Broadcom Inc. $AVGO Shares Sold by Tounjian Advisory Partners LLC

Tounjian Advisory Partners LLC reduced its position in Broadcom Inc. (NASDAQ:AVGO) by 14.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,208 shares of the semiconductor manufacturer’s stock after selling 2,702 shares during the period. Broadcom comprises approximately 1.9% of Tounjian Advisory Partners LLC’s holdings, making the stock its 8th largest position. Tounjian Advisory Partners LLC’s holdings in Broadcom were worth $5,610,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Capital Counsel LLC NY purchased a new position in shares of Broadcom during the second quarter valued at $221,000. Waterloo Capital L.P. lifted its stake in Broadcom by 7.0% in the 2nd quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer’s stock worth $13,331,000 after acquiring an additional 3,180 shares in the last quarter. Providence First Trust Co lifted its stake 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 worth $2,944,000 after acquiring an additional 8,179 shares in the last quarter. RiverFront Investment Group LLC boosted its position in Broadcom by 107.6% during the 2nd quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer’s stock worth $4,555,000 after acquiring an additional 8,566 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in Broadcom by 3.4% during 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 acquiring an additional 10,786 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Insider Buying and Selling

In related news, insider Mark David Brazeal sold 50,488 shares of Broadcom 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 completion of the sale, the insider owned 278,141 shares of the company’s stock, valued at approximately $89,450,145.60. The trade was a 15.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider S. Ram Velaga sold 38,841 shares of the company’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 $12,491,265.60. Following the completion of the sale, the insider owned 96,147 shares of the company’s stock, valued at $30,920,875.20. This represents a 28.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 428,970 shares of company stock valued at $142,585,321. 1.90% of the stock is owned by company insiders.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Bernstein upgraded Broadcom on AI exposure, prompting a rally as investors digested the firm’s expanding AI backlog and customer wins. This upgrade helped lift sentiment around AVGO. Bernstein Upgrade
• Positive Sentiment: Analysts and commentary argue Broadcom’s 2027 AI revenue target ($100B+) may be conservative; management’s disclosed GW customer commitments and secured component supply through 2028 suggest materially larger upside if deployments scale as expected. MarketBeat AI Revenue Analysis
• Positive Sentiment: Broadcom is expanding its AI and infrastructure product stack (3.5D XPU, 102.4T Ethernet switch, co-packaged optics) and launched Symantec CBX for security — moves that diversify software and AI infrastructure revenue streams. These product/portfolio updates support the long-term growth thesis. Product Launch
• Neutral Sentiment: Quarterly results showed upside to revenue and EPS with strong margins and guidance; this underpins investor confidence but is already priced in to some extent given the run-up in the stock. Earnings Snapshot
• Negative Sentiment: Management warned of tightening supply — notably that TSMC is reaching capacity limits — and flagged shortages in other critical components. That raises execution risk for meeting fast-growing AI demand and could pressure near-term deliveries and margins. Supply Constraints
• Negative Sentiment: European cloud providers filed an antitrust complaint over Broadcom’s VMware licensing changes, which could lead to regulatory scrutiny, litigation risk and potential revenue headwinds in EMEA if remedies or fines follow. EU Antitrust Complaint

Analysts Set New Price Targets

AVGO has been the topic of a number of research reports. Royal Bank Of Canada dropped their target price on Broadcom from $370.00 to $340.00 and set a “sector perform” rating on the stock in a report on Monday, March 2nd. TD Cowen restated a “buy” rating on shares of Broadcom in a report on Friday, December 12th. Zacks Research lowered shares of Broadcom from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. UBS Group set a $475.00 target price on shares of Broadcom and gave the stock a “buy” rating in a research report on Monday, December 15th. Finally, Bank of America decreased their target price on shares of Broadcom from $500.00 to $450.00 and set a “buy” rating for the company in a research note 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. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $435.30.

Broadcom Stock Up 3.9%

AVGO opened at $322.51 on Tuesday. The company has a market capitalization of $1.53 trillion, a PE ratio of 62.99, a price-to-earnings-growth ratio of 0.67 and a beta of 1.22. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. The business has a 50-day moving average of $329.84 and a 200-day moving average of $345.72.

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 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 analysts’ expectations of $19.10 billion. During the same quarter in the previous year, the business posted $1.60 EPS. The firm’s quarterly revenue was up 29.5% compared to the same quarter last year. 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 will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Monday, March 23rd. Broadcom’s payout ratio is currently 50.78%.

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.