Qualcomm (NASDAQ:QCOM) CAO Sells $18,281.90 in Stock

Qualcomm Incorporated (NASDAQ:QCOM) CAO Patricia Grech sold 98 shares of the company’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $186.55, for a total value of $18,281.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Price Performance

Shares of QCOM stock opened at $184.87 on Monday. The stock has a 50 day moving average of $171.48 and a 200 day moving average of $176.39. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The stock has a market cap of $194.16 billion, a P/E ratio of 21.40, a P/E/G ratio of 4.16 and a beta of 1.65. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). The company had revenue of $9.95 billion during 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 company’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, sell-side analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 3rd were given a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 2.0%. The ex-dividend date was Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is currently 42.59%.

Institutional Trading of Qualcomm

Large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd boosted its stake in Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 170 shares during the last quarter. ABS Investment Management LLC acquired a new stake in shares of Qualcomm in the second quarter valued at about $34,000. ABS Direct Equity Fund LLC purchased a new position in shares of Qualcomm in the second quarter worth about $34,000. Commonwealth Retirement Investments LLC acquired a new position in Qualcomm during the fourth quarter worth about $32,000. Finally, Your Advocates Ltd. LLP acquired a new position in Qualcomm during the first quarter worth about $26,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

QCOM has been the topic of a number of analyst reports. Morgan Stanley dropped their target price on Qualcomm from $231.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Zacks Research downgraded Qualcomm from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 15th. UBS Group cut their price objective on Qualcomm from $190.00 to $170.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Barclays reaffirmed an “underweight” rating on shares of Qualcomm in a research note on Wednesday, September 9th. Finally, KeyCorp reissued a “sector weight” rating on shares of Qualcomm in a research note on Wednesday, September 9th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Qualcomm has an average rating of “Hold” and a consensus price target of $204.10.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Robotics acquisition expands Qualcomm’s AI strategy. Sidley announced that it represented Qualcomm in the acquisition of PickNik, a robotics software company. The deal could support Qualcomm’s efforts to diversify beyond smartphones and build exposure to robotics and physical AI, although financial terms and the expected earnings contribution were not disclosed. Sidley Represents Qualcomm in Its Acquisition of PickNik
• Positive Sentiment: Market outperformance reflects continued investor interest. Coverage of Qualcomm’s latest session noted that QCOM outpaced the broader stock market. The move suggests investors remain receptive to the company’s diversification plans and AI-related growth opportunities, though the report did not identify a single major catalyst. Why Qualcomm Outpaced the Stock Market Today
• Neutral Sentiment: High search activity indicates heightened investor attention, not necessarily a fundamental change. Qualcomm was among the stocks receiving substantial attention from Zacks users. This may increase near-term trading interest, but the report mainly directs investors to existing factors affecting the company’s outlook. Investors Heavily Search Qualcomm
• Neutral Sentiment: Insider sale appears routine. Chief Accounting Officer Patricia Grech sold 98 shares for approximately $18,282 under a pre-arranged Rule 10b5-1 trading plan. The small, scheduled transaction is less meaningful as a signal of management’s view of QCOM’s valuation. Qualcomm Insider Transaction Filing
• Negative Sentiment: AI opportunity remains unproven and valuation leaves limited room for disappointment. Analysts continue to question whether Qualcomm’s AI strategy can offset declining Apple-related sales. Qualcomm is pursuing automotive and data-center chips, while higher pricing may help offset rising memory costs, but investors may wait for clearer evidence that these businesses can deliver sustained growth. What Is the Case for Waiting on Qualcomm Stock?

About Qualcomm

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.