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Broadcom Inc. sees increased investor stakes and strong earnings, despite insider sales.
Several institutional investors increased their stakes in Broadcom Inc., a leading semiconductor manufacturer, during the second quarter.
Broadcom's stock has performed well, with a 36.9% increase in the first quarter.
The company reported strong earnings of $1.69 per share, exceeding analyst expectations, and has a market cap of $1.69 trillion.
Despite insider sales, analysts maintain a "Buy" rating with a price target of $354.04.
Broadcom also declared a quarterly dividend of $0.59 per share, payable on September 30.
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Broadcom Inc. ve un aumento de las apuestas de los inversores y fuertes ganancias, a pesar de las ventas internas.