Fifth Third Wealth Advisors LLC lifted its position in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,743 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,825 shares during the quarter. Broadcom makes up approximately 1.6% of Fifth Third Wealth Advisors LLC’s portfolio, making the stock its 11th largest position. Fifth Third Wealth Advisors LLC’s holdings in Broadcom were worth $44,212,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in AVGO. Archford Capital Strategies LLC lifted its position in shares of Broadcom by 2.6% during the fourth quarter. Archford Capital Strategies LLC now owns 39,769 shares of the semiconductor manufacturer’s stock valued at $13,764,000 after purchasing an additional 1,024 shares in the last quarter. Shrier Wealth Management LLC purchased a new position in Broadcom during the fourth quarter worth about $558,000. Xena Financial Planning LLC bought a new stake in Broadcom in the 4th quarter worth about $281,000. Dock Street Asset Management Inc. increased its stake in Broadcom by 2.0% in the 4th quarter. Dock Street Asset Management Inc. now owns 78,975 shares of the semiconductor manufacturer’s stock valued at $27,333,000 after buying an additional 1,576 shares during the last quarter. Finally, Shum Financial Group Inc. increased its stake in Broadcom by 63.0% in the 4th quarter. Shum Financial Group Inc. now owns 2,724 shares of the semiconductor manufacturer’s stock valued at $943,000 after buying an additional 1,053 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.
Broadcom News Roundup
Here are the key news stories impacting Broadcom this week:
- Positive Sentiment: Five‑year, $970M blanket purchase agreement with the Defense Information Systems Agency (DISA) via partner Carahsoft boosts recurring software/government revenue visibility and demonstrates Broadcom’s traction in public‑sector contracts. Broadcom (AVGO) and Carahsoft Announce $970M BPA with DISA
- Positive Sentiment: Appointment of Alphabet finance executive Amie Thuener as CFO (effective June 12) is framed as a governance/operational positive — adds Big Tech financial experience as Broadcom scales its AI chip and software businesses. Broadcom taps Alphabet executive Amie Thuener as next CFO
- Positive Sentiment: High‑profile investor support: reports that Ray Dalio remains bullish on Broadcom add institutional endorsement to the AI/software growth narrative. Broadcom Inc. (AVGO): Billionaire Ray Dalio Continues to Be Bullish
- Neutral Sentiment: Analyst and market commentary continues to emphasize Broadcom’s AI upside and long‑term moat, while noting the story is still early — supportive for sentiment but reliant on execution and product ramp. Broadcom’s AI Story Is Still Early
- Negative Sentiment: Broker downgrade: Erste Group cut AVGO from “buy” to “hold,” which can pressure flows and investor conviction in the near term. Finviz / coverage note
- Negative Sentiment: Insider selling: co‑founder Henry Samueli disclosed a record sale, drawing attention and potentially heightening investor caution about timing and valuation. What Henry Samueli’s Record Broadcom Sale Signals For AVGO Shareholders
- Negative Sentiment: Macro/sector risk: recent chip‑stock selloff tied to geopolitical tensions (Iran conflict, supply‑chain concerns) and a post‑earnings pullback (Zacks notes a ~5.5% decline since results) weigh on short‑term performance. Nvidia, Broadcom Drop as Chip Stocks Sell Off. Why War Is Hitting Them So Hard.
Wall Street Analyst Weigh In
View Our Latest Research Report on Broadcom
Broadcom Stock Performance
Shares of Broadcom stock opened at $314.55 on Friday. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61. The stock’s 50-day simple moving average is $324.73 and its 200 day simple moving average is $343.04. The stock has a market capitalization of $1.49 trillion, a P/E ratio of 61.44, a P/E/G ratio of 0.67 and a beta of 1.24. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90.
Broadcom (NASDAQ:AVGO – Get Free Report) last issued its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.02. The firm had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The company’s quarterly revenue was up 29.5% on a year-over-year basis. During the same quarter last year, the business earned $1.60 earnings per share. As a group, research analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current year.
Broadcom Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were issued a $0.65 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.60 annualized dividend and a yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is 50.78%.
Insider Buying and Selling
In related news, CFO Kirsten M. Spears sold 36,292 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 $11,671,507.20. Following the completion of the transaction, the chief financial officer directly owned 327,760 shares in the company, valued at approximately $105,407,616. The trade was a 9.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider S. Ram Velaga sold 38,841 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $12,491,265.60. Following the sale, the insider directly owned 96,147 shares in the company, valued at $30,920,875.20. The trade was a 28.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 373,049 shares of company stock worth $123,024,715 in the last 90 days. 1.90% of the stock is currently owned by company insiders.
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.
Further Reading
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