Qualcomm Inc/de (QCOM): James H Thompson , EVP, Qualcomm Technologies Inc of Qualcomm Inc/de sold 35,000 shares on Apr 13, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $51.58 per share for a total value of $1,805,300.00 according the SEC Form 4 Filing.
Company has been under the radar of several Street Analysts.QUALCOMM is Reiterated by Mizuho to Neutral and the brokerage firm has raised the Price Target to $ 49 from a previous price target of $47 .The Rating was issued on Apr 12, 2016.QUALCOMM is Downgraded by Barclays to Equal Weight while Lowering the Price Target of the company shares to $ 50 from a previous price target of $55 . Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Mar 28, 2016.QUALCOMM is Upgraded by Bernstein to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Feb 16, 2016.QUALCOMM is Reiterated by Mizuho to Neutral while Lowering the Price Target of the company shares to $ 47 from a previous price target of $51 . The Rating was issued on Feb 12, 2016.QUALCOMM is Reiterated by Cowen to Outperform while Lowering the Price Target of the company shares to $ 60 from a previous price target of $62 . The Rating was issued on Feb 12, 2016.
Currently the company Insiders own 0.24% of QUALCOMM shares according to the proxy statements.Institutional Investors own 77.5% of QUALCOMM shares.During last six month period, the net percent change held by insiders has seen a change of -86.26%.
QUALCOMM: On Monday, Apr 11, 2016 heightened volatility was witnessed in QUALCOMM which led to swings in the share price. The shares opened for trading at $50.86 and hit $51.575 on the upside , eventually ending the session at $51, with a gain of 0.87% or 0.44 points. The heightened volatility saw the trading volume jump to 86,37,157 shares. The 52-week high of the share price is $71.9 and the company has a market cap of $76,239 M . The 52-week low of the share price is at $42.24.
Qualcomm Incorporated (Qualcomm) is engaged in providing third-generation (3G) fourth-generation (4G) and next-generation wireless technologies. The Company’s 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 Company’s 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.