TLDR
- On March 12, 2026, Qualcomm’s CFO/COO Akash Palkhiwala offloaded shares worth $330,815 at prices spanning $131.03 to $134.70
- QCOM shares have plummeted 23.6% since the year began, currently trading at $129.82, dangerously close to its yearly nadir of $120.80
- Company insiders have collectively dumped 45,501 shares valued at $7.78 million during the past three months
- Capitolis Liquid Global Markets slashed its QCOM stake by 54.4%, disposing of 322,000 shares in the third quarter
- Wall Street maintains a “Hold” consensus with $168.00 price objective, while Bank of America assigns “Underperform” with $145 target
Akash Palkhiwala, serving as both CFO and COO at Qualcomm, executed a stock sale totaling $330,815 on March 12, 2026. The divestment occurred through a predetermined Rule 10b5-1 trading arrangement established on December 8, 2025.
Palkhiwala’s transaction encompassed 2,530 shares executed at price points between $131.03 and $134.70. After completing these sales, his direct ownership position stands at 33,099 shares.
With QCOM currently changing hands at $129.82, Palkhiwala successfully executed his sale above present market levels. The semiconductor giant’s shares have suffered a 23.6% decline year-to-date and remain perilously close to the 1-year bottom of $120.80.
This divestment by Palkhiwala represents just one element of a wider insider selling wave. Throughout the preceding 90-day period, company insiders have collectively disposed of 45,501 QCOM shares, generating approximately $7.78 million in total proceeds.
Executive Vice President Ann Chaplin parted with 7,180 shares during December at an average price of $178.03, trimming her holdings by 23%. Fellow EVP Heather Ace liquidated 3,200 shares in February at $137.00 apiece, representing a 16% reduction in her ownership stake.
Company insiders collectively control a mere 0.05% of outstanding shares. Institutional stakeholders command 74.35% of the company.
Institutional Activity
Among institutional players, Capitolis Liquid Global Markets LLC dramatically reduced its QCOM exposure by 54.4% during Q3, liquidating 322,000 shares. The firm’s remaining stake of 270,400 shares carried an approximate value of $44.98 million according to regulatory filings.
Several smaller investment firms made modest upward adjustments. Waypoint Wealth Counsel, Greykasell Wealth Strategies, Baron Wealth Management, Certified Advisory Corp, and Elser Financial Planning each accumulated between 61 and 63 additional shares throughout the identical quarter.
Qualcomm’s 50-day moving average rests at $149.54 while its 200-day moving average stands at $162.36. Current trading levels fall substantially beneath both technical benchmarks.
The semiconductor manufacturer maintains a market capitalization of $138.52 billion, trades at a price-to-earnings multiple of 26.82, and exhibits a beta coefficient of 1.25. The company’s debt-to-equity ratio registers at 0.64.
Analyst Ratings
Wall Street perspectives remain divided. Bank of America launched coverage on March 10 with an “Underperform” designation and $145 price objective, highlighting decelerating earnings expansion relative to competitors and the projected loss of Apple-related revenue streams.
Royal Bank of Canada lowered its price target from $180 down to $150 while maintaining a “Sector Perform” stance. Evercore reduced its objective from $157 to $134. Piper Sandler retained its “Overweight” recommendation with a $200 target. Wells Fargo elevated QCOM to “Equal Weight” from “Underweight,” simultaneously lifting its target to $150.
Across 24 analyst firms, the consensus recommendation settles at “Hold,” accompanied by a mean price target of $168.00.
Qualcomm unveiled Q1 2026 financial results on February 4, delivering earnings per share of $3.50 compared against the $3.38 analyst forecast. Revenue reached $12.25 billion, surpassing the $12.16 billion consensus estimate and representing a 4.7% year-over-year increase.
Management provided Q2 2026 EPS guidance spanning $2.45 to $2.65. Wall Street projects full-year EPS of $9.39.
Qualcomm announced a quarterly dividend distribution of $0.89 per share, scheduled for payment on March 26, 2026. The annualized dividend yield calculates to 2.7%, supported by a payout ratio of 73.55%.
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