Qualcomm (NASDAQ:QCOM) CEO Cristiano Amon Sells 10,000 Shares of Company Stock

Key Points

  • Qualcomm CEO Cristiano Amon sold 10,000 shares at an average price of $200, generating $2 million. The sale was made under a pre-arranged Rule 10b5-1 plan, leaving him with 177,568 shares.
  • Qualcomm renewed its global patent-licensing agreement with Apple through 2027, improving near-term visibility for licensing revenue, while investors continue to assess the longer-term risk of Apple developing more modem technology in-house.
  • The company is positioning Snapdragon chips and automotive platforms for growth in on-device and “agentic” AI, but faces weaker smartphone demand and elevated memory costs. Its latest quarterly EPS missed estimates and revenue declined 4% year over year.

Qualcomm Incorporated (NASDAQ:QCOM - Get Free Report) CEO Cristiano Amon sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $200.00, for a total transaction of $2,000,000.00. Following the sale, the chief executive officer owned 177,568 shares of the company's stock, valued at $35,513,600. This represents a 5.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Up 4.0%

QCOM stock opened at $201.97 on Friday. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The firm has a market cap of $212.11 billion, a PE ratio of 23.38, a PEG ratio of 4.05 and a beta of 1.68. The firm's 50 day moving average price is $170.18 and its 200-day moving average price is $174.29. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). The business had revenue of $9.95 billion during the quarter, compared to analysts' expectations of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The company's revenue was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, equities research analysts anticipate that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement




The firm also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd were issued a dividend of $0.92 per share. The ex-dividend date was Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.8%. Qualcomm's dividend payout ratio is currently 42.59%.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

  • Positive Sentiment: Qualcomm renewed its global patent-licensing agreement with Apple through 2027. The extension provides greater visibility for Qualcomm Technology Licensing (QTL) revenue and signals continued reliance on Qualcomm’s intellectual property, despite earlier uncertainty about the deal’s terms. Qualcomm renews Apple patent deal
  • Positive Sentiment: Investors are increasingly viewing Qualcomm’s Snapdragon chips and automotive platforms as vehicles for on-device and “agentic” AI growth. New smartphone processors, AI-enabled edge devices, automotive computing initiatives and a potential robotics expansion could reduce the company’s dependence on cyclical handset upgrades. Qualcomm pushes AI from phones to cars and edge devices
  • Positive Sentiment: Options activity was unusually strong, with traders purchasing approximately 140,153 call options—about 29% above average call volume—suggesting elevated short-term bullish speculation and investor interest in the rally.
  • Neutral Sentiment: The Apple renewal initially prompted selling because investors questioned its duration and Qualcomm’s longer-term exposure to Apple modem insourcing. Buyers later returned, indicating that the agreement’s near-term licensing benefits are outweighing those concerns. Qualcomm rallies as buyers reassess Apple renewal
  • Negative Sentiment: Qualcomm still faces weaker smartphone demand, elevated memory costs and the eventual risk of losing portions of Apple’s modem business. Its latest quarterly earnings per share missed estimates, while revenue declined year over year, keeping the fundamental outlook less certain.
  • Negative Sentiment: CEO Cristiano Amon sold 10,000 shares for $1.95 million under a pre-arranged Rule 10b5-1 plan. The scheduled transaction is a modest negative signal, although it does not necessarily indicate a change in management’s outlook. Qualcomm CEO sells shares

Hedge Funds Weigh In On Qualcomm

Several hedge funds have recently bought and sold shares of QCOM. BlackRock Inc. purchased a new position in Qualcomm during the 2nd quarter valued at about $17,583,115,000. Norges Bank purchased a new stake in Qualcomm during the fourth quarter worth about $2,591,056,000. Bank of New York Mellon Corp acquired a new stake in shares of Qualcomm during the second quarter worth about $1,523,930,000. Deutsche Bank AG acquired a new stake in shares of Qualcomm during the second quarter worth about $1,178,349,000. Finally, Amundi lifted its position in shares of Qualcomm by 94.1% during the second quarter. Amundi now owns 10,195,741 shares of the wireless technology company's stock worth $1,884,071,000 after purchasing an additional 4,942,908 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on QCOM shares. Rosenblatt Securities restated a "buy" rating and issued a $235.00 price objective on shares of Qualcomm in a report on Wednesday, September 9th. The Goldman Sachs Group set a $160.00 target price on shares of Qualcomm in a research note on Thursday, July 30th. Robert W. Baird set a $400.00 price target on shares of Qualcomm in a research report on Thursday, July 30th. Oppenheimer set a $200.00 price target on shares of Qualcomm in a research report on Monday, July 27th. Finally, Zacks Research downgraded shares of Qualcomm from a "hold" rating to a "strong sell" rating in a research note on Tuesday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Qualcomm has an average rating of "Hold" and an average target price of $204.10.

View Our Latest Report on QCOM

About Qualcomm

(Get Free Report)

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.

Further Reading

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