Qualcomm (NASDAQ:QCOM) Trading Down 2.3% After Insider Selling

Qualcomm Incorporated (NASDAQ:QCOM) traded down 2.3% during mid-day trading on Tuesday after an insider sold shares in the company. The company traded as low as $162.21 and last traded at $166.61. 8,832,006 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 15,695,956 shares. The stock had previously closed at $170.48.

Specifically, CAO Patricia Y. Grech sold 208 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $170.00, for a total value of $35,360.00. The transaction 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.

Analyst Ratings Changes

QCOM has been the topic of several recent analyst reports. Mizuho upped their price objective on shares of Qualcomm from $170.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. Guggenheim set a $200.00 target price on shares of Qualcomm in a research note on Monday, June 22nd. Cantor Fitzgerald cut their price target on Qualcomm from $200.00 to $165.00 and set a “neutral” rating for the company in a report on Monday, July 27th. Sanford C. Bernstein set a $165.00 price target on Qualcomm in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $400.00 price objective on Qualcomm in a report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $203.76.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is expanding its AI PC footprint through a partnership with HUMAIN. HUMAIN’s Horizon Ultra is powered by Qualcomm’s Snapdragon X2 Elite platform, supporting the company’s effort to grow beyond smartphones and strengthen its position in AI-enabled personal computing. Can Qualcomm’s Tie-Up With HUMAIN for AI PC Lift Its Shares?
• Positive Sentiment: Investors continue to identify automotive, data-center and AI businesses as potential long-term growth drivers that could diversify Qualcomm away from its more mature handset operations. Analysts are watching for evidence of this growth ahead of the company’s fourth-quarter results. Qualcomm Outperforms Broader Market Slump
• Neutral Sentiment: Qualcomm named former Motorola Devices president Sergio Buniac to lead its Mobile, Compute and Personal AI businesses. The appointment could improve execution in smartphones, PCs, wearables and AI devices, but it also highlights the need to manage rising costs and potential reductions in Apple modem revenue. How Investors May Respond To QCOM Naming Sergio Buniac
• Neutral Sentiment: Chief Accounting Officer Patricia Grech sold 208 shares worth $35,360 under a pre-arranged Rule 10b5-1 trading plan. The relatively small, scheduled transaction is unlikely to materially change the investment outlook.
• Negative Sentiment: Qualcomm is facing renewed smartphone and Apple-related revenue concerns, while its latest quarterly earnings per share missed consensus and revenue declined year over year. A generally Hold analyst consensus reflects uncertainty over the pace of its diversification. Qualcomm’s AI Ambitions Run Into a Smartphone Reality Check
• Negative Sentiment: Higher long-term bond yields are pressuring semiconductor valuations, particularly companies with premium growth expectations. MediaTek’s agreement with Nvidia to develop AI chips also raises competitive concerns for Qualcomm in AI, PCs and automobiles. Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields
• Negative Sentiment: Erste Group Bank reduced its earnings estimates for Qualcomm, adding to concerns about fiscal 2027 earnings, margins and near-term handset weakness. Erste Group Bank Reduces Earnings Estimates for Qualcomm

Qualcomm Trading Down 2.3%

The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The business’s fifty day moving average is $171.46 and its 200-day moving average is $169.06. The stock has a market capitalization of $174.98 billion, a PE ratio of 19.28, a P/E/G ratio of 15.16 and a beta of 1.65.

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

Qualcomm Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be given a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is 42.59%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP acquired a new stake in Qualcomm during the first quarter worth about $26,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. purchased a new stake in shares of Qualcomm during the 4th quarter worth about $31,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of Qualcomm during the 4th quarter worth about $32,000. Finally, ABS Investment Management LLC acquired a new stake in Qualcomm during the 2nd quarter worth approximately $34,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

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.