Gotham Asset Management Adds $4M in Broadcom Inc. ($AVGO)

Gotham Asset Management has increased its holdings in Broadcom Inc. (NasdaqGS: AVGO) by 11,617 shares, bringing its total to 345,271 shares. The value of this stake is approximately $131.8 million, according to the latest Form 13F filing with the SEC. This represents a 3.48% increase from its previous position of 333,654 shares.

What Changed in Gotham Asset Management's Broadcom Position

Gotham Asset Management's recent filing shows it added 11,617 shares of Broadcom, boosting its stake by 3.48% to a total of 345,271 shares. The value of these holdings is now about $131.8 million. This move reflects Gotham's increased confidence in Broadcom's prospects.

Other Institutional Activity in Broadcom

BlackRock, Inc. added 6,049,826 shares to its Broadcom holdings, ending with 385,944,774 shares valued at roughly $119.5 billion. Vanguard Capital Management LLC took a new position with 308,015,865 shares worth about $95.3 billion. State Street Corp increased its stake by 1,295,881 shares, bringing its total to 191,380,232 shares valued at $59.2 billion. FMR LLC also grew its holdings, adding 926,640 shares for a total of 124,112,876 shares valued at $38.4 billion. Meanwhile, Capital World Investors reduced its position by 7,068,689 shares, now holding 116,188,483 shares valued at $35.9 billion.

Broadcom Inc. Stock Snapshot

Shares of Broadcom Inc. (NasdaqGS: AVGO) are trading near $381.86. The company has a market cap of approximately $1.82 trillion and a forward P/E ratio of 19.74, indicating growth expectations. Its beta is 1.433, suggesting higher volatility compared to the broader market. The stock's 52-week range has been between $244.17 and $495.00, with a 50-day moving average of $405.08 and a 200-day moving average of $357.68.

Recent Earnings

In its latest earnings report, Broadcom posted revenue of $75.46 billion, with a revenue growth rate of 47.9%. The company's net margin stands at 38.85%, and it reported a return on equity of 37.28%. The next earnings release is scheduled for June 3, 2026.

Dividend

Broadcom offers an annual dividend rate of $2.60, yielding 0.68%. The dividend payout ratio is 41.26%, indicating a balanced approach to returning capital to shareholders while retaining earnings for growth.

Insider Buying and Selling at Broadcom Inc.

Several insiders at Broadcom made transactions in April 2026. Henry Samueli, Gayla Delly, Diane Bryant, Low Check Kian, and Justine Page each acquired 864 shares. Additionally, Low Check Kian sold 117 shares at an average price of $399.63.

Analysts Set New Price Targets

On June 4, 2026, UBS maintained its buy rating on Broadcom with a price target of $485. B of A Securities and Mizuho also kept buy ratings, setting targets at $530. Oppenheimer set a target of $535, while JP Morgan went higher with $580. Macquarie downgraded the stock to hold with a $437 target. The consensus among analysts is a strong buy, with an average price target of $522.06 based on 45 opinions.

About Broadcom Inc.

Broadcom Inc. is a leading technology company based in Palo Alto, California. It specializes in designing and supplying semiconductor devices and infrastructure software solutions. The company operates through its Semiconductor Solutions and Infrastructure Software segments, catering to various applications in enterprise networking, data centers, and telecommunications. Broadcom is led by CEO Mr. Hock E. Tan and employs around 33,000 people.

Bottom Line

Gotham Asset Management's increase in Broadcom shares signals confidence in the tech company's future. Broadcom continues to draw interest from institutional investors, as seen in the latest 13F filings. With a strong market position and positive analyst ratings, Broadcom remains a key player in the semiconductor industry. Investors keep a close eye on such moves to gauge market sentiment and potential trends.