QUALCOMM (QCOM) CFO Akash J. Palkhiwala Sells $438K of Stock

QUALCOMM Incorporated (NASDAQ:QCOM) EVP, CFO & COO Akash J. Palkhiwala sold 2,500 shares of the company on October 20, 2026, at an average price of $175.06 per share.

QCOM QUALCOMM Incorporated

$174.36 ▲ +2.37% year to date

1M 3M YTD

Daily close · Oct 20, 2026

Inside Akash J. Palkhiwala's Qualcomm Trade

According to a Form 4 filed with the SEC, the transaction totaled about $437,646.50. Following the pre-arranged sale, Palkhiwala directly holds 20,799 shares of the semiconductor company. This trade trimmed his direct stake by 10.73%.

Other Institutional Activity in QUALCOMM Incorporated

Other institutional investors have adjusted their positions in the wireless technology developer recently. Assenagon Asset Management S.A. grew its holdings by 6,731,001 shares, ending with 6,822,682 shares worth about $1,255,646,395.00. Ninety One UK reduced its stake by 415,815 shares to hold 462,892 shares valued at roughly $85,190,644.00. Y-Intercept completely exited its position by selling 151,891 shares. Trinity Street Asset Management opened a new position with 109,666 shares worth about $20,182,930.00, while Kmg Fiduciary Partners trimmed 5,910 shares to finish with 76,463 shares valued at around $14,072,341.00.

QUALCOMM Incorporated Stock Up 2.0%

Shares recently traded around $175.60, positioning the stock slightly above its 50-day moving average of $175.12 and higher than its 200-day moving average of $169.38. The stock trades about 32.4% below its 52-week high of $259.92 and roughly 43.9% above its 52-week low of $121.99. The company has a market capitalization of roughly $185.3 billion and a P/E ratio of 20.08.

Recent Earnings

For its trailing twelve months, the San Diego-based tech firm generated $44.07 billion in revenue and reported earnings of $8.64 per share. The company posted a net profit margin of 21.0% and a return on equity of 33.8%. Qualcomm is scheduled to report its next financial results on November 4, 2026.

Dividend

Qualcomm pays an annual dividend rate of $3.68 per share, which translates to a dividend yield of 2.12%. The payout ratio sits at 41.5% of earnings.

Insider Buying and Selling at QUALCOMM Incorporated

This transaction follows other executive sales at the chipmaker. General Counsel Ann C Chaplin sold 1,827 shares on October 16, 2026, in a planned trade. Earlier, CEO Cristiano Renno Amon sold 10,000 shares on September 21, 2026, and officer Patricia Y Grech sold 625 shares on August 21, 2026.

Analysts Set New Price Targets

Wall Street firms continue to adjust their outlooks on the stock. TD Cowen maintained a Buy rating on October 19, 2026, lifting its target to $200.00 from $175.00. Other recent coverage includes a Neutral rating and $190.00 target initiated by Piper Sandler on September 10, 2026, alongside updates from RBC Capital and Rosenblatt. The stock carries a consensus hold rating from 30 analysts, with a mean price target of $194.13.

About QUALCOMM Incorporated

Headquartered in San Diego, California, Qualcomm creates foundational technology for the global wireless industry. The firm operates through three primary segments focusing on CDMA technologies, technology licensing, and strategic initiatives.

Bottom Line

Investors will look toward the upcoming earnings report on November 4, 2026, for further updates on financial performance and segment growth. Monitoring future Form 4 filings will also show whether executive selling continues ahead of year-end.