Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Qualcomm, Inc shares valued at $246,784 were sold by ACE HEATHER S on Mar 12 ’25. At $154.24 per share, ACE HEATHER S sold 1,600 shares. The insider’s holdings dropped to 24,393 shares worth approximately $3.71 million following the completion of this transaction.
Also, ACE HEATHER S purchased 1,600 shares, netting a total of over 246,784 in proceeds.
Before that, THOMPSON JAMES H had added 46,375 shares to its account. In a trade valued at $7,111,584, the Officer bought Qualcomm, Inc shares for $153.35 each.
As published in a research note from Barclays on January 17, 2025, Qualcomm, Inc [QCOM] has been retained to an Overweight and the price target has been revised to $185. Analysts at Melius started covering the stock with ‘”a Hold”‘ outlook in a report released in early December. As of November 12, 2024, Loop Capital has initiated its “Hold” rating for QCOM. Earlier on October 16, 2024, Citigroup resumed its rating. Their recommendation was “a Neutral” for QCOM stock.
Analyzing QCOM Stock Performance
During the last five days, there has been a drop of approximately -2.63%. Over the course of the year, Qualcomm, Inc shares have dropped approximately -1.09%. Shares of the company reached a 52-week high of $177.00 on 02/05/25 and a 52-week low of $150.42 on 03/13/25. A 50-day SMA is recorded $164.03, while a 200-day SMA reached $173.45.
Support And Resistance Levels for Qualcomm, Inc (QCOM)
According to the 24-hour chart, there is a support level at 149.70, which, if violated, would cause prices to drop to 147.45. In the upper region, resistance lies at 154.91. The next price resistance is at 157.87. RSI (Relative Strength Index) is 37.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.01, which suggests the price will decrease in the coming days. Percent R is at 90.60%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
