Insider Selling: QUALCOMM (NASDAQ:QCOM) EVP Sells $438,400.00 in Stock

QUALCOMM Incorporated (NASDAQ:QCOMGet Free Report) EVP Heather Ace sold 3,200 shares of QUALCOMM stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at $2,245,841. This trade represents a 16.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

QUALCOMM Price Performance

QUALCOMM stock opened at $141.04 on Thursday. 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 $120.80 and a 52-week high of $205.95. The firm has a market cap of $150.49 billion, a PE ratio of 29.14, a price-to-earnings-growth ratio of 6.93 and a beta of 1.22. The company’s 50 day moving average is $165.26 and its two-hundred day moving average is $164.56.

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

QUALCOMM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s dividend payout ratio (DPR) is presently 73.55%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. TD Cowen reduced their target price on shares of QUALCOMM from $190.00 to $150.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. JPMorgan Chase & Co. reduced their price objective on shares of QUALCOMM from $195.00 to $185.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Argus decreased their price objective on shares of QUALCOMM from $205.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Finally, Bank of America downgraded QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 price target for the company. in a report on Thursday, February 5th. Ten research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, QUALCOMM currently has an average rating of “Hold” and a consensus price target of $164.67.

Read Our Latest Report on QCOM

Institutional Trading of QUALCOMM

Several institutional investors and hedge funds have recently made changes to their positions in the company. Stirlingshire Investments Inc. purchased a new position in QUALCOMM during the 4th quarter worth approximately $230,000. CSM Advisors LLC boosted its holdings in shares of QUALCOMM by 16.6% in the fourth quarter. CSM Advisors LLC now owns 233,324 shares of the wireless technology company’s stock valued at $39,909,000 after acquiring an additional 33,275 shares during the period. ARK Investment Management LLC grew its position in shares of QUALCOMM by 13.0% during the fourth quarter. ARK Investment Management LLC now owns 250,168 shares of the wireless technology company’s stock worth $42,791,000 after acquiring an additional 28,742 shares during the last quarter. Gateway Wealth Partners LLC increased its holdings in shares of QUALCOMM by 5.2% in the 4th quarter. Gateway Wealth Partners LLC now owns 2,926 shares of the wireless technology company’s stock valued at $500,000 after acquiring an additional 144 shares during the period. Finally, Picton Mahoney Asset Management purchased a new stake in QUALCOMM in the 4th quarter valued at $9,016,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

QUALCOMM Company Profile

(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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