Silvant Capital Management LLC Buys 13,787 Shares of Broadcom Inc. $AVGO

Key Points

• Silvant Capital Management boosted its Broadcom stake by 5%, buying 13,787 shares to hold 286,821 shares valued at about $94.6 million, making AVGO roughly 3.3% of its portfolio and its seventh-largest holding.
• Broadcom beat expectations with $19.31 billion in revenue (up 29.5% year‑over‑year) and $2.05 EPS, and analysts remain largely bullish — consensus rating "Moderate Buy" with an average price target of $435.30 and several firms increasing targets (Rosenblatt to $500).
• Despite heavy institutional ownership (76.4%) and AI/product catalysts (Meta inference partnership, new optical/AI hardware), insiders sold a large amount last quarter (385,921 shares worth about $131.2 million); the company also declared a $0.65 quarterly dividend (0.8% yield).

Silvant Capital Management LLC increased its position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 5.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 286,821 shares of the semiconductor manufacturer's stock after buying an additional 13,787 shares during the quarter. Broadcom accounts for about 3.3% of Silvant Capital Management LLC's portfolio, making the stock its 7th biggest holding. Silvant Capital Management LLC's holdings in Broadcom were worth $94,625,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Broadcom by 1.3% in the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer's stock worth $133,261,046,000 after purchasing an additional 6,222,802 shares in the last quarter. State Street Corp increased its stake in Broadcom by 0.5% in the 2nd 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 last quarter. Norges Bank bought a new stake in Broadcom during the 2nd quarter worth about $18,579,549,000. Invesco Ltd. lifted its position in Broadcom by 1.8% during the 3rd quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer's stock worth $12,915,861,000 after buying an additional 700,021 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Broadcom by 1.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 34,474,085 shares of the semiconductor manufacturer's stock valued at $9,501,590,000 after acquiring an additional 621,775 shares in the last quarter. Institutional investors and hedge funds own 76.43% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Mizuho set a $480.00 target price on Broadcom and gave the stock an "outperform" rating in a report on Friday, January 9th. Rosenblatt Securities boosted their target price on shares of Broadcom from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. Weiss Ratings reiterated a "buy (b)" rating on shares of Broadcom in a research note on Monday, December 29th. The Goldman Sachs Group restated a "buy" rating and set a $450.00 price objective on shares of Broadcom in a research note on Monday, January 5th. Finally, Zacks Research lowered 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 given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $435.30.

Insider Transactions at Broadcom

In other Broadcom news, insider Mark David Brazeal sold 30,000 shares of the stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the transaction, the insider owned 210,573 shares in the company, valued at $73,094,099.76. This trade represents a 12.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total value of $10,434,600.00. Following the sale, the chief financial officer directly owned 277,237 shares of the company's stock, valued at $96,428,573.34. This represents a 9.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 385,921 shares of company stock worth $131,232,806 over the last quarter. 1.90% of the stock is currently owned by corporate insiders.

Broadcom Stock Down 1.1%

Shares of AVGO opened at $321.31 on Wednesday. The firm has a market cap of $1.52 trillion, a P/E ratio of 62.76, a price-to-earnings-growth ratio of 0.70 and a beta of 1.22. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90. Broadcom Inc. has a 52 week low of $138.10 and a 52 week high of $414.61. The firm's 50-day simple moving average is $331.91 and its 200 day simple moving average is $345.27.

Broadcom (NASDAQ:AVGO - Get Free Report) last issued its quarterly earnings data 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 net margin of 36.57% and a return on equity of 38.61%. The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same period last year, the business posted $1.60 earnings per share. The business's revenue for the quarter was up 29.5% compared to the same quarter last year. On average, analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current 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 issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, March 23rd. Broadcom's dividend payout ratio is currently 50.78%.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Meta publicly confirms the MTIA partnership with Broadcom, validating Broadcom’s role as a supplier for Meta’s custom inference chips and supporting recurring design wins and long‑term inference demand. This reinforces Broadcom’s AI revenue narrative. META MTIA blog
• Positive Sentiment: Product roadmap and standards progress: Broadcom unveiled new 400G optical DSP, 102.4T switches and 3.5D XPU at OFC and is active in forming the 400G Optical MSA and the Optical Compute Interconnect consortium — moves that cement its position in AI datacenter networking and could support higher ASPs and share gains. Zacks: AVGO boosts AI growth Yahoo: Broadcom AI alliances
• Positive Sentiment: Analyst momentum and targets: multiple price‑target hikes and buy reiterations (including Rosenblatt raising its target and retaining Buy) are boosting the bullish case on AVGO’s AI growth potential. Analyst optimism can support near‑term demand from institutional buyers. InsiderMonkey: Rosenblatt lifts PT Blockonomi: five PT hikes
• Positive Sentiment: Buyback and capital return commentary: coverage notes Broadcom is stepping up buybacks — a supportive corporate action for EPS and shareholder returns that can underpin valuation during choppy trading. MarketBeat: buyback report
• Neutral Sentiment: Congressional purchases: multiple members disclosed buys of AVGO over the past 90 days — a signal that can attract attention but is lagged (45‑day disclosures) and not a definitive trading signal.
• Neutral Sentiment: Sector ripple effects: Broadcom’s earnings commentary helped lift specialty networking names (Credo, Astera), underscoring demand for datacenter connectivity, though these moves reflect ecosystem dynamics rather than direct AVGO revenue this quarter. MarketBeat: Credo/Astera
• Neutral Sentiment: Short interest data reported for March is inconsistent/garbled in the release and does not provide a clear signal on bearish positioning today.
• Negative Sentiment: Meta’s announcement omitted a GenAI training (Olympus) chip — reinforcing reports that Meta has slowed its training‑chip roadmap. That could delay a potential training‑chip revenue stream for Broadcom and push monetization further out. META MTIA blog
• Negative Sentiment: Contrarian views and downgrades: some commentary (e.g., a Seeking Alpha rethink/downgrade piece) highlights valuation, execution risk and investor sentiment as reasons to be cautious — such coverage can pressure the stock amid choppy trading. Seeking Alpha: rethink/downgrade

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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