Qualcomm (NASDAQ:QCOM) Stock: Insider Cristiano Amon Sells 10,000 Shares

Qualcomm Incorporated (NASDAQ:QCOM) CEO Cristiano Amon sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $200.00, for a total value of $2,000,000.00. Following the transaction, the chief executive officer directly owned 177,568 shares in the company, valued at $35,513,600. This trade represents a 5.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Trading Up 4.0%

Shares of Qualcomm stock traded up $7.71 during midday trading on Friday, reaching $201.97. 17,799,762 shares of the company’s stock traded hands, compared to its average volume of 15,669,736. The stock has a 50 day moving average of $169.58 and a 200-day moving average of $174.09. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $259.92. The company has a market cap of $212.11 billion, a PE ratio of 23.38, a price-to-earnings-growth ratio of 4.13 and a beta of 1.68. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02.

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

Qualcomm Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd were paid a dividend of $0.92 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.8%. Qualcomm’s payout ratio is presently 42.59%.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm renewed its global patent-licensing agreement with Apple through 2027. The extension provides greater visibility for Qualcomm Technology Licensing (QTL) revenue and signals continued reliance on Qualcomm’s intellectual property, despite earlier uncertainty about the deal’s terms. Qualcomm renews Apple patent deal
• Positive Sentiment: Investors are increasingly viewing Qualcomm’s Snapdragon chips and automotive platforms as vehicles for on-device and “agentic” AI growth. New smartphone processors, AI-enabled edge devices, automotive computing initiatives and a potential robotics expansion could reduce the company’s dependence on cyclical handset upgrades. Qualcomm pushes AI from phones to cars and edge devices
• Positive Sentiment: Options activity was unusually strong, with traders purchasing approximately 140,153 call options—about 29% above average call volume—suggesting elevated short-term bullish speculation and investor interest in the rally.
• Neutral Sentiment: The Apple renewal initially prompted selling because investors questioned its duration and Qualcomm’s longer-term exposure to Apple modem insourcing. Buyers later returned, indicating that the agreement’s near-term licensing benefits are outweighing those concerns. Qualcomm rallies as buyers reassess Apple renewal
• Negative Sentiment: Qualcomm still faces weaker smartphone demand, elevated memory costs and the eventual risk of losing portions of Apple’s modem business. Its latest quarterly earnings per share missed estimates, while revenue declined year over year, keeping the fundamental outlook less certain.
• Negative Sentiment: CEO Cristiano Amon sold 10,000 shares for $1.95 million under a pre-arranged Rule 10b5-1 plan. The scheduled transaction is a modest negative signal, although it does not necessarily indicate a change in management’s outlook. Qualcomm CEO sells shares

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. QRG Capital Management Inc. boosted its stake in Qualcomm by 12.7% during the second quarter. QRG Capital Management Inc. now owns 204,726 shares of the wireless technology company’s stock worth $37,831,000 after acquiring an additional 23,009 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Qualcomm by 8.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 48,184 shares of the wireless technology company’s stock valued at $8,904,000 after purchasing an additional 3,746 shares in the last quarter. State Street Corp lifted its holdings in shares of Qualcomm by 1.3% during the second quarter. State Street Corp now owns 52,763,263 shares of the wireless technology company’s stock valued at $9,750,123,000 after purchasing an additional 671,537 shares during the last quarter. Security National Bank of Sioux City Iowa IA lifted its holdings in shares of Qualcomm by 35.9% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 26,140 shares of the wireless technology company’s stock valued at $4,830,000 after purchasing an additional 6,900 shares during the last quarter. Finally, Talon Private Wealth LLC boosted its position in shares of Qualcomm by 14.3% in the 2nd quarter. Talon Private Wealth LLC now owns 14,498 shares of the wireless technology company’s stock worth $2,679,000 after purchasing an additional 1,819 shares in the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on QCOM shares. Cantor Fitzgerald decreased their price target on shares of Qualcomm from $200.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, July 27th. Guggenheim set a $200.00 price objective on Qualcomm in a research report on Monday, June 22nd. Freedom Capital upgraded Qualcomm from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Citigroup decreased their target price on Qualcomm from $198.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Finally, Barclays restated an “underweight” rating on shares of Qualcomm in a research note on Wednesday, September 9th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Qualcomm presently has a consensus rating of “Hold” and a consensus target price of $204.10.

About Qualcomm

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.