QUALCOMM (NASDAQ:QCOM) Insider Heather Ace Sells 1,600 Shares of Stock

QUALCOMM Incorporated (NASDAQ:QCOM) insider Heather Ace sold 1,600 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. This represents a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

QUALCOMM Stock Performance

QUALCOMM stock traded up $0.68 during mid-day trading on Monday, reaching $171.57. 10,105,130 shares of the company’s stock were exchanged, compared to its average volume of 8,762,190. The business’s fifty day simple moving average is $167.46 and its 200 day simple moving average is $158.15. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The firm has a market capitalization of $183.75 billion, a PE ratio of 16.54, a P/E/G ratio of 2.59 and a beta of 1.26.

QUALCOMM (NASDAQ:QCOM) last announced 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 return on equity of 40.35% and a net margin of 26.77%.The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, sell-side analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be given a $0.89 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM’s payout ratio is currently 72.80%.

Analyst Ratings Changes

A number of research firms have recently weighed in on QCOM. Arete Research set a $200.00 target price on shares of QUALCOMM in a research report on Tuesday, August 26th. Susquehanna set a $210.00 price objective on QUALCOMM in a research note on Thursday. Rosenblatt Securities reissued a “buy” rating and set a $225.00 price objective on shares of QUALCOMM in a report on Thursday. Cowen restated a “buy” rating on shares of QUALCOMM in a research note on Thursday. Finally, Weiss Ratings cut QUALCOMM from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, QUALCOMM currently has an average rating of “Moderate Buy” and an average price target of $190.38.

Institutional Investors Weigh In On QUALCOMM

Several institutional investors have recently made changes to their positions in QCOM. waypoint wealth counsel lifted its holdings in QUALCOMM by 2.2% during the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after purchasing an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. grew its holdings in QUALCOMM by 1.5% during the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after buying an additional 61 shares in the last quarter. Baron Wealth Management LLC increased its position in shares of QUALCOMM by 4.5% during the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after buying an additional 62 shares during the period. Avion Wealth lifted its holdings in shares of QUALCOMM by 16.7% in the second quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock worth $70,000 after buying an additional 63 shares in the last quarter. Finally, Insight Advisors LLC PA boosted its position in shares of QUALCOMM by 1.8% in the second quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company’s stock valued at $556,000 after acquiring an additional 63 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

About QUALCOMM

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.