Insider Selling: QUALCOMM (NASDAQ:QCOM) EVP Sells $577,608.90 in Stock

QUALCOMM Incorporated (NASDAQ:QCOMGet Free Report) EVP Akash Palkhiwala sold 3,333 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $173.30, for a total transaction of $577,608.90. Following the completion of the sale, the executive vice president owned 38,932 shares in the company, valued at $6,746,915.60. This represents a 7.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

QUALCOMM Stock Down 1.2%

Shares of NASDAQ:QCOM opened at $180.19 on Thursday. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The company has a market capitalization of $192.98 billion, a PE ratio of 36.85, a price-to-earnings-growth ratio of 4.00 and a beta of 1.21. 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 company has a fifty day moving average of $173.22 and a 200-day moving average of $165.09.

QUALCOMM (NASDAQ:QCOMGet Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. The business had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.QUALCOMM’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

Key QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

Institutional Trading of QUALCOMM

Several hedge funds have recently modified their holdings of QCOM. Harbor Capital Advisors Inc. raised its holdings in shares of QUALCOMM by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 65 shares during the period. Cloud Capital Management LLC bought a new stake in QUALCOMM in the 3rd quarter valued at about $27,000. Chung Wu Investment Group LLC acquired a new position in QUALCOMM during the 2nd quarter worth approximately $32,000. Harbor Asset Planning Inc. bought a new position in QUALCOMM in the second quarter worth approximately $32,000. Finally, Winnow Wealth LLC bought a new position in QUALCOMM in the second quarter worth approximately $32,000. Institutional investors own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. TD Cowen upped their price target on shares of QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Mizuho increased their price objective on QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Piper Sandler upped their price target on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Finally, UBS Group raised their price objective on QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $192.94.

Read Our Latest Stock Analysis on QCOM

About QUALCOMM

(Get Free Report)

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.

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Insider Buying and Selling by Quarter for QUALCOMM (NASDAQ:QCOM)

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