Qualcomm (NASDAQ:QCOM) CEO Sells $1,800,000.00 in Stock

04 May 2026, 19:36 by Teresa Graham · The Cerbat Gem

Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report) CEO Cristiano Amon sold 10,000 shares of Qualcomm stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the sale, the chief executive officer owned 207,568 shares of the company’s stock, valued at $37,362,240. This trade represents a 4.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Trading Down 4.9%

Qualcomm stock traded down $8.63 during trading on Monday, hitting $168.38. The company had a trading volume of 23,070,045 shares, compared to its average volume of 12,921,693. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $205.95. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. The company’s 50 day simple moving average is $135.69 and its 200-day simple moving average is $155.24. The stock has a market cap of $179.66 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 21.42 and a beta of 1.49.

Qualcomm (NASDAQ:QCOM – Get Free Report) last posted its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. During the same quarter last year, the firm earned $2.85 EPS. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, analysts expect that Qualcomm Incorporated will post 8.18 EPS for the current fiscal year.

Qualcomm Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.92 per share. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a yield of 2.2%. Qualcomm’s dividend payout ratio (DPR) is currently 40.00%.

Qualcomm announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: High-profile commentary and reported hyperscaler wins are reinforcing Qualcomm’s emerging AI/infra narrative, supporting investor optimism that the company is no longer just a handset play. Jim Cramer Says “QUALCOMM Was Considered More of a Niche Cell Phone Play, and No Longer”
Positive Sentiment: Analyst and trade pieces point to accelerating automotive revenue and AI infrastructure upside as the primary drivers for much higher long-term upside (one piece models a path toward ~$208). Qualcomm’s Path to $208 Runs Through Record Automotive Growth
Positive Sentiment: Qualcomm’s dividend actions and yield-focused coverage are attracting income investors and helped fuel the strong April rally tied to AI optimism. Dividend Boosters: Qualcomm, Southern , PACCAR Add Juice to Yields
Neutral Sentiment: Cantor Fitzgerald raised its price target to $150 (from $135) but kept a Neutral rating, citing a likely June-quarter miss due to weaker Android demand — a tactical PT lift but no upgrade. Cantor Fitzgerald Raises PT on QUALCOMM (QCOM) Stock
Neutral Sentiment: Coverage pieces comparing Broadcom, TSMC and Qualcomm highlight that April’s AI chip leadership was uneven — useful context but not a direct catalyst for QCOM’s immediate moves. Broadcom, Qualcomm, or TSMC: Why One AI Chip Stock Won Decisively in April
Neutral Sentiment: Commentary questioning whether Qualcomm’s recent 50% run is a bubble or breakout flags technical risk even as the fundamental story shifts. Qualcomm’s 50% Surge: Bubble Territory or Breakout Moment?
Negative Sentiment: Bearish analyst pieces emphasize ongoing handset revenue declines and shrinking near-term profits despite the beat — these concerns help explain intraday selling pressure. Bear of the Day: Qualcomm (QCOM)
Negative Sentiment: Talent flow to rivals: Intel’s hire of another ex-Qualcomm exec is a reminder of industry competition for talent and could be seen as a small strategic headwind. Intel appoints another ex Qualcomm exec, this time for Client Computing

Hedge Funds Weigh In On Qualcomm

Several large investors have recently bought and sold shares of QCOM. Brighton Jones LLC increased its holdings in Qualcomm by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after buying an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Qualcomm by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Qualcomm by 44.3% in the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after acquiring an additional 1,020 shares in the last quarter. Main Street Financial Solutions LLC grew its holdings in shares of Qualcomm by 6.1% during the second quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock worth $920,000 after purchasing an additional 333 shares during the last quarter. Finally, Transamerica Financial Advisors LLC grew its holdings in shares of Qualcomm by 9.7% during the second quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock worth $1,083,000 after purchasing an additional 603 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Citigroup increased their price target on Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a research report on Thursday. Argus set a $220.00 target price on shares of Qualcomm in a research note on Friday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $190.00 target price on shares of Qualcomm in a report on Thursday. DZ Bank upgraded shares of Qualcomm to a “strong-buy” rating in a research note on Tuesday, February 10th. Finally, Wells Fargo & Company boosted their price target on shares of Qualcomm from $150.00 to $160.00 and gave the stock an “equal weight” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Qualcomm presently has an average rating of “Hold” and an average price target of $172.40.

Check Out Our Latest Analysis on Qualcomm

Qualcomm Company Profile

(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.