Qualcomm (NASDAQ:QCOM) CAO Sells $167,267.33 in Stock

Qualcomm Incorporated (NASDAQ:QCOM) CAO Patricia Grech sold 829 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Performance

NASDAQ:QCOM opened at $238.16 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The firm has a market capitalization of $251.02 billion, a price-to-earnings ratio of 25.89, a PEG ratio of 29.50 and a beta of 1.49. The company’s 50-day moving average is $154.82 and its two-hundred day moving average is $158.89. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $247.90.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.09. The company had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. Qualcomm’s revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Analysts forecast that Qualcomm Incorporated will post 7.99 EPS for the current year.

Qualcomm Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, June 4th. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio (DPR) is presently 38.70%.

Qualcomm declared that its board has authorized a stock repurchase plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Institutional Investors Weigh In On Qualcomm

A number of large investors have recently modified their holdings of the company. WNY Asset Management LLC purchased a new stake in shares of Qualcomm in the 1st quarter valued at approximately $279,000. Wellington Grp LLC increased its position in shares of Qualcomm by 100.5% in the 1st quarter. Wellington Grp LLC now owns 417 shares of the wireless technology company’s stock valued at $54,000 after purchasing an additional 209 shares during the last quarter. Vestor Capital LLC increased its position in shares of Qualcomm by 259.6% in the 1st quarter. Vestor Capital LLC now owns 597 shares of the wireless technology company’s stock valued at $77,000 after purchasing an additional 431 shares during the last quarter. Groupe la Francaise increased its position in shares of Qualcomm by 8.0% in the 1st quarter. Groupe la Francaise now owns 34,456 shares of the wireless technology company’s stock valued at $4,437,000 after purchasing an additional 2,553 shares during the last quarter. Finally, Western Wealth Management LLC increased its position in shares of Qualcomm by 84.2% in the 1st quarter. Western Wealth Management LLC now owns 38,101 shares of the wireless technology company’s stock valued at $4,907,000 after purchasing an additional 17,419 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Stellantis expanded its multi-year technology partnership with Qualcomm, strengthening Qualcomm’s position in AI-enabled connected and autonomous vehicles. Qualcomm soars 12% as Stellantis deepens AI vehicle partnership
• Positive Sentiment: Analysts and market commentary highlighted Qualcomm’s strong comeback and suggested the rally may continue, with some calling for meaningful further upside. Prediction: Analysts Say Qualcomm Stock Is Set For A Massive Breakout
• Neutral Sentiment: Additional coverage framed Qualcomm as a beneficiary of broader AI and mobile-chip enthusiasm, with shares moving alongside other chip names such as Skyworks and Qorvo. Qualcomm Surges 12%, Skyworks Rallies 9%, Qorvo Rises 7%
• Neutral Sentiment: Insider and congressional stock sales were disclosed, but they appear modest relative to Qualcomm’s size and some transactions were pre-arranged, so the impact is likely limited. Patricia Grech Sells 829 Shares of Qualcomm (NASDAQ:QCOM) Stock

Wall Street Analysts Forecast Growth

QCOM has been the topic of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a report on Friday, March 27th. DZ Bank lowered shares of Qualcomm from a “buy” rating to a “hold” rating and set a $195.00 price objective on the stock. in a report on Friday, May 8th. Cantor Fitzgerald upped their price objective on shares of Qualcomm from $135.00 to $150.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Benchmark upped their price objective on shares of Qualcomm from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Royal Bank Of Canada upped their price objective on shares of Qualcomm from $150.00 to $175.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have issued 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 $181.79.

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.