Qualcomm, Inc’s filing revealed that its CFO & COO Palkhiwala Akash J. unloaded Company’s shares for reported $0.24 million on Apr 04 ’25. In the deal valued at $132.10 per share,1,781 shares were sold. As a result of this transaction, Palkhiwala Akash J. now holds 57,997 shares worth roughly $7.52 million.
Then, Akash Palkhiwala bought 3,333 shares, generating $464,687 in total proceeds.
Before that, ACE HEATHER S sold 1,600 shares. Qualcomm, Inc shares valued at $246,784 were divested by the Chief Human Resources Officer at a price of $154.24 per share. As a result of the transaction, ACE HEATHER S now holds 24,393 shares, worth roughly $3.16 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 Monday, Qualcomm, Inc [NASDAQ:QCOM] saw its stock jump 1.77% to $129.72. Over the last five days, the stock has lost -15.55%. Qualcomm, Inc shares have fallen nearly -15.56% since the year began. Nevertheless, the stocks have fallen -23.59% over the past one year. While a 52-week high of $230.63 was reached on 02/05/25, a 52-week low of $126.68 was recorded on 04/07/25. SMA at 50 days reached $160.90, while 200 days put it at $168.43.
Levels Of Support And Resistance For QCOM Stock
The 24-hour chart illustrates a support level at 121.28, which if violated will result in even more drops to 112.84. On the upside, there is a resistance level at 137.68. A further resistance level may holdings at 145.64. The Relative Strength Index (RSI) on the 14-day chart is 24.48, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -19.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.07%. Stochastics %K at 9.31% indicates the stock is a buying.
How much short interest is there in Qualcomm, Inc?
A steep rise in short interest was recorded in Qualcomm, Inc stocks on 2025-03-14, growing by 4.07 million shares to a total of 20.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 16.62 million shares. There was a rise of 19.66%, which implies that there is a positive sentiment for the stock.
