Hennion & Walsh Asset Management Inc. Sells 6,585 Shares of Broadcom Inc. $AVGO

Hennion & Walsh Asset Management Inc. lowered its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 8.5% during the fourth quarter, HoldingsChannel reports. The firm owned 71,240 shares of the semiconductor manufacturer’s stock after selling 6,585 shares during the quarter. Broadcom comprises 0.9% of Hennion & Walsh Asset Management Inc.’s holdings, making the stock its 12th largest holding. Hennion & Walsh Asset Management Inc.’s holdings in Broadcom were worth $24,656,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Praetorian Wealth Management Inc. acquired a new position in shares of Broadcom in the 4th quarter valued at approximately $226,000. Congress Park Capital LLC lifted its stake in Broadcom by 82.8% in the fourth quarter. Congress Park Capital LLC now owns 6,701 shares of the semiconductor manufacturer’s stock valued at $2,319,000 after buying an additional 3,036 shares in the last quarter. One Wealth Management Investment & Advisory Services LLC lifted its stake in Broadcom by 11.0% in the fourth quarter. One Wealth Management Investment & Advisory Services LLC now owns 1,376 shares of the semiconductor manufacturer’s stock valued at $476,000 after buying an additional 136 shares in the last quarter. Kraft Davis & Associates LLC boosted its holdings in shares of Broadcom by 23.7% in the fourth quarter. Kraft Davis & Associates LLC now owns 1,686 shares of the semiconductor manufacturer’s stock valued at $598,000 after buying an additional 323 shares during the period. Finally, Enterprise Financial Services Corp increased its position in shares of Broadcom by 2.3% during the fourth quarter. Enterprise Financial Services Corp now owns 8,669 shares of the semiconductor manufacturer’s stock worth $3,000,000 after acquiring an additional 197 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Broadcom Stock Performance

Shares of AVGO opened at $314.55 on Friday. The stock has a market capitalization of $1.49 trillion, a price-to-earnings ratio of 61.44, a PEG ratio of 0.67 and a beta of 1.24. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $414.61. The firm has a fifty day simple moving average of $324.84 and a 200 day simple moving average of $343.50. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80.

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

Broadcom Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were given a $0.65 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s payout ratio is currently 50.78%.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Large AI revenue gains and a five‑year, ~$970M U.S. defense software deal reinforce the company’s AI and software revenue runway, a key near‑term driver for investor optimism. What Broadcom (AVGO)’s AI Surge and US$970 Million DISA Deal Means For Shareholders
• Positive Sentiment: Broadcom named Alphabet executive Amie Thuener as its next CFO (effective June 12), a leadership move that markets typically view as stabilizing during a transition. Broadcom taps Alphabet executive Amie Thuener as next CFO (Reuters)
• Positive Sentiment: Prominent investors and many sell‑side analysts remain bullish (some price targets imply large upside), supporting demand for the stock despite recent volatility. Analysts See 61% Upside to Broadcom Inc. (AVGO)
• Neutral Sentiment: Broadcom continues to roll out new enterprise products (Symantec CBX) and is regularly featured in AI‑infrastructure comparisons vs. peers — positive for long‑term positioning but less likely to move the stock immediately. Broadcom Inc. (AVGO) Unveils Symantec CBX for Enterprise-Grade Network Security
• Neutral Sentiment: Media pieces and buy‑lists (e.g., Zacks, Motley Fool comparisons with NVDA/MRVL) keep AVGO in the spotlight; useful for flow but not an immediate catalyst on its own. 3 Must-Buy Profitable Stocks for April 2026 (MU, AVGO, NVDA)
• Negative Sentiment: Large insider selling by co‑founder Henry Samueli drew attention; sizable insider exits can spook investors even if they’re for personal liquidity. What Henry Samueli’s Record Broadcom Sale Signals For AVGO Shareholders
• Negative Sentiment: Erste Group downgraded AVGO from Buy to Hold, a rating move that can pressure sentiment among some institutional investors. Finviz: Quote / Analyst Actions
• Negative Sentiment: Geopolitical tensions (e.g., Iran conflict) have pressured chip stocks broadly by raising supply‑chain and demand risk, creating short‑term headwinds for AVGO alongside peers. Nvidia, Broadcom Drop as Chip Stocks Sell Off. Why War Is Hitting Them So Hard.

Insider Buying and Selling at Broadcom

In other Broadcom news, insider Charlie B. Kawwas sold 39,116 shares of the business’s stock in a transaction that occurred 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 transaction, the insider owned 74,626 shares of the company’s stock, valued at $24,000,467.86. The trade was a 34.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Mark David Brazeal sold 50,488 shares of the company’s stock in a transaction that occurred 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 sale, the insider owned 278,141 shares in the company, valued at approximately $89,450,145.60. This represents a 15.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 373,049 shares of company stock valued at $123,024,715 in the last ninety days. Insiders own 1.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Zacks Research lowered shares of Broadcom from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 4th. Oppenheimer upped their target price on shares of Broadcom from $435.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Sanford C. Bernstein reissued an “outperform” rating and issued a $475.00 price target (up from $400.00) on shares of Broadcom in a research note on Friday, December 12th. Mizuho set a $480.00 price target on Broadcom and gave the company an “outperform” rating in a report on Friday, January 9th. Finally, Wall Street Zen raised Broadcom from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $435.30.

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.