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

Posted by Francis Steltz on Nov 10th, 2026

Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report) EVP Heather Ace sold 3,200 shares of the business’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $165.42, for a total transaction of $529,344.00. Following the sale, the executive vice president owned 39,379 shares of the company’s stock, valued at approximately $6,514,074.18. The trade was a 7.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Trading Up 3.7%

Qualcomm stock opened at $171.47 on Tuesday. The firm’s 50-day moving average is $178.25 and its 200-day moving average is $169.60. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The company has a market cap of $183.10 billion, a P/E ratio of 13.50, a PEG ratio of 3.90 and a beta of 1.70.

Qualcomm (NASDAQ:QCOM – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The wireless technology company reported $2.17 EPS for the quarter, beating the consensus estimate of $2.16 by $0.01. Qualcomm had a net margin of 31.60% and a return on equity of 31.91%. The business had revenue of $10.44 billion during the quarter, compared to analyst estimates of $10.12 billion. During the same period in the previous year, the business posted $3.00 EPS. The company’s quarterly revenue was down 8.4% on a year-over-year basis. On average, equities analysts expect that Qualcomm Incorporated will post 7.16 earnings per share for the current year.

Qualcomm Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be issued a $0.92 dividend. The ex-dividend date of this dividend is Thursday, December 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.1%. Qualcomm’s dividend payout ratio (DPR) is currently 28.98%.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: Automotive revenue grew 89% to a record $1.99 billion. Qualcomm also expects non-handset revenue to grow by more than 60% in fiscal 2027, supporting hopes that newer businesses can offset smartphone-market weakness. Article
Positive Sentiment: ETFs made a net $28.3 million purchase of QCOM shares on Nov. 5, with more funds adding shares than reducing their holdings. Article
Neutral Sentiment: EVP Heather Ace sold 3,200 shares under a pre-arranged Rule 10b5-1 plan, retaining 39,379 shares. The planned nature of the sale makes it a less clear signal about the company’s outlook. SEC filing
Negative Sentiment: Handset revenue fell 26%, and earnings guidance came in below expectations, renewing concerns about pressure in Qualcomm’s core smartphone business. Article
Negative Sentiment: Freedom Broker cut its rating from “buy” to “hold” and reduced its price target from $200 to $185, signaling less near-term upside in its view. Rating information

Analysts Set New Price Targets

A number of brokerages have commented on QCOM. Benchmark decreased their target price on Qualcomm from $300.00 to $270.00 and set a “buy” rating for the company in a research note on Monday, July 27th. HSBC reiterated a “hold” rating on shares of Qualcomm in a research report on Wednesday, July 15th. Barclays cut their price target on Qualcomm from $180.00 to $150.00 and set an “underweight” rating on the stock in a report on Thursday. Sanford C. Bernstein cut their price target on Qualcomm from $165.00 to $155.00 and set a “market perform” rating on the stock in a report on Monday, November 2nd. Finally, Arete Research upgraded Qualcomm to a “strong-buy” rating in a research report on Friday, October 16th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-two have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $197.13.

Get Our Latest Research Report on Qualcomm

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of QCOM. BlackRock Inc. acquired a new stake in shares of Qualcomm in the second quarter valued at approximately $17,583,115,000. State Street Corp raised its holdings in shares of Qualcomm by 1.3% during the second quarter. State Street Corp now owns 52,763,263 shares of the wireless technology company’s stock valued at $9,750,123,000 after buying an additional 671,537 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of Qualcomm by 22.7% during the second quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company’s stock valued at $3,178,872,000 after buying an additional 3,179,720 shares during the last quarter. Amundi raised its holdings in shares of Qualcomm by 94.1% during the second quarter. Amundi now owns 10,195,741 shares of the wireless technology company’s stock valued at $1,884,071,000 after buying an additional 4,942,908 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Qualcomm during the second quarter worth approximately $1,523,930,000. 74.35% of the stock is owned by institutional investors and hedge funds.

About Qualcomm

(Get Free Report)

Qualcomm Incorporated is a technology company that develops wireless communications technologies and semiconductor products. Its chips and related systems are used in smartphones and other connected devices, with products spanning mobile processors, modem-radio frequency systems, and connectivity solutions. The Snapdragon brand includes platforms for mobile devices as well as computing, automotive, and extended-reality applications.

Qualcomm also develops technology for automotive systems and the Internet of Things, including connectivity and processing solutions for vehicles, industrial equipment, and consumer devices.