QUALCOMM Incorporated (NASDAQ:QCOM) EVP Alexander H. Rogers sold 356 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $53.70, for a total value of $19,117.20. Following the completion of the transaction, the executive vice president now directly owns 1,420 shares of the company’s stock, valued at approximately $76,254. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Alexander H. Rogers also recently made the following trade(s):

  • On Monday, August 28th, Alexander H. Rogers sold 384 shares of QUALCOMM stock. The shares were sold at an average price of $51.72, for a total value of $19,860.48.

Shares of QUALCOMM Incorporated (NASDAQ:QCOM) traded up 0.16% on Monday, reaching $54.66. 7,080,720 shares of the company’s stock traded hands. The firm has a market cap of $80.68 billion, a P/E ratio of 20.93 and a beta of 1.28. The company’s 50-day moving average price is $52.30 and its 200 day moving average price is $54.08. QUALCOMM Incorporated has a one year low of $48.92 and a one year high of $70.53.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 29th will be issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend is Tuesday, November 28th. QUALCOMM’s payout ratio is 87.36%.

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A number of equities analysts have recently issued reports on the company. Zacks Investment Research cut QUALCOMM from a “buy” rating to a “hold” rating in a report on Friday. Mizuho reissued a “buy” rating on shares of QUALCOMM in a report on Friday. Stifel Nicolaus reissued a “buy” rating on shares of QUALCOMM in a report on Thursday, October 12th. Northland Securities raised QUALCOMM from a “market perform” rating to an “outperform” rating and set a $62.50 target price for the company in a report on Friday, September 15th. Finally, J P Morgan Chase & Co reissued an “overweight” rating on shares of QUALCOMM in a report on Wednesday, September 6th. Two investment analysts have rated the stock with a sell rating, eighteen have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $63.80.

Large investors have recently made changes to their positions in the business. Ronald Blue & Co. LLC raised its position in shares of QUALCOMM by 0.5% during the 2nd quarter. Ronald Blue & Co. LLC now owns 3,760 shares of the wireless technology company’s stock valued at $208,000 after buying an additional 18 shares in the last quarter. Hollencrest Securities LLC raised its position in shares of QUALCOMM by 0.9% during the 2nd quarter. Hollencrest Securities LLC now owns 4,356 shares of the wireless technology company’s stock valued at $241,000 after buying an additional 40 shares in the last quarter. North Star Investment Management Corp. raised its position in shares of QUALCOMM by 0.4% during the 2nd quarter. North Star Investment Management Corp. now owns 9,459 shares of the wireless technology company’s stock valued at $522,000 after buying an additional 42 shares in the last quarter. FCA Corp TX raised its position in shares of QUALCOMM by 0.9% during the 1st quarter. FCA Corp TX now owns 4,817 shares of the wireless technology company’s stock valued at $276,000 after buying an additional 43 shares in the last quarter. Finally, Farmers Trust Co. raised its position in shares of QUALCOMM by 0.9% during the 2nd quarter. Farmers Trust Co. now owns 5,214 shares of the wireless technology company’s stock valued at $288,000 after buying an additional 48 shares in the last quarter. 76.77% of the stock is owned by hedge funds and other institutional investors.

QUALCOMM Company Profile

QUALCOMM Incorporated is engaged in the development and commercialization of a digital communication technology called code division multiple access (CDMA). The Company is engaged in the development and commercialization of the orthogonal frequency division multiple access (OFDMA) family of technologies, including long-term evolution (LTE), which is an Orthogonal Frequency Division Multiplexing (OFDM)-based standard that uses OFDMA and single-carrier Frequency Division Multiple Access (FDMA), for cellular wireless communication applications.

Insider Buying and Selling by Quarter for QUALCOMM (NASDAQ:QCOM)

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