Broadcom Inc. $AVGO Shares Purchased by Sands Capital Management LLC

Sands Capital Management LLC raised its position in Broadcom Inc. (NASDAQ:AVGO) by 11.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,060,624 shares of the semiconductor manufacturer’s stock after purchasing an additional 217,297 shares during the quarter. Broadcom comprises approximately 1.9% of Sands Capital Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Sands Capital Management LLC’s holdings in Broadcom were worth $679,820,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Arthur M. Cohen & Associates LLC boosted its position in Broadcom by 0.6% during the 3rd quarter. Arthur M. Cohen & Associates LLC now owns 4,781 shares of the semiconductor manufacturer’s stock worth $1,577,000 after acquiring an additional 30 shares during the period. Jackson Hole Capital Partners LLC lifted its holdings in Broadcom by 1.4% in the third quarter. Jackson Hole Capital Partners LLC now owns 2,170 shares of the semiconductor manufacturer’s stock worth $716,000 after purchasing an additional 30 shares during the period. Private Wealth Partners LLC grew its position in Broadcom by 0.7% in the 3rd quarter. Private Wealth Partners LLC now owns 4,273 shares of the semiconductor manufacturer’s stock valued at $1,410,000 after buying an additional 30 shares in the last quarter. Planning Alternatives Ltd. ADV increased its stake in Broadcom by 1.4% during the 3rd quarter. Planning Alternatives Ltd. ADV now owns 2,168 shares of the semiconductor manufacturer’s stock valued at $715,000 after buying an additional 30 shares during the period. Finally, McHugh Group LLC increased its stake in Broadcom by 0.4% during the 3rd quarter. McHugh Group LLC now owns 8,433 shares of the semiconductor manufacturer’s stock valued at $2,782,000 after buying an additional 31 shares during the period. 76.43% of the stock is owned by institutional investors.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Analyst upgrade lifted the stock after a visible upgrade pushed buy interest and momentum. Broadcom Trading Up 4.6% Following Analyst Upgrade
• Positive Sentiment: RBC Capital Markets raised its price target and pointed to bullish FY27 commentary from Broadcom, reinforcing analyst confidence in the company’s AI revenue outlook. RBC Lifts Price Target
• Positive Sentiment: MarketBeat highlights Broadcom’s updated guidance and management comment that the company now sees line‑of‑sight to >$100B in AI chip revenue in 2027 — a major bullish catalyst for growth expectations and analyst price targets. Broadcom Eyes $100 Billion in AI Revenue
• Positive Sentiment: Several investment writeups (The Motley Fool, Zacks, Seeking Alpha) reiterate Broadcom as a top AI/custom‑silicon growth play, adding retail and institutional interest. These thematic buy arguments support higher valuation multiples. Fool: 3 Unstoppable AI Stocks
• Positive Sentiment: Sector peer strength: Marvell’s strong beat-and-raise and upgraded multi‑year guidance suggest the custom‑chip market is accelerating — a positive signal for Broadcom’s end markets and customer demand. Marvell’s Big Earnings Win
• Neutral Sentiment: Some data feeds show odd/erroneous short‑interest metrics (zero shares / NaN changes). That makes short‑interest signals unreliable in the near term. (Monitor for corrected filings.)
• Neutral Sentiment: Broad perspective pieces from Zacks and MarketBeat reiterate growth credentials and updated analyst targets; useful context but not new company‑level catalysts. Zacks: Top‑Ranked Growth Stock
• Negative Sentiment: Risk: management’s earlier comments about margin dilution from “systems” sales and rising memory costs remain potential downside if Broadcom can’t fully offset dilution (MarketBeat notes pricing to Anthropic may be helping, but the risk persists). Margin & Memory‑Price Risk

Broadcom Trading Down 0.9%

Shares of NASDAQ:AVGO opened at $342.58 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. The stock has a market capitalization of $1.62 trillion, a price-to-earnings ratio of 66.91, a PEG ratio of 0.79 and a beta of 1.22. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The company has a 50 day moving average price of $333.53 and a 200 day moving average price of $344.23.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.02. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The company had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $19.10 billion. During the same quarter in the prior year, the company earned $1.60 earnings per share. The firm’s revenue was up 29.5% on a year-over-year basis. On average, research analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s payout ratio is 50.78%.

Insider Buying and Selling at Broadcom

In related news, CEO Hock E. Tan sold 70,000 shares of the stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total value of $24,311,000.00. Following the completion of the transaction, the chief executive officer owned 132,836 shares in the company, valued at $46,133,942.80. This trade represents a 34.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Charlie B. Kawwas sold 1,928 shares of the stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $327.80, for a total value of $631,998.40. Following the completion of the transaction, the insider owned 23,582 shares of the company’s stock, valued at $7,730,179.60. This trade represents a 7.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 458,785 shares of company stock valued at $155,508,157 over the last 90 days. 1.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AVGO. Truist Financial increased their price objective on shares of Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft set a $430.00 price target on Broadcom and gave the company a “buy” rating in a research note on Friday, December 12th. Citigroup boosted their price objective on Broadcom from $458.00 to $475.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 price objective on shares of Broadcom in a report on Monday, January 5th. Finally, Rosenblatt Securities raised their target price on Broadcom from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $435.30.

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.