USA Financial Formulas Invests $1.41 Million in Broadcom Inc. $AVGO

USA Financial Formulas purchased a new position in Broadcom Inc. (NASDAQ:AVGO) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,072 shares of the semiconductor manufacturer’s stock, valued at approximately $1,409,000. Broadcom comprises 0.3% of USA Financial Formulas’ investment portfolio, making the stock its 27th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Baring Financial LLC lifted its stake in Broadcom by 2.2% in the fourth quarter. Baring Financial LLC now owns 1,359 shares of the semiconductor manufacturer’s stock valued at $470,000 after buying an additional 29 shares during the last quarter. Arthur M. Cohen & Associates LLC grew its position in shares of Broadcom by 0.6% during the third quarter. Arthur M. Cohen & Associates LLC now owns 4,781 shares of the semiconductor manufacturer’s stock worth $1,577,000 after acquiring an additional 30 shares during the last quarter. Jackson Hole Capital Partners LLC increased its holdings in shares of Broadcom by 1.4% in the 3rd quarter. Jackson Hole Capital Partners LLC now owns 2,170 shares of the semiconductor manufacturer’s stock worth $716,000 after acquiring an additional 30 shares during the period. Private Wealth Partners LLC increased its holdings in shares of Broadcom by 0.7% in the 3rd quarter. Private Wealth Partners LLC now owns 4,273 shares of the semiconductor manufacturer’s stock worth $1,410,000 after acquiring an additional 30 shares during the period. Finally, Planning Alternatives Ltd. ADV lifted its position in Broadcom by 1.4% in the 3rd quarter. Planning Alternatives Ltd. ADV now owns 2,168 shares of the semiconductor manufacturer’s stock valued at $715,000 after purchasing an additional 30 shares during the last quarter. 76.43% of the stock is currently owned by institutional investors.

Insider Activity at Broadcom

In other news, insider S. Ram Velaga sold 38,841 shares of Broadcom stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total value of $12,491,265.60. Following the transaction, the insider owned 96,147 shares of the company’s stock, valued at $30,920,875.20. The trade was a 28.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Hock E. Tan sold 70,000 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $347.30, for a total transaction of $24,311,000.00. Following the sale, 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. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 373,049 shares of company stock worth $123,024,715. Company insiders own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Zacks Research lowered shares of Broadcom from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Susquehanna reaffirmed a “positive” rating and set a $450.00 price target (up from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Piper Sandler reissued an “overweight” rating and issued a $430.00 price objective (up from $375.00) on shares of Broadcom in a report on Friday, December 12th. Barclays restated an “overweight” rating and issued a $500.00 target price (up from $450.00) on shares of Broadcom in a research report on Friday, December 12th. Finally, Royal Bank Of Canada cut their target price on Broadcom from $370.00 to $340.00 and set a “sector perform” rating on the stock in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Broadcom presently has an average rating of “Moderate Buy” and an average target price of $435.30.

Broadcom Stock Performance

AVGO opened at $309.32 on Wednesday. The business has a 50 day moving average price of $325.36 and a two-hundred day moving average price of $343.92. 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 company has a market capitalization of $1.46 trillion, a price-to-earnings ratio of 60.41, a price-to-earnings-growth ratio of 0.63 and a beta of 1.22. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS 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 company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $19.10 billion. During the same quarter in the previous year, the business earned $1.60 EPS. The company’s quarterly revenue was up 29.5% compared to the same quarter last year. Research analysts predict that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Announces Dividend

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

Key Stories 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

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.