Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of QUALCOMM Incorporated NASDAQ: QCOM. In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in QUALCOMM stock on April 4th.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of FedEx NYSE: FDX on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of NIKE NYSE: NKE on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Caterpillar NYSE: CAT on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/4/2025.
QUALCOMM Stock Performance
QUALCOMM stock traded down $9.19 during midday trading on Thursday, reaching $134.40. 14,884,901 shares of the company traded hands, compared to its average volume of 8,859,892. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.62 and a quick ratio of 1.99. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $230.63. The firm has a market capitalization of $148.65 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth ratio of 2.01 and a beta of 1.28. The business has a 50 day moving average of $157.17 and a two-hundred day moving average of $161.66.
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QUALCOMM (NASDAQ:QCOM - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The wireless technology company reported $2.86 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.93 by ($0.07). QUALCOMM had a return on equity of 39.51% and a net margin of 25.94%. As a group, research analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.
QUALCOMM Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.85 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $3.40 annualized dividend and a dividend yield of 2.53%. QUALCOMM's payout ratio is 36.32%.
Institutional Trading of QUALCOMM
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in QUALCOMM by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 113,730,186 shares of the wireless technology company's stock worth $17,471,231,000 after acquiring an additional 707,468 shares during the period. Geode Capital Management LLC boosted its position in QUALCOMM by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 27,798,900 shares of the wireless technology company's stock worth $4,262,826,000 after purchasing an additional 670,432 shares in the last quarter. Norges Bank acquired a new stake in shares of QUALCOMM during the 4th quarter worth approximately $2,721,882,000. Amundi grew its stake in shares of QUALCOMM by 36.6% during the 4th quarter. Amundi now owns 14,579,529 shares of the wireless technology company's stock worth $2,313,634,000 after purchasing an additional 3,905,918 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of QUALCOMM by 12.7% during the 4th quarter. Northern Trust Corp now owns 13,289,513 shares of the wireless technology company's stock valued at $2,041,535,000 after purchasing an additional 1,493,076 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. StockNews.com lowered shares of QUALCOMM from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, March 12th. TD Cowen decreased their price target on shares of QUALCOMM from $195.00 to $160.00 and set a "buy" rating on the stock in a research report on Wednesday. Benchmark reissued a "buy" rating and set a $240.00 price objective on shares of QUALCOMM in a research report on Friday, February 7th. Mizuho decreased their target price on QUALCOMM from $245.00 to $215.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $250.00 price target on shares of QUALCOMM in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat.com, QUALCOMM has an average rating of "Hold" and a consensus price target of $202.64.
Read Our Latest Analysis on QCOM
Insider Activity at QUALCOMM
In related news, CFO Akash J. Palkhiwala sold 3,000 shares of QUALCOMM stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $169.80, for a total value of $509,400.00. Following the completion of the transaction, the chief financial officer now owns 63,115 shares in the company, valued at $10,716,927. The trade was a 4.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Neil Martin sold 744 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $174.83, for a total value of $130,073.52. Following the completion of the sale, the chief accounting officer now directly owns 461 shares in the company, valued at approximately $80,596.63. The trade was a 61.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 30,666 shares of company stock worth $5,047,052 in the last three months. Company insiders own 0.08% of the company's stock.
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.
About QUALCOMM
(Get Free Report)
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.
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