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Broadcom beat earnings estimates in Q3 2026, boosting stock and dividend, despite insider sales.
In early 2026, Broadcom Inc. (AVGO) reported strong Q3 earnings with $1.95 EPS and $18.02B in revenue, up 28.2% year-over-year, leading to a consensus "Buy" rating and a $437.28 average price target.
The company’s stock, valued at $1.57T market cap, opened at $331.30, with a 52-week range of $138.10 to $414.61.
While Robocap Asset Management increased its stake to 2,800 shares, Commerzbank and Cullen Frost Bankers reduced holdings, and insiders sold $284 million in shares, including significant sales by CEO Hock E. Tan and CFO Kirsten M. Spears.
Broadcom raised its quarterly dividend to $0.65, yielding 0.8%.
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Broadcom superó las estimaciones de ganancias en el tercer trimestre de 2026, impulsando las acciones y los dividendos, a pesar de las ventas internas.