10.1% during the second quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer’s stock worth $3,499,000 after acquiring an additional 1,160 shares in the last quarter. Finally, Capital & Planning LLC lifted its holdings in shares of Broadcom by 10.5% in the second quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer’s stock worth $1,098,000 after acquiring an additional 378 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Meta publicly confirms the MTIA partnership with Broadcom, validating Broadcom’s role as a supplier for Meta’s custom inference chips and supporting recurring design wins and long‑term inference demand. This reinforces Broadcom’s AI revenue narrative. META MTIA blog
• Positive Sentiment: Product roadmap and standards progress: Broadcom unveiled new 400G optical DSP, 102.4T switches and 3.5D XPU at OFC and is active in forming the 400G Optical MSA and the Optical Compute Interconnect consortium — moves that cement its position in AI datacenter networking and could support higher ASPs and share gains. Zacks: AVGO boosts AI growth Yahoo: Broadcom AI alliances
• Positive Sentiment: Analyst momentum and targets: multiple price‑target hikes and buy reiterations (including Rosenblatt raising its target and retaining Buy) are boosting the bullish case on AVGO’s AI growth potential. Analyst optimism can support near‑term demand from institutional buyers. InsiderMonkey: Rosenblatt lifts PT Blockonomi: five PT hikes
• Positive Sentiment: Buyback and capital return commentary: coverage notes Broadcom is stepping up buybacks — a supportive corporate action for EPS and shareholder returns that can underpin valuation during choppy trading. MarketBeat: buyback report
• Neutral Sentiment: Congressional purchases: multiple members disclosed buys of AVGO over the past 90 days — a signal that can attract attention but is lagged (45‑day disclosures) and not a definitive trading signal.
• Neutral Sentiment: Sector ripple effects: Broadcom’s earnings commentary helped lift specialty networking names (Credo, Astera), underscoring demand for datacenter connectivity, though these moves reflect ecosystem dynamics rather than direct AVGO revenue this quarter. MarketBeat: Credo/Astera
• Neutral Sentiment: Short interest data reported for March is inconsistent/garbled in the release and does not provide a clear signal on bearish positioning today.
• Negative Sentiment: Meta’s announcement omitted a GenAI training (Olympus) chip — reinforcing reports that Meta has slowed its training‑chip roadmap. That could delay a potential training‑chip revenue stream for Broadcom and push monetization further out. META MTIA blog
• Negative Sentiment: Contrarian views and downgrades: some commentary (e.g., a Seeking Alpha rethink/downgrade piece) highlights valuation, execution risk and investor sentiment as reasons to be cautious — such coverage can pressure the stock amid choppy trading. Seeking Alpha: rethink/downgrade

Insider Buying and Selling

In other Broadcom news, insider Mark David Brazeal sold 30,000 shares of the company’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $347.12, for a total value of $10,413,600.00. Following the sale, the insider owned 210,573 shares in the company, valued at approximately $73,094,099.76. The trade was a 12.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Harry L. You purchased 1,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was bought at an average cost of $325.13 per share, with a total value of $325,130.00. Following the purchase, the director owned 36,602 shares of the company’s stock, valued at approximately $11,900,408.26. This trade represents a 2.81% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have sold 385,921 shares of company stock valued at $131,232,806. Company insiders own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Wall Street Zen raised shares of Broadcom from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Wolfe Research upgraded shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 target price on the stock in a research report on Friday, January 30th. Susquehanna reaffirmed a “positive” rating and set a $450.00 target price (up from $400.00) on shares of Broadcom in a research note on Thursday, December 4th. Truist Financial upped their price target on shares of Broadcom from $510.00 to $545.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 price target on shares of Broadcom in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $435.30.

Broadcom Stock Down 1.1%

NASDAQ:AVGO opened at $321.31 on Wednesday. Broadcom Inc. has a one year low of $138.10 and a one 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 $1.52 trillion, a PE ratio of 62.76, a P/E/G ratio of 0.70 and a beta of 1.22. The firm’s 50 day simple moving average is $331.91 and its 200 day simple moving average is $345.27.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.02. The firm had revenue of $19.31 billion during 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 company’s revenue was up 29.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.60 EPS. On average, research analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 23rd will be paid a $0.65 dividend. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. Broadcom’s payout ratio is currently 50.78%.

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.