Qualcomm (NASDAQ:QCOM) Stock Price Down 7.2% on Insider Selling

Qualcomm Incorporated (NASDAQ:QCOM)’s share price fell 7.2% on Monday following insider selling activity. The company traded as low as $186.71 and last traded at $187.48. 16,600,823 shares were traded during mid-day trading, an increase of 6% from the average daily volume of 15,643,723 shares. The stock had previously closed at $201.97.

Specifically, CEO Cristiano Amon sold 10,000 shares of the firm’s stock in a transaction on Friday, September 25th. The stock was sold at an average price of $200.00, for a total transaction of $2,000,000.00. Following the completion of the transaction, the chief executive officer owned 177,568 shares of the company’s stock, valued at approximately $35,513,600. This trade represents a 5.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano Amon sold 10,000 shares of the business’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $195.00, for a total transaction of $1,950,000.00. Following the sale, the chief executive officer owned 187,568 shares in the company, valued at approximately $36,575,760. This trade represents a 5.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

QCOM has been the subject of a number of recent research reports. Citigroup lowered their price target on shares of Qualcomm from $198.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Lake Street Capital cut shares of Qualcomm to a “hold” rating in a report on Thursday, June 25th. Guggenheim set a $200.00 target price on shares of Qualcomm in a research note on Monday, June 22nd. Bank of America lifted their target price on shares of Qualcomm from $165.00 to $195.00 and gave the company an “underperform” rating in a report on Tuesday, June 23rd. Finally, Zacks Research cut Qualcomm from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $204.10.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm renewed its global patent-license agreement with Apple, supporting the company’s high-margin royalty stream and providing greater visibility into licensing revenue even as Apple uses fewer Qualcomm chips. Qualcomm and Apple renew global patent license
• Positive Sentiment: The company agreed to acquire robotics-software firm Picknik, a move that could expand Qualcomm’s exposure to robotics and strengthen its longer-term diversification beyond smartphones. Deal terms and the transaction’s near-term financial impact were not detailed. Qualcomm agrees to acquire Picknik
• Positive Sentiment: Recent coverage highlights 61% automotive growth, a raised non-handset revenue target of $40 billion and new Android chipsets designed for on-device artificial intelligence. These initiatives could help Qualcomm earn a higher valuation if they translate into sustained revenue growth. Qualcomm diversification opportunity
• Neutral Sentiment: Qualcomm’s recent rally brought the stock near multi-month highs, prompting investors to consider whether further gains are justified or whether the shares need to consolidate. Large call-option activity indicates heightened bullish speculation but can also increase short-term volatility. How to trade Qualcomm near multi-month highs
• Negative Sentiment: Chip stocks sold off broadly, with Qualcomm falling alongside Arm and Marvell. The sector-wide pressure suggests investors are reducing exposure to semiconductor names rather than reacting solely to Qualcomm’s fundamentals. Chip selloff deepens
• Negative Sentiment: Handset headwinds remain significant: recent coverage points to lower-than-expected Qualcomm content in Apple’s latest iPhone launch, while handset revenue declined year over year. Investors may therefore require clearer evidence that automotive, IoT, AI and robotics can offset smartphone weakness. Qualcomm stock catalysts

Qualcomm Trading Down 7.2%

The stock’s 50 day moving average is $170.18 and its 200-day moving average is $174.54. The company has a market cap of $196.90 billion, a P/E ratio of 21.70, a PEG ratio of 4.21 and a beta of 1.68. 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 for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The firm had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Research analysts anticipate that Qualcomm Incorporated will post 7.74 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 3rd were given a dividend of $0.92 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.0%. Qualcomm’s dividend payout ratio (DPR) is 42.59%.

Hedge Funds Weigh In On Qualcomm

A number of hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Qualcomm in the second quarter worth $17,583,115,000. State Street Corp boosted its position in shares of Qualcomm by 1.3% during the second quarter. State Street Corp now owns 52,763,263 shares of the wireless technology company’s stock valued at $9,750,123,000 after buying an additional 671,537 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of Qualcomm by 22.7% during the second quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company’s stock valued at $3,178,872,000 after buying an additional 3,179,720 shares during the last quarter. Invesco Ltd. increased its holdings in Qualcomm by 28.1% in the 4th quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company’s stock worth $2,163,030,000 after buying an additional 2,771,490 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Qualcomm by 13.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,595,307 shares of the wireless technology company’s stock worth $1,983,377,000 after buying an additional 1,410,312 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Qualcomm Company Profile

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company headquartered in San Diego, California, that develops wireless communications technologies, semiconductors and related software. Its products support mobile devices, connected computing, automotive systems, industrial equipment and consumer electronics.

Qualcomm’s semiconductor business operates primarily through its Qualcomm CDMA Technologies segment. Its offerings include Snapdragon platforms and systems-on-chip, cellular modems, radio-frequency components, connectivity products, and processors for smartphones, personal computers, extended-reality devices, vehicles and the Internet of Things.