Worth Asset Management LLC Boosts Holdings in Broadcom Inc. $AVGO

Worth Asset Management LLC increased its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 126.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,230 shares of the semiconductor manufacturer’s stock after buying an additional 3,479 shares during the quarter. Broadcom comprises approximately 0.9% of Worth Asset Management LLC’s portfolio, making the stock its 26th largest position. Worth Asset Management LLC’s holdings in Broadcom were worth $2,156,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America acquired a new position in shares of Broadcom in the 2nd quarter valued at $28,000. JCIC Asset Management Inc. acquired a new stake in shares of Broadcom during the 3rd quarter worth about $31,000. Miller Global Investments LLC purchased a new stake in Broadcom in the 4th quarter valued at about $31,000. Manning & Napier Advisors LLC acquired a new position in Broadcom in the third quarter valued at about $34,000. Finally, Evolution Wealth Management Inc. acquired a new position in Broadcom in the second quarter valued at about $36,000. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Broadcom Price Performance

Shares of AVGO opened at $309.32 on Wednesday. The company has a market cap of $1.46 trillion, a P/E ratio of 60.41, a PEG ratio of 0.63 and a beta of 1.22. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80. The firm’s 50 day moving average price is $325.36 and its 200 day moving average price is $343.92.

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

Broadcom Dividend Announcement

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

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom reported 106% year‑over‑year AI semiconductor revenue growth and secured a five‑year, roughly US$970 million software agreement with the U.S. Department of Defense — news that supports a durable AI revenue runway and defense recurring revenue. Article Title
• Positive Sentiment: Several sell‑side analysts and aggregator pieces now show large upside to AVGO (street consensus highlighted ~61% upside in recent writeups), underpinning the stock’s rally as buy ratings and price targets get refreshed. Article Title
• Positive Sentiment: Analysts and commentators argue Broadcom is carving out a large custom AI‑chip market (contrast vs. Nvidia), supporting a multi‑year growth story from bespoke AI silicon and software integration. Article Title
• Neutral Sentiment: NVIDIA’s NVLink/Fusion ecosystem expansion could reshuffle AI infra partnerships — a potential opportunity for some suppliers but one that brings competitive dynamics and execution risk for Broadcom. Article Title
• Neutral Sentiment: Broadcom is getting heightened investor attention as a high‑ROE, cash‑generative tech play amid geopolitical uncertainty; these narratives support interest but don’t guarantee short‑term moves. Article Title
• Negative Sentiment: Zacks flagged sequential gross‑margin contraction as Broadcom’s AI mix shifts; margin pressure and a high trailing P/E leave earnings sensitivity to product mix and pricing. Article Title

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on AVGO. Oppenheimer lifted their price target on shares of Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Susquehanna reaffirmed a “positive” rating and set a $450.00 price objective (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. Barclays reiterated an “overweight” rating and issued a $500.00 target price (up from $450.00) on shares of Broadcom in a report on Friday, December 12th. Wall Street Zen upgraded Broadcom from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Finally, Piper Sandler restated an “overweight” rating and set a $430.00 price target (up from $375.00) on shares of Broadcom in a research report on Friday, December 12th. One investment 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 company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $435.30.

Insider Buying and Selling

In other news, insider S. Ram Velaga sold 38,841 shares of Broadcom stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $12,491,265.60. Following the completion of the transaction, the insider owned 96,147 shares in the company, valued at approximately $30,920,875.20. This trade represents a 28.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Hock E. Tan sold 70,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 132,836 shares of the company’s stock, valued at approximately $46,133,942.80. This represents a 34.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 373,049 shares of company stock worth $123,024,715 over the last ninety days. Company insiders own 1.90% of the company’s stock.

Broadcom 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.