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

QUALCOMM Incorporated (NASDAQ:QCOM) EVP Akash Palkhiwala sold 2,538 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $175.95, for a total value of $446,561.10. Following the completion of the sale, the executive vice president owned 42,265 shares of the company’s stock, valued at $7,436,526.75. This represents a 5.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

QUALCOMM Stock Performance

QCOM stock traded up $1.06 during midday trading on Friday, hitting $175.25. The stock had a trading volume of 25,210,075 shares, compared to its average volume of 8,808,645. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. The stock has a 50-day simple moving average of $171.41 and a 200 day simple moving average of $162.89. The firm has a market capitalization of $187.69 billion, a price-to-earnings ratio of 35.84, a P/E/G ratio of 3.77 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The company had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The business’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were paid a dividend of $0.89 per share. The ex-dividend date was Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.0%. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.

Institutional Trading of QUALCOMM

A number of hedge funds and other institutional investors have recently modified their holdings of QCOM. Vermillion & White Wealth Management Group LLC increased its stake in shares of QUALCOMM by 122.4% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 93 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 65 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in QUALCOMM in the third quarter worth about $27,000. Chung Wu Investment Group LLC bought a new stake in QUALCOMM during the 2nd quarter worth about $32,000. Finally, Harbor Asset Planning Inc. bought a new stake in QUALCOMM during the 2nd quarter worth about $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on QCOM shares. Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a report on Monday. Susquehanna set a $210.00 price objective on QUALCOMM in a research note on Thursday, November 6th. 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 note on Thursday, November 6th. JPMorgan Chase & Co. upped their target price on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Finally, Bank of America lifted their price target on shares of QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock 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.