QUALCOMM (NASDAQ:QCOM) EVP Ann Chaplin Sells 7,180 Shares of Stock

QUALCOMM Incorporated (NASDAQ:QCOM) EVP Ann Chaplin sold 7,180 shares of QUALCOMM stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the sale, the executive vice president owned 23,944 shares of the company’s stock, valued at $4,262,750.32. The trade was a 23.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

QUALCOMM Stock Performance

NASDAQ QCOM opened at $176.08 on Thursday. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The firm has a market capitalization of $188.58 billion, a P/E ratio of 36.19, a PEG ratio of 3.86 and a beta of 1.22. The stock has a 50-day simple moving average of $171.24 and a two-hundred day simple moving average of $162.81.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The company had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.QUALCOMM’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is presently 72.80%.

Hedge Funds Weigh In On QUALCOMM

A number of large investors have recently bought and sold shares of the business. AIA Group Ltd increased its holdings in shares of QUALCOMM by 103.4% in the 3rd quarter. AIA Group Ltd now owns 114,244 shares of the wireless technology company’s stock worth $19,006,000 after acquiring an additional 58,072 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of QUALCOMM in the 3rd quarter valued at approximately $166,000. Hudson Bay Capital Management LP grew its position in QUALCOMM by 2,979.9% in the third quarter. Hudson Bay Capital Management LP now owns 165,328 shares of the wireless technology company’s stock worth $27,504,000 after acquiring an additional 159,960 shares in the last quarter. Saranac Partners Ltd acquired a new position in shares of QUALCOMM during the 3rd quarter worth $5,045,000. Finally, IFP Advisors Inc lifted its stake in shares of QUALCOMM by 4.5% in the 3rd quarter. IFP Advisors Inc now owns 17,377 shares of the wireless technology company’s stock valued at $2,891,000 after purchasing an additional 747 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Cantor Fitzgerald restated a “neutral” rating and set a $185.00 price target on shares of QUALCOMM in a research note on Tuesday. Rosenblatt Securities reiterated a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Wells Fargo & Company lifted their target price on shares of QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research note on Thursday, November 6th. Susquehanna set a $210.00 price objective on QUALCOMM in a report on Thursday, November 6th. Finally, Cowen reissued a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.94.

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.