Qualcomm, Inc’s recent filing unveils that its CFO & COO Palkhiwala Akash J. unloaded Company’s shares for reported $91442.0 on Apr 09 ’25. In the deal valued at $141.11 per share,648 shares were sold. As a result of this transaction, Palkhiwala Akash J. now holds 56,445 shares worth roughly $7.86 million.
Then, Palkhiwala Akash J. sold 635 shares, generating $84,633 in total proceeds. Upon selling the shares at $133.28, the CFO & COO now owns 57,093 shares.
Before that, Palkhiwala Akash J. sold 269 shares. Qualcomm, Inc shares valued at $35,267 were divested by the CFO & COO at a price of $131.10 per share. As a result of the transaction, Palkhiwala Akash J. now holds 57,728 shares, worth roughly $8.04 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 fall -0.04% to $139.19. Over the last five days, the stock has gained 7.30%. Qualcomm, Inc shares have fallen nearly -9.39% since the year began. Nevertheless, the stocks have fallen -20.52% over the past one year. While a 52-week high of $230.63 was reached on 02/05/25, a 52-week low of $120.80 was recorded on 04/07/25. SMA at 50 days reached $157.33, while 200 days put it at $166.69.
Levels Of Support And Resistance For QCOM Stock
The 24-hour chart illustrates a support level at 136.31, which if violated will result in even more drops to 133.43. On the upside, there is a resistance level at 142.59. A further resistance level may holdings at 145.99. The Relative Strength Index (RSI) on the 14-day chart is 42.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.04%. Stochastics %K at 41.59% 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 2025-03-31, dropping by -0.61 million shares to a total of 16.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 17.26 million shares. There was a decline of -3.64%, which implies that there is a negative sentiment for the stock.
