Qualcomm, Inc’s recently made public that its President QTL & Global Affairs ROGERS ALEXANDER H unloaded Company’s shares for reported $3.28 million on Feb 10 ’25. In the deal valued at $169.83 per share,19,287 shares were sold. As a result of this transaction, ROGERS ALEXANDER H now holds 20,762 shares worth roughly $3.57 million.
Then, ALEXANDER H ROGERS bought 19,287 shares, generating $3,275,552 in total proceeds.
Before that, Palkhiwala Akash J. sold 3,000 shares. Qualcomm, Inc shares valued at $463,851 were divested by the CFO & COO at a price of $154.62 per share. As a result of the transaction, Palkhiwala Akash J. now holds 66,021 shares, worth roughly $11.35 million.
Barclays reiterated its Qualcomm, Inc [QCOM] rating to an Overweight in a research note published on January 17, 2025; the price target was $185. A number of analysts have revised their coverage, including Melius’s analysts, who began to cover the stock in early December with a ‘”a Hold”‘ rating. Loop Capital began covering QCOM with “Hold” recommendation on November 12, 2024. Citigroup maintained its rating on October 16, 2024. It rated QCOM as “a Neutral”.
Price Performance Review of QCOM
On Tuesday, Qualcomm, Inc [NASDAQ:QCOM] saw its stock jump 0.37% to $171.99. Over the last five days, the stock has lost -0.61%. Qualcomm, Inc shares have risen nearly 11.96% since the year began. Nevertheless, the stocks have risen 16.07% over the past one year. While a 52-week high of $230.63 was reached on 02/05/25, a 52-week low of $148.41 was recorded on 01/02/25. SMA at 50 days reached $162.59, while 200 days put it at $175.72.
Levels Of Support And Resistance For QCOM Stock
The 24-hour chart illustrates a support level at 169.83, which if violated will result in even more drops to 167.68. On the upside, there is a resistance level at 173.42. A further resistance level may holdings at 174.86. The Relative Strength Index (RSI) on the 14-day chart is 57.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.19%. Stochastics %K at 43.53% indicates the stock is a holding.
How much short interest is there in Qualcomm, Inc?
A steep rise in short interest was recorded in Qualcomm, Inc stocks on 2025-01-15, growing by 1.13 million shares to a total of 24.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 22.88 million shares. There was a rise of 4.71%, which implies that there is a positive sentiment for the stock.
