QUALCOMM (NASDAQ:QCOM) CAO Patricia Grech Sells 203 Shares of Stock

QUALCOMM Incorporated (NASDAQ:QCOM) CAO Patricia Grech sold 203 shares of QUALCOMM stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $170.00, for a total value of $34,510.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

QUALCOMM Price Performance

Shares of QCOM stock traded up $2.66 during mid-day trading on Tuesday, reaching $170.70. The stock had a trading volume of 9,148,759 shares, compared to its average volume of 8,781,515. The company has a market cap of $182.82 billion, a P/E ratio of 16.46, a price-to-earnings-growth ratio of 2.59 and a beta of 1.22. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The business has a 50-day simple moving average of $169.33 and a 200 day simple moving average of $160.61.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data 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 net margin of 26.77% and a return on equity of 40.35%. The business had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. During the same period in the previous year, the firm earned $2.69 EPS. The business’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, sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio is 72.80%.

Analyst Ratings Changes

QCOM has been the topic of several recent analyst reports. Citigroup upped their price objective on shares of QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Mizuho raised their target price on shares of QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Rosenblatt Securities restated a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a report on Thursday, November 6th. TD Cowen lifted their target price on QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Finally, Arete upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a research note on Tuesday, August 26th. One research 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 issued a Sell rating to the company’s stock. According to MarketBeat, QUALCOMM has an average rating of “Moderate Buy” and a consensus target price of $190.38.

Institutional Trading of QUALCOMM

Institutional investors have recently made changes to their positions in the stock. waypoint wealth counsel boosted its position in shares of QUALCOMM by 2.2% during the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock valued at $476,000 after purchasing an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. grew its position in QUALCOMM by 1.5% in the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock worth $686,000 after buying an additional 61 shares during the last quarter. Baron Wealth Management LLC boosted its stake in shares of QUALCOMM by 4.5% during the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock worth $238,000 after acquiring an additional 62 shares in the last quarter. Certified Advisory Corp raised its position in shares of QUALCOMM by 0.6% during the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after purchasing an additional 62 shares during the period. Finally, Avion Wealth boosted its position in shares of QUALCOMM by 16.7% in the 2nd quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock valued at $70,000 after purchasing an additional 63 shares during the period. 74.35% of the stock is owned by institutional investors and hedge funds.

About QUALCOMM

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.