Midwest Financial Partners Investments Inc. Makes New $571,000 Investment in Broadcom Inc. $AVGO

Midwest Financial Partners Investments Inc. bought a new position in shares of Broadcom Inc. (NASDAQ:AVGO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,649 shares of the semiconductor manufacturer’s stock, valued at approximately $571,000.

Several other hedge funds have also recently modified their holdings of the company. Miller Global Investments LLC purchased a new stake in shares of Broadcom during the 4th quarter worth approximately $31,000. Nvest Wealth Strategies Inc. purchased a new stake in shares of Broadcom during the 4th quarter worth approximately $33,000. Family CFO Inc purchased a new stake in shares of Broadcom during the 4th quarter worth approximately $35,000. PayPay Securities Corp increased its stake in shares of Broadcom by 88.9% during the 4th quarter. PayPay Securities Corp now owns 119 shares of the semiconductor manufacturer’s stock worth $41,000 after purchasing an additional 56 shares during the last quarter. Finally, Camelot Portfolios LLC purchased a new stake in shares of Broadcom during the 4th quarter worth approximately $45,000. Institutional investors own 76.43% of the company’s stock.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom unveiled the industry’s first end-to-end 50G PON edge AI portfolio, led by the BCM68850 home gateway SoC with an integrated NPU and native Wi?Fi 8 support, underscoring demand for its AI-enabled networking products. Article Title
• Positive Sentiment: Several articles highlighted Broadcom as a major beneficiary of AI infrastructure spending, with commentary pointing to strong custom silicon partnerships and growing confidence that hyperscalers will keep outsourcing specialized chips to AVGO. Article Title
• Positive Sentiment: Investor attention also turned to Broadcom after reports that billionaire Stanley Druckenmiller sold other AI names and bought Broadcom instead, a sentiment signal that can encourage more buying. Article Title
• Positive Sentiment: Broadcom was repeatedly framed as a core AI networking winner, with commentary suggesting the market is rewarding companies tied to the AI chip and infrastructure cycle. Article Title
• Neutral Sentiment: Analyst-style coverage ahead of Broadcom’s next earnings report is keeping attention on results and management commentary, but this is more of a watch item than an immediate stock driver. Article Title
• Neutral Sentiment: One commentary piece suggested Broadcom could have further upside if AI infrastructure demand keeps accelerating, but this was largely a valuation and price-target discussion rather than new company-specific news. Article Title

Broadcom Stock Up 1.9%

Broadcom stock opened at $422.01 on Wednesday. Broadcom Inc. has a 1-year low of $231.13 and a 1-year high of $442.36. The firm has a market capitalization of $2.00 trillion, a price-to-earnings ratio of 82.42, a P/E/G ratio of 0.86 and a beta of 1.43. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80. The firm has a 50 day simple moving average of $376.86 and a 200 day simple moving average of $356.93.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.02. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The business had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same period in the previous year, the business earned $1.60 EPS. Broadcom’s revenue was up 29.5% compared to the same quarter last year. On average, analysts predict that Broadcom Inc. will post 9.91 earnings per share for the current year.

Broadcom Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Monday, March 23rd. Broadcom’s payout ratio is currently 50.78%.

Insider Buying and Selling at Broadcom

In related news, insider Mark David Brazeal sold 50,488 shares of Broadcom stock in a transaction that occurred 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 transaction, the insider directly owned 278,141 shares in the company, valued at approximately $89,450,145.60. The trade was a 15.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Charlie B. Kawwas sold 39,116 shares of Broadcom stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $321.61, for a total transaction of $12,580,096.76. Following the completion of the transaction, the insider owned 74,626 shares of the company’s stock, valued at $24,000,467.86. This represents a 34.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 324,282 shares of company stock valued at $106,425,249 over the last 90 days. 1.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AVGO shares. Rosenblatt Securities restated a “buy” rating and set a $500.00 price target on shares of Broadcom in a research note on Tuesday, April 7th. Citigroup restated a “buy” rating and set a $500.00 price target (up from $475.00) on shares of Broadcom in a research note on Tuesday, May 12th. Royal Bank Of Canada decreased their price target on shares of Broadcom from $370.00 to $340.00 and set a “sector perform” rating for the company in a research note on Monday, March 2nd. Wells Fargo & Company restated an “overweight” rating and set a $545.00 price target (up from $430.00) on shares of Broadcom in a research note on Thursday, May 14th. Finally, Zacks Research lowered shares of Broadcom from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Broadcom currently has an average rating of “Moderate Buy” and an average target price of $448.10.

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.