Insider Selling: Qualcomm (NASDAQ:QCOM) EVP Sells $493,375.00 in Stock

Posted by Joseph Casey on Jun 14th, 2026

Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report) EVP Akash Palkhiwala sold 2,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $197.35, for a total value of $493,375.00. Following the sale, the executive vice president owned 25,684 shares in the company, valued at approximately $5,068,737.40. The trade was a 8.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Performance

Shares of NASDAQ:QCOM opened at $211.72 on Friday. The company has a market cap of $223.15 billion, a P/E ratio of 23.01, a PEG ratio of 26.19 and a beta of 1.59. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The business’s 50-day simple moving average is $184.43 and its 200 day simple moving average is $164.86.

Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.56 by $0.09. The business had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company’s revenue was down 3.5% on a year-over-year basis. During the same period last year, the business posted $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts forecast that Qualcomm Incorporated will post 8 earnings per share for the current fiscal year.

Qualcomm announced that its board has initiated a stock repurchase program on Tuesday, March 17th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its shares are undervalued.

Qualcomm Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Thursday, June 4th. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio (DPR) is 40.00%.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: Wells Fargo raised its price target on Qualcomm to $230 from $160, signaling improved long-term expectations for the stock. Wall Street sets Qualcomm stock price target for 2027
Positive Sentiment: Coverage highlighting Qualcomm’s AI ecosystem expanding into humanoid robots and autonomous vehicles is boosting sentiment around growth beyond smartphones. Qualcomm’s AI Ecosystem Extends To Humanoid Robots And Autonomous Vehicles
Positive Sentiment: QCraft said it demonstrated urban NOA on Qualcomm’s Snapdragon Ride platform and is targeting mass production in 2026, supporting Qualcomm’s automotive revenue story. QCraft Demonstrates Urban NOA on Qualcomm’s Latest Snapdragon Ride SoC, Targets 2026 Global Mass Production
Neutral Sentiment: Erste Group slightly lowered its FY2027 EPS estimate, a modest headwind but not a major change to the outlook.
Negative Sentiment: EVP Akash Palkhiwala sold 2,500 shares in a pre-arranged 10b5-1 plan, which may create a small overhang even though the sale was routine. SEC filing for Akash J. Palkhiwala transaction
Negative Sentiment: Recent commentary notes Qualcomm has also been caught in a broader semiconductor pullback and some profit-taking after a strong AI-driven run, which can weigh on the shares near term. Qualcomm Slips, Shorter-Term Momentum Cools From Roller Coaster AI Highs

Institutional Investors Weigh In On Qualcomm

A number of institutional investors have recently made changes to their positions in QCOM. Basepoint Wealth LLC grew its stake in Qualcomm by 1.8% during the 1st quarter. Basepoint Wealth LLC now owns 3,333 shares of the wireless technology company’s stock worth $429,000 after buying an additional 59 shares during the last quarter. Certified Advisory Corp grew its stake in Qualcomm by 0.6% during the 3rd quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after buying an additional 62 shares during the last quarter. ProVise Management Group LLC grew its stake in Qualcomm by 2.6% during the 3rd quarter. ProVise Management Group LLC now owns 2,560 shares of the wireless technology company’s stock worth $426,000 after buying an additional 64 shares during the last quarter. Baker Tilly Wealth Management LLC grew its stake in Qualcomm by 1.0% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 6,401 shares of the wireless technology company’s stock worth $1,095,000 after buying an additional 64 shares during the last quarter. Finally, Modern Wealth Management LLC grew its stake in Qualcomm by 0.5% during the 1st quarter. Modern Wealth Management LLC now owns 13,704 shares of the wireless technology company’s stock worth $1,744,000 after buying an additional 64 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on QCOM shares. Royal Bank Of Canada lifted their price objective on Qualcomm from $150.00 to $175.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Tigress Financial lifted their price objective on Qualcomm from $270.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Morgan Stanley started coverage on Qualcomm in a report on Friday, May 8th. They set an “overweight” rating on the stock. Melius Research set a $220.00 price objective on Qualcomm in a report on Monday, May 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a report on Friday, March 27th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Qualcomm has a consensus rating of “Hold” and a consensus target price of $184.29.

View Our Latest Stock Report on QCOM

About Qualcomm

(Get Free Report)

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.