Broadcom Inc. $AVGO Stock Position Increased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA increased its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 16.9% in the 4th quarter, Holdings Channel reports. The firm owned 680,944 shares of the semiconductor manufacturer’s stock after buying an additional 98,194 shares during the period. Broadcom accounts for approximately 3.6% of Union Bancaire Privee UBP SA’s holdings, making the stock its 6th biggest position. Union Bancaire Privee UBP SA’s holdings in Broadcom were worth $239,342,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Longfellow Investment Management Co. LLC purchased a new position in shares of Broadcom in the 2nd quarter worth $27,000. Teachers Insurance & Annuity Association of America bought a new position in Broadcom in the second quarter valued at about $28,000. JCIC Asset Management Inc. bought a new position in Broadcom in the third quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new position in Broadcom in the third quarter worth about $34,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Broadcom during the 2nd quarter valued at about $36,000. Institutional investors own 76.43% of the company’s stock.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom began production‑volume shipments of the Tomahawk‑6 102.4 Tbps switch — a commercialization milestone that supports near‑term revenue from AI networking buildouts. Tomahawk‑6 Production Volume Shipping
• Positive Sentiment: Broadcom announced shipping the industry’s first end‑to‑end post‑quantum‑cryptography (PQC) safe, in‑flight network encryption solution — a product win that can expand enterprise networking addressable market. PQC Network Encryption Shipping
• Positive Sentiment: Quarterly results and commentary point to heavy AI-driven demand (semiconductor AI revenue up materially and hyperscaler ramps) and management guidance implying faster top‑line growth into Q2 — a tailwind for earnings expectations. Q1 Results & Guidance
• Positive Sentiment: Public confirmation of a custom‑chip relationship with Meta (MTIA) and new optical/400G products strengthen Broadcom’s positioning in hyperscaler AI networking and XPU ecosystems. Meta MTIA & Optical Tech
• Neutral Sentiment: Analyst reaction is mixed — several price‑target raises and bullish notes coexist with critical takes; consensus remains a “Moderate Buy” but creates two‑way trading pressure. Analyst Activity
• Negative Sentiment: Clustered insider selling: multiple executives (including CFO Kirsten Spears and other officers) sold large blocks on March 16–17, which can sap investor confidence and pressure the tape short‑term. Kirsten M. Spears Form 4 (SEC)
• Negative Sentiment: Cloud industry group has petitioned EU regulators for an interim measure over Broadcom’s changes to VMware programs, raising regulatory/legal uncertainty in Europe around its software franchise. EU Interim Measure Request (Reuters)
• Negative Sentiment: Technical downside risk: chart analysts flag a nine‑week symmetrical triangle with a potential breakdown and growing bearish momentum — this can amplify selling if key supports fail. Technical Breakdown Signal

Insider Activity

In related news, insider S. Ram Velaga sold 38,841 shares of the firm’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 completion of the transaction, the insider directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Charlie B. Kawwas sold 39,116 shares of Broadcom stock in a transaction 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 completion of the sale, the insider owned 74,626 shares in the company, valued at approximately $24,000,467.86. This represents a 34.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 528,970 shares of company stock valued at $177,150,321. Company insiders own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Mizuho set a $480.00 price objective on shares of Broadcom and gave the stock an “outperform” rating in a research note on Friday, January 9th. Bank of America cut their target price on shares of Broadcom from $500.00 to $450.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $475.00 target price (up from $400.00) on shares of Broadcom in a report on Friday, December 12th. Zacks Research downgraded shares of Broadcom from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. Finally, TD Cowen reissued a “buy” rating on shares of Broadcom in a research report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $435.30.

Broadcom Trading Down 2.9%

Shares of AVGO stock opened at $310.51 on Friday. 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 fifty day simple moving average of $330.43 and a two-hundred day simple moving average of $344.98. The firm has a market capitalization of $1.47 trillion, a PE ratio of 60.65, a PEG ratio of 0.69 and a beta of 1.22. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $414.61.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data 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. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The firm had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same quarter in the prior year, the company posted $1.60 earnings per share. The business’s quarterly revenue was up 29.5% compared to the same quarter last year. On average, analysts predict that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be issued 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 dividend payout ratio (DPR) is 50.78%.

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.