Qualcomm (NASDAQ:QCOM) Shares Down 2.2% – Time to Sell?

Qualcomm Incorporated (NASDAQ:QCOM)’s stock price fell 2.2% during trading on Friday . The stock traded as low as $141.35 and last traded at $142.36. 12,415,818 shares were traded during trading, an increase of 17% from the average session volume of 10,598,934 shares. The stock had previously closed at $145.59.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a report on Monday, December 29th. Royal Bank Of Canada decreased their price target on Qualcomm from $180.00 to $150.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. Citigroup reiterated a “neutral” rating on shares of Qualcomm in a research note on Thursday, January 15th. Cantor Fitzgerald cut their price objective on Qualcomm from $185.00 to $160.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Finally, Zacks Research downgraded shares of Qualcomm from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $168.48.

Qualcomm Trading Down 2.2%

The company has a market cap of $151.90 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 7.28 and a beta of 1.22. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The business’s 50 day moving average price is $157.71 and its 200-day moving average price is $163.81.

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

Qualcomm Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a $0.89 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.5%. Qualcomm’s dividend payout ratio is 73.55%.

Insiders Place Their Bets

In other news, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the sale, the executive vice president directly owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ann C. Chaplin sold 7,180 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the sale, the executive vice president directly owned 23,944 shares in the company, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 45,704 shares of company stock worth $7,818,708. 0.05% of the stock is currently owned by insiders.

Institutional Trading of Qualcomm

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Qualcomm by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock valued at $18,260,635,000 after buying an additional 290,799 shares in the last quarter. State Street Corp increased its stake in Qualcomm by 0.8% in the second quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock valued at $8,547,014,000 after acquiring an additional 420,352 shares during the last quarter. Geode Capital Management LLC raised its position in Qualcomm by 12.5% during the fourth 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. Norges Bank acquired a new position in Qualcomm during the second quarter valued at approximately $2,713,603,000. Finally, Wellington Management Group LLP lifted its stake in Qualcomm by 34.5% during the fourth quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock worth $2,861,301,000 after purchasing an additional 4,290,622 shares during the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

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.