Qualcomm (NASDAQ:QCOM) Shares Sold Off Rep. Maria Elvira Salazar

Key Points

• Rep. Maria Elvira Salazar sold $1,001–$15,000 of Qualcomm shares from her UBS IRA on August 19, following another Qualcomm sale in August. She also traded shares of IBM, Moderna, Merck, Chubb, SpaceX and Berkshire Hathaway.
• Qualcomm reported $9.95 billion in quarterly revenue, exceeding estimates, but EPS narrowly missed expectations and revenue declined 4% year over year. The company declared a quarterly dividend of $0.92 per share, equivalent to a 2.1% yield.
• Qualcomm’s data-center expansion received a boost from an Amazon partnership that could involve up to $60 billion in purchases through 2036, though Apple’s increasing use of in-house modems remains a risk to its handset business. Analysts maintain a consensus “Hold” rating with a $204.10 target price.

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of Qualcomm Incorporated NASDAQ: QCOM. In a filing disclosed on September 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Qualcomm stock on August 19th. The trade occurred in the Representative's "UBS IRA ACCOUNT" account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 8/24/2026.
• Sold $1,001 - $15,000 in shares of Moderna NASDAQ: MRNA on 8/19/2026.
• Purchased $1,001 - $15,000 in shares of Moderna NASDAQ: MRNA on 8/19/2026.
• Purchased $15,001 - $50,000 in shares of Merck & Co., Inc. NYSE: MRK on 8/19/2026.
• Sold $15,001 - $50,000 in shares of Chubb NYSE: CB on 8/19/2026.
• Sold $1,001 - $15,000 in shares of Qualcomm NASDAQ: QCOM on 8/12/2026.
• Purchased $1,001 - $15,000 in shares of SpaceX NASDAQ: SPCX on 8/12/2026.
• Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 8/7/2026.
• Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 7/28/2026.
• Purchased $15,001 - $50,000 in shares of Berkshire Hathaway NYSE: BRK.B on 7/28/2026.

Qualcomm Price Performance

Shares of QCOM opened at $176.88 on Friday. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The business has a 50-day simple moving average of $168.34 and a two-hundred day simple moving average of $170.75. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The stock has a market cap of $185.76 billion, a PE ratio of 20.47, a PEG ratio of 3.68 and a beta of 1.68.

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

Qualcomm Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.1%. Qualcomm's dividend payout ratio (DPR) is 42.59%.

Insider Activity

In other news, EVP Heather Ace sold 3,200 shares of Qualcomm stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the sale, the executive vice president owned 36,535 shares in the company, valued at $5,372,106.40. The trade was a 8.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash Palkhiwala sold 2,500 shares of the company's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total transaction of $408,150.00. Following the transaction, the executive vice president owned 20,684 shares in the company, valued at $3,376,869.84. This represents a 10.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 9,033 shares of company stock worth $1,467,844 in the last quarter. 0.05% of the stock is owned by corporate insiders.

Institutional Trading of Qualcomm

Several institutional investors have recently added to or reduced their stakes in QCOM. Your Advocates Ltd. LLP acquired a new stake in Qualcomm during the 1st quarter worth about $26,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company's stock valued at $29,000 after purchasing an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. bought a new position in shares of Qualcomm during the 4th quarter worth approximately $31,000. Commonwealth Retirement Investments LLC bought a new position in shares of Qualcomm during the 4th quarter worth approximately $32,000. Finally, ABS Investment Management LLC acquired a new stake in shares of Qualcomm during the 2nd quarter worth approximately $34,000. 74.35% of the stock is currently owned by institutional investors.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Amazon deal strengthens Qualcomm’s data-center story. AWS will use Qualcomm custom data-center chips and optical networking technology, with warrants and potential purchases of up to $60 billion through 2036. The agreement provides tangible customer validation for Qualcomm’s push into AI infrastructure and diversifies revenue beyond mobile handsets. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• Positive Sentiment: Management sees a sizable long-term opportunity. Qualcomm’s CFO highlighted a potential $5 billion data-center business and said its “port once” software and hardware approach could attract additional hyperscaler and AI-chip customers. Analysts and market commentators view the Amazon partnership as a meaningful change in the company’s investment thesis. Qualcomm up 3% on Amazon AI pact; CFO eyes $5B data center target
• Positive Sentiment: Rosenblatt reaffirmed a Buy rating with a $235 price target, implying substantial upside from the reference price. The target reflects optimism that AI infrastructure, data centers and other new markets can offset slower mobile-chip growth. Qualcomm analyst rating and price target
• Neutral Sentiment: Investors are comparing Qualcomm with ASML as both semiconductor companies pursue AI and advanced-chip opportunities, but the comparison does not provide a specific new earnings forecast or valuation change for QCOM. ASML vs. QCOM: Which Semiconductor Stock is the Better Buy Now?
• Negative Sentiment: Apple is gradually reducing its dependence on Qualcomm. The iPhone 18 Pro reportedly uses Apple’s C2 modem, although the Pro Max still appears to rely on Qualcomm technology in some markets. Further in-house modem adoption could pressure Qualcomm’s handset revenue and licensing relationship with Apple. iPhone 18 Pro Debuts C2 Modem As Apple Keeps Weaning Off Qualcomm
• Neutral Sentiment: Reported short-interest data appears unreliable: the update lists zero shares on both dates and a zero-day cover ratio, while also showing an undefined percentage change. It therefore offers no meaningful indication of changing bearish positioning.

Analyst Ratings Changes

Several equities research analysts recently commented on QCOM shares. JPMorgan Chase & Co. lifted their target price on shares of Qualcomm from $160.00 to $265.00 and gave the stock a "neutral" rating in a research report on Friday, June 5th. Rosenblatt Securities restated a "buy" rating and issued a $235.00 price target on shares of Qualcomm in a research report on Wednesday. HSBC reaffirmed a "hold" rating on shares of Qualcomm in a research note on Wednesday, July 15th. Robert W. Baird set a $400.00 price target on shares of Qualcomm in a report on Thursday, July 30th. Finally, Lake Street Capital cut shares of Qualcomm to a "hold" rating in a research note on Thursday, June 25th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $204.10.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida's 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida's 27th Congressional District. She won in the general election on November 5, 2024. Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About Qualcomm

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.

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