Rep. Maria Elvira Salazar Sells Off Shares of Qualcomm Incorporated (NASDAQ:QCOM)

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of Qualcomm Incorporated (NASDAQ:QCOM). In a filing disclosed on September 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Qualcomm stock on August 19th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Moderna (NASDAQ:MRNA) on 8/19/2026.
• Purchased $1,001 – $15,000 in shares of Moderna (NASDAQ:MRNA) on 8/19/2026.
• Purchased $15,001 – $50,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 8/19/2026.
• Sold $15,001 – $50,000 in shares of Chubb (NYSE:CB) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Qualcomm (NASDAQ:QCOM) on 8/12/2026.
• Purchased $1,001 – $15,000 in shares of SpaceX (NASDAQ:SPCX) on 8/12/2026.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 8/7/2026.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 7/28/2026.
• Purchased $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 7/28/2026.

Qualcomm Trading Up 2.9%

Shares of NASDAQ QCOM opened at $181.97 on Friday. The firm has a market capitalization of $191.11 billion, a PE ratio of 21.06, a PEG ratio of 3.69 and a beta of 1.68. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The business has a 50-day moving average price of $168.45 and a two-hundred day moving average price of $170.82. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The company had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. During the same period last year, the company posted $2.77 earnings per share. The company’s revenue was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, analysts predict that Qualcomm Incorporated will post 7.74 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be given a dividend of $0.92 per share. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.0%. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm secured a multi-generational custom-silicon partnership with Qualcomm’s AWS Deal Takes Aim at Nvidia, But Comes With Fine Print Amazon Web Services. The deal provides significant validation from a major AI infrastructure customer and strengthens Qualcomm’s challenge to Nvidia in data-center computing. Qualcomm’s CFO is reportedly targeting roughly $5 billion in future data-center revenue, adding to the growth narrative.
• Positive Sentiment: Investors increasingly view automotive and data-center chips as potential growth engines that can offset slowing handset sales. Analysts and market commentary suggest the AWS agreement could lead to upward estimate revisions if Qualcomm converts the partnership into meaningful, recurring deployments. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• Neutral Sentiment: Rosenblatt Securities reaffirmed its “Buy” rating, while Piper Sandler moved Qualcomm to “Hold.” The mixed analyst actions indicate optimism about the longer-term diversification story but limited certainty about near-term earnings growth.
• Neutral Sentiment: The AWS announcement is strategically important, but reports caution that the partnership’s structure and execution timetable could limit its immediate revenue impact. Qualcomm’s valuation and future upside therefore depend on actual customer volumes and revised forecasts, not simply the headline design win.
• Negative Sentiment: Apple’s iPhone 18 Pro includes Apple’s in-house C2 modem, signaling continued efforts to reduce reliance on Qualcomm. Although the iPhone 18 Pro Max may still use Qualcomm technology in some markets, further modem insourcing presents a long-term risk to Qualcomm’s handset revenue and margins. iPhone 18 Pro Debuts C2 Modem
• Negative Sentiment: Qualcomm’s latest quarterly results showed weaker year-over-year earnings and revenue, while earnings per share narrowly missed estimates. That performance, combined with a handset business described as shrinking, leaves investors dependent on automotive, IoT and data-center expansion to sustain the recovery.

Institutional Trading of Qualcomm

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Your Advocates Ltd. LLP bought a new position in Qualcomm during the first quarter valued at about $26,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. bought a new stake in shares of Qualcomm during the fourth quarter valued at approximately $31,000. Commonwealth Retirement Investments LLC bought a new position in Qualcomm in the fourth quarter worth $32,000. Finally, ABS Investment Management LLC acquired a new stake in Qualcomm during the second quarter worth $34,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the stock. Guggenheim set a $200.00 target price on shares of Qualcomm in a research report on Monday, June 22nd. Susquehanna cut their price objective on Qualcomm from $190.00 to $160.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qualcomm in a report on Wednesday, June 24th. Monness Crespi & Hardt raised shares of Qualcomm to a “buy” rating in a report on Thursday, June 25th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $235.00 target price on shares of Qualcomm in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $204.10.

Insider Transactions at Qualcomm

In other news, CAO Patricia Grech sold 625 shares of Qualcomm stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $162.85, for a total transaction of $101,781.25. Following the sale, the chief accounting officer directly owned 208 shares in the company, valued at approximately $33,872.80. The trade was a 75.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather Ace sold 3,200 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the completion of the sale, the executive vice president directly owned 36,535 shares in the company, valued at approximately $5,372,106.40. The trade was a 8.05% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 11,533 shares of company stock valued at $1,924,969. Company insiders own 0.05% of the company’s stock.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

Qualcomm Company Profile

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.