Broadcom (NASDAQ:AVGO) Insider Sells 50,488 Shares

Broadcom Inc. (NASDAQ:AVGO) insider Mark David Brazeal sold 50,488 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total value of $16,236,940.80. Following the transaction, the insider directly owned 278,141 shares in the company, valued at $89,450,145.60. This represents a 15.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Mark David Brazeal also recently made the following trade(s):

• On Monday, March 16th, Mark David Brazeal sold 33,194 shares of Broadcom stock. The shares were sold at an average price of $326.10, for a total transaction of $10,824,563.40.
• On Tuesday, January 6th, Mark David Brazeal sold 30,000 shares of Broadcom stock. The shares were sold at an average price of $347.12, for a total transaction of $10,413,600.00.
• On Friday, December 26th, Mark David Brazeal sold 25,921 shares of Broadcom stock. The stock was sold at an average price of $352.07, for a total transaction of $9,126,006.47.

Broadcom Stock Performance

AVGO stock traded down $5.38 during midday trading on Wednesday, reaching $315.93. 25,380,340 shares of the company’s stock traded hands, compared to its average volume of 27,828,028. The firm has a market capitalization of $1.50 trillion, a PE ratio of 61.71, a price-to-earnings-growth ratio of 0.69 and a beta of 1.22. The company has a 50-day moving average price of $331.91 and a two-hundred day moving average price of $345.27. 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.

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. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same period last year, the firm earned $1.60 EPS. The business’s quarterly revenue was up 29.5% compared to the same quarter last year. As a group, equities analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Announces Dividend

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

Institutional Investors Weigh In On Broadcom

Several institutional investors and hedge funds have recently added to or reduced their stakes in AVGO. Capital Counsel LLC NY purchased a new position in shares of Broadcom in the second quarter worth $221,000. Waterloo Capital L.P. grew its stake in Broadcom by 7.0% during the second quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer’s stock valued at $13,331,000 after acquiring an additional 3,180 shares in the last quarter. Providence First Trust Co increased its holdings in Broadcom by 1,099.3% in the 3rd quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer’s stock valued at $2,944,000 after acquiring an additional 8,179 shares during the last quarter. RiverFront Investment Group LLC lifted its stake in Broadcom by 107.6% in the 2nd quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer’s stock worth $4,555,000 after purchasing an additional 8,566 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in Broadcom by 3.4% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 323,587 shares of the semiconductor manufacturer’s stock worth $109,492,000 after purchasing an additional 10,786 shares in the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Analyst Ratings Changes

AVGO has been the subject of a number of research analyst reports. Oppenheimer increased their price target on shares of Broadcom from $435.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Susquehanna reissued a “positive” rating and set a $450.00 price objective (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. DA Davidson raised shares of Broadcom to a “hold” rating in a research report on Friday, February 13th. UBS Group set a $475.00 price target on shares of Broadcom and gave the stock a “buy” rating in a research note on Monday, December 15th. Finally, Bank of America lowered their price target on shares of Broadcom from $500.00 to $450.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $435.30.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom began production‑volume shipments of its Tomahawk 6 switch family — the world’s first 102.4 Tbps switch — which accelerates customer deployments for hyperscale AI networks and supports near‑term revenue scaling in networking. Broadcom Commences Production Volume Shipping of World’s First 102.4 Tbps Switch
• Positive Sentiment: Meta publicly confirmed Broadcom as a partner on its MTIA custom AI chips — removing doubt about a major customer relationship and strengthening AVGO’s revenue visibility for inference silicon and future GenAI deployments. Why Meta’s AI Chip Announcement Has Broadcom Investors Paying Attention
• Positive Sentiment: Analyst support and institutional interest remain elevated — multiple price‑target upgrades and high‑profile investors (e.g., Rosenblatt raising targets; notable positions reported by Fisher Asset Management) keep a bullish narrative about AVGO’s AI growth trajectory. Rosenblatt Maintains Buy on Broadcom
• Positive Sentiment: Broadcom’s infrastructure software (VMware) and buyback activity remain tailwinds — buybacks cited by analysts can support EPS and shareholder returns during volatile price action. Berkshire, Broadcom & Nucor Are Revving Their Buyback Engines
• Neutral Sentiment: Broadcom’s role in new industry groups and optical standards (400G Optical MSA, Optical Compute Interconnect) positions it strategically for long‑term AI data‑center interoperability — supportive strategically but benefits will play out over years. Broadcom AI Alliances Shape Optical Standards And Raise Valuation Questions
• Negative Sentiment: Meta’s announcement did not include a GenAI training chip (reports suggest Olympus development is paused), which likely delays the timing and magnitude of potential training‑chip revenue for Broadcom — a near‑term revenue/timing risk. Why Meta’s AI Chip Announcement Has Broadcom Investors Paying Attention
• Negative Sentiment: Valuation and sentiment concerns are emerging in some research notes and op‑eds (calls for rethink/downgrades), which can amplify short‑term selling even as fundamentals remain strong — a common cause of choppy trading. Seeking Alpha: Broadcom Rethink/Downgrade

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.