Qualcomm (NASDAQ:QCOM) EVP Heather Ace Sells 3,200 Shares

04 May 2026, 20:08 by Scott Moore · The Cerbat Gem

Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report) EVP Heather Ace sold 3,200 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the sale, the executive vice president owned 39,735 shares of the company’s stock, valued at approximately $7,065,677.70. This represents a 7.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Down 4.9%

NASDAQ QCOM traded down $8.63 during trading hours 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 fifty-two week low of $121.99 and a fifty-two week high of $205.95. The company has a market capitalization of $179.66 billion, a price-to-earnings ratio of 18.30, a P/E/G ratio of 21.42 and a beta of 1.49. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The firm’s 50 day moving average is $135.69 and its 200 day moving average is $155.24.

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

Qualcomm Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, June 4th. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio is currently 40.00%.

Qualcomm declared that its board has authorized a share repurchase plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Qualcomm

Several large investors have recently modified their holdings of QCOM. World Investment Advisors raised its stake in Qualcomm by 14.3% during the fourth quarter. World Investment Advisors now owns 64,911 shares of the wireless technology company’s stock worth $11,103,000 after acquiring an additional 8,130 shares during the period. NBC Securities Inc. increased its stake in shares of Qualcomm by 47.5% in the fourth quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company’s stock valued at $3,197,000 after purchasing an additional 6,018 shares during the period. Inscription Capital LLC increased its stake in shares of Qualcomm by 58.1% in the third quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock valued at $2,172,000 after purchasing an additional 4,799 shares during the period. Wealthfront Advisers LLC increased its stake in shares of Qualcomm by 9.9% in the fourth quarter. Wealthfront Advisers LLC now owns 121,828 shares of the wireless technology company’s stock valued at $20,839,000 after purchasing an additional 10,927 shares during the period. Finally, Savvy Advisors Inc. increased its stake in shares of Qualcomm by 43.3% in the fourth quarter. Savvy Advisors Inc. now owns 19,102 shares of the wireless technology company’s stock valued at $3,267,000 after purchasing an additional 5,776 shares during the period. Institutional investors own 74.35% of the company’s stock.

Analysts Set New Price Targets

QCOM has been the subject of a number of analyst reports. TD Cowen upped their price objective on shares of Qualcomm from $150.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday. Seaport Research Partners reissued a “sell” rating and issued a $100.00 price objective on shares of Qualcomm in a research report on Monday, March 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Qualcomm in a research report on Friday, March 27th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $160.00 price objective on shares of Qualcomm in a research report on Thursday. Finally, Barclays upped their price objective on shares of Qualcomm from $130.00 to $150.00 and gave the company an “underweight” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $172.40.

Check Out Our Latest Analysis on QCOM

Trending Headlines about Qualcomm

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

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.