Compound Planning Inc. has increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 18.9%, acquiring an additional 8,370 shares to own a total of 52,699 shares valued at approximately $17.39 million. This comes as institutional and brokerage interest in Broadcom remains high, with the stock recently upgraded to a “strong-buy” by Zacks and showing strong analyst targets implying over 30% upside. Broadcom also reported strong quarterly earnings, beating EPS estimates, and increased its quarterly dividend.
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Broadcom Inc. $AVGO Shares Acquired by Compound Planning Inc.
Compound Planning Inc. has increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 18.9%, acquiring an additional 8,370 shares to own a total of 52,699 shares valued at approximately $17.39 million. This comes as institutional and brokerage interest in Broadcom remains high, with the stock recently upgraded to a “strong-buy” by Zacks and showing strong analyst targets implying over 30% upside. Broadcom also reported strong quarterly earnings, beating EPS estimates, and increased its quarterly dividend.