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

Key Points

• CEO Cristiano Amon sold 10,000 Qualcomm shares for approximately $1.95 million under a pre-arranged Rule 10b5-1 trading plan, reducing his stake by 5.06% to 187,568 shares.
• Qualcomm shares were trading near $197, down 0.5%, while analysts maintained a consensus “Hold” rating with an average price target of $204.10.
• The company reported quarterly revenue of $9.95 billion but narrowly missed earnings estimates, and recently declared a quarterly dividend of $0.92 per share, equivalent to a 1.9% yield.

Qualcomm Incorporated (NASDAQ:QCOM - Get Free Report) CEO Cristiano Amon sold 10,000 shares of the company's stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $195.00, for a total value of $1,950,000.00. Following the sale, the chief executive officer owned 187,568 shares in the company, valued at approximately $36,575,760. This represents a 5.06% decrease in their position. The sale was disclosed in a 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 Down 0.5%

Shares of NASDAQ:QCOM traded down $1.03 during midday trading on Wednesday, hitting $197.24. The stock had a trading volume of 9,684,458 shares, compared to its average volume of 15,693,869. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $259.92. 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 business's 50-day simple moving average is $168.72 and its 200-day simple moving average is $173.25. The company has a market cap of $207.15 billion, a P/E ratio of 22.83, a PEG ratio of 4.05 and a beta of 1.68.

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

Qualcomm Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm's dividend payout ratio is presently 42.59%.

Wall Street Analyst Weigh In

QCOM has been the subject of a number of research analyst reports. KeyCorp reiterated a "sector weight" rating on shares of Qualcomm in a report on Wednesday, September 9th. Dbs Bank raised Qualcomm to a "moderate buy" rating in a research report on Tuesday, July 7th. Mizuho boosted their target price on Qualcomm from $170.00 to $210.00 and gave the stock a "neutral" rating in a report on Monday, June 29th. Freedom Capital upgraded Qualcomm from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 7th. Finally, Lake Street Capital downgraded Qualcomm to a "hold" rating in a report on Thursday, June 25th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have given a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $204.10.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: New AI-focused Snapdragon chips: Qualcomm introduced the Snapdragon 8 Elite Gen 6 and 8 Elite Extreme Gen 6, built on a 2nm process and designed for faster, more efficient on-device and “agentic” AI. Early commitments from Xiaomi, OnePlus, vivo and OPPO could support premium-chip pricing and improve Qualcomm’s position in high-end Android phones. Qualcomm launches two new smartphone chips with emphasis on AI
• Positive Sentiment: PickNik acquisition strengthens physical AI: The planned acquisition of PickNik Robotics, whose technology includes the MoveIt motion-planning framework, expands Qualcomm’s Dragonwing robotics platform into industrial automation, logistics and other non-handset markets. Investors view the software integration as a potential developer-ecosystem advantage and a source of longer-term revenue diversification. Qualcomm strengthens physical AI push with PickNik acquisition
• Positive Sentiment: Data-center expansion adds another catalyst: Optical interconnect demonstrations with Corning and Lumentum, along with two custom data-center chip programs expected to begin producing revenue in the December quarter, offer a potential offset to future Apple modem losses and reduce Qualcomm’s dependence on smartphone upgrades. Qualcomm AI interconnect demonstration
• Neutral Sentiment: Valuation has caught up with the rally: Analysts’ average 12-month target is approximately $204, close to recent trading levels, while the consensus rating remains Hold. Qualcomm’s buybacks, dividend and roughly 1.8% yield provide shareholder support, but investors want evidence that AI initiatives can accelerate revenue and earnings. Chips to Bots: Qualcomm’s Agentic AI Breakout
• Negative Sentiment: Near-term risks remain: The smartphone market is facing elevated memory costs and weaker demand, while Qualcomm’s latest reported revenue declined year over year. Apple’s move toward proprietary modem technology remains a medium-term headwind, and critics argue that the AI opportunity may not yet justify a premium multiple.

Hedge Funds Weigh In On Qualcomm

A number of hedge funds have recently bought and sold shares of QCOM. Caitong International Asset Management Co. Ltd boosted its stake in shares of Qualcomm by 17,000.0% in the fourth 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 during the period. ABS Investment Management LLC purchased a new position in Qualcomm in the 2nd quarter valued at approximately $34,000. ABS Direct Equity Fund LLC acquired a new position in shares of Qualcomm in the second quarter worth $34,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of Qualcomm during the fourth quarter worth $32,000. Finally, Your Advocates Ltd. LLP purchased a new stake in shares of Qualcomm during the first quarter worth $26,000. 74.35% of the stock is owned by institutional investors.

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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