Aptus Capital Advisors LLC Has $101.88 Million Stake in Broadcom Inc. $AVGO

Aptus Capital Advisors LLC lifted its stake in Broadcom Inc. (NASDAQ:AVGO) by 0.9% in the third quarter, HoldingsChannel.com reports. The firm owned 308,806 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,778 shares during the quarter. Broadcom comprises 0.7% of Aptus Capital Advisors LLC’s investment portfolio, making the stock its 28th largest position. Aptus Capital Advisors LLC’s holdings in Broadcom were worth $101,878,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of AVGO. Palo Alto Wealth Advisors LLC boosted its position in Broadcom by 87.9% in the 3rd quarter. Palo Alto Wealth Advisors LLC now owns 5,331 shares of the semiconductor manufacturer’s stock valued at $1,876,000 after buying an additional 2,494 shares during the last quarter. Walled Lake Planning & Wealth Management LLC lifted its stake in shares of Broadcom by 9.8% during the third quarter. Walled Lake Planning & Wealth Management LLC now owns 4,044 shares of the semiconductor manufacturer’s stock valued at $1,334,000 after acquiring an additional 362 shares during the period. Integrity Advisory Solutions LLC bought a new position in Broadcom in the third quarter valued at about $1,527,000. One Wealth Capital Management LLC boosted its holdings in Broadcom by 25.7% in the third quarter. One Wealth Capital Management LLC now owns 16,094 shares of the semiconductor manufacturer’s stock valued at $5,310,000 after acquiring an additional 3,292 shares during the last quarter. Finally, Smith Moore & CO. increased its position in Broadcom by 10.3% in the third quarter. Smith Moore & CO. now owns 8,990 shares of the semiconductor manufacturer’s stock worth $2,966,000 after purchasing an additional 837 shares during the period. Institutional investors own 76.43% of the company’s stock.

Insider Buying and Selling

In related news, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction that occurred 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 of the company’s stock, valued at approximately $96,428,573.34. This trade represents a 9.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Harry L. You bought 1,000 shares of the business’s stock in a transaction on Thursday, December 18th. The stock was purchased at an average price of $325.13 per share, for a total transaction of $325,130.00. Following the purchase, the director directly owned 36,602 shares in the company, valued at approximately $11,900,408.26. This represents a 2.81% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders sold 779,101 shares of company stock valued at $283,804,325. Corporate insiders own 2.00% of the company’s stock.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 results beat expectations: revenue $19.31B (+29.5% YoY) and adjusted EPS $2.05, with AI semiconductor sales more than doubling to $8.4B — the core driver cited on the call. This beat + margin stability reassured investors. Broadcom’s Blowout Quarter Just Made the Bears Look Foolish
• Positive Sentiment: Very strong forward guide: Broadcom guided Q2 revenue to about $22.0B (well above consensus) and expects AI semiconductor revenue to accelerate to ~$10.7B, signaling continued high single-digit/huge YoY growth in AI exposure. Broadcom forecasts second-quarter revenue above estimates
• Positive Sentiment: Management bullish on AI TAM: CEO Hock Tan said AI chip sales could be “significantly in excess of $100 billion” in 2027 and confirmed memory supply visibility through 2028 — a statement that supports multi-year demand assumptions. Broadcom stock rallies as CEO Tan makes strong case for why AI growth will last
• Positive Sentiment: $10B buyback announced and continued healthy cash flow — lowers share count risk and supports earnings per share. This is an explicit capital-return action that typically supports the share price. PR Newswire: Broadcom Q1 results & buyback
• Positive Sentiment: Analyst enthusiasm: multiple firms raised price targets and reiterated buy/overweight ratings after the print (examples: JPMorgan, Citigroup, Truist, Rosenblatt), signaling growing buy-side conviction. Benzinga (analyst note roundup)
• Neutral Sentiment: Product progress: Broadcom said it has begun shipping a 2nm custom compute SoC on its 3.5D XDSiP platform — positive for technology leadership but a longer-term revenue story. Broadcom Ships 3.5D Face-To-Face Compute SoC
• Neutral Sentiment: Market noise items (short-interest entries here appear to contain errors/zeros) and some analyst target dispersion — watch for churn in headlines but these are less likely to move the stock than the earnings/guidance. TipRanks earnings call recap
• Negative Sentiment: Policy risk: reports that U.S. export rules for AI chips could tighten introduce geopolitical/regulatory downside that could constrain sales outside the U.S. or complicate supply chains. This is an industry-level overhang that can pressure high-PE semiconductor names. New Export Rules Could Be Coming for AI Chipmakers’ Sales
• Negative Sentiment: Enterprise software softness: Broadcom’s infrastructure software (notably VMware-related) showed only ~1% YoY growth this quarter — a drag on overall growth and a reminder that not all segments are benefitting equally from AI momentum. WSJ: Broadcom’s AI Business Is Booming. The Rest Is Complicated.

Analyst Ratings Changes

AVGO has been the topic of a number of research reports. Bank of America cut their target price on shares of Broadcom from $500.00 to $450.00 and set a “buy” rating on the stock in a research report on Thursday. Barclays restated an “overweight” rating and issued a $500.00 price objective (up from $450.00) on shares of Broadcom in a report on Friday, December 12th. Oppenheimer upped their target price on shares of Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. DA Davidson raised Broadcom to a “hold” rating in a research note on Friday, February 13th. Finally, Mizuho set a $480.00 price objective on Broadcom and gave the stock an “outperform” rating in a research note on Friday, January 9th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $435.03.

Broadcom Stock Up 4.9%

Broadcom stock opened at $332.97 on Friday. The company has a 50 day moving average of $334.17 and a 200-day moving average of $342.61. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 0.76. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. The stock has a market capitalization of $1.58 trillion, a PE ratio of 65.03, a price-to-earnings-growth ratio of 1.02 and a beta of 1.22.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.02. The business had revenue of $19.31 billion for the quarter, compared to analyst estimates of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 39.28%. The firm’s quarterly revenue was up 29.5% on a year-over-year basis. During the same period last year, the business posted $1.60 earnings per share. On average, equities research analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio is presently 50.78%.

Broadcom Company Profile

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.