Broadcom Inc. $AVGO is Main Street Research LLC’s 8th Largest Position

Main Street Research LLC cut its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 1.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 205,395 shares of the semiconductor manufacturer’s stock after selling 3,031 shares during the period. Broadcom comprises 4.0% of Main Street Research LLC’s holdings, making the stock its 8th largest position. Main Street Research LLC’s holdings in Broadcom were worth $71,087,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. RHL Group LLC purchased a new stake in Broadcom during the fourth quarter valued at about $734,000. SLT Holdings LLC lifted its position in shares of Broadcom by 2.2% in the fourth quarter. SLT Holdings LLC now owns 11,884 shares of the semiconductor manufacturer’s stock worth $4,113,000 after purchasing an additional 254 shares in the last quarter. Elite Life Management LLC lifted its position in shares of Broadcom by 83.5% in the fourth quarter. Elite Life Management LLC now owns 2,264 shares of the semiconductor manufacturer’s stock worth $754,000 after purchasing an additional 1,030 shares in the last quarter. New Age Alpha Advisors LLC lifted its position in shares of Broadcom by 1.0% in the fourth quarter. New Age Alpha Advisors LLC now owns 130,874 shares of the semiconductor manufacturer’s stock worth $45,295,000 after purchasing an additional 1,283 shares in the last quarter. Finally, HBK Sorce Advisory LLC lifted its position in shares of Broadcom by 1.6% in the fourth quarter. HBK Sorce Advisory LLC now owns 30,015 shares of the semiconductor manufacturer’s stock worth $9,993,000 after purchasing an additional 472 shares in the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Broadcom

In related news, insider S. Ram Velaga sold 38,841 shares of the firm’s 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 $12,491,265.60. Following the transaction, the insider owned 96,147 shares of the company’s stock, valued at approximately $30,920,875.20. This trade represents a 28.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Charlie B. Kawwas sold 39,116 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $321.61, for a total transaction of $12,580,096.76. Following the transaction, the insider directly owned 74,626 shares in the company, valued at approximately $24,000,467.86. The trade was a 34.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 324,282 shares of company stock worth $106,425,249 in the last ninety days. Insiders own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on AVGO shares. Truist Financial increased their price target on shares of Broadcom from $510.00 to $545.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Rosenblatt Securities reissued a “buy” rating and issued a $500.00 price target on shares of Broadcom in a research report on Tuesday, April 7th. JPMorgan Chase & Co. increased their price target on shares of Broadcom from $475.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, March 5th. Royal Bank Of Canada reduced their price target on shares of Broadcom from $370.00 to $340.00 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. Finally, Susquehanna reissued a “positive” rating and issued a $490.00 price target (up from $450.00) on shares of Broadcom in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $454.55.

Broadcom Price Performance

Shares of AVGO opened at $446.77 on Friday. The firm has a market cap of $2.12 trillion, a PE ratio of 87.26, a PEG ratio of 0.88 and a beta of 1.43. The firm’s 50 day moving average price is $383.52 and its 200 day moving average price is $358.56. 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 twelve month low of $234.90 and a twelve month high of $448.90.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.02. The firm 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 38.61%. The company’s revenue for the quarter was up 29.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.60 earnings per share. As a group, research analysts expect that Broadcom Inc. will post 9.91 EPS for the current fiscal year.

Broadcom Dividend Announcement

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

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom continues to be highlighted as a key behind-the-scenes AI winner, with articles arguing its revenue and earnings could more than double between FY25 and FY27 as demand for AI infrastructure remains strong. Best AI Stocks to Buy in June and Hold Forever: AVGO
• Positive Sentiment: Broadcom was also named one of Claude AI’s top stock picks for 2026, reinforcing the market’s view that the company is a leading AI infrastructure play. Broadcom (AVGO) is Among Claude AI’s Top Stock Picks for 2026
• Positive Sentiment: Investor sentiment remains constructive after Broadcom unveiled new edge-AI networking silicon and a Samsung partnership for fixed wireless access, which could expand its footprint in next-gen connectivity. Broadcom’s BCM68850 Boosts AVGO’s Edge AI Push: More Upside Ahead?
• Positive Sentiment: Broadcom was featured in commentary from Jim Cramer and other market-watch articles emphasizing its custom chips for major hyperscalers and its strong long-term positioning in AI infrastructure. Jim Cramer Explains “Why We’ve Stuck With Broadcom”
• Neutral Sentiment: Several pieces noted that AVGO is one of the market’s most watched semiconductor names, with traders focusing on whether the recent rally can continue near resistance and ahead of upcoming earnings. Broadcom Inc. (AVGO) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: There was also some caution around the broader chip sector, with articles warning that the AI/silicon rally may be getting extended and could be vulnerable if growth expectations cool. What If Chip Stocks Aren’t in a Supercycle After All?
• Negative Sentiment: Discovery Capital Management disclosed a sale of 83,200 Broadcom shares, a modest headwind that could signal some profit-taking by a large holder. Discovery Capital Management pares Broadcom stake, sells 83,200 shares

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.