Insider Selling: QUALCOMM, Inc. (QCOM) Director Sells $179160.00 in Stock

QUALCOMM, Inc. (NASDAQ:QCOM) Director Clark T. Jr. Randt sold 2,000 shares of the company’s stock in a transaction dated Friday, May 3rd.

QUALCOMM logoQUALCOMM, Inc. (NASDAQ:QCOM) Director Clark T. Jr. Randt sold 2,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $89.58, for a total transaction of $179,160.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

QUALCOMM stock opened at $83.78 on Friday. The firm has a market capitalization of $105.55 billion, a P/E ratio of 26.26, a price-to-earnings-growth ratio of 2.08 and a beta of 1.45. The company has a quick ratio of 1.39, a current ratio of 1.55 and a debt-to-equity ratio of 3.98. QUALCOMM, Inc. has a 1-year low of $49.10 and a 1-year high of $90.34.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, May 1st. The wireless technology company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.07. The company had revenue of $4.88 billion during the quarter, compared to analysts’ expectations of $4.83 billion. QUALCOMM had a net margin of 11.57% and a return on equity of 56.69%. QUALCOMM’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.80 EPS. On average, research analysts anticipate that QUALCOMM, Inc. will post 3.14 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, June 6th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.96%. The ex-dividend date of this dividend is Wednesday, June 5th. QUALCOMM’s dividend payout ratio is currently 77.74%.

Several institutional investors have recently made changes to their positions in QCOM. Oregon Public Employees Retirement Fund grew its holdings in QUALCOMM by 9,505.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 33,612,696 shares of the wireless technology company’s stock worth $591,000 after acquiring an additional 33,262,770 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in QUALCOMM by 24.1% during the 4th quarter. Bank of New York Mellon Corp now owns 25,852,938 shares of the wireless technology company’s stock worth $1,471,289,000 after acquiring an additional 5,022,323 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in QUALCOMM by 0.5% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 20,156,306 shares of the wireless technology company’s stock worth $1,147,095,000 after acquiring an additional 96,527 shares during the last quarter. Norges Bank bought a new stake in QUALCOMM during the 4th quarter worth approximately $736,806,000. Finally, Eaton Vance Management grew its holdings in QUALCOMM by 10.3% during the 4th quarter. Eaton Vance Management now owns 7,306,885 shares of the wireless technology company’s stock worth $415,835,000 after acquiring an additional 680,397 shares during the last quarter. 83.44% of the stock is currently owned by institutional investors.

A number of brokerages have recently issued reports on QCOM. Canaccord Genuity upped their target price on shares of QUALCOMM from $89.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Zacks Investment Research upgraded shares of QUALCOMM from a “sell” rating to a “hold” rating in a research report on Monday. Deutsche Bank reiterated a “hold” rating on shares of QUALCOMM in a research report on Monday, April 29th. Bank of America reiterated a “neutral” rating and set a $90.00 target price (up from $71.00) on shares of QUALCOMM in a research report on Tuesday, April 30th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $84.00 target price on shares of QUALCOMM in a research report on Thursday, May 2nd. Seven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. QUALCOMM currently has an average rating of “Buy” and a consensus price target of $83.09.

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QUALCOMM Company Profile

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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

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QUALCOMM, Inc. (QCOM) EVP Sells $1543963.20 in Stock

QUALCOMM, Inc. (NASDAQ:QCOM) EVP Brian Modoff sold 17,440 shares of the business’s stock in a transaction that occurred on Friday, May 3rd.

QUALCOMM logoQUALCOMM, Inc. (NASDAQ:QCOM) EVP Brian Modoff sold 17,440 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $88.53, for a total value of $1,543,963.20. The transaction was disclosed in a filing with the SEC, which is available through this link.

QCOM opened at $83.78 on Friday. QUALCOMM, Inc. has a 52-week low of $49.10 and a 52-week high of $90.34. The company has a debt-to-equity ratio of 3.98, a current ratio of 1.55 and a quick ratio of 1.39. The firm has a market cap of $105.55 billion, a P/E ratio of 26.26, a price-to-earnings-growth ratio of 2.08 and a beta of 1.45.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, May 1st. The wireless technology company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.07. QUALCOMM had a return on equity of 56.69% and a net margin of 11.57%. The company had revenue of $4.88 billion during the quarter, compared to analysts’ expectations of $4.83 billion. During the same quarter in the previous year, the business earned $0.80 EPS. QUALCOMM’s revenue was down 5.9% compared to the same quarter last year. As a group, research analysts forecast that QUALCOMM, Inc. will post 3.14 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, June 6th will be issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Wednesday, June 5th. QUALCOMM’s payout ratio is currently 77.74%.

A number of institutional investors and hedge funds have recently bought and sold shares of QCOM. ACG Wealth lifted its holdings in shares of QUALCOMM by 2.6% in the 1st quarter. ACG Wealth now owns 7,749 shares of the wireless technology company’s stock worth $442,000 after buying an additional 197 shares during the period. Mathes Company Inc. lifted its holdings in shares of QUALCOMM by 190.0% in the 4th quarter. Mathes Company Inc. now owns 8,700 shares of the wireless technology company’s stock worth $495,000 after buying an additional 5,700 shares during the period. Conning Inc. lifted its holdings in shares of QUALCOMM by 5.7% in the 1st quarter. Conning Inc. now owns 826,550 shares of the wireless technology company’s stock worth $47,138,000 after buying an additional 44,907 shares during the period. World Asset Management Inc lifted its holdings in shares of QUALCOMM by 18.5% in the 1st quarter. World Asset Management Inc now owns 91,562 shares of the wireless technology company’s stock worth $5,222,000 after buying an additional 14,322 shares during the period. Finally, Epstein & White Financial LLC lifted its holdings in shares of QUALCOMM by 34.4% in the 4th quarter. Epstein & White Financial LLC now owns 9,752 shares of the wireless technology company’s stock worth $555,000 after buying an additional 2,495 shares during the period. Institutional investors own 83.44% of the company’s stock.

QCOM has been the topic of several analyst reports. Raymond James set a $65.00 target price on QUALCOMM and gave the company a “buy” rating in a research report on Saturday, February 2nd. Mizuho cut their target price on QUALCOMM from $66.00 to $62.00 and set a “buy” rating on the stock in a research report on Thursday, January 31st. Barclays reissued a “buy” rating and set a $70.00 target price on shares of QUALCOMM in a research report on Friday, January 18th. Zacks Investment Research raised QUALCOMM from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Wednesday, February 13th. Finally, BidaskClub raised QUALCOMM from a “hold” rating to a “buy” rating in a research report on Friday, March 22nd. Seven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $83.09.

WARNING: “QUALCOMM, Inc. (QCOM) EVP Sells $1,543,963.20 in Stock” was posted by Rockland Register and is owned by of Rockland Register. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this story can be accessed at https://rocklandregister.com/2019/05/10/qualcomm-inc-qcom-evp-sells-1543963-20-in-stock.html.

About QUALCOMM

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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

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MBM Wealth Consultants LLC Purchases 538 Shares of QUALCOMM, Inc. (NASDAQ:QCOM)

MBM Wealth Consultants LLC grew its position in QUALCOMM, Inc. (NASDAQ:QCOM) by 12.1% during the 1st quarter, according to the company in …

QUALCOMM logoMBM Wealth Consultants LLC grew its position in QUALCOMM, Inc. (NASDAQ:QCOM) by 12.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,990 shares of the wireless technology company’s stock after purchasing an additional 538 shares during the period. MBM Wealth Consultants LLC’s holdings in QUALCOMM were worth $285,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Lavaca Capital LLC bought a new position in shares of QUALCOMM in the 4th quarter valued at about $25,000. Csenge Advisory Group bought a new position in shares of QUALCOMM in the 3rd quarter valued at about $28,000. Field & Main Bank acquired a new stake in shares of QUALCOMM during the 1st quarter worth about $32,000. Baldwin Brothers Inc. MA acquired a new stake in shares of QUALCOMM during the 1st quarter worth about $34,000. Finally, Transamerica Financial Advisors Inc. lifted its stake in shares of QUALCOMM by 688.5% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 615 shares of the wireless technology company’s stock worth $35,000 after buying an additional 537 shares during the last quarter. Institutional investors own 83.44% of the company’s stock.

In other QUALCOMM news, Director Clark T. Jr. Randt sold 2,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $89.58, for a total transaction of $179,160.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Cristiano R. Amon sold 17,318 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $84.87, for a total transaction of $1,469,778.66. Following the completion of the sale, the president now directly owns 79,862 shares in the company, valued at $6,777,887.94. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 966,081 shares of company stock valued at $37,453,375. 0.11% of the stock is owned by company insiders.

Several analysts have weighed in on QCOM shares. BMO Capital Markets reiterated a “market perform” rating on shares of QUALCOMM in a research note on Thursday, January 31st. Zacks Investment Research lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, February 19th. Cowen restated an “outperform” rating and issued a $70.00 price target (down previously from $73.00) on shares of QUALCOMM in a research report on Thursday, January 31st. ValuEngine upgraded shares of QUALCOMM from a “sell” rating to a “hold” rating in a research report on Tuesday, March 5th. Finally, Bank of America upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $90.00 to $105.00 in a research report on Thursday, May 2nd. Seven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. QUALCOMM has an average rating of “Buy” and a consensus target price of $83.09.

Shares of NASDAQ QCOM traded down $0.33 during trading on Thursday, hitting $84.21. The stock had a trading volume of 12,174,951 shares, compared to its average volume of 18,703,133. The firm has a market cap of $105.55 billion, a price-to-earnings ratio of 26.40, a PEG ratio of 2.08 and a beta of 1.45. The company has a debt-to-equity ratio of 3.98, a current ratio of 1.55 and a quick ratio of 1.39. QUALCOMM, Inc. has a 12 month low of $49.10 and a 12 month high of $90.34.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, May 1st. The wireless technology company reported $0.61 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.07. The company had revenue of $4.88 billion during the quarter, compared to analyst estimates of $4.83 billion. QUALCOMM had a net margin of 11.57% and a return on equity of 56.69%. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.80 earnings per share. On average, research analysts anticipate that QUALCOMM, Inc. will post 3.14 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, June 6th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Wednesday, June 5th. This represents a $2.48 annualized dividend and a yield of 2.95%. QUALCOMM’s payout ratio is currently 77.74%.

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About QUALCOMM

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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QUALCOMM, Inc. (QCOM) EVP Alexander H. Rogers Sells 20862 Shares of Stock

QUALCOMM, Inc. (NASDAQ:QCOM) EVP Alexander H. Rogers sold 20,862 shares of the firm’s stock in a transaction that occurred on Monday, May …

QUALCOMM logoQUALCOMM, Inc. (NASDAQ:QCOM) EVP Alexander H. Rogers sold 20,862 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $88.43, for a total transaction of $1,844,826.66. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

NASDAQ:QCOM traded down $1.85 during midday trading on Thursday, reaching $82.69. The stock had a trading volume of 344,598 shares, compared to its average volume of 18,703,133. QUALCOMM, Inc. has a 12-month low of $49.10 and a 12-month high of $90.34. The company has a debt-to-equity ratio of 3.98, a current ratio of 1.55 and a quick ratio of 1.39. The firm has a market cap of $105.55 billion, a price-to-earnings ratio of 26.01, a price-to-earnings-growth ratio of 2.08 and a beta of 1.45.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, May 1st. The wireless technology company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.07. QUALCOMM had a net margin of 11.57% and a return on equity of 56.69%. The firm had revenue of $4.88 billion for the quarter, compared to analyst estimates of $4.83 billion. During the same period last year, the firm posted $0.80 EPS. QUALCOMM’s quarterly revenue was down 5.9% on a year-over-year basis. As a group, analysts expect that QUALCOMM, Inc. will post 3.14 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, June 6th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Wednesday, June 5th. This represents a $2.48 annualized dividend and a dividend yield of 3.00%. QUALCOMM’s payout ratio is currently 77.74%.

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. assumed coverage on shares of QUALCOMM in a research report on Wednesday, March 27th. They set a “neutral” rating and a $54.00 target price on the stock. Canaccord Genuity restated a “buy” rating and set a $89.00 target price (up from $75.00) on shares of QUALCOMM in a research report on Wednesday, April 17th. Bank of America upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and raised their target price for the stock from $90.00 to $105.00 in a research report on Thursday, May 2nd. Argus raised their target price on shares of QUALCOMM to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, April 17th. Finally, Citigroup raised their target price on shares of QUALCOMM from $55.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, May 2nd. Seven equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $83.09.

Several hedge funds and other institutional investors have recently modified their holdings of QCOM. Oregon Public Employees Retirement Fund boosted its position in shares of QUALCOMM by 9,505.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 33,612,696 shares of the wireless technology company’s stock worth $591,000 after purchasing an additional 33,262,770 shares in the last quarter. Norges Bank purchased a new stake in shares of QUALCOMM during the 4th quarter worth $736,806,000. Bank of New York Mellon Corp boosted its position in shares of QUALCOMM by 24.1% during the 4th quarter. Bank of New York Mellon Corp now owns 25,852,938 shares of the wireless technology company’s stock worth $1,471,289,000 after purchasing an additional 5,022,323 shares in the last quarter. Levin Capital Strategies L.P. boosted its position in shares of QUALCOMM by 20,837.8% during the 4th quarter. Levin Capital Strategies L.P. now owns 732,824 shares of the wireless technology company’s stock worth $41,705,000 after purchasing an additional 729,324 shares in the last quarter. Finally, Eaton Vance Management boosted its position in shares of QUALCOMM by 10.3% during the 4th quarter. Eaton Vance Management now owns 7,306,885 shares of the wireless technology company’s stock worth $415,835,000 after purchasing an additional 680,397 shares in the last quarter. Institutional investors own 83.44% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “QUALCOMM, Inc. (QCOM) EVP Alexander H. Rogers Sells 20,862 Shares of Stock” was published by Mayfield Recorder and is the sole property of of Mayfield Recorder. If you are viewing this story on another domain, it was copied illegally and republished in violation of United States and international copyright laws. The legal version of this story can be viewed at https://mayfieldrecorder.com/2019/05/09/qualcomm-inc-qcom-evp-alexander-h-rogers-sells-20862-shares-of-stock.html.

QUALCOMM Company Profile

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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

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QUALCOMM, Inc. (QCOM) Shares Sold by UMB Bank NA MO

UMB Bank N A MO lowered its stake in QUALCOMM, Inc. (NASDAQ:QCOM) by 0.5% during the first quarter, according to its most recent 13F filing with …

QUALCOMM logoUMB Bank N A MO lowered its stake in QUALCOMM, Inc. (NASDAQ:QCOM) by 0.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 39,065 shares of the wireless technology company’s stock after selling 184 shares during the quarter. UMB Bank N A MO’s holdings in QUALCOMM were worth $2,228,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Lavaca Capital LLC purchased a new position in shares of QUALCOMM during the 4th quarter worth $25,000. Field & Main Bank purchased a new position in shares of QUALCOMM during the 1st quarter worth $32,000. Baldwin Brothers Inc. MA purchased a new position in shares of QUALCOMM during the 1st quarter worth $34,000. Transamerica Financial Advisors Inc. raised its holdings in shares of QUALCOMM by 688.5% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 615 shares of the wireless technology company’s stock worth $35,000 after acquiring an additional 537 shares during the period. Finally, Brandywine Global Investment Management LLC purchased a new position in shares of QUALCOMM during the 4th quarter worth $36,000. 83.44% of the stock is currently owned by hedge funds and other institutional investors.

QCOM traded down $1.67 on Thursday, hitting $82.87. The company had a trading volume of 360,635 shares, compared to its average volume of 18,703,133. The firm has a market cap of $105.55 billion, a P/E ratio of 26.01, a price-to-earnings-growth ratio of 2.08 and a beta of 1.45. QUALCOMM, Inc. has a 1 year low of $49.10 and a 1 year high of $90.34. The company has a current ratio of 1.55, a quick ratio of 1.39 and a debt-to-equity ratio of 3.98.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, May 1st. The wireless technology company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.07. The firm had revenue of $4.88 billion for the quarter, compared to analyst estimates of $4.83 billion. QUALCOMM had a net margin of 11.57% and a return on equity of 56.69%. QUALCOMM’s revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.80 EPS. Equities research analysts forecast that QUALCOMM, Inc. will post 3.14 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, June 6th will be given a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.99%. The ex-dividend date is Wednesday, June 5th. QUALCOMM’s dividend payout ratio is currently 77.74%.

Several research analysts have recently commented on QCOM shares. Morgan Stanley upgraded QUALCOMM from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $55.00 to $95.00 in a report on Tuesday, April 23rd. BidaskClub lowered QUALCOMM from a “sell” rating to a “strong sell” rating in a report on Tuesday, January 29th. Barclays reiterated a “buy” rating and set a $70.00 price target on shares of QUALCOMM in a report on Friday, January 18th. JPMorgan Chase & Co. reiterated a “buy” rating and set a $88.00 price target on shares of QUALCOMM in a report on Tuesday, April 23rd. Finally, Mizuho reduced their price target on QUALCOMM from $66.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, January 31st. Seven investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $83.09.

In related news, EVP James H. Thompson sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, February 11th. The stock was sold at an average price of $50.75, for a total value of $2,030,000.00. Following the completion of the transaction, the executive vice president now directly owns 62,301 shares of the company’s stock, valued at $3,161,775.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Clark T. Jr. Randt sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $89.58, for a total value of $179,160.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 966,081 shares of company stock valued at $37,453,375. 0.11% of the stock is currently owned by corporate insiders.

ILLEGAL ACTIVITY NOTICE: “QUALCOMM, Inc. (QCOM) Shares Sold by UMB Bank N A MO” was first reported by Finance Daily and is the property of of Finance Daily. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://www.fidaily.com/2019/05/09/qualcomm-inc-qcom-shares-sold-by-umb-bank-n-a-mo.html.

QUALCOMM Profile

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Want to see what other hedge funds are holding QCOM?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QUALCOMM, Inc. (NASDAQ:QCOM).

Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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