<div id="readability-page-1"><p>Equitable Trust Co. lessened its stake in shares of  Broadcom Inc. (NASDAQ:AVGO - Free Report) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,293 shares of the semiconductor manufacturer's stock after selling 4,301 shares during the period. Broadcom comprises about  0.8% of Equitable Trust Co.'s holdings, making the stock its 26th biggest position. Equitable Trust Co.'s holdings in Broadcom were worth $18,791,000 as of its most recent filing with the SEC.</p><ul><li>MarketBeat Week in Review – 05/04 - 05/08</li></ul><p>Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in  Broadcom by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 482,707,302 shares of the semiconductor manufacturer's stock worth $167,064,997,000 after purchasing an additional 3,919,715 shares during the period.  Invesco Ltd. boosted its position in  Broadcom by 1.8% during the third quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer's stock worth $12,915,861,000 after purchasing an additional 700,021 shares during the period.  Legal &amp; General Group Plc boosted its position in  Broadcom by 2.3% during the third quarter. Legal &amp; General Group Plc now owns 33,450,786 shares of the semiconductor manufacturer's stock worth $11,035,749,000 after purchasing an additional 748,709 shares during the period.  Franklin Resources Inc. boosted its position in  Broadcom by 4.0% during the third quarter. Franklin Resources Inc. now owns 29,511,195 shares of the semiconductor manufacturer's stock worth $9,736,038,000 after purchasing an additional 1,124,590 shares during the period.  Finally, Amundi boosted its position in  Broadcom by 3.3% during the third quarter. Amundi now owns 22,216,816 shares of the semiconductor manufacturer's stock worth $7,453,320,000 after purchasing an additional 716,523 shares during the period. Hedge funds and other institutional investors own  76.43% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities analysts have weighed in on AVGO shares. Zacks Research upgraded shares of Broadcom from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Thursday, April 2nd. Weiss Ratings lowered shares of Broadcom from a &#34;buy (b-)&#34; rating to a &#34;hold (c+)&#34; rating in a research report on Friday, April 24th. Citigroup  restated a &#34;buy&#34; rating and issued a $500.00 price objective (up from $475.00) on shares of Broadcom in a research report on Tuesday. Royal Bank Of Canada cut their price objective on shares of Broadcom from $370.00 to $340.00 and set a &#34;sector perform&#34; rating for the company in a research report on Monday, March 2nd. Finally, Erste Group Bank lowered shares of Broadcom from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Thursday, April 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned  a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Broadcom presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $436.13.</p><ul><li>Light Speed Returns: Corning Cashes In on NVIDIA Growth</li></ul><p><b>View Our Latest Stock Analysis on Broadcom</b></p><h2>Key Broadcom News</h2><p>Here are the key news stories impacting Broadcom this week:</p><ul>   <li><span>Positive Sentiment: </span>Citi raised its price target on Broadcom to $500 from $475 and kept a Buy rating, citing strong AI demand and expectations for another strong quarter. <i></i><span>Citi Raises Broadcom Price Target to $500: AI Demand Sets Up Another Big April Quarter</span></li>   <li><span>Positive Sentiment: </span>Other Wall Street coverage also pointed to continued upside for Broadcom, reflecting optimism around its AI infrastructure exposure and earnings outlook. <i></i><span>Wall Street sets Broadcom (AVGO) stock price for the next 12 months</span></li>   <li><span>Positive Sentiment: </span>Zacks highlighted Broadcom’s strong earnings-surprise history and said the company appears well-positioned to beat estimates again in its next report. <i></i><span>Will Broadcom Inc. (AVGO) Beat Estimates Again in Its Next Earnings Report?</span></li>   <li><span>Neutral Sentiment: </span>Broadcom’s latest stock move also appears tied to a recent run-up, with one article saying investors were taking profits after a large AI-driven rally rather than reacting to a fundamental deterioration. <i></i><span>Why analysts are bullish on Broadcom stock despite a 4% fall today?</span></li>   <li><span>Neutral Sentiment: </span>Several hedge-fund and institutional filings showed mixed activity in Broadcom, with some firms trimming holdings while Mirova US LLC added shares; these moves are notable but not necessarily a direct signal on the company’s fundamentals. <i></i><span>PRIMECAP Management Co trims Broadcom stake by 12,410 shares</span> <i></i><span>Cincinnati Specialty Underwriters slashes Broadcom stake by 207K shares</span> <i></i><span>Mirova US LLC Boosts Broadcom Stake by 183,850 Shares</span></li> </ul><h2>Insider Activity at Broadcom</h2><ul><li>Monolithic Power Systems: AI Stock Beat, Raised and Upgraded Post-Earnings</li></ul><p>In other Broadcom news, CFO Kirsten M. Spears sold 36,292 shares of the business's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $11,671,507.20. Following the transaction, the chief financial officer directly owned 327,760 shares of the company's stock, valued at approximately $105,407,616. The trade was a 9.97% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, insider Charlie B. Kawwas sold 39,116 shares of the company's stock in a transaction dated 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 completion of the sale, the insider directly owned 74,626 shares in the company, valued at $24,000,467.86. This represents a 34.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 324,282 shares of company stock valued at $106,425,249 in the last 90 days. 1.90% of the stock is owned by company insiders. </p><h2>Broadcom Trading Down 2.1%</h2><p>Shares of Broadcom stock opened at $419.30 on Wednesday. The firm has a market cap of $1.99 trillion, a PE ratio of 81.89, a PEG ratio of 0.89 and a beta of 1.43. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73. Broadcom Inc. has a 1 year low of $221.60 and a 1 year high of $437.68. The company has a 50 day simple moving average of $358.98 and a two-hundred day simple moving average of $353.01. </p><p>Broadcom (NASDAQ:AVGO - Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, topping analysts' consensus estimates of $2.03 by $0.02. The firm had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The business's quarterly revenue was up 29.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.60 EPS.  Analysts expect that  Broadcom Inc. will post 9.95 earnings per share for the current fiscal year. </p><h2>Broadcom Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom's payout ratio is presently 50.78%. </p><h2>About Broadcom</h2> (Free Report)<p>Broadcom Inc <span>NASDAQ: AVGO<span></span></span> 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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Broadcom</li><li>Navy Catalyst Ignites Odysight’s Growth Engine</li><li>AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?</li><li>Axon Surged After Earnings and Is Still Down Over 50% From Highs</li><li>The Event That Could Redefine Apple’s Summer Rally</li></ul><p><strong>Want to see what other hedge funds are holding AVGO?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVZHTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVZHTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Broadcom Right Now?</h2><p>Before you consider Broadcom, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Broadcom wasn't on the list.</p><p>While Broadcom currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AVGO

<p>Equitable Trust Co. reduced its stake in Broadcom Inc. (NASDAQ:AVGO) by 7.3% in Q4, owning 54,293 shares after selling 4,301 shares. This represents about 0.8% of its holdings, valued at $18.79 million. Other investors like Vanguard and Invesco increased their positions. Analysts have mixed ratings on Broadcom, with Zacks upgrading it to "strong-buy" and Citigroup raising its price target to $500, reflecting optimism around AI demand and earnings outlook.</p>

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Equitable Trust Co. Decreases Holdings in Broadcom Inc. $AVGO