Akash Palkhiwala Sells 2,500 Shares of Qualcomm (NASDAQ:QCOM) Stock

June 12, 2026 by InsiderTrades.com

Qualcomm Incorporated (NASDAQ:QCOM - Get Free Report) EVP Akash Palkhiwala sold 2,500 shares of the business's stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $197.35, for a total transaction of $493,375.00. Following the sale, the executive vice president directly owned 25,684 shares in the company, valued at approximately $5,068,737.40. The trade was a 8.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Performance

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NASDAQ QCOM opened at $202.96 on Friday. The firm's fifty day moving average price is $182.74 and its two-hundred day moving average price is $164.53. The stock has a market cap of $213.92 billion, a PE ratio of 22.06, a PEG ratio of 23.65 and a beta of 1.59. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $259.92. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted 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 for the quarter, compared to analysts' expectations of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The company's revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, equities analysts expect that Qualcomm Incorporated will post 8 EPS for the current fiscal year.

Qualcomm Increases Dividend

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The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, June 4th. This is a boost from Qualcomm's previous quarterly dividend of $0.89. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.8%. Qualcomm's payout ratio is presently 40.00%.

Qualcomm announced that its board has authorized a share repurchase program on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

Qualcomm News Summary

MarketBeat Week in Review – 05/11 - 05/15

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: Qualcomm’s AI growth story got another boost as coverage highlighted its ecosystem expanding into humanoid robots and autonomous vehicles, reinforcing the company’s push beyond smartphones. Qualcomm’s AI Ecosystem Extends To Humanoid Robots And Autonomous Vehicles
Positive Sentiment: JPMorgan reportedly raised its price target on Qualcomm to $265 from $160 ahead of the company’s June 24 investor day, signaling expectations for a stronger long-term growth outlook and more credibility around its data-center and AI ambitions. Why 1 veteran analyst firm hiked its Qualcomm stock price target for 2026
Positive Sentiment: QCraft said it demonstrated urban NOA on Qualcomm’s Snapdragon Ride platform and is targeting global mass production in 2026, supporting Qualcomm’s automotive chip opportunity. QCraft Demonstrates Urban NOA on Qualcomm's Latest Snapdragon Ride SoC, Targets 2026 Global Mass Production
Neutral Sentiment: Erste Group trimmed its FY2027 EPS estimate to $7.66 from $7.79, a modest reduction that may add to investor caution but does not materially change the longer-term story.
Negative Sentiment: An executive vice president sold 2,500 shares under a pre-arranged 10b5-1 plan, which can be viewed as a mild overhang even though the sale was routine and not necessarily a bearish signal. SEC filing for Akash J. Palkhiwala transaction
Negative Sentiment: Recent commentary also notes Qualcomm has been caught in a broader semiconductor selloff and profit-taking after a strong AI-driven run, which is weighing on the shares in the near term. Qualcomm Slips, Shorter-Term Momentum Cools From Roller Coaster AI Highs

Wall Street Analysts Forecast Growth

QCOM has been the topic of several analyst reports. Wells Fargo & Company cut shares of Qualcomm from a "positive" rating to an "underweight" rating in a research note on Friday, May 8th. Argus set a $220.00 price objective on shares of Qualcomm in a research note on Friday, May 1st. Craig Hallum raised shares of Qualcomm to a "buy" rating in a research note on Friday, May 8th. Summit Insights raised shares of Qualcomm from a "hold" rating to a "buy" rating in a research note on Thursday, April 30th. Finally, Freedom Capital cut shares of Qualcomm from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 13th. Fourteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Qualcomm has an average rating of "Hold" and a consensus price target of $181.79.

Read Our Latest Stock Report on QCOM

Institutional Trading of Qualcomm

Several institutional investors have recently modified their holdings of the business. Pine Valley Investments Ltd Liability Co boosted its position in Qualcomm by 2.3% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 29,713 shares of the wireless technology company's stock valued at $3,826,000 after acquiring an additional 665 shares during the last quarter. Chelsea Counsel Co. boosted its position in Qualcomm by 12.0% during the first quarter. Chelsea Counsel Co. now owns 6,518 shares of the wireless technology company's stock valued at $839,000 after acquiring an additional 700 shares during the last quarter. CoreFirst Bank & Trust boosted its position in Qualcomm by 17.3% during the first quarter. CoreFirst Bank & Trust now owns 712 shares of the wireless technology company's stock valued at $92,000 after acquiring an additional 105 shares during the last quarter. First Nebraska Trust Co bought a new stake in Qualcomm during the first quarter valued at $17,774,000. Finally, Financial Solutions Advisory Group Inc. bought a new stake in Qualcomm during the first quarter valued at $368,000. Institutional investors own 74.35% of the company's stock.

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.