TLDR
- Chief Financial and Operating Officer Akash Palkhiwala disposed of $330,815 in QCOM shares on March 12, 2026, at execution prices of $131.03 to $134.70
- Shares have declined 23.6% since the start of the year, currently trading at $129.82—just above the yearly bottom of $120.80
- Company insiders have collectively liquidated 45,501 shares valued at $7.78 million during the past three months
- Capitolis Liquid Global Markets reduced its stake by 54.4%, divesting 322,000 shares in the third quarter
- Wall Street consensus stands at “Hold” with analysts projecting a $168.00 price target, while Bank of America maintains an “Underperform” stance at $145
Qualcomm’s dual-role executive Akash Palkhiwala, serving as both CFO and COO, 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.
The transaction encompassed 2,530 shares executed at price points between $131.03 and $134.70. After completing these sales, Palkhiwala maintains direct ownership of 33,099 company shares.
With QCOM currently valued at $129.82, Palkhiwala’s sale prices exceeded today’s trading level. The stock has experienced a 23.6% decline year-to-date and remains perilously close to its 12-month floor of $120.80.
This divestment by Palkhiwala fits within a larger trend of executive stock liquidation. Throughout the previous 90-day period, company insiders have collectively sold 45,501 QCOM shares totaling roughly $7.78 million.
Executive Vice President Ann Chaplin offloaded 7,180 shares in December at $178.03 average price, trimming her holdings by 23%. EVP Heather Ace divested 3,200 shares in February at $137.00 per share, representing a 16% stake reduction.
Company insiders currently control merely 0.05% of outstanding shares. Institutional ownership accounts for 74.35%.
Institutional Activity
Regarding institutional movements, Capitolis Liquid Global Markets LLC slashed its QCOM stake by 54.4% during Q3, disposing of 322,000 shares. The firm’s remaining 270,400-share position carried an approximate value of $44.98 million as of the filing date.
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 increased holdings by 61 to 63 shares during 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 fall substantially beneath both technical indicators.
The semiconductor giant maintains a market capitalization of $138.52 billion, trades at a P/E multiple of 26.82, and registers a beta of 1.25. The company’s debt-to-equity ratio measures 0.64.
Analyst Ratings
Wall Street opinion remains divided. Bank of America launched coverage on March 10 with an “Underperform” designation and $145 price objective, pointing to decelerating earnings expansion compared to competitors and the expected departure of Apple as a customer.
Royal Bank of Canada decreased its projection from $180 to $150 alongside a “Sector Perform” rating. Evercore reduced its target from $157 to $134. Piper Sandler maintained its “Overweight” recommendation with a $200 objective. Wells Fargo elevated QCOM to “Equal Weight” from “Underweight,” increasing its target to $150.
The aggregated rating among 24 analysts settles at “Hold,” with a mean price objective of $168.00.
Qualcomm disclosed Q1 2026 financial results on February 4, delivering EPS of $3.50 against the $3.38 projection. Revenue reached $12.25 billion, surpassing the $12.16 billion expectation and representing 4.7% year-over-year growth.
Management provided Q2 2026 EPS guidance of $2.45–$2.65. Analysts anticipate 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 registers at 2.7%, with a payout ratio of 73.55%.
