Silvant Capital Management LLC Acquires 9,324 Shares of Broadcom Inc. $AVGO

Silvant Capital Management LLC increased its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 3.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 282,358 shares of the semiconductor manufacturer’s stock after purchasing an additional 9,324 shares during the quarter. Broadcom accounts for approximately 3.3% of Silvant Capital Management LLC’s portfolio, making the stock its 7th biggest position. Silvant Capital Management LLC’s holdings in Broadcom were worth $93,153,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank acquired a new stake in Broadcom in the 2nd quarter valued at approximately $18,579,549,000. Vanguard Group Inc. lifted its stake in Broadcom by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock worth $133,261,046,000 after acquiring an additional 6,222,802 shares in the last quarter. Edgewood Management LLC acquired a new position in Broadcom during the 2nd quarter worth about $1,571,438,000. Massachusetts Financial Services Co. MA boosted its holdings in Broadcom by 115.5% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,017,340 shares of the semiconductor manufacturer’s stock valued at $1,658,680,000 after acquiring an additional 3,224,739 shares during the period. Finally, Invesco Ltd. boosted its holdings in Broadcom by 8.4% during the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock valued at $10,598,641,000 after acquiring an additional 2,978,768 shares during the period. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Analyst upgrade lifted the stock after a visible upgrade pushed buy interest and momentum. Broadcom Trading Up 4.6% Following Analyst Upgrade
• Positive Sentiment: RBC Capital Markets raised its price target and pointed to bullish FY27 commentary from Broadcom, reinforcing analyst confidence in the company’s AI revenue outlook. RBC Lifts Price Target
• Positive Sentiment: MarketBeat highlights Broadcom’s updated guidance and management comment that the company now sees line‑of‑sight to >$100B in AI chip revenue in 2027 — a major bullish catalyst for growth expectations and analyst price targets. Broadcom Eyes $100 Billion in AI Revenue
• Positive Sentiment: Several investment writeups (The Motley Fool, Zacks, Seeking Alpha) reiterate Broadcom as a top AI/custom‑silicon growth play, adding retail and institutional interest. These thematic buy arguments support higher valuation multiples. Fool: 3 Unstoppable AI Stocks
• Positive Sentiment: Sector peer strength: Marvell’s strong beat-and-raise and upgraded multi‑year guidance suggest the custom‑chip market is accelerating — a positive signal for Broadcom’s end markets and customer demand. Marvell’s Big Earnings Win
• Neutral Sentiment: Some data feeds show odd/erroneous short‑interest metrics (zero shares / NaN changes). That makes short‑interest signals unreliable in the near term. (Monitor for corrected filings.)
• Neutral Sentiment: Broad perspective pieces from Zacks and MarketBeat reiterate growth credentials and updated analyst targets; useful context but not new company‑level catalysts. Zacks: Top‑Ranked Growth Stock
• Negative Sentiment: Risk: management’s earlier comments about margin dilution from “systems” sales and rising memory costs remain potential downside if Broadcom can’t fully offset dilution (MarketBeat notes pricing to Anthropic may be helping, but the risk persists). Margin & Memory‑Price Risk

Insiders Place Their Bets

In other news, insider Charlie B. Kawwas sold 1,928 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.80, for a total transaction of $631,998.40. Following the completion of the sale, the insider 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Harry L. You purchased 1,000 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were bought at an average cost of $325.13 per share, for a total transaction of $325,130.00. Following the acquisition, the director owned 36,602 shares of the company’s stock, valued at approximately $11,900,408.26. The trade was a 2.81% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders sold 458,785 shares of company stock valued at $155,508,157. 1.90% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on AVGO shares. Benchmark reiterated a “buy” rating and set a $485.00 price target on shares of Broadcom in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft set a $430.00 price objective on shares of Broadcom and gave the company a “buy” rating in a report on Friday, December 12th. Truist Financial upped their target price on shares of Broadcom from $510.00 to $545.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Piper Sandler reissued an “overweight” rating and issued a $430.00 price target (up from $375.00) on shares of Broadcom in a research report on Friday, December 12th. Finally, Zacks Research downgraded shares of Broadcom from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $435.30.

Broadcom Price Performance

Shares of NASDAQ AVGO opened at $342.58 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. The stock’s 50-day simple moving average is $333.53 and its 200-day simple moving average is $344.23. The firm has a market capitalization of $1.62 trillion, a PE ratio of 66.91, a price-to-earnings-growth ratio of 0.79 and a beta of 1.22. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping the consensus estimate of $2.03 by $0.02. The firm had revenue of $19.31 billion for the quarter, compared to analyst estimates of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. Broadcom’s revenue for the quarter was up 29.5% compared to the same quarter last year. During the same period last year, the business earned $1.60 EPS. As a group, equities research analysts forecast that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be paid a $0.65 dividend. The ex-dividend date is Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. Broadcom’s payout ratio is currently 50.78%.

Broadcom 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.