Akash Palkhiwala Sells 2,538 Shares of QUALCOMM (NASDAQ:QCOM) Stock

QUALCOMM Incorporated (NASDAQ:QCOM) EVP Akash Palkhiwala sold 2,538 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $175.95, for a total value of $446,561.10. Following the completion of the transaction, the executive vice president directly owned 42,265 shares in the company, valued at approximately $7,436,526.75. The trade was a 5.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

QUALCOMM Stock Performance

Shares of QCOM opened at $175.25 on Friday. 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 of $171.84 and a two-hundred day moving average of $163.19. The stock has a market cap of $187.69 billion, a P/E ratio of 35.84, a P/E/G ratio of 3.84 and a beta of 1.22. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $10.74 billion. During the same period in the prior year, the company earned $2.69 earnings per share. The company’s revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were issued a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Thursday, December 4th. QUALCOMM’s dividend payout ratio is 72.80%.

Hedge Funds Weigh In On QUALCOMM

A number of hedge funds have recently bought and sold shares of QCOM. Guinness Asset Management LTD increased its stake in shares of QUALCOMM by 11.6% in the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock worth $8,824,000 after acquiring an additional 5,779 shares during the last quarter. CORDA Investment Management LLC. increased its position in QUALCOMM by 18.6% during the second quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock worth $3,579,000 after purchasing an additional 3,524 shares during the last quarter. Westerkirk Capital Inc. purchased a new position in QUALCOMM during the second quarter worth about $4,539,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in QUALCOMM during the second quarter worth about $3,896,000. Finally, Great Lakes Retirement Inc. boosted its holdings in QUALCOMM by 8.0% in the 2nd quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company’s stock valued at $3,454,000 after purchasing an additional 1,610 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM News Summary

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Qualcomm completed its acquisition of Alphawave Semi roughly a quarter ahead of schedule — the deal adds high‑speed connectivity IP and appoints Alphawave CEO Tony Pialis to lead Qualcomm’s data‑center business, accelerating Qualcomm’s push beyond handsets into higher‑growth data‑center markets. Qualcomm Completes Acquisition of Alphawave Semi
• Positive Sentiment: Market reaction: coverage and trading show shares rose after the Alphawave deal as investors rewarded the strategic expansion into data‑center chips and connectivity IP — supporting the view of a re‑rating away from a pure handset story. Qualcomm Stock Rises After $2.4 Billion Alphawave Semi Deal
• Positive Sentiment: Recent performance: research notes and screens point to Qualcomm outperforming broader market moves recently, reflecting investor interest in its expanding end markets and improving revenue mix. Qualcomm (QCOM) Surpasses Market Returns
• Neutral Sentiment: Valuation and analyst views are mixed — commentary notes Qualcomm’s P/E is at decade highs as the market re‑rates the name; some firms remain cautious (Cantor Fitzgerald neutral) while others keep buy views and higher targets, so continued execution in 2026 will be critical to justify the multiple. Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?
• Negative Sentiment: Insider selling: EVP Ann Chaplin sold 7,180 shares (~$1.28M) earlier this week (reported), trimming her stake ~23% — insider sales can be read as profit‑taking and may create short‑term investor caution. QUALCOMM (NASDAQ:QCOM) EVP Ann Chaplin Sells 7,180 Shares
• Negative Sentiment: Another EVP, Akash J. Palkhiwala, sold 2,538 shares (~$447k) — additional insider sales add to the narrative of executives taking gains ahead of the new year. SEC filing: Insider Sale

Analyst Ratings Changes

A number of research firms recently issued reports on QCOM. TD Cowen boosted their target price 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. Arete Research set a $200.00 price objective on QUALCOMM in a report on Tuesday, August 26th. Susquehanna set a $210.00 target price on QUALCOMM in a report on Thursday, November 6th. Bank of America lifted their price target on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Piper Sandler boosted their price target on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.94.

QUALCOMM Company Profile

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.