Patricia Grech Sells 829 Shares of Qualcomm (NASDAQ:QCOM) Stock

Posted by Patrick Bannon on May 23rd, 2026

Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report) CAO Patricia Grech sold 829 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Price Performance

Shares of Qualcomm stock opened at $238.16 on Friday. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $247.90. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The company has a 50-day simple moving average of $154.82 and a two-hundred day simple moving average of $158.89. The stock has a market capitalization of $251.02 billion, a price-to-earnings ratio of 25.89, a price-to-earnings-growth ratio of 26.43 and a beta of 1.49.

Qualcomm (NASDAQ:QCOM – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) 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 the consensus estimate of $10.59 billion. During the same quarter in the previous year, the firm posted $2.85 EPS. The business’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. Analysts forecast that Qualcomm Incorporated will post 7.99 EPS for the current year.

Qualcomm announced that its Board of Directors has initiated a share buyback program on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to reacquire up to 14.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Qualcomm Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be given a dividend of $0.92 per share. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, June 4th. Qualcomm’s dividend payout ratio (DPR) is currently 38.70%.

Hedge Funds Weigh In On Qualcomm

Several institutional investors and hedge funds have recently added to or reduced their stakes in QCOM. Norges Bank bought a new position in shares of Qualcomm in the 4th quarter valued at $2,591,056,000. Wellington Management Group LLP increased its holdings in Qualcomm by 141.8% in the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock worth $2,069,059,000 after purchasing an additional 7,292,783 shares in the last quarter. Geode Capital Management LLC increased its holdings in Qualcomm by 12.5% in the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock worth $4,931,968,000 after purchasing an additional 3,221,924 shares in the last quarter. Invesco Ltd. raised its position in Qualcomm by 28.1% in the fourth quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company’s stock valued at $2,163,030,000 after purchasing an additional 2,771,490 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Qualcomm by 36.8% during the third quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company’s stock valued at $1,090,025,000 after purchasing an additional 1,764,252 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

QCOM has been the subject of a number of recent analyst reports. Sanford C. Bernstein reiterated a “market perform” rating and set a $140.00 target price (down from $175.00) on shares of Qualcomm in a research report on Thursday, March 26th. Argus set a $220.00 price target on Qualcomm in a research report on Friday, May 1st. Roth Mkm assumed coverage on Qualcomm in a research note on Friday, May 8th. They issued a “buy” rating for the company. Wells Fargo & Company cut shares of Qualcomm from a “positive” rating to an “underweight” rating in a research report on Friday, May 8th. Finally, DZ Bank lowered shares of Qualcomm from a “buy” rating to a “hold” rating and set a $195.00 target price on the stock. in a report on Friday, May 8th. Fourteen equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $181.79.

Check Out Our Latest Stock Report on Qualcomm

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: Stellantis expanded its multi-year technology partnership with Qualcomm, strengthening Qualcomm’s position in AI-enabled connected and autonomous vehicles. Qualcomm soars 12% as Stellantis deepens AI vehicle partnership
Positive Sentiment: Analysts and market commentary highlighted Qualcomm’s strong comeback and suggested the rally may continue, with some calling for meaningful further upside. Prediction: Analysts Say Qualcomm Stock Is Set For A Massive Breakout
Neutral Sentiment: Additional coverage framed Qualcomm as a beneficiary of broader AI and mobile-chip enthusiasm, with shares moving alongside other chip names such as Skyworks and Qorvo. Qualcomm Surges 12%, Skyworks Rallies 9%, Qorvo Rises 7%
Neutral Sentiment: Insider and congressional stock sales were disclosed, but they appear modest relative to Qualcomm’s size and some transactions were pre-arranged, so the impact is likely limited. Patricia Grech Sells 829 Shares of Qualcomm (NASDAQ:QCOM) Stock

Qualcomm Company Profile

(Get Free Report)

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.