Qualcomm (NASDAQ:QCOM) Stock: Insider Ann Chaplin Sells 1,827 Shares

Qualcomm Incorporated (NASDAQ:QCOM) EVP Ann Chaplin sold 1,827 shares of the firm’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $174.75, for a total transaction of $319,268.25. Following the completion of the transaction, the executive vice president directly owned 25,770 shares of the company’s stock, valued at approximately $4,503,307.50. The trade was a 6.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Price Performance

Shares of QCOM stock traded down $6.29 on Friday, reaching $172.11. The company’s stock had a trading volume of 12,501,296 shares, compared to its average volume of 15,269,714. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The company has a market capitalization of $183.79 billion, a P/E ratio of 19.92, a PEG ratio of 3.88 and a beta of 1.65. The stock’s 50 day simple moving average is $174.94 and its 200-day simple moving average is $179.38.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. During the same period in the prior year, the business posted $2.77 EPS. Qualcomm’s quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, equities analysts predict that Qualcomm Incorporated will post 7.74 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Qualcomm

A number of hedge funds and other institutional investors have recently modified their holdings of QCOM. BlackRock Inc. bought a new position in shares of Qualcomm during the 2nd quarter valued at about $17,583,115,000. Bank of New York Mellon Corp purchased a new stake in Qualcomm in the second quarter worth approximately $1,523,930,000. Deutsche Bank AG purchased a new stake in Qualcomm in the second quarter worth approximately $1,178,349,000. Amundi grew its position in Qualcomm by 94.1% during the second quarter. Amundi now owns 10,195,741 shares of the wireless technology company’s stock valued at $1,884,071,000 after acquiring an additional 4,942,908 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in 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 acquiring an additional 3,179,720 shares during the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm appears to have prevailed in its licensing dispute with Arm. A Delaware jury found that Arm breached its license agreement with Qualcomm, supporting Qualcomm’s position in a dispute that could have affected the company’s ability to use Arm-based designs. The verdict is a potential legal and strategic win, although further proceedings may still be required. Jury finds Arm breached license agreement with Qualcomm
• Positive Sentiment: A renewed Apple licensing agreement improves revenue visibility. Qualcomm’s continued licensing relationship with Apple helps support its high-margin patent-licensing business, even as Apple works to develop more of its own modem technology. Qualcomm renews Apple license
• Positive Sentiment: Qualcomm expanded its 5G licensing coverage with Transsion through 2031. The extended agreement provides longer-term royalty visibility in emerging smartphone markets. Qualcomm, Transsion Extend 5G Patent License Deal
• Positive Sentiment: The company launched an AI-native Wi-Fi 8 gateway. The product combines next-generation connectivity with edge AI computing, supporting Qualcomm’s strategy to diversify beyond smartphones into home broadband and AI-enabled devices. Qualcomm unveils AI-native Wi-Fi 8 gateway
• Neutral Sentiment: Analysts continue to view Qualcomm as a cash-generative wireless technology company with growth opportunities in automotive, AI and other markets, but investors remain focused on the pace of its transition away from handset dependence. Qualcomm: Navigating the shift from handsets to AI
• Negative Sentiment: Sector-wide chip selling is pressuring QCOM. Qualcomm’s legal win has not prevented broader weakness across semiconductor stocks, with investors reducing exposure to chipmakers. Chip selloff following Qualcomm verdict
• Negative Sentiment: Reports that Samsung could replace Qualcomm’s chip in the Galaxy S27 Ultra if thermal issues persist raise concerns about flagship handset share and Qualcomm’s near-term mobile revenue. Samsung may swap Galaxy S27 Ultra chip
• Negative Sentiment: MediaTek’s reported progress toward an AI data-center chip pact with ByteDance highlights increasing competition in Qualcomm’s effort to build an AI and data-center business. ByteDance and MediaTek AI chip pact

Analyst Ratings Changes

Several research analysts have recently commented on the company. Cantor Fitzgerald cut their price objective on Qualcomm from $200.00 to $165.00 and set a “neutral” rating for the company in a report on Monday, July 27th. DZ Bank raised shares of Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 target price on the stock in a research note on Friday, June 26th. Mizuho lifted their target price on shares of Qualcomm from $170.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. Guggenheim set a $200.00 target price on shares of Qualcomm in a research report on Monday, June 22nd. Finally, Citigroup cut their price target on shares of Qualcomm from $198.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $204.10.

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.