Key Points
- Qualcomm EVP Akash Palkhiwala sold 2,500 shares at an average price of $130.34 for $325,850, leaving him with 30,684 shares (a 7.53% reduction) in a transaction executed under a pre-arranged Rule 10b5-1 trading plan and disclosed to the SEC.
- The company’s board approved a $20 billion share buyback program on March 17, authorizing repurchases of up to about 14.5% of outstanding shares, a move typically signaling the board views the stock as undervalued.
- Qualcomm recently beat quarterly expectations with $3.50 EPS (vs. $3.38 consensus) and $12.25 billion in revenue, and set Q2 2026 guidance of EPS $2.45–2.65, while analysts’ consensus for the year is about 9.39 EPS and the consensus rating is "Hold."
Qualcomm Incorporated (NASDAQ:QCOM - Get Free Report) EVP Akash Palkhiwala sold 2,500 shares of the firm's stock in a transaction on Monday, April 13th. The stock was sold at an average price of $130.34, for a total value of $325,850.00. Following the completion of the sale, the executive vice president directly owned 30,684 shares of the company's stock, valued at $3,999,352.56. This represents a 7.53% decrease in their ownership of the stock. The transaction 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
Qualcomm stock opened at $131.24 on Tuesday. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $205.95. The business has a fifty day moving average price of $135.14 and a 200-day moving average price of $157.25. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. The firm has a market capitalization of $140.03 billion, a P/E ratio of 27.12 and a beta of 1.28.
Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping analysts' consensus estimates of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.16 billion. During the same period last year, the company earned $3.41 earnings per share. The business's revenue for the quarter 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 forecast that Qualcomm Incorporated will post 9.39 EPS for the current year.
Qualcomm declared that its board has approved a share buyback program on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.
Institutional Investors Weigh In On Qualcomm
Several hedge funds have recently added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. lifted its stake in Qualcomm by 72.2% during the third 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 during the last quarter. Cloud Capital Management LLC bought a new stake in Qualcomm during the third quarter worth about $27,000. Richardson Financial Services Inc. lifted its stake in Qualcomm by 90.9% during the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock worth $29,000 after purchasing an additional 80 shares during the last quarter. Torren Management LLC bought a new stake in Qualcomm during the fourth quarter worth about $29,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in Qualcomm by 17,000.0% during the fourth 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. Institutional investors own 74.35% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms recently commented on QCOM. Zacks Research cut Qualcomm from a "hold" rating to a "strong sell" rating in a research report on Tuesday, January 27th. Royal Bank Of Canada reduced their target price on Qualcomm from $180.00 to $150.00 and set a "sector perform" rating for the company in a research report on Thursday, February 5th. UBS Group restated a "neutral" rating on shares of Qualcomm in a research report on Monday, February 2nd. Mizuho reduced their target price on Qualcomm from $160.00 to $140.00 and set a "neutral" rating for the company in a research report on Thursday, February 5th. Finally, Daiwa Securities Group cut Qualcomm from an "outperform" rating to a "neutral" rating and set a $140.00 target price for the company. in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $163.77.
Check Out Our Latest Research 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.
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