Broadcom Inc. $AVGO Shares Bought by MBL Wealth LLC

MBL Wealth LLC raised its position in Broadcom Inc. (NASDAQ:AVGO) by 34.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,010 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,321 shares during the quarter. MBL Wealth LLC’s holdings in Broadcom were worth $5,887,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Mayport LLC grew its position in Broadcom by 2.0% in the 4th quarter. Mayport LLC now owns 1,545 shares of the semiconductor manufacturer’s stock valued at $535,000 after acquiring an additional 31 shares in the last quarter. WealthBridge Capital Management LLC grew its position in Broadcom by 6.2% in the 4th quarter. WealthBridge Capital Management LLC now owns 4,850 shares of the semiconductor manufacturer’s stock valued at $1,678,000 after acquiring an additional 281 shares in the last quarter. Azzad Asset Management Inc. ADV grew its position in Broadcom by 2.9% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 43,496 shares of the semiconductor manufacturer’s stock valued at $15,054,000 after acquiring an additional 1,246 shares in the last quarter. Winthrop Advisory Group LLC grew its position in Broadcom by 4.2% in the 4th quarter. Winthrop Advisory Group LLC now owns 6,872 shares of the semiconductor manufacturer’s stock valued at $2,378,000 after acquiring an additional 279 shares in the last quarter. Finally, South Shore Capital Advisors acquired a new position in Broadcom in the 4th quarter valued at about $3,707,000. 76.43% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Alphabet/Google long-term deal boosts AI revenue visibility — a contract through 2031 covering future TPU generations has eased fears Google might shift suppliers, improving conviction in Broadcom’s AI roadmap. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS
• Positive Sentiment: Strong recent results and AI revenue growth — Broadcom reported record Q1 revenue with AI semiconductor revenue nearly doubling year-over-year, reinforcing growth expectations for custom AI chips and networking. Great News for Broadcom Stock Investors
• Positive Sentiment: Sector tailwind and technical breakout — analysts and market commentators note a semiconductor group breakout and momentum trade that is lifting AVGO alongside peers. Semiconductors Lead Rally: Broadcom, Marvell Breakout
• Neutral Sentiment: High investor attention / bullish media coverage — Broadcom is being highlighted as a momentum and “Bull of the Day” pick, which can attract flows but also increase short-term volatility. Broadcom Inc. (AVGO) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Notable insider selling — several insiders have sold shares recently (including director Gayla J. Delly and other executives reporting multi-million-dollar disposals), which can be viewed as a near-term headwind for sentiment. Gayla J. Delly Insider Sale Filing Insider Selling: Broadcom Insider Sells
• Negative Sentiment: Structural risks remain — analysts (e.g., UBS) note customer-concentration and competitive pressures persist despite the Google deal, meaning long-term risk to margins and growth is not fully resolved. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS

Analyst Ratings Changes

Several equities analysts have weighed in on AVGO shares. DA Davidson raised Broadcom to a “hold” rating in a research report on Friday, February 13th. UBS Group set a $475.00 price objective on Broadcom and gave the stock a “buy” rating in a research report on Monday, December 15th. Seaport Research Partners reissued a “neutral” rating on shares of Broadcom in a research report on Wednesday, April 8th. Wells Fargo & Company raised Broadcom from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $410.00 to $430.00 in a research report on Thursday, January 15th. Finally, Mizuho set a $480.00 price objective on Broadcom and gave the stock an “outperform” rating in a research report on Friday, January 9th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $435.30.

Insider Activity

In related news, insider Mark David Brazeal sold 50,488 shares of the business’s stock in a transaction that occurred 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 sale, the insider owned 278,141 shares in the company, valued at $89,450,145.60. The trade was a 15.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Charlie B. Kawwas sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $345.23, for a total value of $3,452,300.00. Following the sale, the insider owned 787,184 shares of the company’s stock, valued at approximately $271,759,532.32. The trade was a 1.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 316,282 shares of company stock valued at $103,461,089 over the last 90 days. Insiders own 1.90% of the company’s stock.

Broadcom Stock Performance

Shares of Broadcom stock opened at $379.81 on Tuesday. Broadcom Inc. has a one year low of $161.61 and a one year high of $414.61. The company has a market cap of $1.80 trillion, a PE ratio of 74.18, a P/E/G ratio of 0.77 and a beta of 1.24. 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 business has a 50-day simple moving average of $327.15 and a 200-day simple moving average of $343.46.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.02. The business had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The business’s revenue for the quarter was up 29.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.60 earnings per share. On average, equities research analysts forecast that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were paid a dividend of $0.65 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom’s payout ratio is presently 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.