Qualcomm, Inc’s recently made public 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 $7.3 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 0.98% to $146.63. Over the last five days, the stock has gained 0.86%. Qualcomm, Inc shares have fallen nearly -4.55% since the year began. Nevertheless, the stocks have fallen -29.59% over the past one year. While a 52-week high of $230.63 was reached on 02/05/25, a 52-week low of $120.80 was recorded on 04/07/25. SMA at 50 days reached $145.76, while 200 days put it at $160.07.
Levels Of Support And Resistance For QCOM Stock
The 24-hour chart illustrates a support level at 145.01, which if violated will result in even more drops to 143.38. On the upside, there is a resistance level at 147.73. A further resistance level may holdings at 148.83. The Relative Strength Index (RSI) on the 14-day chart is 48.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.16%. Stochastics %K at 34.49% indicates the stock is a holding.
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.
