Key Points
- Insider sale: Broadcom insider Charlie Kawwas sold 10,000 shares on April 8 at an average price of $345.23 for about $3.45 million, leaving him with 787,184 shares (a 1.25% reduction in his position, valued at roughly $271.8 million).
- Fundamentals and growth catalysts: Broadcom beat quarterly expectations with $2.05 EPS and $19.31 billion in revenue (up 29.5% YoY) and has secured multi‑year AI chip deals with Google and Anthropic that underpin expectations for durable, high‑margin AI revenue.
- Market view and payout: The stock carries a $1.76 trillion market cap and a PE of 72.55, yields 0.7% via a $0.65 quarterly dividend, and has a consensus analyst rating of "Moderate Buy" with an average price target of $435.30.
Broadcom Inc. (NASDAQ:AVGO - Get Free Report) Director Justine Page sold 2,018 shares of the company's stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $353.00, for a total value of $712,354.00. Following the sale, the director directly owned 18,164 shares in the company, valued at $6,411,892. This trade represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Broadcom Stock Up 4.7%
Shares of AVGO opened at $371.46 on Friday. The stock has a market capitalization of $1.76 trillion, a price-to-earnings ratio of 72.55, a price-to-earnings-growth ratio of 0.74 and a beta of 1.24. Broadcom Inc. has a 1 year low of $161.61 and a 1 year high of $414.61. The business's 50 day simple moving average is $326.18 and its 200-day simple moving average is $343.09. 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 (NASDAQ:AVGO - Get Free Report) last issued its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.02. The business had revenue of $19.31 billion for the quarter, compared to analysts' expectations of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The company's revenue for the quarter was up 29.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.60 EPS. As a group, equities analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.
Broadcom Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom's dividend payout ratio is 50.78%.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the company. Wolfe Research raised Broadcom from a "peer perform" rating to an "outperform" rating and set a $400.00 price objective on the stock in a report on Friday, January 30th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Broadcom in a report on Monday, December 29th. Oppenheimer upped their price objective on Broadcom from $435.00 to $450.00 and gave the stock an "outperform" rating in a report on Friday, December 12th. KeyCorp reissued an "overweight" rating and set a $500.00 target price (up from $460.00) on shares of Broadcom in a research report on Friday, December 12th. Finally, Morgan Stanley increased their price target on Broadcom from $462.00 to $470.00 and gave the company an "overweight" rating in a report on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $435.30.
Check Out Our Latest Stock Analysis on Broadcom
Trending Headlines about Broadcom
Here are the key news stories impacting Broadcom this week:
- Positive Sentiment: Broadcom locked multi‑year AI chip deals with hyperscalers (Google, Anthropic), underpinning expectations for durable, high‑margin AI revenue growth and licensing/accelerator demand. Article Title
- Positive Sentiment: Market writeups credit the Google/Anthropic deals for today’s rally and re‑rate Broadcom as a major AI infrastructure beneficiary vs. peers — coverage notes that Broadcom’s business model (custom accelerators + networking) captures hyperscaler capex. Article Title
- Positive Sentiment: Large investors and well‑known managers appear to be increasing exposure (reports on Israel Englander, Ken Fisher adding AVGO), which supports institutional momentum and can amplify price moves. Article Title
- Neutral Sentiment: Short‑interest data in the April snapshot is effectively meaningless (shows zero/NaN), so it provides no actionable signal about bearish positioning or squeeze risk at present.
- Negative Sentiment: Analyst/framing pushback: Seaport Global downgraded Broadcom and Seaport Research gave a "Neutral" rating, while at least one major bank reset its forecast — these notes reflect concern about industry limits, margins sustainability, or valuation and may cap upside until clarity on deal economics arrives. Article Title Article Title
Hedge Funds Weigh In On Broadcom
Hedge funds have recently bought and sold shares of the business. ROSS JOHNSON & Associates LLC grew its position in Broadcom by 1,320.0% in the 4th quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer's stock valued at $25,000 after acquiring an additional 66 shares during the last quarter. SWAN Capital LLC grew its position in Broadcom by 261.9% in the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 55 shares during the last quarter. Miller Global Investments LLC bought a new position in Broadcom in the 4th quarter valued at $31,000. JCIC Asset Management Inc. bought a new position in Broadcom in the 3rd quarter valued at $31,000. Finally, Nvest Wealth Strategies Inc. bought a new position in Broadcom in the 4th quarter valued at $33,000. Institutional investors own 76.43% of the company's stock.
Broadcom Company Profile
(
Get Free Report)
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.
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