Akash Palkhiwala Sells 3,333 Shares of QUALCOMM (NASDAQ:QCOM) Stock

QUALCOMM Incorporated (NASDAQ:QCOM) EVP Akash Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $173.30, for a total transaction of $577,608.90. Following the transaction, the executive vice president directly owned 38,932 shares of the company’s stock, valued at approximately $6,746,915.60. This trade represents a 7.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

QUALCOMM Stock Performance

QCOM traded up $3.33 during trading on Monday, hitting $176.31. The stock had a trading volume of 8,646,322 shares, compared to its average volume of 7,518,654. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The company has a 50 day moving average price of $173.39 and a 200-day moving average price of $164.60. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The firm has a market cap of $188.83 billion, a price-to-earnings ratio of 36.06, a P/E/G ratio of 3.79 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data 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 firm had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current year.

Institutional Investors Weigh In On QUALCOMM

A number of institutional investors have recently made changes to their positions in QCOM. Harbor Capital Advisors Inc. raised its holdings in QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in shares of QUALCOMM during the third quarter worth $27,000. Chung Wu Investment Group LLC bought a new position in QUALCOMM during the second quarter worth $32,000. Harbor Asset Planning Inc. acquired a new position in QUALCOMM in the second quarter valued at $32,000. Finally, Winnow Wealth LLC bought a new stake in QUALCOMM during the second quarter valued at $32,000. Institutional investors own 74.35% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on QCOM. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. Wells Fargo & Company increased their price target on shares of QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Thursday, November 6th. Citigroup boosted their price objective on shares of QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Finally, TD Cowen raised their target price on QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, QUALCOMM has an average rating of “Moderate Buy” and a consensus price target of $192.94.

QUALCOMM Company Profile

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.