Key Points
- QUALCOMM CAO Patricia Grech sold 513 shares on Nov. 21 at an average price of $160.95, receiving $82,567 and cutting her holdings to 203 shares (a 71.65% reduction).
- QUALCOMM beat quarterly expectations with $3.00 EPS (vs. $2.87 est.) and $11.27B revenue (vs. $10.74B est.), and set Q1 2026 guidance of $3.30–$3.50 EPS.
- The company announced a $0.89 quarterly dividend (2.2% yield, ex-dividend Dec. 4), and analysts hold a consensus "Moderate Buy" rating with an average price target of $190.38.
QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) CAO Patricia Grech sold 513 shares of QUALCOMM stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $160.95, for a total transaction of $82,567.35. Following the sale, the chief accounting officer directly owned 203 shares of the company's stock, valued at $32,672.85. The trade was a 71.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
QUALCOMM Stock Performance
QUALCOMM stock traded up $3.71 during trading hours on Friday, hitting $163.30. The company had a trading volume of 10,811,370 shares, compared to its average volume of 8,798,785. The firm has a 50-day moving average of $169.34 and a 200 day moving average of $159.69. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The firm has a market cap of $174.89 billion, a PE ratio of 15.75, a PEG ratio of 2.59 and a beta of 1.26. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95.
QUALCOMM (NASDAQ:QCOM - Get Free Report) last posted its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. The company had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm's revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, sell-side analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.
QUALCOMM Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 annualized dividend and a yield of 2.2%. QUALCOMM's dividend payout ratio (DPR) is presently 72.80%.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on QCOM shares. Susquehanna set a $210.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. TD Cowen lifted their price objective on shares of QUALCOMM from $185.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday, November 6th. Rosenblatt Securities reissued a "buy" rating and issued a $225.00 price objective on shares of QUALCOMM in a report on Thursday, November 6th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of QUALCOMM in a report on Wednesday. Finally, Piper Sandler boosted their price target on QUALCOMM from $175.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $190.38.
Check Out Our Latest Stock Report on QUALCOMM
Hedge Funds Weigh In On QUALCOMM
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted 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 worth $18,260,635,000 after purchasing an additional 290,799 shares during the period. Kingstone Capital Partners Texas LLC grew its stake in QUALCOMM by 656,661.0% during the second quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company's stock worth $9,360,274,000 after purchasing an additional 58,764,593 shares during the period. State Street Corp grew its stake in QUALCOMM by 0.8% during the second quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company's stock worth $8,547,014,000 after purchasing an additional 420,352 shares during the period. Norges Bank bought a new stake in QUALCOMM in the second quarter worth approximately $2,713,603,000. Finally, Amundi lifted its stake in QUALCOMM by 9.9% in the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company's stock valued at $2,136,486,000 after buying an additional 1,138,541 shares during the period. Institutional investors own 74.35% of the company's stock.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
