Integrity Advisory Solutions LLC Buys Shares of 4,627 Broadcom Inc. $AVGO

Integrity Advisory Solutions LLC purchased a new stake in Broadcom Inc. (NASDAQ:AVGO) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 4,627 shares of the semiconductor manufacturer’s stock, valued at approximately $1,527,000.

Several other institutional investors and hedge funds have also modified their holdings of AVGO. Vanguard Group Inc. lifted its holdings in shares of Broadcom by 1.3% in the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock worth $133,261,046,000 after acquiring an additional 6,222,802 shares during the last quarter. State Street Corp increased its position 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 in the last quarter. Geode Capital Management LLC lifted its stake in Broadcom by 2.1% in the 2nd quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock valued at $29,827,649,000 after purchasing an additional 2,226,585 shares during the last quarter. Norges Bank acquired a new stake in Broadcom in the second quarter valued at approximately $18,579,549,000. Finally, Invesco Ltd. boosted its position in Broadcom by 8.4% in the second quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock valued at $10,598,641,000 after buying an additional 2,978,768 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 results beat expectations: revenue $19.31B (+29.5% YoY) and adjusted EPS $2.05, with AI semiconductor sales more than doubling to $8.4B — the core driver cited on the call. This beat + margin stability reassured investors. Broadcom’s Blowout Quarter Just Made the Bears Look Foolish
• Positive Sentiment: Very strong forward guide: Broadcom guided Q2 revenue to about $22.0B (well above consensus) and expects AI semiconductor revenue to accelerate to ~$10.7B, signaling continued high single-digit/huge YoY growth in AI exposure. Broadcom forecasts second-quarter revenue above estimates
• Positive Sentiment: Management bullish on AI TAM: CEO Hock Tan said AI chip sales could be “significantly in excess of $100 billion” in 2027 and confirmed memory supply visibility through 2028 — a statement that supports multi-year demand assumptions. Broadcom stock rallies as CEO Tan makes strong case for why AI growth will last
• Positive Sentiment: $10B buyback announced and continued healthy cash flow — lowers share count risk and supports earnings per share. This is an explicit capital-return action that typically supports the share price. PR Newswire: Broadcom Q1 results & buyback
• Positive Sentiment: Analyst enthusiasm: multiple firms raised price targets and reiterated buy/overweight ratings after the print (examples: JPMorgan, Citigroup, Truist, Rosenblatt), signaling growing buy-side conviction. Benzinga (analyst note roundup)
• Neutral Sentiment: Product progress: Broadcom said it has begun shipping a 2nm custom compute SoC on its 3.5D XDSiP platform — positive for technology leadership but a longer-term revenue story. Broadcom Ships 3.5D Face-To-Face Compute SoC
• Neutral Sentiment: Market noise items (short-interest entries here appear to contain errors/zeros) and some analyst target dispersion — watch for churn in headlines but these are less likely to move the stock than the earnings/guidance. TipRanks earnings call recap
• Negative Sentiment: Policy risk: reports that U.S. export rules for AI chips could tighten introduce geopolitical/regulatory downside that could constrain sales outside the U.S. or complicate supply chains. This is an industry-level overhang that can pressure high-PE semiconductor names. New Export Rules Could Be Coming for AI Chipmakers’ Sales
• Negative Sentiment: Enterprise software softness: Broadcom’s infrastructure software (notably VMware-related) showed only ~1% YoY growth this quarter — a drag on overall growth and a reminder that not all segments are benefitting equally from AI momentum. WSJ: Broadcom’s AI Business Is Booming. The Rest Is Complicated.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on AVGO shares. Mizuho set a $480.00 price target on shares of Broadcom and gave the stock an “outperform” rating in a report on Friday, January 9th. Citigroup upped their target price on Broadcom from $458.00 to $475.00 and gave the stock a “buy” rating in a report on Thursday. Robert W. Baird set a $420.00 price target on Broadcom in a research note on Friday, December 12th. DA Davidson upgraded Broadcom to a “hold” rating in a report on Friday, February 13th. Finally, Oppenheimer upped their price objective on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Broadcom has an average rating of “Moderate Buy” and a consensus target price of $435.03.

Broadcom Trading Up 4.9%

Shares of AVGO stock opened at $332.97 on Friday. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. The stock has a market cap of $1.58 trillion, a price-to-earnings ratio of 65.03, a PEG ratio of 1.02 and a beta of 1.22. The stock has a 50-day moving average of $334.17 and a 200-day moving average of $342.61.

Broadcom (NASDAQ:AVGO) last announced its 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. The business had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a return on equity of 39.28% and a net margin of 36.57%.The firm’s revenue was up 29.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.60 earnings per share. On average, equities research analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a $0.65 dividend. The ex-dividend date was Monday, December 22nd. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 annualized dividend and a yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is presently 50.78%.

Insider Activity

In other news, insider Mark David Brazeal sold 30,000 shares of Broadcom 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 completion of the transaction, the insider directly owned 210,573 shares of the company’s stock, valued at approximately $73,094,099.76. This trade represents a 12.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 277,237 shares in the company, 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. In the last 90 days, insiders sold 779,101 shares of company stock worth $283,804,325. 2.00% of the stock is owned by insiders.

About Broadcom

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.