Patricia Grech Sells 192 Shares of Qualcomm (NASDAQ:QCOM) Stock

Qualcomm Incorporated (NASDAQ:QCOM) CAO Patricia Grech sold 192 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $172.00, for a total transaction of $33,024.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Down 1.4%

QCOM stock opened at $177.00 on Friday. The firm has a market cap of $188.85 billion, a PE ratio of 19.24 and a beta of 1.49. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.83 and a current ratio of 2.37. The firm’s fifty day moving average is $135.69 and its 200 day moving average is $155.33. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $205.95.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS 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%. The firm’s revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the business earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, research analysts forecast that Qualcomm Incorporated will post 8.18 EPS for the current year.

Qualcomm Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be given a dividend of $0.92 per share. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a yield of 2.1%. The ex-dividend date is Thursday, June 4th. Qualcomm’s dividend payout ratio (DPR) is 38.70%.

Qualcomm announced that its board has approved a stock buyback plan on Tuesday, March 17th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Q2 beat and segment strength — Qualcomm topped EPS expectations and showed strong automotive/licensing performance, which supports near?term earnings quality and helped fuel the recent rally. Qualcomm (QCOM) Posts Stellar Q2
• Positive Sentiment: Data?center/hyperscaler validation — CEO commentary that Qualcomm will ship custom data?center chips to a “large hyperscaler” this year materially changed the narrative and underpins hopes for a new, higher?growth revenue stream. Reuters: Qualcomm shares jump
• Positive Sentiment: Analyst support — Multiple firms raised targets or reaffirmed buy ratings (e.g., Benchmark, Rosenblatt, Summit Insights upgrade), which added fuel to the rally and legitimized the AI/data?center story. Wall Street Lifts Qualcomm Price Target
• Neutral Sentiment: Technicals and momentum — Chart signals show an overbought setup after the rapid rally; that attracts momentum buyers but raises short?term pullback risk. Barron’s: Technicals
• Neutral Sentiment: Capital returns — Ongoing buyback authorization and a raised quarterly dividend support shareholder returns, a stabilizing factor for valuation. MarketBeat: QCOM summary
• Negative Sentiment: Below?consensus Q3 guide & memory shortage — Qualcomm guided Q3 revenue/EPS below Street expectations and pointed to a memory supply issue that could pressure handset demand, which triggered the initial post?earnings weakness. Reuters: Forecast underwhelms
• Negative Sentiment: Insider sale disclosure — A CAO disclosed a small Rule 10b5?1 sale (192 shares); minimal on its own but noted by some data aggregators amid high?volume trading. InsiderTrades: Insider sale

Analyst Ratings Changes

QCOM has been the topic of several analyst reports. Daiwa Securities Group lowered shares of Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research report on Wednesday, February 11th. Robert W. Baird set a $300.00 price target on shares of Qualcomm in a research report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a research report on Friday, March 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $160.00 target price on shares of Qualcomm in a research report on Thursday. Finally, Benchmark lifted their target price on shares of Qualcomm from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Qualcomm presently has a consensus rating of “Hold” and an average price target of $172.40.

Institutional Trading of Qualcomm

Several institutional investors have recently modified their holdings of the stock. Global Assets Advisory LLC acquired a new stake in shares of Qualcomm in the first quarter valued at about $156,000. International Assets Investment Management LLC grew its position in shares of Qualcomm by 15.3% in the first quarter. International Assets Investment Management LLC now owns 18,095 shares of the wireless technology company’s stock valued at $2,303,000 after purchasing an additional 2,398 shares during the period. Anchor Investment Management LLC grew its position in shares of Qualcomm by 0.4% in the first quarter. Anchor Investment Management LLC now owns 34,695 shares of the wireless technology company’s stock valued at $4,468,000 after purchasing an additional 146 shares during the period. ARQ Wealth Advisors LLC acquired a new stake in shares of Qualcomm in the first quarter valued at about $322,000. Finally, Diversify Wealth Management LLC lifted its stake in shares of Qualcomm by 151.5% in the first quarter. Diversify Wealth Management LLC now owns 75,936 shares of the wireless technology company’s stock worth $9,779,000 after buying an additional 45,742 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

About Qualcomm

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.