DeDora Capital Inc. Trims Holdings in Broadcom Inc. $AVGO

Key Points

• DeDora Capital trimmed its stake in Broadcom by 10.2% in Q4, selling 2,458 shares and ending the quarter with 21,693 shares worth about $7.51 million (≈1.8% of the fund, its 16th largest holding).
• Business momentum is strong: Broadcom reported a beat with $19.31B revenue (+29.5% y/y) and $2.05 EPS, has multi‑year AI deals with Meta/Google/Anthropic boosting long‑term AI revenue visibility, and trades near its highs with a consensus target of $435.30.
• Insider selling is notable: insiders have sold 324,282 shares (~$106.4M) over the past 90 days (including recent sales by directors), posing a near‑term sentiment headwind despite institutional ownership of ~76%.

DeDora Capital Inc. cut its stake in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 10.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,693 shares of the semiconductor manufacturer's stock after selling 2,458 shares during the quarter. Broadcom comprises about 1.8% of DeDora Capital Inc.'s holdings, making the stock its 16th largest position. DeDora Capital Inc.'s holdings in Broadcom were worth $7,508,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in AVGO. JCIC Asset Management Inc. purchased a new position in shares of Broadcom in the third quarter valued at $31,000. Miller Global Investments LLC purchased a new position in shares of Broadcom in the fourth quarter valued at $31,000. Manning & Napier Advisors LLC purchased a new position in shares of Broadcom in the third quarter valued at $34,000. Navigoe LLC grew its position in shares of Broadcom by 515.0% in the third quarter. Navigoe LLC now owns 123 shares of the semiconductor manufacturer's stock valued at $40,000 after purchasing an additional 103 shares in the last quarter. Finally, Stone House Investment Management LLC grew its position in shares of Broadcom by 600.0% in the third quarter. Stone House Investment Management LLC now owns 140 shares of the semiconductor manufacturer's stock valued at $46,000 after purchasing an additional 120 shares in the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Gayla J. Delly sold 1,000 shares of the business's stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $358.31, for a total value of $358,310.00. Following the completion of the sale, the director owned 32,352 shares of the company's stock, valued at approximately $11,592,045.12. The trade was a 3.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Charlie B. Kawwas sold 10,000 shares of the business's stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $345.23, for a total value of $3,452,300.00. Following the completion of the sale, the insider directly owned 787,184 shares of the company's stock, valued at approximately $271,759,532.32. This trade represents a 1.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 324,282 shares of company stock valued at $106,425,249. 1.90% of the stock is owned by insiders.

Broadcom Trading Up 4.2%

Shares of AVGO stock opened at $396.72 on Thursday. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80. The business has a 50-day moving average price of $330.13 and a two-hundred day moving average price of $344.15. Broadcom Inc. has a 12-month low of $161.61 and a 12-month high of $414.61. The firm has a market cap of $1.88 trillion, a P/E ratio of 77.48, a price-to-earnings-growth ratio of 0.79 and a beta of 1.24.

Broadcom (NASDAQ:AVGO - Get Free Report) last issued its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.02. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The firm had revenue of $19.31 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same quarter in the previous year, the company posted $1.60 earnings per share. The company's revenue was up 29.5% compared to the same quarter last year. Equities analysts anticipate that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were paid a dividend of $0.65 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom's payout ratio is 50.78%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Expanded multi‑year AI deal with Meta (through 2029) commits an initial >1GW of custom MTIA silicon and uses Broadcom’s XPU and Ethernet networking to scale multi‑gigawatt AI clusters — materially raises long‑term AI revenue visibility. Read More.
• Positive Sentiment: Broader hyperscaler footprint — additional deals referenced with Google and Anthropic expand customer exposure beyond a single partner, supporting sustained demand for Broadcom’s custom accelerators and networking. Read More.
• Positive Sentiment: New software for AI deployments — Broadcom announced VMware Tanzu Platform agent foundations to accelerate secure, agentic AI applications on VMware Cloud, extending its addressable market into AI infrastructure software. Read More.
• Neutral Sentiment: Market/analyst momentum is lifting AVGO alongside semiconductor peers; multiple firms have raised price targets which can amplify flows but also raise volatility on profit‑taking. Read More.
• Negative Sentiment: Insider selling persists (recent multi‑million dollar sales by S. Ram Velaga and other insiders), a near‑term sentiment headwind even as strategic deals are executed. Read More.
• Negative Sentiment: Analyst caution / competitive risk — some firms warn about customer concentration and NVIDIA/other competitive pressures; one rating downgrade highlights execution and sourcing risk if hyperscalers change strategies. Read More. Read More.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AVGO shares. Zacks Research upgraded Broadcom from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. Citigroup lifted their price objective on Broadcom from $458.00 to $475.00 and gave the company a "buy" rating in a research note on Thursday, March 5th. Erste Group Bank lowered Broadcom from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. Weiss Ratings reissued a "buy (b-)" rating on shares of Broadcom in a research note on Friday, April 10th. Finally, Royal Bank Of Canada dropped their price objective on Broadcom from $370.00 to $340.00 and set a "sector perform" rating for the company in a research note on Monday, March 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $435.30.

Broadcom Company 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.

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