Insider Selling: QUALCOMM (NASDAQ:QCOM) CEO Sells 150,000 Shares of Stock

Key Points

• QUALCOMM CEO Cristiano Amon sold 150,000 shares of stock at an average price of $165.56, resulting in a total transaction value of approximately $24.83 million and a 50.12% decrease in his position.
• The company recently declared a quarterly dividend of $0.89 per share, reflecting an annualized yield of 2.1%, with a payout ratio of 34.33%.
• QUALCOMM's latest quarterly earnings reported $2.77 earnings per share, exceeding analysts' expectations and showing a revenue increase of 10.4% year-over-year.

QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) CEO Cristiano Amon sold 150,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the sale, the chief executive officer owned 149,304 shares of the company's stock, valued at approximately $24,718,770.24. The trade was a 50.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

QUALCOMM Stock Performance

NASDAQ QCOM traded up $0.33 during trading hours on Friday, hitting $169.18. The company had a trading volume of 5,135,445 shares, compared to its average volume of 7,563,029. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $182.10. The company has a market cap of $182.55 billion, a PE ratio of 16.31, a price-to-earnings-growth ratio of 2.46 and a beta of 1.23. The business has a 50 day moving average of $159.29 and a 200-day moving average of $153.20. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, beating analysts' consensus estimates of $2.71 by $0.06. The business had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The company's revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, equities research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th were given a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. QUALCOMM's dividend payout ratio is 34.33%.

Hedge Funds Weigh In On QUALCOMM

Several institutional investors have recently modified their holdings of QCOM. Insight Advisors LLC PA increased its stake in QUALCOMM by 1.8% during the second quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company's stock valued at $556,000 after acquiring an additional 63 shares during the period. Avion Wealth raised its position in shares of QUALCOMM by 16.7% during the 2nd quarter. Avion Wealth now owns 441 shares of the wireless technology company's stock valued at $70,000 after acquiring an additional 63 shares during the last quarter. Capital Advantage Inc. increased its position in shares of QUALCOMM by 2.8% in the 2nd quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company's stock valued at $375,000 after buying an additional 64 shares in the last quarter. Rise Advisors LLC increased its holdings in QUALCOMM by 6.7% during the 1st quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company's stock worth $161,000 after purchasing an additional 66 shares in the last quarter. Finally, Bell Investment Advisors Inc boosted its stake in shares of QUALCOMM by 4.6% during the 1st quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company's stock worth $231,000 after buying an additional 66 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company's stock.

Analyst Ratings Changes

QCOM has been the subject of several recent analyst reports. Arete raised shares of QUALCOMM from a "neutral" rating to a "buy" rating and set a $200.00 price objective for the company in a research report on Tuesday, August 26th. Citigroup reiterated a "hold" rating on shares of QUALCOMM in a research note on Thursday, July 17th. Arete Research set a $200.00 price objective on shares of QUALCOMM in a report on Tuesday, August 26th. JPMorgan Chase & Co. boosted their target price on QUALCOMM from $190.00 to $200.00 and gave the stock an "overweight" rating in a research report on Monday, July 28th. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $225.00 price objective on shares of QUALCOMM in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $182.82.

QUALCOMM Company Profile

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.

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