Broadcom Inc. $AVGO is Swiss Life Asset Management Ltd’s 7th Largest Position

Swiss Life Asset Management Ltd boosted its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 2.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,427,112 shares of the semiconductor manufacturer’s stock after purchasing an additional 36,387 shares during the period. Broadcom comprises approximately 2.5% of Swiss Life Asset Management Ltd’s investment portfolio, making the stock its 7th biggest holding. Swiss Life Asset Management Ltd’s holdings in Broadcom were worth $470,819,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Capital Counsel LLC NY acquired a new position in Broadcom during the second quarter worth $221,000. Waterloo Capital L.P. raised its stake in Broadcom by 7.0% in the second quarter. Waterloo Capital L.P. now owns 48,361 shares of the semiconductor manufacturer’s stock valued at $13,331,000 after buying an additional 3,180 shares in the last quarter. Providence First Trust Co lifted its holdings in Broadcom by 1,099.3% during the 3rd quarter. Providence First Trust Co now owns 8,923 shares of the semiconductor manufacturer’s stock worth $2,944,000 after buying an additional 8,179 shares during the last quarter. RiverFront Investment Group LLC increased its holdings in shares of Broadcom by 107.6% in the 2nd quarter. RiverFront Investment Group LLC now owns 16,524 shares of the semiconductor manufacturer’s stock valued at $4,555,000 after acquiring an additional 8,566 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in Broadcom by 3.4% during 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 purchasing an additional 10,786 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Stock Performance

Shares of AVGO opened at $320.40 on Friday. The company has a market capitalization of $1.52 trillion, a price-to-earnings ratio of 62.58, a PEG ratio of 0.68 and a beta of 1.22. 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 Inc. has a 1 year low of $138.10 and a 1 year high of $414.61. The company’s 50 day simple moving average is $331.12 and its 200 day simple moving average is $344.89.

Broadcom (NASDAQ:AVGO) last posted 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. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The business had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $19.10 billion. During the same quarter last year, the firm earned $1.60 earnings per share. The business’s revenue was up 29.5% on a year-over-year basis. On average, sell-side analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Announces Dividend

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

Analyst Upgrades and Downgrades

AVGO has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $430.00 price target on shares of Broadcom and gave the stock a “buy” rating in a research note on Friday, December 12th. Barclays reiterated an “overweight” rating and set a $500.00 target price (up from $450.00) on shares of Broadcom in a research note on Friday, December 12th. Robert W. Baird set a $420.00 price target on Broadcom in a research note on Friday, December 12th. JPMorgan Chase & Co. boosted their price target on shares of Broadcom from $475.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, March 5th. Finally, Oppenheimer lifted their price target on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $435.30.

Insiders Place Their Bets

In related news, CFO Kirsten M. Spears sold 36,292 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $11,671,507.20. Following the completion of the sale, the chief financial officer owned 327,760 shares of the company’s stock, valued at approximately $105,407,616. This represents a 9.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Hock E. Tan sold 100,000 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $345.65, for a total transaction of $34,565,000.00. Following the completion of the transaction, the chief executive officer directly owned 495,638 shares in the company, valued at approximately $171,317,274.70. This represents a 16.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 528,970 shares of company stock worth $177,150,321. 1.90% of the stock is owned by insiders.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q1 strength and upbeat guide — Broadcom reported 29% y/y revenue growth driven by surging AI semiconductor sales and guided for even faster top‑line growth in Q2 as hyperscalers ramp capacity, supporting the growth narrative. Broadcom Stock: Buy, Sell, or Hold?
• Positive Sentiment: Commercialization milestones — Broadcom began production‑volume shipping of the Tomahawk‑6 102.4 Tbps switch (and other 400G optical/AI networking products), which underpins near‑term revenue upside in AI networking. Broadcom Commences Production Volume Shipping of World’s First 102.4 Tbps Switch
• Positive Sentiment: Security product win — Broadcom announced shipping an end‑to‑end post‑quantum (PQC)‑safe, in‑flight network encryption solution (Emulex SecureHBA), a potential differentiator for enterprise customers with compliance/security needs. Broadcom Just Shipped the World’s First Quantum‑Safe Network Encryption
• Positive Sentiment: Hyperscaler validation — Meta publicly confirmed Broadcom as a custom‑chip partner for its MTIA inference roadmap, validating a major recurring customer for inference accelerators. Why Meta’s AI Chip Announcement Has Broadcom Investors Paying Attention
• Neutral Sentiment: Analyst/valuation debate — Some firms have nudged up fair‑value or price targets on AVGO citing AI momentum, while others flag valuation and customer concentration risks; expect two‑sided flows. How The Broadcom (AVGO) Investment Story Is Shifting
• Neutral Sentiment: Institutional/insider activity & congressional interest — Hedge funds and multiple members of Congress have recent disclosed activity in AVGO, which provides directional signals but not immediate fundamental change. Hedge Fund and Insider Trading News
• Negative Sentiment: Clustered insider selling — Several senior executives (including the CFO and other officers) sold sizable blocks on Mar 16–17, reducing holdings materially; clustered sales are pressuring sentiment and creating near‑term downside risk. Kirsten M. Spears Form 4 (SEC)
• Negative Sentiment: Regulatory/contract friction — A European cloud‑industry group urged EU regulators to seek an interim measure over Broadcom’s planned changes to VMware’s CSP program, adding antitrust/regulatory uncertainty. Cloud industry group calls for EU interim measure against Broadcom
• Negative Sentiment: Meta omission of a training chip — Meta’s public MTIA roadmap didn’t include a GenAI training (Olympus) chip, which tempers the upside from the higher‑value training segment and may delay certain revenue streams. Why Meta’s AI Chip Announcement Has Broadcom Investors Paying Attention

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.