QUALCOMM (NASDAQ:QCOM) Shares Down 3.9% – Should You Sell?

QUALCOMM Incorporated (NASDAQ:QCOM)’s share price was down 3.9% on Thursday . The stock traded as low as $158.85 and last traded at $159.59. Approximately 11,713,271 shares changed hands during trading, an increase of 33% from the average daily volume of 8,788,118 shares. The stock had previously closed at $166.11.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. UBS Group lifted their price target on QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Cowen reiterated a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Wells Fargo & Company raised their price objective on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Thursday, November 6th. Finally, Susquehanna set a $210.00 target price on shares of QUALCOMM in a report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, QUALCOMM currently has an average rating of “Moderate Buy” and an average price target of $190.38.

QUALCOMM Trading Down 3.9%

The stock has a 50-day moving average of $169.35 and a two-hundred day moving average of $159.52. The company has a market cap of $170.92 billion, a P/E ratio of 15.39, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping the consensus estimate of $2.87 by $0.13. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The business had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. During the same period in the previous year, the company posted $2.69 earnings per share. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities research analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio is 72.80%.

Insider Activity

In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of QUALCOMM stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total value of $24,834,000.00. Following the completion of the transaction, the chief executive officer directly owned 149,304 shares of the company’s stock, valued at approximately $24,718,770.24. The trade was a 50.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Patricia Y. Grech sold 203 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $35,092.61. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 167,514 shares of company stock valued at $27,735,930 in the last quarter. 0.08% of the stock is owned by company insiders.

Institutional Trading of QUALCOMM

Institutional investors and hedge funds have recently modified their holdings of the business. Harbor Capital Advisors Inc. lifted its position in QUALCOMM by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 65 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings 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 worth $26,000 after buying an additional 93 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in shares of QUALCOMM during the 3rd quarter valued at about $27,000. Harbor Asset Planning Inc. bought a new position in shares of QUALCOMM in the 2nd quarter valued at about $32,000. Finally, Lavaca Capital LLC purchased a new position in QUALCOMM in the second quarter worth about $32,000. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Company Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.