DDD Partners LLC Has $28.58 Million Stock Position in Broadcom Inc. $AVGO

DDD Partners LLC reduced its holdings in Broadcom Inc. (NASDAQ:AVGO) by 20.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 86,633 shares of the semiconductor manufacturer’s stock after selling 22,074 shares during the quarter. Broadcom comprises 1.8% of DDD Partners LLC’s investment portfolio, making the stock its 6th largest position. DDD Partners LLC’s holdings in Broadcom were worth $28,581,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC purchased a new stake in shares of Broadcom in the 2nd quarter worth about $27,000. Teachers Insurance & Annuity Association of America purchased a new stake in Broadcom in the second quarter worth about $28,000. LGT Financial Advisors LLC bought a new stake in Broadcom during the 2nd quarter valued at approximately $31,000. New England Capital Financial Advisors LLC purchased a new position in shares of Broadcom during the 2nd quarter worth approximately $31,000. Finally, JCIC Asset Management Inc. bought a new position in shares of Broadcom in the 3rd quarter worth approximately $31,000. Institutional investors own 76.43% of the company’s stock.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Wall Street analysts see sizable upside after the recent pullback, arguing Broadcom could rebound strongly from the selloff, which supports buy-side interest and limits further downside risk. Wall Street Sees 29% Upside for Broadcom After Recent Selloff
• Positive Sentiment: Soros Fund Management increased its stake in AVGO, signaling conviction from a large, well-known institutional investor — a bullish signal for long-term demand. Soros Fund Management boosts Broadcom stake with 102,379 shares
• Positive Sentiment: Product roadmap: Broadcom’s Wi‑Fi 8 push targets AI-ready enterprise upgrades — a strategic growth angle that supports medium-term revenue expansion in networking and AI infrastructure. Broadcom Wi-Fi 8 Launch Targets AI Ready Enterprise Network Upgrades
• Neutral Sentiment: Analyst consensus remains a “Buy,” reflecting continued sell‑side support even as the name trades off — this provides a floor for investor expectations. Broadcom Inc. (NASDAQ:AVGO) Given Consensus Recommendation of “Buy” by Analysts
• Neutral Sentiment: Reported short‑interest data appears negligible/erroneous (shows zero), so short-selling pressure is not a clear driver of today’s move. (Low informational value.)
• Negative Sentiment: Hedge fund trimming: Bowie Capital cut its Broadcom stake, which can pressure the tape and signal tactical profit‑taking among active managers. Bowie Capital Management Cuts Broadcom Stake by 72,863 Shares
• Negative Sentiment: Competitive/valuation pressure: analyst comparisons favor NVIDIA over Broadcom on valuation and data‑center dominance, which can divert AI‑money away from AVGO and weigh on multiple expansion. NVIDIA vs. Broadcom: Which AI Chip Stock Is the Better Buy Now?
• Negative Sentiment: Some coverage flags that Broadcom’s AI/Wi‑Fi 8 push is already being used to test valuation and growth expectations — raising investor scrutiny on whether future results justify current multiples. Broadcom’s AI Wi Fi 8 Push Tests Valuation And Growth Expectations

Broadcom Trading Down 1.8%

Broadcom stock opened at $325.17 on Tuesday. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The business’s fifty day moving average is $342.36 and its 200 day moving average is $341.02. The stock has a market capitalization of $1.54 trillion, a PE ratio of 68.31, a price-to-earnings-growth ratio of 1.05 and a beta of 1.21. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58.

Broadcom (NASDAQ:AVGO) last posted its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.08. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The business had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the prior year, the business earned $1.42 EPS. The business’s revenue for the quarter was up 28.2% compared to the same quarter last year. On average, sell-side analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a $0.65 dividend. This is an increase from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio is 54.62%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on AVGO shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a research note on Monday, December 29th. UBS Group set a $475.00 target price on shares of Broadcom and gave the stock a “buy” rating in a research report on Monday, December 15th. Robert W. Baird set a $420.00 price target on shares of Broadcom in a research report on Friday, December 12th. Rosenblatt Securities lifted their target price on shares of Broadcom from $400.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. Finally, Wells Fargo & Company upgraded Broadcom from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $410.00 to $430.00 in a research note on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Broadcom currently has an average rating of “Buy” and a consensus price target of $433.87.

Insider Buying and Selling at Broadcom

In other news, insider Charlie B. Kawwas sold 1,928 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $327.80, for a total value of $631,998.40. Following the transaction, the insider directly owned 23,582 shares in the company, valued at $7,730,179.60. This trade represents a 7.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Hock E. Tan sold 70,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $347.30, for a total value of $24,311,000.00. Following the sale, the chief executive officer owned 132,836 shares of the company’s stock, valued at approximately $46,133,942.80. This trade represents a 34.51% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 779,101 shares of company stock worth $283,804,325. 2.00% of the stock is owned by corporate insiders.

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.