Stocks of Qualcomm, Inc (NASDAQ:QCOM) traded higher last session on Wall Street, down -0.51% to $151.34.
QCOM stock price is now 2.64% away from the 50-day moving average and -6.10% away from the 200-day moving average. The market capitalization of the company currently stands at $166.17B.
, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Palkhiwala Akash J., CFO & COO sold 3,333 shares of the company’s stock on May 05 ’25. The stock was sold for $465,846 at an average price of $139.77. Upon completion of the transaction, the CFO & COO now directly owns 53,112 shares in the company, valued at $8.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 05 ’25, Chief Financial Officer AKASH PALKHIWALA bought 3,333 shares of the business’s stock. A total of $464,754 was incurred on buying the stock at an average price of $139.44. A total of 0.13% of the company’s stock is owned by insiders.
During the past 12 months, Qualcomm, Inc has had a low of $120.80 and a high of $230.63. As of last week, the company has a debt-to-equity ratio of 0.53, a current ratio of 2.73, and a quick ratio of 2.08.
The net profit margin was 26.11% and return on equity was 42.21% for QCOM. The company reported revenue of $10.98 billion for the quarter, compared to $9.39 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.93 percent. For the current quarter, analysts expect QCOM to generate $10.33B in revenue.
