Broadcom Inc. $AVGO Shares Sold by Yarbrough Capital LLC

Yarbrough Capital LLC lowered its position in Broadcom Inc. (NASDAQ:AVGO) by 2.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 286,905 shares of the semiconductor manufacturer’s stock after selling 8,598 shares during the quarter. Broadcom makes up approximately 3.1% of Yarbrough Capital LLC’s holdings, making the stock its 8th largest holding. Yarbrough Capital LLC’s holdings in Broadcom were worth $99,298,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Providence First Trust Co boosted its holdings in Broadcom by 1,099.3% in the third quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer’s stock worth $2,944,000 after purchasing an additional 8,179 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Broadcom by 3.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 323,587 shares of the semiconductor manufacturer’s stock worth $109,492,000 after buying an additional 10,786 shares during the last quarter. Lmcg Investments LLC boosted its stake in shares of Broadcom by 9.4% during the 3rd quarter. Lmcg Investments LLC now owns 38,961 shares of the semiconductor manufacturer’s stock worth $12,854,000 after acquiring an additional 3,357 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Broadcom by 13.3% during the 2nd quarter. AQR Capital Management LLC now owns 3,877,709 shares of the semiconductor manufacturer’s stock worth $1,063,501,000 after acquiring an additional 455,851 shares in the last quarter. Finally, Wright Investors Service Inc. increased its holdings in shares of Broadcom by 5.4% during the 3rd quarter. Wright Investors Service Inc. now owns 42,159 shares of the semiconductor manufacturer’s stock valued at $13,909,000 after acquiring an additional 2,178 shares during the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom named Alphabet/Google finance executive Amie Thuener as its next CFO, a hire management says brings deep technology and finance experience to support Broadcom’s aggressive AI-chip revenue push; investors view this as strengthening the leadership team ahead of scale-up. Broadcom taps Alphabet executive Amie Thuener as next CFO
• Positive Sentiment: Broadcom landed a roughly $970M DISA deal and continues to book AI-related contracts that support management’s $100B AI revenue narrative — a catalyst for durable top?line growth in custom AI silicon and infrastructure. What Broadcom (AVGO)’s AI Surge and US$970 Million DISA Deal Means For Shareholders
• Positive Sentiment: Prominent investors remain bullish (Ray Dalio highlighted Broadcom), and many sell?side analysts still rate AVGO a buy — supporting demand for the shares despite recent pullbacks. Broadcom Inc. (AVGO): Billionaire Ray Dalio continues to be bullish
• Neutral Sentiment: Multiple analysts/commentaries emphasize Broadcom’s AI opportunity is still early and evolving — positive for long?term thesis but signals more execution risk and cadence variability near term. Broadcom’s AI Story Is Still Early
• Neutral Sentiment: Product and strategy moves (e.g., Symantec CBX security platform) diversify revenue but are less likely to move the stock immediately compared with big AI wins. Broadcom Inc. (AVGO) Unveils Symantec CBX for Enterprise-Grade Network Security
• Negative Sentiment: Erste Group downgraded AVGO from buy to hold, a near?term negative that can prompt profit?taking from momentum investors. Finviz (rating note)
• Negative Sentiment: Insider selling by co?founder Henry Samueli (reported large sale) and broader margin/gross?margin concern stories have raised caution among some holders. What Henry Samueli’s Record Broadcom Sale Signals For AVGO Shareholders
• Negative Sentiment: Geopolitical/supply?chain worries tied to the Iran conflict have pressured chip stocks broadly and weighed on AVGO in recent sessions. Nvidia, Broadcom Drop as Chip Stocks Sell Off. Why War Is Hitting Them So Hard.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Wall Street Zen upgraded Broadcom from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Wolfe Research raised shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price target on the stock in a research report on Friday, January 30th. Barclays restated an “overweight” rating and issued a $500.00 price objective (up from $450.00) on shares of Broadcom in a research note on Friday, December 12th. Erste Group Bank lowered shares of Broadcom from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Broadcom in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $435.30.

Insider Buying and Selling at Broadcom

In related news, insider Mark David Brazeal sold 50,488 shares of Broadcom stock in a transaction dated 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 sale, the insider directly owned 278,141 shares of the company’s stock, 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 Securities & Exchange Commission, which is available through this hyperlink. Also, insider Charlie B. Kawwas sold 39,116 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $321.61, for a total value of $12,580,096.76. Following the transaction, the insider owned 74,626 shares in the company, valued at $24,000,467.86. This represents a 34.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 373,049 shares of company stock valued at $123,024,715 over the last quarter. Company insiders own 1.90% of the company’s stock.

Broadcom Stock Up 0.3%

AVGO opened at $314.55 on Friday. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. 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 stock has a market capitalization of $1.49 trillion, a price-to-earnings ratio of 61.44, a P/E/G ratio of 0.67 and a beta of 1.24. The business has a 50 day moving average of $324.84 and a 200-day moving average of $343.50.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings results 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 firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same period in the prior year, the firm earned $1.60 EPS. The business’s revenue was up 29.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, March 23rd. Broadcom’s dividend payout ratio (DPR) is presently 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.