QUALCOMM Incorporated (NASDAQ:QCOM) CFO Sells 1,781 Shares (2025)

QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) CFO Akash J. Palkhiwala sold 1,781 shares of the stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $132.10, for a total transaction of $235,270.10. Following the sale, the chief financial officer now directly owns 57,997 shares of the company's stock, valued at approximately $7,661,403.70. The trade was a 2.98 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

QUALCOMM Stock Down 6.4 %

Shares of NASDAQ:QCOM traded down $9.13 during trading on Thursday, hitting $134.46. 8,206,593 shares of the company were exchanged, compared to its average volume of 8,831,766. The firm's 50 day moving average price is $157.89 and its 200-day moving average price is $161.88. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $230.63. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.62 and a quick ratio of 1.99. The stock has a market capitalization of $148.71 billion, a P/E ratio of 14.29, a PEG ratio of 2.01 and a beta of 1.28.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The wireless technology company reported $2.86 earnings per share for the quarter, missing analysts' consensus estimates of $2.93 by ($0.07). QUALCOMM had a net margin of 25.94% and a return on equity of 39.51%. On average, research analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date of this dividend was Thursday, March 6th. QUALCOMM's dividend payout ratio is currently 36.32%.

Wall Street Analysts Forecast Growth

QCOM has been the topic of several research analyst reports. Cantor Fitzgerald restated a "neutral" rating and set a $160.00 target price on shares of QUALCOMM in a research note on Thursday, February 6th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $250.00 price objective on shares of QUALCOMM in a research report on Thursday, February 6th. TD Cowen cut their price target on shares of QUALCOMM from $195.00 to $160.00 and set a "buy" rating on the stock in a research note on Wednesday. Barclays cut their target price on QUALCOMM from $200.00 to $185.00 and set an "overweight" rating on the stock in a research report on Friday, January 17th. Finally, Benchmark reissued a "buy" rating and issued a $240.00 price objective on shares of QUALCOMM in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $202.64.

Read Our Latest Stock Report on QCOM

Hedge Funds Weigh In On QUALCOMM

Hedge funds have recently modified their holdings of the business. Secure Asset Management LLC boosted its stake in QUALCOMM by 42.2% during the 1st quarter. Secure Asset Management LLC now owns 16,342 shares of the wireless technology company's stock worth $2,510,000 after purchasing an additional 4,851 shares during the period. Portside Wealth Group LLC boosted its holdings in shares of QUALCOMM by 5.5% in the first quarter. Portside Wealth Group LLC now owns 16,911 shares of the wireless technology company's stock valued at $2,598,000 after acquiring an additional 887 shares in the last quarter. Firethorn Wealth Partners LLC lifted its position in QUALCOMM by 8.9% in the first quarter. Firethorn Wealth Partners LLC now owns 1,731 shares of the wireless technology company's stock valued at $266,000 after purchasing an additional 141 shares during the period. Financial Management Professionals Inc. increased its position in QUALCOMM by 23.5% during the 1st quarter. Financial Management Professionals Inc. now owns 1,128 shares of the wireless technology company's stock worth $173,000 after purchasing an additional 215 shares during the period. Finally, Teamwork Financial Advisors LLC purchased a new position in shares of QUALCOMM during the 1st quarter worth approximately $2,792,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

QUALCOMM Company Profile

(Get Free Report)

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

Read More

• Five stocks we like better than QUALCOMM
• 2 Fintech Stocks to Buy Now and 1 to Avoid
• Joby Aviation: Operational Momentum vs. Market Sentiment
• How to Buy Gold Stock and Invest in Gold
• Broadcom's Big Outperformance Shows Strength Amid Tariff Decline
• Insider Trades May Not Tell You What You Think
• Carvana: Can Turnaround Strength Outdrive Market Headwinds?

Should You Invest $1,000 in QUALCOMM Right Now?

Before you consider QUALCOMM, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and QUALCOMM wasn't on the list.

While QUALCOMM currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here