Qualcomm (NASDAQ:QCOM) CAO Patricia Grech Sells 85 Shares

Qualcomm Incorporated (NASDAQ:QCOMGet Free Report) CAO Patricia Grech sold 85 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $125.50, for a total value of $10,667.50. Following the sale, the chief accounting officer directly owned 192 shares in the company, valued at approximately $24,096. The trade was a 30.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Performance

Shares of NASDAQ QCOM opened at $126.80 on Friday. Qualcomm Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The firm has a market cap of $135.30 billion, a P/E ratio of 26.20 and a beta of 1.28. The stock has a fifty day moving average price of $138.77 and a two-hundred day moving average price of $159.35. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51.

Qualcomm (NASDAQ:QCOMGet Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Research analysts forecast that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 5th. Qualcomm’s dividend payout ratio is presently 73.55%.

Qualcomm announced that its board has approved a share repurchase program on Tuesday, March 17th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research firms have issued reports on QCOM. Loop Capital raised Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price target on the stock in a report on Tuesday, February 24th. Susquehanna lowered Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 target price on the stock. in a research report on Thursday, February 5th. JPMorgan Chase & Co. reduced their target price on Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Morgan Stanley began coverage on Qualcomm in a research report on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 price target for the company. Finally, Mizuho dropped their price target on Qualcomm from $160.00 to $140.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Qualcomm has a consensus rating of “Hold” and a consensus price target of $163.77.

View Our Latest Stock Report on QCOM

Institutional Investors Weigh In On Qualcomm

Several institutional investors have recently made changes to their positions in QCOM. Norges Bank acquired a new stake in Qualcomm in the fourth quarter valued at approximately $2,591,056,000. Wellington Management Group LLP increased its stake in shares of Qualcomm by 141.8% during the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock worth $2,069,059,000 after purchasing an additional 7,292,783 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Qualcomm by 12.5% during the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock valued at $4,931,968,000 after purchasing an additional 3,221,924 shares in the last quarter. Amundi raised its holdings in shares of Qualcomm by 38.2% during the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock valued at $1,866,451,000 after purchasing an additional 3,186,524 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Qualcomm by 28.1% in the 4th quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company’s stock valued at $2,163,030,000 after purchasing an additional 2,771,490 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

About Qualcomm

(Get Free Report)

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.

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