Broadcom Inc. $AVGO Shares Acquired by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. raised its position in Broadcom Inc. (NASDAQ:AVGO) by 21.7% during the third quarter, Holdings Channel reports. The firm owned 126,835 shares of the semiconductor manufacturer’s stock after purchasing an additional 22,626 shares during the period. Broadcom comprises 2.7% of Mufg Securities Americas Inc.’s portfolio, making the stock its 6th largest holding. Mufg Securities Americas Inc.’s holdings in Broadcom were worth $41,844,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Broadcom by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock worth $133,261,046,000 after acquiring an additional 6,222,802 shares during the period. State Street Corp boosted its position in shares of Broadcom by 0.5% during the 2nd quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock valued at $51,071,601,000 after purchasing an additional 873,963 shares in the last quarter. Geode Capital Management LLC grew its stake in Broadcom by 2.1% during the second quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock worth $29,827,649,000 after purchasing an additional 2,226,585 shares during the period. Norges Bank acquired a new stake in Broadcom during the second quarter worth approximately $18,579,549,000. Finally, Invesco Ltd. increased its holdings in Broadcom by 8.4% in the second quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock worth $10,598,641,000 after purchasing an additional 2,978,768 shares in the last quarter. 76.43% of the stock is owned by institutional investors.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: New product catalyst — Broadcom introduced its BroadPeak connectivity chip targeting 5G Advanced and 6G with ~40% lower power use; company forecasts AI revenue to double and strong semiconductor growth, which supports longer-term revenue upside. Read More.
• Positive Sentiment: Analyst upgrades — Zacks moved AVGO to a Buy (Rank #2), reflecting rising optimism on earnings prospects that can help demand for the shares ahead of results. Read More.
• Positive Sentiment: Wall Street bullishness — Analysts’ consensus price targets imply substantial upside (reports show ~30–35% potential), keeping a favorable institutional bias into earnings. Read More.
• Positive Sentiment: Institutional interest — Notable funds (including ARK) added shares and some firms raised estimates, signaling continued investor conviction in AVGO’s AI exposure and growth runway. Read More.
• Neutral Sentiment: Earnings preview — Multiple previews expect Broadcom to meet/beat revenue and EPS estimates, but markets will key on Q2 guidance, gross-margin trajectory and management commentary on AI mix. Upcoming report is the immediate catalyst to watch. Read More.
• Neutral Sentiment: Options positioning — Some traders recommend covered-put or other income strategies into the quarter, indicating cautious, income-focused positioning rather than outright directional conviction. Read More.
• Negative Sentiment: Analyst target trim — Citi reduced its price target (from $480 to $458) despite keeping a Buy, a modest signal that some sell?side desks are tempering upside after recent guidance and margin discussion. Read More.
• Negative Sentiment: Near-term weakness & margin concerns — Recent coverage notes share declines and investor worry about gross-margin pressure from a faster-growing, lower?margin AI mix; that uncertainty is pressuring the stock into earnings. Read More.

Insider Buying and Selling at Broadcom

In other Broadcom news, CEO Hock E. Tan sold 130,000 shares of the business’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $326.02, for a total transaction of $42,382,600.00. Following the sale, the chief executive officer owned 595,638 shares of the company’s stock, valued at $194,189,900.76. The trade was a 17.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Kirsten M. Spears sold 30,000 shares of the stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total value of $10,434,600.00. Following the sale, the chief financial officer owned 277,237 shares in the company, valued at approximately $96,428,573.34. This represents a 9.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 779,101 shares of company stock worth $283,804,325 over the last three months. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. TD Cowen restated a “buy” rating on shares of Broadcom in a report on Friday, December 12th. Citigroup reissued a “buy” rating and set a $458.00 target price (down from $480.00) on shares of Broadcom in a research note on Tuesday, February 17th. Barclays restated an “overweight” rating and issued a $500.00 price target (up from $450.00) on shares of Broadcom in a report on Friday, December 12th. Susquehanna reiterated a “positive” rating and set a $450.00 price objective (up from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Finally, Raymond James Financial set a $420.00 price objective on shares of Broadcom and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $433.13.

Broadcom Trading Down 1.5%

Shares of Broadcom stock opened at $325.49 on Wednesday. The company has a market capitalization of $1.54 trillion, a P/E ratio of 68.38, a price-to-earnings-growth ratio of 1.06 and a beta of 1.21. The stock has a fifty day simple moving average of $336.79 and a 200 day simple moving average of $342.42. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.08. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $17.46 billion. During the same period last year, the firm earned $1.42 earnings per share. The firm’s revenue was up 28.2% on a year-over-year basis. On average, sell-side analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a $0.65 dividend. This is an increase from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $2.60 annualized dividend and a yield of 0.8%. Broadcom’s payout ratio is 54.62%.

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.