In a filing, Qualcomm, Inc revealed its Officer THOMPSON JAMES H acquired Company’s shares for reported $7.11 million on Mar 05 ’25. In the deal valued at $153.35 per share,46,375 shares were bought.
Then, Palkhiwala Akash J. sold 3,337 shares, generating $523,292 in total proceeds. Upon selling the shares at $156.82, the CFO & COO now owns 59,778 shares.
Before that, AKASH PALKHIWALA bought 3,337 shares. Qualcomm, Inc shares valued at $512,630 were divested by the Chief Financial Officer at a price of $153.62 per share.
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 Friday, Qualcomm, Inc [NASDAQ:QCOM] saw its stock jump 3.32% to $161.22. Over the last five days, the stock has gained 2.58%. Qualcomm, Inc shares have risen nearly 4.95% since the year began. Nevertheless, the stocks have fallen -0.14% over the past one year. While a 52-week high of $230.63 was reached on 02/05/25, a 52-week low of $149.43 was recorded on 03/04/25. SMA at 50 days reached $164.44, while 200 days put it at $174.40.
Levels Of Support And Resistance For QCOM Stock
The 24-hour chart illustrates a support level at 157.02, which if violated will result in even more drops to 152.82. On the upside, there is a resistance level at 163.62. A further resistance level may holdings at 166.02. The Relative Strength Index (RSI) on the 14-day chart is 47.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.76%. Stochastics %K at 28.76% indicates the stock is a holding.
