Broadcom Inc. $AVGO is TTP Investments Inc.’s 10th Largest Position

TTP Investments Inc. raised its stake in Broadcom Inc. (NASDAQ:AVGO) by 18.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,589 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,854 shares during the quarter. Broadcom makes up 3.0% of TTP Investments Inc.’s holdings, making the stock its 10th biggest position. TTP Investments Inc.’s holdings in Broadcom were worth $10,345,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Broadcom by 1.3% during the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock valued at $133,261,046,000 after purchasing an additional 6,222,802 shares during the period. State Street Corp raised its stake in shares of Broadcom by 0.5% in the second quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock valued at $51,071,601,000 after buying an additional 873,963 shares during the period. Geode Capital Management LLC lifted its position in shares of Broadcom by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock valued at $29,827,649,000 after buying an additional 2,226,585 shares during the last quarter. Norges Bank bought a new position in shares of Broadcom during the 2nd quarter worth $18,579,549,000. Finally, Invesco Ltd. increased its holdings in Broadcom by 8.4% in the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock worth $10,598,641,000 after acquiring an additional 2,978,768 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Key Stores Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Q4 AI momentum: Broadcom reported AI-related revenue strength (Zacks highlights Q4 AI revenue up sharply, with AI chip/XPU demand lifting results and driving a swelling backlog and upbeat 2026 outlook). Zacks: Broadcom’s Semiconductor Growth Picks Up
• Positive Sentiment: Bullish analyst commentary: Multiple firms have raised targets and reiterated buy/outperform stances (Cantor Fitzgerald and others flag AVGO as “ripe for outperformance” for 2026), supporting upward pressure on the stock. MSN: Cantor Fitzgerald on Broadcom
• Positive Sentiment: Dividend increase: Broadcom raised its quarterly dividend, signaling strong cash flow and attracting income-focused buyers (supports confidence despite near-term margin noise). MarketBeat: Broadcom Raises Dividend
• Positive Sentiment: Insider buy: Director Harry You purchased 1,000 shares (~$325k), a small but visible vote of confidence amid volatility. SEC Filing – Harry L. You Purchase
• Positive Sentiment: Media and retail momentum: Feature pieces and buy-list inclusions (e.g., Motley Fool-type coverage) are boosting retail interest in AVGO as an AI play. Fool: Broadcom a Top AI Stock
• Neutral Sentiment: Short interest and options: Reported short-interest growth (mid-December data showed an increase) and unusual options activity amplify intraday moves but days-to-cover remains modest (~1.9 days), so these are watch-list items rather than definitive catalysts.
• Neutral Sentiment: Backlog vs. conversion risk: The $73B AI backlog underpins revenue visibility, but conversion timing and mix (chip vs. system sales) determine ultimate margin and cash-flow impact — a structural positive if executed well, neutral until conversion details are clear. Seeking Alpha: Broadcom and AI Infrastructure
• Negative Sentiment: Margin concerns from system sales: Management warned gross margins will decline as AI system sales (which include pass-through component costs) grow — this spooked the market after the Dec. 11 earnings release and is the main reason for recent price weakness.
• Negative Sentiment: Insider selling: CEO Hock Tan and several senior insiders have sold material positions (reports show CEO sales exceeding $40M and aggregate insider selling topping $100M), which can undermine investor confidence even as company fundamentals remain strong. Yahoo Finance: Insider Selling Tops $100M
• Negative Sentiment: Near-term price volatility: The stock pulled back sharply (~mid-December sell-off) after earnings; with valuation questions flagged by some outlets, a missed execution on backlog conversion or margin protection could cap near-term upside. MarketBeat: Coverage of Post-Earnings Pullback

Insider Activity at Broadcom

In related news, insider Charlie B. Kawwas sold 1,928 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were 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 approximately $7,730,179.60. This represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Henry Samueli sold 320,316 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $400.53, for a total transaction of $128,296,167.48. Following the completion of the sale, the director directly owned 37,326,540 shares in the company, valued at $14,950,399,066.20. This represents a 0.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 524,780 shares of company stock valued at $195,499,150 in the last ninety days. Insiders own 2.00% of the company’s stock.

Broadcom Stock Up 0.2%

Shares of NASDAQ:AVGO opened at $350.18 on Thursday. The firm has a fifty day moving average price of $362.76 and a two-hundred day moving average price of $323.01. The company has a market cap of $1.66 trillion, a price-to-earnings ratio of 73.57, a PEG ratio of 1.20 and a beta of 1.19. 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 Inc. has a one year low of $138.10 and a one year high of $414.61.

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

Broadcom Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be given a dividend of $0.65 per share. This is a boost from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date is Monday, December 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. Broadcom’s dividend payout ratio is 54.62%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on AVGO shares. KeyCorp reaffirmed an “overweight” rating and set a $500.00 price objective (up from $460.00) on shares of Broadcom in a report on Friday, December 12th. JPMorgan Chase & Co. upped their price target on shares of Broadcom from $400.00 to $475.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. Argus raised their price objective on shares of Broadcom from $285.00 to $375.00 and gave the stock a “buy” rating in a report on Monday, September 8th. Rosenblatt Securities boosted 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, Morgan Stanley raised their price target on Broadcom from $443.00 to $462.00 and gave the stock an “overweight” rating in a report on Friday, December 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $436.33.

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.