Broadcom Inc. $AVGO Shares Purchased by Sterling Investment Counsel LLC

Sterling Investment Counsel LLC lifted its stake in Broadcom Inc. (NASDAQ:AVGO) by 25.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,437 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,300 shares during the quarter. Broadcom comprises about 0.6% of Sterling Investment Counsel LLC’s holdings, making the stock its 29th largest holding. Sterling Investment Counsel LLC’s holdings in Broadcom were worth $2,106,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AVGO. Arrowstreet Capital Limited Partnership increased its holdings in shares of Broadcom by 499.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 5,634,232 shares of the semiconductor manufacturer’s stock valued at $1,858,789,000 after purchasing an additional 4,694,313 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Broadcom by 47.5% in the fourth quarter. Nordea Investment Management AB now owns 9,814,757 shares of the semiconductor manufacturer’s stock valued at $3,406,211,000 after purchasing an additional 3,160,586 shares during the last quarter. Danske Bank A S acquired a new stake in shares of Broadcom in the third quarter valued at approximately $987,488,000. Massachusetts Financial Services Co. MA increased its holdings in shares of Broadcom by 41.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,520,644 shares of the semiconductor manufacturer’s stock valued at $2,811,046,000 after purchasing an additional 2,503,304 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Broadcom by 212.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,016,048 shares of the semiconductor manufacturer’s stock valued at $332,714,000 after purchasing an additional 1,919,017 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Insider Transactions at Broadcom

In other news, insider Mark David Brazeal sold 50,488 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $16,236,940.80. Following the completion of the transaction, the insider directly owned 278,141 shares in the company, valued at $89,450,145.60. This trade represents a 15.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Kirsten M. Spears sold 36,292 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $11,671,507.20. Following the transaction, the chief financial officer owned 327,760 shares of the company’s stock, valued at approximately $105,407,616. This represents a 9.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 324,282 shares of company stock valued at $106,425,249. Corporate insiders own 1.90% of the company’s stock.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Expanded Google Cloud collaboration — Broadcom and Google launched Cloud Network Insights (end‑to‑end network observability for multi‑cloud/hybrid/SaaS), which supports Broadcom’s push into higher‑margin infrastructure software and recurring revenue. Read More.
• Positive Sentiment: Multi‑year Meta AI infrastructure partnership — a large cloud/AI customer win that expands Broadcom’s addressable market in AI infrastructure and validates its enterprise AI roadmap. Read More.
• Positive Sentiment: VMware Tanzu integration for enterprise AI — Broadcom extended its software stack into a secure runtime for Autonomous AI on VMware, reinforcing software recurring revenue and enterprise AI positioning. Read More.
• Positive Sentiment: Broad sector tailwind — the Philadelphia Semiconductor Index (SOXX) logged a record 17‑day winning streak, reflecting strong demand momentum across chips and lifting broad market sentiment for AVGO. Read More.
• Positive Sentiment: Technical and analyst backing — AVGO formed a bullish 50/200-day “golden cross” (a common momentum signal), and analysts call AVGO one of the few drivers of big 2026 earnings growth alongside NVDA; high-profile investor mentions (e.g., Ken Griffin) add institutional interest. Read More. Read More. Read More.
• Neutral Sentiment: Analyst/commentary roundups — several outlets published bullish theses and “stocks to buy” lists highlighting AVGO’s AI exposure and software mix; useful for sentiment but mainly a compilation of existing catalysts. Read More.
• Negative Sentiment: Valuation and positioning risk — coverage notes elevated trailing/forward P/E ratios and AVGO trading near its 52‑week highs, which increases downside if growth expectations slip or macro sentiment turns. Read More.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AVGO. Erste Group Bank lowered Broadcom from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Seaport Research Partners reiterated a “neutral” rating on shares of Broadcom in a research report on Wednesday, April 8th. Zacks Research upgraded Broadcom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 2nd. Mizuho reiterated an “outperform” rating and issued a $480.00 price objective on shares of Broadcom in a research report on Thursday, April 16th. Finally, Truist Financial increased their price objective on Broadcom from $510.00 to $545.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Broadcom currently has an average rating of “Moderate Buy” and a consensus target price of $435.30.

Broadcom Stock Performance

Shares of Broadcom stock opened at $422.76 on Monday. The firm has a market capitalization of $2.00 trillion, a price-to-earnings ratio of 82.57, a PEG ratio of 0.87 and a beta of 1.24. Broadcom Inc. has a fifty-two week low of $184.02 and a fifty-two week high of $429.31. 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 stock has a 50 day moving average of $341.04 and a 200 day moving average of $347.89.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping the consensus estimate of $2.03 by $0.02. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The business had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same period last year, the business posted $1.60 earnings per share. The company’s quarterly revenue was up 29.5% on a year-over-year basis. As a group, research analysts predict that Broadcom Inc. will post 9.95 earnings per share for the current year.

Broadcom Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, March 23rd. Broadcom’s dividend payout ratio (DPR) is currently 50.78%.

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.