Qualcomm (NASDAQ:QCOM) EVP Sells $529,750.00 in Stock

May 14, 2026 by InsiderTrades.com

Key Points

Qualcomm EVP Akash Palkhiwala sold 2,500 shares on May 12 for about $529,750, reducing his stake by 8.15%. The transaction was made under a pre-arranged Rule 10b5-1 plan, which can signal routine insider selling rather than a directional view on the stock.
Qualcomm reported stronger-than-expected quarterly results, with EPS of $2.65 beating estimates and revenue of $10.60 billion nearly matching forecasts. However, revenue still declined 3.5% year over year.
The company also raised its quarterly dividend to $0.92 per share and has an active $20 billion share buyback program, highlighting continued capital returns to shareholders.

Qualcomm Incorporated (NASDAQ:QCOM - Get Free Report) EVP Akash Palkhiwala sold 2,500 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $211.90, for a total transaction of $529,750.00. Following the transaction, the executive vice president owned 28,184 shares of the company's stock, valued at $5,972,189.60. This represents a 8.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Price Performance

Qualcomm Stock Doubles: New Era? Or Another False Start?

Shares of NASDAQ:QCOM opened at $213.21 on Thursday. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $224.72 billion, a PE ratio of 23.18, a P/E/G ratio of 26.05 and a beta of 1.49. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $247.90. The company has a 50-day moving average price of $144.88 and a two-hundred day moving average price of $157.33.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping analysts' consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The company's quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the business earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Equities analysts forecast that Qualcomm Incorporated will post 7.99 EPS for the current year.

Qualcomm Increases Dividend

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The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.7%. This is a boost from Qualcomm's previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm's dividend payout ratio (DPR) is presently 38.70%.

Qualcomm declared that its Board of Directors has authorized a stock buyback plan 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 stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.

Institutional Trading of Qualcomm

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Hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Qualcomm by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company's stock valued at $2,666,000 after buying an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Qualcomm by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company's stock valued at $391,000 after buying an additional 340 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Qualcomm by 44.3% during the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company's stock valued at $530,000 after buying an additional 1,020 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in shares of Qualcomm by 6.1% during the second quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company's stock valued at $920,000 after buying an additional 333 shares during the last quarter. Finally, Transamerica Financial Advisors LLC grew its stake in shares of Qualcomm by 9.7% during the second quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company's stock valued at $1,083,000 after buying an additional 603 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $140.00 price target (down from $175.00) on shares of Qualcomm in a report on Thursday, March 26th. TD Cowen lifted their price objective on shares of Qualcomm from $150.00 to $200.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Susquehanna lifted their price objective on shares of Qualcomm from $140.00 to $160.00 and gave the stock a "neutral" rating in a report on Thursday, April 30th. Daiwa Securities Group raised shares of Qualcomm from a "neutral" rating to an "outperform" rating and set a $225.00 price objective for the company in a report on Friday, May 8th. Finally, Craig Hallum raised Qualcomm to a "buy" rating in a research note on Friday, May 8th. Fourteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $180.37.

Read Our Latest Research Report on Qualcomm

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: Several analysts raised or reiterated positive views on Qualcomm, including higher price targets, reflecting confidence that the stock still has upside after the recent rally. Qualcomm (QCOM) price target increased by 12.91% to 180.60
Positive Sentiment: Investors are encouragingly viewing Qualcomm’s hyperscaler/custom silicon win and AI ambitions as a new growth engine that could expand the company beyond handset chips. Qualcomm: The Cheapest AI Winner (Rating Upgrade)
Positive Sentiment: Qualcomm’s new Snapdragon platforms and AI-powered mobile features are supporting the bullish case that its smartphone business can still drive growth while the company expands into AI-adjacent markets. QUALCOMM Incorporated (QCOM) Eyes Smartphone Growth with New Snapdragon Platforms
Positive Sentiment: Coverage on the broader semiconductor rebound and renewed AI chip buying is helping sentiment for Qualcomm alongside peers like Intel and AMD. Intel, AMD, Qualcomm Stocks Rise as AI Chip Rally Reignites
Neutral Sentiment: Wall Street commentary suggests the semiconductor trade may be cooling after a strong run, which could keep QCOM volatile even if the long-term AI story remains intact. Wall Street Is Worried About a ‘Sizzling' Semiconductor Trade
Neutral Sentiment: Qualcomm insider selling by EVP Akash J. Palkhiwala may raise some caution, though the sale was made under a pre-arranged trading plan and does not necessarily signal a change in outlook.
Negative Sentiment: Some analysts remain cautious, warning that Qualcomm’s rally may have run ahead of fundamentals and that smartphone weakness still creates near-term risk. Wall Street analysts update Qualcomm’s stock price target for the next 12 months
Negative Sentiment: Reports of Qualcomm tumbling with other chip and AI names on risk-off trading highlight how quickly sentiment can reverse if investors pull back from the sector. Qualcomm tumbles, leading semiconductor and AI stocks lower

About Qualcomm

(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.