Key Takeaways
- On March 12, 2026, Qualcomm’s CFO/COO Akash Palkhiwala offloaded shares valued at $330,815, with transaction prices spanning $131.03 to $134.70
- Year-to-date losses for the stock stand at 23.6%, with shares currently changing hands at $129.82, dangerously close to the one-year nadir of $120.80
- Company insiders have collectively dumped 45,501 shares worth $7.78 million during the past three months
- Capitolis Liquid Global Markets reduced its QCOM stake by 54.4% during Q3, liquidating 322,000 shares
- Wall Street maintains a “Hold” consensus with an average price objective of $168.00, while Bank of America assigns an “Underperform” rating at $145
Qualcomm’s Chief Financial Officer and Chief Operating Officer Akash Palkhiwala executed stock sales totaling $330,815 on March 12, 2026. These dispositions occurred through a predetermined Rule 10b5-1 trading arrangement established on December 8, 2025.
The executive’s transaction encompassed 2,530 shares, with execution prices fluctuating between $131.03 and $134.70 per share. Post-transaction, Palkhiwala maintains direct ownership of 33,099 company shares.
With shares presently valued at $129.82, Palkhiwala managed to exit above today’s trading level. The semiconductor giant has experienced a 23.6% contraction year-to-date and remains perilously close to its annual floor of $120.80.
This divestiture by Palkhiwala represents merely one component of widespread insider liquidation. Throughout the previous 90-day period, company executives have collectively disposed of 45,501 QCOM shares, generating approximately $7.78 million in aggregate proceeds.
Executive Vice President Ann Chaplin liquidated 7,180 shares during December at an average price of $178.03, trimming her holdings by 23%. EVP Heather Ace divested 3,200 shares in February at $137.00 apiece, representing a 16% reduction in ownership.
Company insiders collectively control a mere 0.05% of outstanding shares. Institutional stakeholders command 74.35% of the equity.
Institutional Investment Trends
Among institutional participants, Capitolis Liquid Global Markets LLC slashed its QCOM allocation by 54.4% throughout Q3, disposing of 322,000 shares. The fund’s residual position of 270,400 shares carried an estimated value of $44.98 million as of the filing date.
Several smaller investment firms registered modest position increases. Waypoint Wealth Counsel, Greykasell Wealth Strategies, Baron Wealth Management, Certified Advisory Corp, and Elser Financial Planning each augmented holdings by 61 to 63 shares during the identical quarter.
Qualcomm’s 50-day simple moving average rests at $149.54, while the 200-day moving average stands at $162.36. Current trading activity remains substantially beneath both technical benchmarks.
The semiconductor manufacturer commands 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.
Wall Street Analyst Perspectives
Analyst opinions demonstrate considerable variation. Bank of America launched coverage on March 10 with an “Underperform” designation and $145 price objective, highlighting decelerated earnings expansion relative to industry competitors and the projected forfeiture of Apple-related revenue.
Royal Bank of Canada downgraded its target from $180 to $150 while maintaining a “Sector Perform” stance. Evercore reduced its objective from $157 to $134. Piper Sandler preserved its “Overweight” recommendation with a $200 target. Wells Fargo elevated QCOM to “Equal Weight” from “Underweight,” simultaneously lifting its target to $150.
The aggregated consensus among 24 Wall Street analysts remains “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 against consensus expectations of $3.38. Revenue reached $12.25 billion, surpassing the $12.16 billion analyst estimate and representing a 4.7% year-over-year advancement.
Management issued Q2 2026 EPS guidance spanning $2.45 to $2.65. Wall Street forecasts full-year earnings per share of $9.39.
Qualcomm announced a quarterly cash distribution of $0.89 per share, scheduled for disbursement on March 26, 2026. The annualized dividend yield calculates to 2.7%, supported by a payout ratio of 73.55%.
