QUALCOMM (NASDAQ:QCOM) EVP Ann Chaplin Sells 7,180 Shares of Stock

QUALCOMM Incorporated (NASDAQ:QCOM) EVP Ann Chaplin sold 7,180 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total value of $1,278,255.40. Following the sale, the executive vice president owned 23,944 shares in the company, valued at approximately $4,262,750.32. This represents a 23.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

QUALCOMM Price Performance

Shares of QCOM stock traded down $3.78 during trading hours on Wednesday, reaching $172.34. The stock had a trading volume of 8,497,103 shares, compared to its average volume of 8,739,054. The stock’s fifty day simple moving average is $171.15 and its 200 day simple moving average is $162.75. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The firm has a market capitalization of $184.58 billion, a PE ratio of 35.24, a PEG ratio of 3.93 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The business had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. During the same quarter in the prior year, the firm posted $2.69 EPS. QUALCOMM’s revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.

Wall Street Analysts Forecast Growth

QCOM has been the topic of a number of research analyst reports. Piper Sandler upped their target price on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Cowen restated a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. Mizuho raised their target price on shares of QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a research note on Thursday, November 6th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $185.00 price target on shares of QUALCOMM in a report on Tuesday. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, QUALCOMM presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.94.

Institutional Trading of QUALCOMM

Several hedge funds and other institutional investors have recently bought and sold shares of QCOM. Brighton Jones LLC raised its position in QUALCOMM by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after purchasing an additional 9,343 shares during the period. 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. Aviso Financial Inc. increased its holdings in shares of QUALCOMM by 4.4% in the first quarter. Aviso Financial Inc. now owns 8,582 shares of the wireless technology company’s stock worth $1,318,000 after buying an additional 363 shares during the period. Aptus Capital Advisors LLC lifted its stake in shares of QUALCOMM by 178.8% in the 1st quarter. Aptus Capital Advisors LLC now owns 79,221 shares of the wireless technology company’s stock valued at $12,169,000 after acquiring an additional 50,802 shares during the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc boosted its holdings in QUALCOMM by 39.1% during the 1st quarter. Texas Capital Bank Wealth Management Services Inc now owns 5,793 shares of the wireless technology company’s stock valued at $890,000 after acquiring an additional 1,629 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

About QUALCOMM

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.