QUALCOMM (NASDAQ:QCOM) EVP Akash Palkhiwala Sells 3,333 Shares

February 7, 2026 by InsiderTrades.com

Key Points

QUALCOMM EVP Akash Palkhiwala sold 3,333 shares at an average price of $137.65 for $458,787.45, trimming his stake by 8.56% to 35,599 shares; the transaction was disclosed in an SEC filing.
QUALCOMM beat Q1 estimates with adjusted EPS of $3.50 and revenue of $12.25B, but issued cautious Q2 guidance (EPS $2.45–$2.65) and warned that a memory shortage could limit handset shipments, driving analyst cuts and elevated stock volatility.
The company declared a $0.89 quarterly dividend ( $3.56 annualized, 2.6% yield, 72.8% payout ratio), while consensus analyst sentiment is a "Hold" with an average price target near $167.68.

QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) EVP Akash Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the sale, the executive vice president directly owned 35,599 shares of the company's stock, valued at $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

QUALCOMM Trading Up 0.8%

Intel Stock Is Priced for Ruin, But the AI Offensive Is Here

QCOM opened at $137.34 on Friday. The business's 50-day simple moving average is $167.14 and its 200-day simple moving average is $164.91. The company has a market cap of $146.54 billion, a P/E ratio of 28.38, a PEG ratio of 3.05 and a beta of 1.22. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.10 and a current ratio of 2.51.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating the consensus estimate of $3.38 by $0.12. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The company had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. During the same period in the prior year, the firm posted $3.41 earnings per share. The firm's revenue was up 4.7% on a year-over-year basis. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, equities research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

MarketBeat Week in Review – 02/02 - 02/06

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be given a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.6%. QUALCOMM's payout ratio is 72.80%.

Hedge Funds Weigh In On QUALCOMM

Several institutional investors and hedge funds have recently added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. boosted its position in shares of QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company's stock worth $26,000 after purchasing an additional 65 shares in the last quarter. Cloud Capital Management LLC purchased a new position in shares of QUALCOMM in the 3rd quarter valued at about $27,000. Richardson Financial Services Inc. lifted its stake in shares of QUALCOMM by 90.9% in the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock valued at $29,000 after purchasing an additional 80 shares during the period. Torren Management LLC purchased a new stake in QUALCOMM during the fourth quarter worth about $29,000. Finally, Glass Jacobson Investment Advisors llc grew its position in QUALCOMM by 113.5% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company's stock worth $32,000 after buying an additional 101 shares during the period. Institutional investors and hedge funds own 74.35% of the company's stock.

QUALCOMM News Roundup

Qualcomm Is Back at 2020 Levels—Warning or Opportunity?

Here are the key news stories impacting QUALCOMM this week:

Positive Sentiment: Q1 beat — Qualcomm reported adjusted EPS of $3.50 and strong revenue in automotive/handsets, beating consensus and showing demand in non‑handset end markets. Qualcomm Surpasses Q1 Earnings
Positive Sentiment: Analysts still see upside — Several firms cut price targets but kept positive stances (Argus lowered PT to $180, JPMorgan to $185, Rosenblatt reiterated buy), leaving multi‑dozen percent upside from current levels according to those shops; this supports short‑covering/relief buying. Analyst Price Target Changes
Neutral Sentiment: Market view is mixed/hold consensus — Broker consensus sits around “Hold” as firms reassess forward visibility; that keeps headline analyst guidance fragmented and can sustain volatility until memory supply clarity arrives. Consensus Rating of Hold
Neutral Sentiment: Technicals/positioning matter — Coverage notes Qualcomm has moved back to 2020 price levels and is extremely oversold; that can produce sharp, short‑term bounces even if fundamentals remain challenged. Qualcomm Is Back at 2020 Levels
Negative Sentiment: Weak Q2 guidance driven by memory shortage — Management warned memory constraints will limit handset shipments and revenue in the near term; that outlook triggered the large post‑earnings drop and remains the main fundamental headwind. Memory Shortage Report
Negative Sentiment: Analyst cuts and downgrades — Some firms (Evercore cut PT to $134, Bank of America moved to neutral) reduced forecasts after the cautious outlook, increasing near‑term downside risk if memory issues persist. Analyst Forecast Cuts
Negative Sentiment: Volatility risk remains high — The combination of supply uncertainty, heavy post‑earnings selling, and mixed analyst views means QCOM can swing sharply; expect elevated intraday moves and headline sensitivity until memory supply trends or handset orders normalize. CNBC Coverage of Selloff

Wall Street Analyst Weigh In

Several research firms have recently weighed in on QCOM. Citigroup reissued a "neutral" rating on shares of QUALCOMM in a report on Thursday, January 15th. Wall Street Zen downgraded QUALCOMM from a "buy" rating to a "hold" rating in a report on Tuesday, December 9th. Cantor Fitzgerald cut their target price on shares of QUALCOMM from $185.00 to $160.00 and set a "neutral" rating on the stock in a report on Monday. Robert W. Baird set a $177.00 price target on shares of QUALCOMM in a research note on Thursday. Finally, Rosenblatt Securities lowered their price objective on shares of QUALCOMM from $225.00 to $190.00 and set a "buy" rating on the stock in a research report on Thursday. Ten investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, QUALCOMM currently has a consensus rating of "Hold" and a consensus price target of $167.68.

View Our Latest Stock Report on QUALCOMM

QUALCOMM Company Profile

(Get Free Report)

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.