Broadcom (NASDAQ:AVGO) Insider S. Ram Velaga Sells 12,955 Shares of Stock

Broadcom Inc. (NASDAQ:AVGO) insider S. Ram Velaga sold 12,955 shares of Broadcom stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $352.02, for a total transaction of $4,560,419.10. Following the transaction, the insider owned 83,192 shares in the company, valued at $29,285,247.84. The trade was a 13.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

S. Ram Velaga also recently made the following trade(s):

• On Thursday, April 9th, S. Ram Velaga sold 17,260 shares of Broadcom stock. The shares were sold at an average price of $352.12, for a total transaction of $6,077,591.20.
• On Tuesday, March 17th, S. Ram Velaga sold 38,841 shares of Broadcom stock. The shares were sold at an average price of $321.60, for a total transaction of $12,491,265.60.
• On Monday, March 16th, S. Ram Velaga sold 25,538 shares of Broadcom stock. The stock was sold at an average price of $326.10, for a total transaction of $8,327,941.80.

Broadcom Stock Performance

Shares of AVGO stock opened at $371.46 on Friday. Broadcom Inc. has a 12 month low of $161.61 and a 12 month high of $414.61. 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 firm has a market capitalization of $1.76 trillion, a P/E ratio of 72.55, a P/E/G ratio of 0.74 and a beta of 1.24. The company’s fifty day moving average price is $326.18 and its two-hundred day moving average price is $343.09.

Broadcom (NASDAQ:AVGO) last issued 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 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 quarter in the previous year, the business posted $1.60 EPS. The firm’s revenue was up 29.5% compared to the same quarter last year. On average, research analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were issued a $0.65 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. Broadcom’s payout ratio is currently 50.78%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. TD Cowen reiterated a “buy” rating on shares of Broadcom in a report on Friday, December 12th. Citigroup boosted their price objective on shares of Broadcom from $458.00 to $475.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Royal Bank Of Canada cut their price objective on shares of Broadcom from $370.00 to $340.00 and set a “sector perform” rating on the stock in a report on Monday, March 2nd. Wells Fargo & Company upgraded shares of Broadcom from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $410.00 to $430.00 in a report on Thursday, January 15th. Finally, Robert W. Baird set a $420.00 price objective on shares of Broadcom in a report on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $435.30.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom locked multi‑year AI chip deals with hyperscalers (Google, Anthropic), underpinning expectations for durable, high‑margin AI revenue growth and licensing/accelerator demand. Article Title
• Positive Sentiment: Market writeups credit the Google/Anthropic deals for today’s rally and re‑rate Broadcom as a major AI infrastructure beneficiary vs. peers — coverage notes that Broadcom’s business model (custom accelerators + networking) captures hyperscaler capex. Article Title
• Positive Sentiment: Large investors and well‑known managers appear to be increasing exposure (reports on Israel Englander, Ken Fisher adding AVGO), which supports institutional momentum and can amplify price moves. Article Title
• Neutral Sentiment: Short‑interest data in the April snapshot is effectively meaningless (shows zero/NaN), so it provides no actionable signal about bearish positioning or squeeze risk at present.
• Negative Sentiment: Analyst/framing pushback: Seaport Global downgraded Broadcom and Seaport Research gave a “Neutral” rating, while at least one major bank reset its forecast — these notes reflect concern about industry limits, margins sustainability, or valuation and may cap upside until clarity on deal economics arrives. Article Title Article Title

Institutional Investors Weigh In On Broadcom

A number of institutional investors have recently modified their holdings of AVGO. Norges Bank acquired a new stake in shares of Broadcom in the 4th quarter valued at about $24,252,196,000. Cardano Risk Management B.V. raised its stake in shares of Broadcom by 895.2% in the 4th quarter. Cardano Risk Management B.V. now owns 12,689,800 shares of the semiconductor manufacturer’s stock valued at $4,391,940,000 after purchasing an additional 11,414,701 shares in the last quarter. State Street Corp raised its stake in shares of Broadcom by 2.7% in the 4th quarter. State Street Corp now owns 190,084,351 shares of the semiconductor manufacturer’s stock valued at $65,788,194,000 after purchasing an additional 5,040,801 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Broadcom by 499.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,634,232 shares of the semiconductor manufacturer’s stock valued at $1,858,789,000 after purchasing an additional 4,694,313 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Broadcom by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 482,707,302 shares of the semiconductor manufacturer’s stock valued at $167,064,997,000 after purchasing an additional 3,919,715 shares in the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

About Broadcom

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.