TLDR
- Akash Palkhiwala, Qualcomm’s CFO and COO, disposed of $330,815 in QCOM shares on March 12, 2026, at prices ranging from $131.03 to $134.70
- Year-to-date, the stock has declined 23.6% and now trades at $129.82, close to its 52-week low of $120.80
- Over the past 90 days, insiders have sold 45,501 QCOM shares totaling approximately $7.78 million
- Capitolis Liquid Global Markets reduced its QCOM stake by 54.4% in Q3, selling 322,000 shares
- Analysts’ consensus rating is “Hold” with an average price target of $168.00, while Bank of America assigns an “Underperform” rating and a $145 target
Akash Palkhiwala, Qualcomm’s Chief Financial Officer and Chief Operating Officer, sold $330,815 in QCOM stock on March 12, 2026. These transactions were executed under a pre-planned Rule 10b5-1 trading strategy that was put in place on December 8, 2025.
QUALCOMM Incorporated, QCOM
The sale consisted of 2,530 shares sold at prices between $131.03 and $134.70. After these transactions, Palkhiwala directly owns 33,099 shares of the firm.
Currently, the stock trades at $129.82, so Palkhiwala’s sale price was higher than the current market value. QCOM has dropped 23.6% so far this year and is near its 52-week low of $120.80.
Palkhiwala’s share sale is part of a larger trend of insider selling. In the past 90 days, insiders have offloaded 45,501 QCOM shares, which are valued at around $7.78 million combined.
Executive Vice President Ann Chaplin sold 7,180 shares in December at an average price of $178.03, cutting her position by 23%. Another EVP, Heather Ace, sold 3,200 shares in February at $137.00 per share, reducing her stake by 16%.
Insiders currently own only 0.05% of the company, while institutional investors hold 74.35% of the shares.
Institutional Activity
From the institutional perspective, Capitolis Liquid Global Markets LLC reduced its QCOM holdings by 54.4% in Q3, selling 322,000 shares. At the time of the filing, its remaining 270,400 shares were worth about $44.98 million.
Several other funds made minor increases to their positions. Waypoint Wealth Counsel, Greykasell Wealth Strategies, Baron Wealth Management, Certified Advisory Corp, and Elser Financial Planning each added between 61 and 63 shares in the same quarter.
Qualcomm’s 50-day moving average is $149.54, and its 200-day moving average stands at $162.36. The stock is currently trading significantly below both of these benchmarks.
The company boasts a market capitalization of $138.52 billion, a price-to-earnings ratio of 26.82, a beta of 1.25, and a debt-to-equity ratio of 0.64.
Analyst Ratings
Analyst opinions are divided. On March 10, Bank of America started covering QCOM with an “Underperform” rating and a $145 price target, pointing to slower earnings growth compared to competitors and the expected loss of Apple-related business.
Royal Bank of Canada lowered its price target from $180 to $150 while maintaining a “Sector Perform” rating. Evercore reduced its target from $157 to $134. Piper Sandler kept its “Overweight” rating and $200 target. Wells Fargo upgraded QCOM from “Underweight” to “Equal Weight” and increased its target to $150.
Across 24 analysts, the consensus rating is “Hold,” with an average price target of $168.00.
Qualcomm released its Q1 2026 earnings on February 4, reporting earnings per share (EPS) of $3.50, which exceeded the expected $3.38. Revenue reached $12.25 billion, surpassing the consensus of $12.16 billion and growing 4.7% year-over-year.
For Q2 2026, the company provided an EPS guidance range of $2.45 to $2.65. Analysts project a full-year EPS of $9.39.
Qualcomm announced a quarterly dividend of $0.89 per share, to be paid on March 26, 2026. The annualized dividend yield is 2.7%, with a payout ratio of 73.55%.
