Qualcomm (NASDAQ:QCOM) CAO Sells $10,667.50 in Stock

Qualcomm Incorporated (NASDAQ:QCOM) CAO Patricia Grech sold 85 shares of Qualcomm stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $125.50, for a total transaction of $10,667.50. Following the completion of the sale, the chief accounting officer owned 192 shares in the company, valued at approximately $24,096. This trade represents a 30.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Price Performance

Shares of NASDAQ QCOM opened at $126.80 on Friday. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The firm has a market capitalization of $135.30 billion, a PE ratio of 26.20 and a beta of 1.28. The firm has a fifty day simple moving average of $138.19 and a two-hundred day simple moving average of $159.08.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping the consensus estimate of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The firm had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.16 billion. During the same period last year, the company posted $3.41 EPS. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities analysts expect that Qualcomm Incorporated will post 9.39 earnings per share for the current year.

Qualcomm Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were issued a $0.89 dividend. The ex-dividend date was Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.8%. Qualcomm’s dividend payout ratio (DPR) is 73.55%.

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

Analyst Ratings Changes

Several brokerages have recently issued reports on QCOM. Loop Capital raised Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 target price for the company in a research report on Tuesday, February 24th. Morgan Stanley started coverage on Qualcomm in a research report on Tuesday, February 10th. They set an “underweight” rating and a $132.00 price target on the stock. Zacks Research downgraded Qualcomm from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. Susquehanna downgraded Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 price objective for the company. in a report on Thursday, February 5th. Finally, Seaport Research Partners reissued a “sell” rating and set a $100.00 price objective on shares of Qualcomm in a research report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $163.77.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Harbor Capital Advisors Inc. grew its holdings in shares of 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 buying an additional 65 shares during the last quarter. Cloud Capital Management LLC bought a new position in Qualcomm in the 3rd quarter valued at approximately $27,000. Richardson Financial Services Inc. lifted its position in Qualcomm by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after acquiring an additional 80 shares in the last quarter. Torren Management LLC purchased a new stake in Qualcomm during the 4th quarter valued at $29,000. Finally, Caitong International Asset Management Co. Ltd boosted its stake in 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 valued at $29,000 after purchasing an additional 170 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

About Qualcomm

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.