Qualcomm (NASDAQ:QCOM) EVP Sells $569,024.00 in Stock

Qualcomm Incorporated (NASDAQ:QCOM) EVP Heather Ace sold 3,200 shares of Qualcomm stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the sale, the executive vice president directly owned 39,735 shares in the company, valued at approximately $7,065,677.70. The trade was a 7.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Up 3.2%

Shares of QCOM opened at $192.61 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The stock has a market capitalization of $203.01 billion, a price-to-earnings ratio of 20.94, a price-to-earnings-growth ratio of 23.02 and a beta of 1.49. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $205.95. The business’s 50 day simple moving average is $137.61 and its 200-day simple moving average is $155.61.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. During the same period last year, the firm posted $2.85 earnings per share. Qualcomm’s revenue for the quarter was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts expect that Qualcomm Incorporated will post 8.02 earnings per share for the current fiscal year.

Qualcomm Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be issued a $0.92 dividend. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.9%. Qualcomm’s payout ratio is presently 40.00%.

Qualcomm announced that its board has authorized a share repurchase program on Tuesday, March 17th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

Several research firms recently commented on QCOM. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $160.00 price target on shares of Qualcomm in a research report on Thursday, April 30th. UBS Group upped their price objective on Qualcomm from $150.00 to $170.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. raised their price objective on Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Loop Capital upgraded Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 target price for the company in a report on Tuesday, February 24th. Finally, Argus set a $220.00 price target on Qualcomm in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Qualcomm has a consensus rating of “Hold” and an average price target of $172.40.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Big catalyst — Qualcomm reported a Q2 EPS beat and highlighted record automotive and IoT revenue while announcing it will ship custom AI silicon to a major hyperscaler; investors see this shifting the mix toward higher‑value AI/data‑center work. QUALCOMM (QCOM) Is Up 12.1% After Hyperscaler AI Win And $20 Billion Buyback Announcement – Has The Bull Case Changed?
• Positive Sentiment: Q2 fundamentals: EPS topped estimates and automotive revenue hit a record, helping offset handset weakness — a near‑term proof point supporting the re‑rating and higher analyst interest. A Look At Qualcomm (QCOM) Valuation After Strong Q2 Results And AI Focused Expansion
• Positive Sentiment: Capital return boost — Board approved a $20B buyback program and raised the quarterly dividend; buybacks and higher yield are pro‑share‑price actions that reinforce the bullish thesis. QUALCOMM (QCOM) Is Up 12.1% After Hyperscaler AI Win And $20 Billion Buyback Announcement – Has The Bull Case Changed?
• Neutral Sentiment: Analyst landscape is mixed — some firms raised targets or reiterated buys (Rosenblatt, Susquehanna) while others remain neutral/underperform; consensus remains around a “hold” average, so upside depends on execution.
• Neutral Sentiment: Zacks moved the stock from “strong sell” to “hold,” reflecting reduced near‑term pessimism but not a full conviction upgrade. Zacks Research
• Negative Sentiment: Near‑term risk — handset revenue remains weak and overall quarterly revenue was slightly down year‑over‑year; several bearish pieces caution that AI hype may not immediately offset phone‑cycle sensitivity. Should QCOM Stock Be Part of Your Portfolio Post Modest Q2 Earnings?
• Negative Sentiment: Insider sales by senior executives (CEO and EVP) were disclosed; while some were under Rule 10b5‑1 plans, such filings can add short‑term selling pressure and headline risk. Amon SEC filing

Institutional Trading of Qualcomm

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QCOM. Greykasell Wealth Strategies Inc. grew its stake in shares of Qualcomm by 1.5% during the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after buying an additional 61 shares during the last quarter. Certified Advisory Corp lifted its stake in shares of Qualcomm by 0.6% during the 3rd quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after acquiring an additional 62 shares during the last quarter. Elser Financial Planning Inc lifted its stake in shares of Qualcomm by 3.7% during the 3rd quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after acquiring an additional 63 shares during the last quarter. ProVise Management Group LLC boosted its holdings in Qualcomm by 2.6% during the 3rd quarter. ProVise Management Group LLC now owns 2,560 shares of the wireless technology company’s stock valued at $426,000 after acquiring an additional 64 shares during the period. Finally, Baker Tilly Wealth Management LLC grew its position in Qualcomm by 1.0% in the 4th quarter. Baker Tilly Wealth Management LLC now owns 6,401 shares of the wireless technology company’s stock valued at $1,095,000 after acquiring an additional 64 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

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.