Western Wealth Management LLC Has $27.44 Million Holdings in Broadcom Inc. $AVGO

Western Wealth Management LLC lifted its position in Broadcom Inc. (NASDAQ:AVGO) by 24.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,661 shares of the semiconductor manufacturer’s stock after buying an additional 17,326 shares during the quarter. Broadcom comprises approximately 1.0% of Western Wealth Management LLC’s holdings, making the stock its 15th biggest position. Western Wealth Management LLC’s holdings in Broadcom were worth $27,442,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. ROSS JOHNSON & Associates LLC increased its stake in shares of 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 during the last quarter. Networth Advisors LLC raised its holdings in shares of Broadcom by 546.2% in the 1st quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 71 shares during the period. SWAN Capital LLC lifted its stake in Broadcom by 261.9% in the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 55 shares during the last quarter. Nvest Wealth Strategies Inc. acquired a new stake in Broadcom in the 4th quarter valued at about $33,000. Finally, Family CFO Inc bought a new position in Broadcom during the fourth quarter worth about $35,000. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on AVGO shares. Weiss Ratings raised Broadcom from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th. KeyCorp reaffirmed an “overweight” rating and issued a $575.00 price objective (up from $500.00) on shares of Broadcom in a research report on Thursday, June 4th. Benchmark lifted their target price on Broadcom from $485.00 to $545.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. Wall Street Zen lowered Broadcom from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Citigroup restated a “buy” rating on shares of Broadcom in a research note on Thursday, June 4th. Twenty-eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $493.24.

Insider Buying and Selling at Broadcom

In related news, insider Mark David Brazeal sold 25,000 shares of the stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the sale, the insider owned 194,989 shares of the company’s stock, valued at $78,254,935.37. This represents a 11.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Justine Page sold 1,602 shares of the firm’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $373.86, for a total value of $598,923.72. Following the transaction, the director owned 17,426 shares in the company, valued at approximately $6,514,884.36. This trade represents a 8.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 61,644 shares of company stock worth $24,016,214. 1.90% of the stock is currently owned by company insiders.

Broadcom Stock Up 4.7%

AVGO stock opened at $387.84 on Friday. Broadcom Inc. has a fifty-two week low of $281.61 and a fifty-two week high of $495.00. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.24 and a quick ratio of 2.01. The stock has a market capitalization of $1.85 trillion, a price-to-earnings ratio of 64.64, a PEG ratio of 0.71 and a beta of 1.45. The business’s fifty day moving average price is $394.58 and its two-hundred day moving average price is $367.96.

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

Broadcom Dividend Announcement

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

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Apple partnership adds significant demand visibility. Apple announced a multiyear agreement with Broadcom under its American Manufacturing Program, with more than $30 billion expected to support a U.S.-based silicon supply chain and advanced manufacturing equipment. Apple commits more than $30 Billion to US manufacturing
• Positive Sentiment: A reported Samsung agreement reinforces the AI growth outlook. Broadcom and Samsung reportedly signed a five-year, $200 billion arrangement covering memory chips, including high-bandwidth memory, and potential advanced packaging collaboration for Broadcom’s AI accelerators. The deal could help secure critical components and support future revenue growth. Broadcom’s $200 Billion Samsung Deal Shows How Costly the AI Memory Race Has Become
• Positive Sentiment: Analyst and investor commentary remains bullish. Recent coverage highlights strong AI accelerator and networking bookings, long-term contracts, and a potentially undervalued share price after the recent pullback. Broadcom was also identified as a top growth-stock pick for the remainder of 2026. AI Accelerators and Networking Fuel Broadcom’s Growth
• Neutral Sentiment: The broader AI semiconductor group recently pulled back, potentially improving entry valuations but also underscoring volatility following a powerful multiyear rally. The Ultimate Bull Run for AMD, Broadcom, and Arm May Be Closer Than You Think
• Negative Sentiment: Some analysts remain concerned that AI “backstop” arrangements could create financial liabilities, while Broadcom’s elevated earnings multiple leaves the stock sensitive to any slowdown in AI spending or execution issues. AI Backstops Have One Analyst Worried

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.