4,481 Shares in Broadcom Inc. $AVGO Bought by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management bought a new position in Broadcom Inc. (NASDAQ:AVGO) during the fourth quarter, HoldingsChannel reports. The firm bought 4,481 shares of the semiconductor manufacturer’s stock, valued at approximately $1,551,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Miller Global Investments LLC purchased a new stake in Broadcom in the 4th quarter valued at $31,000. Nvest Wealth Strategies Inc. purchased a new stake in Broadcom in the 4th quarter valued at $33,000. Family CFO Inc purchased a new stake in Broadcom in the 4th quarter valued at $35,000. PayPay Securities Corp raised its position in Broadcom by 88.9% in the 4th quarter. PayPay Securities Corp now owns 119 shares of the semiconductor manufacturer’s stock valued at $41,000 after buying an additional 56 shares during the last quarter. Finally, Camelot Portfolios LLC purchased a new stake in Broadcom in the 4th quarter valued at $45,000. 76.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Broadcom

In other news, insider Charlie B. Kawwas sold 39,116 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.61, for a total transaction of $12,580,096.76. Following the completion of the transaction, the insider owned 74,626 shares in the company, valued at approximately $24,000,467.86. This represents a 34.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark David Brazeal sold 50,488 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $16,236,940.80. Following the transaction, the insider owned 278,141 shares of the company’s stock, valued at $89,450,145.60. The trade was a 15.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 324,282 shares of company stock worth $106,425,249 over the last 90 days. 1.90% of the stock is owned by insiders.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom unveiled the industry’s first integrated Wi‑Fi 8 SoCs for mesh and multi-gigabit routers, extending its leadership in home networking chips and strengthening its position in a key growth market. Article Title
• Positive Sentiment: The company also launched the BCM68850, a 50G PON home gateway SoC with an integrated neural processor and Wi‑Fi 8 support, highlighting Broadcom’s push into edge AI and residential broadband infrastructure. Article Title
• Positive Sentiment: Broadcom’s collaboration with Samsung on a 5G and Wi‑Fi 8 fixed wireless access platform suggests expanding design wins and could support future revenue growth in broadband connectivity. Article Title
• Neutral Sentiment: Analysts continue to rate Broadcom a “Moderate Buy,” which supports a constructive but not dramatically changed view of the stock. Article Title
• Neutral Sentiment: Some market commentary is shifting investor focus toward Qualcomm’s new AI chip deal and broader semiconductor AI winners, which may temporarily distract from Broadcom’s momentum in the AI infrastructure trade. Article Title

Broadcom Stock Down 0.0%

Shares of NASDAQ:AVGO opened at $421.86 on Thursday. The company has a market capitalization of $2.00 trillion, a PE ratio of 82.39, a price-to-earnings-growth ratio of 0.87 and a beta of 1.43. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73. The business has a fifty day moving average price of $378.80 and a two-hundred day moving average price of $357.40. Broadcom Inc. has a 1 year low of $234.43 and a 1 year high of $442.36.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.02. The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The business’s revenue for the quarter was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.60 EPS. Analysts forecast that Broadcom Inc. will post 9.91 earnings per share for the current year.

Broadcom Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were paid a dividend of $0.65 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. Broadcom’s dividend payout ratio is presently 50.78%.

Analyst Ratings Changes

A number of equities research analysts recently commented on AVGO shares. Seaport Research Partners reissued a “neutral” rating on shares of Broadcom in a research report on Wednesday, April 8th. Morgan Stanley increased their price target on Broadcom from $462.00 to $470.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Citigroup reissued a “buy” rating and issued a $500.00 price target (up from $475.00) on shares of Broadcom in a research report on Tuesday, May 12th. Benchmark reissued a “buy” rating and issued a $485.00 price target on shares of Broadcom in a research report on Thursday, March 5th. Finally, UBS Group reissued a “buy” rating and issued a $490.00 price target (up from $475.00) on shares of Broadcom in a research report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Broadcom has a consensus rating of “Moderate Buy” and an average price target of $453.17.

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.