Why Did Stan Druckenmiller Sell Broadcom Stock?
In Q3, legendary macro investor Stan Druckenmiller sold his entire…
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $57.5M | $61.2M | $62.4M | $83.2M | $103.3M | |
| Revenue Growth (YoY) | 5.31% | 6.35% | 1.92% | 33.43% | 24.14% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $99K | -- | -- | -$1.2M | -- | |
| Operating Expenses | -$12.6M | -$19.5M | -$18.4M | -$15M | -$17.8M | |
| Operating Income | $12.6M | $19.5M | $18.4M | $15M | $17.8M | |
| Net Interest Expenses | $544K | $416K | $1M | $5.5M | $4M | |
| EBT. Incl. Unusual Items | $12.6M | $19.6M | $18.4M | $15M | $17.8M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $2.5M | $4.2M | $3.8M | $3.2M | $3.8M | |
| Net Income to Company | $10.1M | $15.5M | $14.6M | $11.8M | $14M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $10.1M | $15.5M | $14.6M | $11.8M | $14M | |
| Basic EPS (Cont. Ops) | $1.36 | $2.06 | $1.94 | $1.56 | $1.83 | |
| Diluted EPS (Cont. Ops) | $1.35 | $2.05 | $1.92 | $1.55 | $1.81 | |
| Weighted Average Basic Share | $7.4M | $7.5M | $7.5M | $7.6M | $7.6M | |
| Weighted Average Diluted Share | $7.5M | $7.5M | $7.6M | $7.6M | $7.7M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $16.4M | $21.9M | $21.6M | $38.8M | $55.2M | |
| Revenue (Reported) | $57.5M | $61.2M | $62.4M | $83.2M | $103.3M | |
| Operating Income (Reported) | $12.6M | $19.5M | $18.4M | $15M | $17.8M | |
| Operating Income (Adjusted) | $16.4M | $21.9M | $21.6M | $38.8M | $55.2M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $16.5M | $16M | $20.6M | $26.7M | $29.4M | |
| Revenue Growth (YoY) | 11.21% | -2.92% | 28.56% | 29.85% | 9.88% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -$1.2M | -- | -- | |
| Operating Expenses | -$6.1M | -$5M | -$2.2M | -$5M | -$7.2M | |
| Operating Income | $6.1M | $5M | $2.2M | $5M | $7.2M | |
| Net Interest Expenses | $104K | $191K | $1.4M | $956K | $273K | |
| EBT. Incl. Unusual Items | $6.1M | $5M | $2.2M | $5M | $6.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $1.3M | $1.1M | $464K | $1.1M | $1.4M | |
| Net Income to Company | $4.7M | $4M | $1.8M | $3.9M | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $4.7M | $4M | $1.8M | $3.9M | $5.2M | |
| Basic EPS (Cont. Ops) | $0.63 | $0.52 | $0.23 | $0.51 | $0.68 | |
| Diluted EPS (Cont. Ops) | $0.63 | $0.52 | $0.23 | $0.50 | $0.67 | |
| Weighted Average Basic Share | $7.5M | $7.5M | $7.6M | $7.6M | $7.7M | |
| Weighted Average Diluted Share | $7.6M | $7.6M | $7.7M | $7.7M | $7.8M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $6.6M | $5.6M | $8.9M | $14.8M | $15.5M | |
| Revenue (Reported) | $16.5M | $16M | $20.6M | $26.7M | $29.4M | |
| Operating Income (Reported) | $6.1M | $5M | $2.2M | $5M | $7.2M | |
| Operating Income (Adjusted) | $6.6M | $5.6M | $8.9M | $14.8M | $15.5M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $61.1M | $60.3M | $77.1M | $100.1M | $111.7M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -$1.2M | -- | -- | |
| Operating Expenses | -$19M | -$18.1M | -$16.4M | -$16.5M | -$24.7M | |
| Operating Income | $19M | $18.1M | $16.4M | $16.5M | $24.7M | |
| Net Interest Expenses | $422K | $529K | $4.8M | $4.7M | $1.5M | |
| EBT. Incl. Unusual Items | $19M | $18.2M | $16.1M | $16.5M | $23.9M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $4.1M | $3.7M | $3.5M | $3.5M | $5.2M | |
| Net Income to Company | $15M | $14.5M | $12.6M | $13M | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $15M | $14.5M | $12.6M | $13M | $18.6M | |
| Basic EPS (Cont. Ops) | $2.00 | $1.93 | $1.67 | $1.71 | $2.43 | |
| Diluted EPS (Cont. Ops) | $1.99 | $1.91 | $1.65 | $1.69 | $2.39 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $21.5M | $20.2M | $33.3M | $53M | $59.5M | |
| Revenue (Reported) | $61.1M | $60.3M | $77.1M | $100.1M | $111.7M | |
| Operating Income (Reported) | $19M | $18.1M | $16.4M | $16.5M | $24.7M | |
| Operating Income (Adjusted) | $21.5M | $20.2M | $33.3M | $53M | $59.5M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $46M | $45M | $59.7M | $76.6M | $84.7M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -$1.2M | -- | -- | |
| Operating Expenses | -$14.7M | -$13.3M | -$11.2M | -$12.4M | -$19M | |
| Operating Income | $14.7M | $13.3M | $11.2M | $12.4M | $19M | |
| Net Interest Expenses | $313K | $426K | $4.1M | $3.3M | $811K | |
| EBT. Incl. Unusual Items | $14.7M | $13.3M | $10.9M | $12.4M | $18.5M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $3.1M | $2.7M | $2.3M | $2.7M | $4.1M | |
| Net Income to Company | $11.5M | $10.6M | $8.5M | $9.7M | $9.2M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $11.5M | $10.6M | $8.5M | $9.7M | $14.4M | |
| Basic EPS (Cont. Ops) | $1.54 | $1.40 | $1.13 | $1.28 | $1.87 | |
| Diluted EPS (Cont. Ops) | $1.53 | $1.39 | $1.12 | $1.26 | $1.85 | |
| Weighted Average Basic Share | $22.5M | $22.6M | $22.7M | $22.8M | $23M | |
| Weighted Average Diluted Share | $22.6M | $22.8M | $23M | $23.1M | $23.4M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $16.4M | $14.7M | $26.4M | $40.5M | $44.9M | |
| Revenue (Reported) | $46M | $45M | $59.7M | $76.6M | $84.7M | |
| Operating Income (Reported) | $14.7M | $13.3M | $11.2M | $12.4M | $19M | |
| Operating Income (Adjusted) | $16.4M | $14.7M | $26.4M | $40.5M | $44.9M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $18.9M | $22M | $24.5M | $27.9M | $26.4M | |
| Short Term Investments | $359.9M | $564.8M | $331.9M | $282.2M | $7.8M | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $66.8M | $70.2M | $38.3M | $95.3M | $156.5M | |
| Property Plant And Equipment | $37.5M | $35.7M | $34M | $33.8M | $32.5M | |
| Long-Term Investments | $92.1M | $55M | $18.6M | $77.7M | $136.7M | |
| Goodwill | $14.6M | $14.6M | $14.6M | $14.6M | $14.6M | |
| Other Intangibles | $1.1M | $919K | $761K | $604K | $446K | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $1.4B | $1.6B | $1.7B | $1.8B | $2B | |
| Accounts Payable | -- | -- | -- | -- | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | $50M | $90M | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $947.6M | $1.1B | $1.3B | $1.5B | $1.3B | |
| Long-Term Debt | $17.8M | $17.7M | $17.5M | $18M | $17.2M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.3B | $1.4B | $1.6B | $1.7B | $1.8B | |
| Common Stock | $7.5M | $7.5M | $7.6M | $7.6M | $7.6M | |
| Other Common Equity Adj | $11.3M | $3.3M | -$32.4M | -$28.2M | -$25.5M | |
| Common Equity | $136.3M | $141M | $118.4M | $131.1M | $144.5M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $136.3M | $141M | $118.4M | $131.1M | $144.5M | |
| Total Liabilities and Equity | $1.4B | $1.6B | $1.7B | $1.8B | $2B | |
| Cash and Short Terms | $424.9M | $633.9M | $369.3M | $376.9M | $157.6M | |
| Total Debt | $17.8M | $17.7M | $17.5M | $18M | $17.2M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $24.4M | $21M | $27.8M | $27.1M | $30.4M | |
| Short Term Investments | $513.5M | $338.4M | $280.5M | $269.6M | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $81.5M | $39.2M | $101.4M | $172M | $193.8M | |
| Property Plant And Equipment | $35.8M | $34.8M | $34.3M | $32.6M | $31.5M | |
| Long-Term Investments | $62.2M | $19.8M | $85.4M | $153.3M | $175.3M | |
| Goodwill | $14.6M | $14.6M | $14.6M | $14.6M | -- | |
| Other Intangibles | $959K | $801K | $643K | $486K | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $1.6B | $1.7B | $1.8B | $1.9B | $2.1B | |
| Accounts Payable | -- | -- | -- | -- | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $1.1B | $1.2B | $1.3B | $1.3B | $1.5B | |
| Long-Term Debt | $17.9M | $18M | $18.4M | $17.6M | $17.3M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.4B | $1.5B | $1.7B | $1.8B | $1.9B | |
| Common Stock | $7.5M | $7.6M | $7.6M | $7.6M | $7.7M | |
| Other Common Equity Adj | $4.6M | -$33.3M | -$33.1M | -$23.2M | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $139.1M | $114.1M | $123.6M | $143.3M | $161.6M | |
| Total Liabilities and Equity | $1.6B | $1.7B | $1.8B | $1.9B | $2.1B | |
| Cash and Short Terms | $593.2M | $376.6M | $378M | $441.1M | -- | |
| Total Debt | $17.9M | $18M | $18.4M | $17.6M | $17.3M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $10.1M | $15.5M | $14.6M | $11.8M | $14M | |
| Depreciation & Amoritzation | $2M | $1.9M | $1.8M | $1.9M | $1.9M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $16.8M | $20M | $16.8M | $14.9M | $10.9M | |
| Capital Expenditures | $1.1M | $1.7M | $1.2M | $1.1M | $1.1M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$205.4M | -$198.4M | -$157.4M | -$92.3M | -$67.6M | |
| Dividends Paid (Ex Special Dividend) | $3.6M | $3.6M | $3.9M | $4.2M | $4.4M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $34M | -- | $118M | $289M | -- | |
| Long-Term Debt Repaid | -$34.2M | -- | -$68M | -$249M | -$90M | |
| Repurchase of Common Stock | $15K | $70K | $42K | $121K | $119K | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $205.9M | $182.4M | $109M | $134.7M | $111.9M | |
| Beginning Cash (CF) | $47.7M | $65M | $69M | $37.4M | $94.7M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $17.3M | $4M | -$31.6M | $57.3M | $55.1M | |
| Ending Cash (CF) | $65M | $69M | $37.4M | $94.7M | $149.8M | |
| Levered Free Cash Flow | $15.7M | $18.4M | $15.6M | $13.8M | $9.8M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $4.7M | $4M | $1.8M | $3.9M | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $7.3M | $6.3M | $4.3M | $9.1M | $9.2M | |
| Capital Expenditures | $209K | $338K | $255K | $179K | $122K | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$45.9M | -$40.9M | -$14.5M | $865K | -$10.7M | |
| Dividends Paid (Ex Special Dividend) | $899K | $978K | $1.1M | $1.1M | $1.2M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | $40M | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -$55M | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -$333K | |
| Other Financing Activities | -- | -- | -- | $8.1M | -- | |
| Cash From Financing | $42.3M | -$31.6M | $50.6M | $50M | $11.6M | |
| Beginning Cash (CF) | $76M | $104.4M | $57M | $111.5M | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $3.7M | -$66.2M | $40.5M | $60M | $10.1M | |
| Ending Cash (CF) | $79.7M | $38.3M | $97.5M | $171.5M | -- | |
| Levered Free Cash Flow | $7.1M | $6M | $4.1M | $8.9M | $9M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $15M | $14.5M | $12.6M | $13M | -- | |
| Depreciation & Amoritzation | $1.9M | $1.9M | $1.9M | $1.9M | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $21.3M | $17.3M | $11.8M | $22.1M | $8.2M | |
| Capital Expenditures | $836K | $1.8M | $1.6M | $905K | $837K | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$235.2M | -$173.7M | -$78.9M | -$70.4M | -$88.2M | |
| Dividends Paid (Ex Special Dividend) | $3.6M | $3.8M | $4.2M | $4.3M | $4.7M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | $387M | $20M | -- | |
| Long-Term Debt Repaid | -- | -- | -$307M | -$50M | -- | |
| Repurchase of Common Stock | $70K | $42K | $139K | $195K | -$94K | |
| Other Financing Activities | -- | -- | -- | $8.1M | -- | |
| Cash From Financing | $170.1M | $114.9M | $126.3M | $122.3M | $102.1M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$43.8M | -$41.4M | $59.2M | $74M | $22.1M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $20.5M | $15.5M | $10.3M | $21.2M | $7.4M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $11.5M | $10.6M | $8.5M | $9.7M | $9.2M | |
| Depreciation & Amoritzation | $488K | $476K | $466K | $463K | $934K | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $15.1M | $12.4M | $7.4M | $14.7M | $12M | |
| Capital Expenditures | $486K | $638K | $966K | $800K | $540K | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$161.4M | -$136.7M | -$58.2M | -$36.2M | -$56.8M | |
| Dividends Paid (Ex Special Dividend) | $2.7M | $2.9M | $3.2M | $3.3M | $3.5M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | $269M | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -$239M | -$40M | -- | |
| Repurchase of Common Stock | $70K | $42K | $139K | $213K | -- | |
| Other Financing Activities | -- | -- | -$28K | $8M | -- | |
| Cash From Financing | $161M | $93.5M | $110.8M | $98.4M | $88.5M | |
| Beginning Cash (CF) | $253.8M | $274.2M | $182.1M | $349.8M | $349.7M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $14.7M | -$30.8M | $60.1M | $76.8M | $43.8M | |
| Ending Cash (CF) | $268.5M | $243.4M | $242.1M | $426.6M | $383.3M | |
| Levered Free Cash Flow | $14.6M | $11.8M | $6.5M | $13.9M | $11.5M | |
Signup to receive the latest stock alerts
In Q3, legendary macro investor Stan Druckenmiller sold his entire…
AI cloud computing business CoreWeave (NASDAQ:CRWV) has been through a…
In Q3, billionaire Stan Druckenmiller bought about 4,620 shares of…
Market Cap: $4.6T
P/E Ratio: 64x
Market Cap: $3.9T
P/E Ratio: 36x
Market Cap: $3.8T
P/E Ratio: 39x
Regencell Bioscience Holdings Ltd. [RGC] is up 22.74% over the past day.
Innodata, Inc. [INOD] is up 4.84% over the past day.
AeroVironment, Inc. [AVAV] is up 6.62% over the past day.