Key Takeaways
- Akash Palkhiwala, CFO/COO of QCOM, disposed of $330,815 in company shares on March 12, 2026, with execution prices spanning $131.03 to $134.70
- Shares have declined 23.6% since the start of the year, currently positioned at $129.82, hovering near the 1-year bottom of $120.80
- Company insiders have collectively divested 45,501 shares totaling $7.78 million in value during the past 90-day period
- Capitolis Liquid Global Markets reduced its QCOM stake by 54.4%, eliminating 322,000 shares during the third quarter
- Wall Street’s consensus recommendation stands at “Hold” with an average price objective of $168.00, while Bank of America maintains an “Underperform” stance targeting $145
Qualcomm’s Chief Financial Officer and Chief Operating Officer Akash Palkhiwala executed a stock sale worth $330,815 on March 12, 2026. These transactions occurred through a predetermined Rule 10b5-1 trading arrangement established on December 8, 2025.
The divestiture encompassed 2,530 shares with transaction prices varying between $131.03 and $134.70. After completing these sales, Palkhiwala maintains direct ownership of 33,099 company shares.
With the stock presently valued at $129.82, Palkhiwala’s disposal occurred at premium pricing compared to today’s market levels. QCOM has experienced a 23.6% depreciation year-to-date and remains positioned near its 1-year nadir of $120.80.
This transaction by Palkhiwala represents a segment of widespread insider divestiture activity. Throughout the preceding 90 days, company insiders have liquidated 45,501 shares representing roughly $7.78 million in aggregate value.
Executive Vice President Ann Chaplin divested 7,180 shares during December at an average price of $178.03, diminishing her holdings by 23%. EVP Heather Ace sold 3,200 shares in February at $137.00 apiece, constituting a 16% reduction in her ownership position.
Company insiders currently maintain merely 0.05% ownership. Institutional stakeholders control 74.35%.
Institutional Investment Movements
Regarding institutional positioning, Capitolis Liquid Global Markets LLC slashed its QCOM holdings by 54.4% during Q3, disposing of 322,000 shares. The fund’s residual position of 270,400 shares carried an approximate valuation of $44.98 million according to regulatory filings.
Several other investment firms implemented modest upward adjustments. Waypoint Wealth Counsel, Greykasell Wealth Strategies, Baron Wealth Management, Certified Advisory Corp, and Elser Financial Planning each expanded their positions by 61 to 63 shares throughout the identical quarter.
Qualcomm’s 50-day moving average rests at $149.54 while the 200-day moving average stands at $162.36. Current trading levels remain substantially beneath both technical indicators.
The semiconductor company commands a market capitalization of $138.52 billion, trades at a P/E ratio of 26.82, and exhibits a beta coefficient of 1.25. The firm’s debt-to-equity ratio measures 0.64.
Wall Street Perspectives
Analyst opinions remain divided. Bank of America launched coverage on March 10 with an “Underperform” designation and $145 price objective, highlighting decelerating earnings expansion relative to industry competitors and the projected forfeiture of Apple-related revenue.
Royal Bank of Canada decreased its target from $180 down to $150 accompanied by a “Sector Perform” rating. Evercore reduced its objective from $157 to $134. Piper Sandler maintained its “Overweight” recommendation with a $200 target. Wells Fargo elevated QCOM to “Equal Weight” from “Underweight,” simultaneously increasing its target to $150.
The aggregate rating among 24 Wall Street analysts equals “Hold,” with a mean price target of $168.00.
Qualcomm disclosed Q1 2026 financial results on February 4, delivering EPS of $3.50 compared to the $3.38 analyst projection. Revenue registered at $12.25 billion, surpassing the $12.16 billion consensus estimate and reflecting 4.7% year-over-year expansion.
Management issued Q2 2026 EPS guidance of $2.45–$2.65. The analyst community anticipates full-year EPS of $9.39.
Qualcomm announced a quarterly dividend distribution of $0.89 per share, with payment scheduled for March 26, 2026. The annualized dividend yield currently registers at 2.7%, corresponding to a payout ratio of 73.55%.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
