Elevated Capital Advisors LLC Purchases 3,294 Shares of Broadcom Inc. $AVGO

Elevated Capital Advisors LLC boosted its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 78.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 7,499 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,294 shares during the period. Elevated Capital Advisors LLC’s holdings in Broadcom were worth $2,321,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. ROSS JOHNSON & Associates LLC increased its holdings in Broadcom by 1,320.0% during the 4th quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 66 shares in the last quarter. Networth Advisors LLC lifted its holdings in shares of Broadcom by 546.2% in the first quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 71 shares in the last quarter. SWAN Capital LLC lifted its holdings in shares of Broadcom by 261.9% in the fourth quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 55 shares in the last quarter. Miller Global Investments LLC purchased a new position in shares of Broadcom during the fourth quarter valued at approximately $31,000. Finally, Nvest Wealth Strategies Inc. purchased a new position in shares of Broadcom during the fourth quarter valued at approximately $33,000. 76.43% of the stock is owned by institutional investors.

Broadcom Stock Down 4.0%

AVGO opened at $384.05 on Tuesday. Broadcom Inc. has a 12 month low of $269.58 and a 12 month high of $495.00. The company has a market cap of $1.83 trillion, a PE ratio of 64.01, a price-to-earnings-growth ratio of 0.70 and a beta of 1.45. The company has a current ratio of 2.24, a quick ratio of 2.01 and a debt-to-equity ratio of 0.71. The company has a 50 day moving average of $404.62 and a 200 day moving average of $364.53.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.04. Broadcom had a return on equity of 41.61% and a net margin of 38.85%.The business had revenue of $22.19 billion for the quarter, compared to analysts’ expectations of $22.13 billion. During the same quarter in the prior year, the firm posted $1.58 EPS. The firm’s quarterly revenue was up 47.9% on a year-over-year basis. On average, sell-side analysts expect that Broadcom Inc. will post 10.24 EPS for the current year.

Broadcom Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, June 22nd. Broadcom’s dividend payout ratio is 43.33%.

Analyst Ratings Changes

AVGO has been the topic of a number of analyst reports. UBS Group set a $485.00 price objective on shares of Broadcom and gave the stock a “buy” rating in a report on Thursday, June 4th. TD Cowen reiterated a “buy” rating and issued a $500.00 target price on shares of Broadcom in a report on Thursday, June 4th. Rosenblatt Securities reissued a “buy” rating and set a $500.00 price target on shares of Broadcom in a research report on Thursday, June 4th. Truist Financial boosted their price target on shares of Broadcom from $545.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $535.00 price objective (up from $450.00) on shares of Broadcom in a research report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $493.24.

Insider Activity at Broadcom

In other Broadcom news, Director Justine Page sold 1,602 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $373.86, for a total value of $598,923.72. Following the completion of the transaction, the director owned 17,426 shares of the company’s stock, valued at $6,514,884.36. The trade was a 8.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Harry L. You bought 1,000 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was bought at an average price of $373.57 per share, with a total value of $373,570.00. Following the completion of the transaction, the director directly owned 38,466 shares of the company’s stock, valued at $14,369,743.62. This represents a 2.67% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders sold 36,644 shares of company stock valued at $13,982,964. Company insiders own 1.90% of the company’s stock.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Several recent pieces remained constructive on Broadcom’s AI outlook, arguing that AVGO is well positioned to benefit from continued hyperscaler demand and that its custom AI chip business could outpace peers through the rest of 2026. Broadcom vs Nvidia: Yes, Broadcom Is Set to Outpace Nvidia Through the Rest of 2026
• Positive Sentiment: Analysts also highlighted memory chips and AI infrastructure as major beneficiaries of the AI boom, reinforcing the broader strength in the semiconductor demand backdrop that can support Broadcom’s growth narrative. Analyst Dan Ives Calls Memory Chips the “Golden Child” of the AI Revolution with “15-to-1” Demand-to-Supply Imbalance
• Neutral Sentiment: Commentary comparing Broadcom with Alphabet and Marvell focused on relative valuation and strategy, suggesting AVGO remains a major AI winner but may face investor debate about whether to rotate into other AI-related names. Alphabet Vs. Broadcom: Rotate Out of AVGO and into GOOG as a Custom Chip Creator and Hyperscaler Partner
• Neutral Sentiment: Some market coverage noted Broadcom’s recent volatility and framed the stock as a contested but still attractive AI chip investment, with valuation arguments supporting both bullish and cautious views. Broadcom vs. Marvell: A Valuation Showdown for the Custom AI Chip Trade
• Negative Sentiment: Broadcom was also hit by a broader selloff in chip stocks as investors rotated out of semiconductors and back into Big Tech, which pressured AVGO alongside peers like Nvidia and AMD. INTC, AMD, NVDA, AVGO: Chip Stocks Slide As Fresh US-Iran Strikes Test Peace Deal
• Negative Sentiment: Insider selling added to cautious sentiment, with reports of a Broadcom insider selling millions of dollars of stock, which can sometimes worry traders about near-term valuation. Insider Selling: Broadcom (NASDAQ:AVGO) Insider Sells $9,479,750.00 in Stock

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.