Shares of QUALCOMM Incorporated (QCOM) Sees Large Inflow of Net Money Flow

QUALCOMM Incorporated (QCOM) : The money flow analysis of QUALCOMM Incorporated (QCOM) indicates a $46.86 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $86.71 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.85 and so was the total money flow at $39.86 million. The bulls lapped up $38.26 million worth of block trades on upticks. The money flow was $38.26 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of QUALCOMM Incorporated (QCOM), pushing it down by -0.14% for the day. The stock slid $0.08 and traded at $54.12 during the day. Nonetheless, the stock is 2.1% over the previous weeks close.


The company Insiders own 0.24% of QUALCOMM Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -85.12% . Institutional Investors own 79.24% of QUALCOMM Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -85.12%. In an insider trading activity,The officer (EVP, Qualcomm Technologies Inc) of Qualcomm Inc/De, Grob Matthew S sold 10,000 shares at $55.25 on May 24, 2016. The Insider selling transaction had a total value worth of $552,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of QUALCOMM Incorporated rose by 5.16% in the last five trading days and 1.47% for the last 4 weeks. QUALCOMM Incorporated is up 8.51% in the last 3-month period. Year-to-Date the stock performance stands at 11.35%.

QUALCOMM Incorporated (NASDAQ:QCOM): stock turned positive on Tuesday. Though the stock opened at $54.45, the bulls momentum made the stock top out at $54.74 level for the day. The stock recorded a low of $54.21 and closed the trading day at $54.62, in the green by 0.93%. The total traded volume for the day was 7,413,747. The stock had closed at $54.115 in the previous days trading.

Qualcomm Incorporated (Qualcomm) is engaged in providing third-generation (3G), fourth-generation (4G) and next-generation wireless technologies. The Companys products include 2net, AllPlay, Brew, Gobi, Halo, HealthyCircles, Hy-Fi, IPQ, IZat, Pixtronix, Powerline, QChat, QLearn, Small Cells, Snapdragon, Vive, RaptorQ, Vuforia and WiPower. AllPlay helps manufacturers create devices and services. It also helps developers create Android and iPhone operating system (iOS) music streaming applications. The Companys Brew platform enables feature phone applications, such as gaming, messaging, Web browsing and social networking. Qualcomm Gobi modems connect users devices to 3G, 4G, and 4G long-term evolution (LTE) networks. Qualcomm Halo technology eliminates the need for plug-in cords for recharging in electric and hybrid vehicles. Qualcomm Powerline solutions turn electrical outlets into broadband connection points, creating networks by plugging in.

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