Akash Palkhiwala Sells 2,500 Shares of Qualcomm (NASDAQ:QCOM) Stock

Qualcomm Incorporated (NASDAQ:QCOM) EVP Akash Palkhiwala sold 2,500 shares of the firm’s stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $130.34, for a total value of $325,850.00. Following the transaction, the executive vice president directly owned 30,684 shares in the company, valued at approximately $3,999,352.56. This represents a 7.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Performance

NASDAQ QCOM opened at $132.84 on Wednesday. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $205.95. The business’s 50-day moving average price is $134.85 and its 200 day moving average price is $157.00. The firm has a market cap of $141.74 billion, a P/E ratio of 27.45 and a beta of 1.28.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. During the same quarter last year, the company posted $3.41 earnings per share. The business’s revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities research analysts expect that Qualcomm Incorporated will post 9.39 earnings per share for the current year.

Qualcomm declared that its board has initiated a share buyback program on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On Qualcomm

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in Qualcomm by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 114,144,068 shares of the wireless technology company’s stock valued at $19,524,350,000 after buying an additional 647,076 shares in the last quarter. Geode Capital Management LLC lifted its stake in Qualcomm by 12.5% in the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock valued at $4,931,968,000 after buying an additional 3,221,924 shares in the last quarter. Wellington Management Group LLP lifted its stake in Qualcomm by 34.5% in the 4th quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock valued at $2,861,301,000 after buying an additional 4,290,622 shares in the last quarter. Norges Bank purchased a new stake in Qualcomm in the 4th quarter valued at approximately $2,591,056,000. Finally, Amundi lifted its stake in Qualcomm by 9.9% in the 3rd quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after buying an additional 1,138,541 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm expanded its long‑term Bosch tie‑up into advanced driver‑assistance systems (ADAS), rolling out Snapdragon Digital Chassis software to power smarter, software‑defined vehicles — a meaningful revenue and TAM expansion for automotive semiconductors. Can Qualcomm’s Deepen Long-Term Tie-Up With Bosch Drive Its Shares?
• Positive Sentiment: The company’s board has authorized a $20 billion buyback program (announced March 17), which reduces share count and signals management believes shares are undervalued — a clear support for the stock. Qualcomm Stock Profile
• Positive Sentiment: Recent bullish write‑ups argue Qualcomm is a high‑quality buying opportunity given its semiconductor/IP mix, strong ROE and longer‑term growth in automotive, IoT and AI edge use cases. Why Qualcomm (QCOM) Is a Top Quality Stock to Buy Now?
• Neutral Sentiment: Valuation/price action coverage notes the recent pullback and asks whether current levels represent value — useful context for investors but not an immediate catalyst. Is Qualcomm (QCOM) Offering Value After Its Recent Share Price Weakness?
• Neutral Sentiment: An EVP executed a Rule 10b5‑1 sale of 2,500 shares at about $130 — disclosed to the market but described as pre‑arranged, so it’s likely neutral for fundamentals. SEC Filing — Insider Sale
• Negative Sentiment: Several analysts have trimmed price targets and ratings (RBC, Mizuho, Daiwa, Zacks cuts cited), which can cap near‑term upside and increases the risk of further downward pressure if guidance or macro data disappoint. Analyst Coverage and Price Target Moves

Analysts Set New Price Targets

A number of brokerages have weighed in on QCOM. JPMorgan Chase & Co. lowered their price objective on Qualcomm from $195.00 to $185.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Cantor Fitzgerald lowered their price objective on Qualcomm from $185.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. UBS Group reaffirmed a “neutral” rating on shares of Qualcomm in a report on Monday, February 2nd. Seaport Research Partners reaffirmed a “sell” rating and issued a $100.00 price objective on shares of Qualcomm in a report on Monday, March 16th. Finally, Bank of America began coverage on Qualcomm in a report on Tuesday, March 10th. They issued an “underperform” rating and a $145.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $163.77.

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.