Qualcomm (QCOM) Stock CFO Sells $330K as Stock Hits Near 52-Week Low

TLDR

• QCOM CFO/COO Akash Palkhiwala sold $330,815 worth of stock on March 12, 2026, at prices between $131.03 and $134.70
• The stock is down 23.6% year-to-date and currently trades at $129.82, near its 1-year low of $120.80
• Insiders have sold 45,501 QCOM shares worth $7.78 million over the last 90 days
• Capitolis Liquid Global Markets cut its QCOM position by 54.4%, offloading 322,000 shares in Q3
• Analyst consensus is “Hold” with a price target of $168.00, though Bank of America has an “Underperform” rating with a $145 target

Qualcomm’s CFO and COO Akash Palkhiwala sold $330,815 worth of QCOM stock on March 12, 2026. The transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025.

QUALCOMM Incorporated, QCOM

The sale involved 2,530 shares at prices ranging from $131.03 to $134.70. Following the transactions, Palkhiwala directly holds 33,099 shares of the company.

The stock currently trades at $129.82, meaning Palkhiwala sold above the current market price. QCOM is down 23.6% year-to-date and sits close to its 1-year low of $120.80.

Palkhiwala’s sale is part of a broader pattern of insider selling. Over the last 90 days, insiders have sold 45,501 QCOM shares worth approximately $7.78 million in total.

EVP Ann Chaplin sold 7,180 shares in December at an average of $178.03, reducing her position by 23%. EVP Heather Ace sold 3,200 shares in February at $137.00 each, a 16% reduction in her stake.

Insiders now own just 0.05% of the company. Institutional investors hold 74.35%.

Institutional Activity

On the institutional side, Capitolis Liquid Global Markets LLC cut its QCOM holdings by 54.4% in Q3, selling 322,000 shares. Its remaining position of 270,400 shares was valued at approximately $44.98 million at the time of filing.

Other funds made smaller adjustments upward. Waypoint Wealth Counsel, Greykasell Wealth Strategies, Baron Wealth Management, Certified Advisory Corp, and Elser Financial Planning each added between 61 and 63 shares during the same quarter.

Qualcomm’s 50-day moving average sits at $149.54 and its 200-day moving average is $162.36. The stock is trading well below both levels.

The company has a market cap of $138.52 billion, a P/E ratio of 26.82, and a beta of 1.25. Its debt-to-equity ratio is 0.64.

Analyst Ratings

Analyst sentiment is mixed. Bank of America initiated coverage on March 10 with an “Underperform” rating and a $145 price target, citing slower earnings growth versus peers and the anticipated loss of Apple business.

Royal Bank of Canada cut its target from $180 to $150 with a “Sector Perform” rating. Evercore trimmed its target from $157 to $134. Piper Sandler held its “Overweight” rating with a $200 target. Wells Fargo upgraded QCOM to “Equal Weight” from “Underweight,” raising its target to $150.

The consensus rating across 24 analysts is “Hold,” with an average price target of $168.00.

Qualcomm reported Q1 2026 earnings on February 4, posting EPS of $3.50 versus the $3.38 estimate. Revenue came in at $12.25 billion, beating the $12.16 billion consensus and up 4.7% year-over-year.

The company guided Q2 2026 EPS at $2.45–$2.65. Analysts expect full-year EPS of $9.39.

Qualcomm declared a quarterly dividend of $0.89 per share, payable March 26, 2026. The annualized yield stands at 2.7%, with a payout ratio of 73.55%.

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