On December 5, 2024, Akash Palkhiwala, the Chief Financial Officer and Chief Operating Officer of Qualcomm Technologies, Inc., a subsidiary of Qualcomm Inc (QCOM, Financial), sold 3,000 shares of the company. Following this transaction, the insider now owns 48,778 shares of Qualcomm Inc.
Qualcomm Inc is a global leader in the development and commercialization of foundational technologies for the wireless industry. The company is known for its innovations in mobile communications, including 3G, 4G, and 5G technologies, and provides a wide range of products and services that enable the wireless ecosystem.
Over the past year, Akash Palkhiwala has sold a total of 34,000 shares and has not purchased any shares. The insider transaction history for Qualcomm Inc indicates that there have been no insider buys and 36 insider sells over the same period.
On the day of the recent sale, shares of Qualcomm Inc were trading at $161.54, giving the stock a market cap of $177.216 billion. The company's price-earnings ratio is 17.74, which is lower than the industry median of 33.31 and also lower than the company’s historical median price-earnings ratio.
With a trading price of $161.54 and a GF Value of $147.46, Qualcomm Inc has a price-to-GF-Value ratio of 1.1, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
