Qualcomm, Inc’s recent filing unveils that its CFO & COO Palkhiwala Akash J. unloaded Company’s shares for reported $0.49 million on Jun 02 ’25. In the deal valued at $146.10 per share,3,333 shares were sold. As a result of this transaction, Palkhiwala Akash J. now holds 49,779 shares worth roughly $7.93 million.
Then, AKASH PALKHIWALA bought 3,333 shares, generating $488,718 in total proceeds.
Before that, QUALCOMM INC/DE sold 412,500 shares. Qualcomm, Inc shares valued at $6,600,000 were divested by the 10% Owner at a price of $16.00 per share. As a result of the transaction, QUALCOMM INC/DE now holds 0 shares, worth roughly $0.0.
Seaport Research Partners initiated its Qualcomm, Inc [QCOM] rating to a Neutral in a research note published recently. Barclays also remained covering QCOM and reiterated its “an Overweight” recommendation on January 17, 2025. Melius started covering the stock on December 09, 2024. It rated QCOM as “a Hold”.
Price Performance Review of QCOM
On Monday, Qualcomm, Inc [NASDAQ:QCOM] saw its stock jump 0.45% to $159.26. Over the last five days, the stock has gained 4.00%. Qualcomm, Inc shares have fallen nearly -19.29% since the year began. Nevertheless, the stocks have risen 3.67% over the past one year. While a 52-week high of $211.09 was reached on 02/05/25, a 52-week low of $120.80 was recorded on 04/07/25.
Levels Of Support And Resistance For QCOM Stock
The 24-hour chart illustrates a support level at 158.09, which if violated will result in even more drops to 156.91. On the upside, there is a resistance level at 160.15. A further resistance level may holdings at 161.03.
How much short interest is there in Qualcomm, Inc?
A steep rise in short interest was recorded in Qualcomm, Inc stocks on 2025-06-13, dropping by -1.86 million shares to a total of 23.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 25.08 million shares. There was a decline of -8.01%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 12, 2024 when Loop Capital began covering the stock and recommended ‘”a Hold”‘ rating along with a $180 price target.
