QUALCOMM (NASDAQ:QCOM) EVP Alexander Rogers Sells 15,917 Shares

QUALCOMM Incorporated (NASDAQ:QCOM) EVP Alexander Rogers sold 15,917 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the transaction, the executive vice president owned 26,071 shares in the company, valued at approximately $4,640,898.71. This represents a 37.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

QUALCOMM Stock Down 2.1%

NASDAQ:QCOM traded down $3.78 during trading hours on Wednesday, reaching $172.34. The company’s stock had a trading volume of 8,497,103 shares, compared to its average volume of 8,739,054. The company has a market capitalization of $184.58 billion, a P/E ratio of 35.24, a price-to-earnings-growth ratio of 3.93 and a beta of 1.22. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The stock has a 50 day moving average price of $171.15 and a two-hundred day moving average price of $162.75.

QUALCOMM (NASDAQ:QCOM) last announced its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $0.13. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The business had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. During the same quarter last year, the firm earned $2.69 EPS. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.1%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s payout ratio is 72.80%.

Institutional Trading of QUALCOMM

A number of institutional investors have recently bought and sold shares of QCOM. Vanguard Group Inc. lifted its stake in shares of QUALCOMM by 0.3% during the second quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock worth $18,260,635,000 after buying an additional 290,799 shares during the period. Kingstone Capital Partners Texas LLC lifted its position in QUALCOMM by 656,661.0% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock worth $9,360,274,000 after acquiring an additional 58,764,593 shares during the period. State Street Corp lifted its position in QUALCOMM by 0.8% during the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock worth $8,547,014,000 after acquiring an additional 420,352 shares during the period. Norges Bank purchased a new stake in QUALCOMM during the 2nd quarter valued at about $2,713,603,000. Finally, Amundi increased its holdings in shares of QUALCOMM by 9.9% in the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after purchasing an additional 1,138,541 shares during the period. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

QCOM has been the subject of a number of recent research reports. Cantor Fitzgerald reiterated a “neutral” rating and issued a $185.00 target price on shares of QUALCOMM in a report on Tuesday. Piper Sandler boosted their price objective on shares of QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Susquehanna set a $210.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of QUALCOMM in a research note on Monday. Finally, Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, QUALCOMM has an average rating of “Moderate Buy” and an average target price of $192.94.

QUALCOMM Company Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.