Qualcomm (NASDAQ:QCOM) EVP Heather Ace Sells 3,200 Shares

Qualcomm Incorporated (NASDAQ:QCOM) EVP Heather Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the transaction, the executive vice president owned 36,535 shares of the company’s stock, valued at $5,372,106.40. The trade was a 8.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Trading Up 2.7%

Shares of NASDAQ:QCOM opened at $151.57 on Tuesday. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $259.92. The company’s 50 day moving average is $196.48 and its two-hundred day moving average is $167.51. The company has a market cap of $159.15 billion, a PE ratio of 17.54 and a beta of 1.65. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.02). The firm had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.Qualcomm’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same period last year, the firm posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities analysts predict that Qualcomm Incorporated will post 7.89 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be given a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm’s dividend payout ratio is currently 42.59%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on QCOM shares. Wells Fargo & Company cut their target price on Qualcomm from $265.00 to $170.00 and set an “equal weight” rating on the stock in a research report on Thursday. Benchmark lowered their price target on Qualcomm from $300.00 to $270.00 and set a “buy” rating for the company in a report on Monday, July 27th. DZ Bank upgraded shares of Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 price target on the stock in a research note on Friday, June 26th. Tigress Financial raised their price objective on shares of Qualcomm from $270.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Morgan Stanley reduced their price objective on shares of Qualcomm from $231.00 to $220.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty-one have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $203.63.

Institutional Trading of Qualcomm

Several institutional investors and hedge funds have recently made changes to their positions in QCOM. Your Advocates Ltd. LLP purchased a new position in Qualcomm during the 1st quarter worth approximately $26,000. Richardson Financial Services Inc. increased its position in Qualcomm by 90.9% during the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after buying an additional 80 shares during the period. Torren Management LLC purchased a new stake in Qualcomm in the fourth quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd lifted its stake in Qualcomm by 17,000.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 170 shares during the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new stake in shares of Qualcomm in the fourth quarter valued at approximately $31,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s work on AI-native 6G networks—including distributed computing and wide-area sensing—strengthens its positioning in next-generation wireless connectivity and AI infrastructure. Qualcomm Is Shaping 6G Around AI Native Networks
• Positive Sentiment: A recent investment view highlighted Qualcomm’s roughly 2.5% forward dividend yield, strong dividend coverage and potential upside from its data-center expansion, making the stock more attractive after its decline this year. 1 Incredible Reason to Buy Qualcomm Stock Right Now
• Positive Sentiment: Analysts are discussing whether semiconductor stocks can rebound after their worst monthly performance in more than a decade. A sector recovery could improve sentiment toward Qualcomm and other chipmakers. Are Chip Stocks Poised to Stage a Recovery?
• Neutral Sentiment: Qualcomm’s latest quarterly results showed revenue of $9.95 billion, above estimates, but earnings per share slightly missed expectations and revenue declined year over year, reflecting continuing smartphone-industry pressure.
• Negative Sentiment: Morgan Stanley reportedly lowered its Qualcomm price target to $220, while another report cited a 2.6% decline following an analyst downgrade. These actions signal near-term concerns about valuation, demand and earnings growth. Morgan Stanley Cuts Qualcomm Price Target Qualcomm Stock Price Down After Analyst Downgrade
• Negative Sentiment: Executive Vice President Heather S. Ace sold 3,200 Qualcomm shares worth approximately $470,528. The transaction occurred under a pre-arranged Rule 10b5-1 plan, reducing its immediate significance, but insider selling can still weigh modestly on sentiment.

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.