SeaCrest Wealth Management LLC Lowers Stake in Broadcom Inc. $AVGO

SeaCrest Wealth Management LLC lessened its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 11.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,955 shares of the semiconductor manufacturer’s stock after selling 8,672 shares during the period. Broadcom accounts for 2.4% of SeaCrest Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. SeaCrest Wealth Management LLC’s holdings in Broadcom were worth $23,133,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JCIC Asset Management Inc. bought a new stake in Broadcom in the 3rd quarter valued at about $31,000. Longfellow Investment Management Co. LLC bought a new position in Broadcom during the second quarter worth about $27,000. Teachers Insurance & Annuity Association of America purchased a new position in shares of Broadcom in the second quarter worth about $28,000. Manning & Napier Advisors LLC purchased a new position in shares of Broadcom in the third quarter worth about $34,000. Finally, New England Capital Financial Advisors LLC bought a new stake in shares of Broadcom in the second quarter valued at approximately $31,000. Institutional investors own 76.43% of the company’s stock.

Insider Buying and Selling

In other news, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the completion of the sale, the chief financial officer owned 277,237 shares in the company, valued at approximately $96,428,573.34. This trade represents a 9.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Hock E. Tan sold 130,000 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $326.02, for a total value of $42,382,600.00. Following the transaction, the chief executive officer directly owned 595,638 shares of the company’s stock, valued at $194,189,900.76. The trade was a 17.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 458,785 shares of company stock worth $155,508,157 over the last ninety days. 1.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AVGO. Oppenheimer upped their price target on shares of Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Mizuho set a $480.00 target price on shares of Broadcom and gave the company an “outperform” rating in a report on Friday, January 9th. Susquehanna restated 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. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $450.00 price target on shares of Broadcom in a report on Monday, January 5th. Finally, Truist Financial lifted their price target on Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a research report 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Broadcom has an average rating of “Moderate Buy” and a consensus target price of $435.30.

Broadcom Price Performance

Broadcom stock traded down $2.95 during midday trading on Friday, reaching $333.02. 3,111,999 shares of the stock were exchanged, compared to its average volume of 25,984,738. Broadcom Inc. has a 52 week low of $138.10 and a 52 week high of $414.61. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. The firm has a market cap of $1.58 trillion, a PE ratio of 65.09, a PEG ratio of 0.78 and a beta of 1.22. The company’s fifty day moving average is $333.24 and its 200-day moving average is $344.15.

Broadcom (NASDAQ:AVGO) last announced 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. The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The business’s quarterly revenue was up 29.5% compared to the same quarter last year. During the same period last year, the firm earned $1.60 EPS. On average, sell-side analysts forecast that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Dividend Announcement

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 dividend of $0.65 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.60 annualized dividend and a yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is currently 50.78%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Management forecasted >$100 billion in AI chip sales for 2027, highlighting material TAM expansion and signaling share gains versus competitors — a key growth narrative driving investor enthusiasm. What Makes Broadcom (AVGO) a Lucrative Investment?
• Positive Sentiment: Morgan Stanley raised its price target on AVGO to $470 and kept an Overweight rating, signaling continued analyst conviction following the company’s strong quarter — this lift to consensus expectations supports upside in the stock. Morgan Stanley Raises PT on Broadcom, Keeps Overweight Rating
• Positive Sentiment: Broadcom announced it is now shipping the Tomahawk 6 family 102.4 Tbps switch at production scale — a meaningful infrastructure win for hyperscale AI networking that strengthens revenue and market-share outlooks in data-center switching. Broadcom Now Shipping World's First 102.4 Tbps Switch in Production Volume
• Positive Sentiment: Broadcom released its 3nm 400G/lane optical PAM‑4 DSP (Taurus BCM83640) enabling best‑in‑class 1.6T transceivers and paving the path to 204.8T networks — strengthens Broadcom’s optics leadership and cross‑sell into AI datacenters. Broadcom Delivers Industry’s First 400G/lane Optical DSP for Next-Generation AI Networks
• Positive Sentiment: Coverage and investor writeups are upbeat on AI-led cash flow upside (features in Seeking Alpha, Zacks and Yahoo) and several bullish analysts/funds reiterated conviction — momentum in sentiment is supporting the rally. Broadcom: AI Is Turning This Chip Giant Into A Strong Buy Cash Flow Machine
• Neutral Sentiment: Broadcom showcased a broad AI infrastructure portfolio at OFC 2026 (XPUs, Ethernet, optics, SerDes, DSP, PCIe) — positive for positioning but mainly promotional until material deals are reported. Broadcom Showcases Industry-Leading Solutions for Scaling AI Infrastructure at OFC 2026
• Neutral Sentiment: Partner award and ecosystem news (11:11 Systems named Broadcom VMware Cloud Service Provider Partner of the Year) underline go‑to‑market momentum but have limited direct near‑term financial impact. 11:11 Systems Named Broadcom VMware Cloud Service Provider Partner of the Year 2025
• Neutral Sentiment: Reported short‑interest entries in the feed show zero/NaN values and are not informative — no clear short‑pressure story emerged from the data.

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.