Qualcomm Inc. (QCOM) President Derek K. Aberle and EVP Matthew S. Grob Sells 3,255,853.35 in Stock


Qualcomm Inc. (NASDAQ:QCOM) President Derek K. Aberle sold 22,653 shares of the stock in a transaction that occurred on Wednesday, July 27th. The stock was sold at an average price of $61.95, for a total transaction of $1,403,353.35. Following the transaction, the president now directly owns 69,234 shares of the company’s stock, valued at approximately $4,289,046.30. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.




Qualcomm Inc. (NASDAQ:QCOM) EVP Matthew S. Grob sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 27th. The shares were sold at an average price of $61.75, for a total transaction of $1,852,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Qualcomm Inc. (NASDAQ:QCOM) traded down 0.13% during midday trading on Thursday, reaching $62.43. 8,188,828 shares of the company’s stock were exchanged. Qualcomm Inc. has a 1-year low of $42.24 and a 1-year high of $64.95. The firm has a 50-day moving average of $54.84 and a 200-day moving average of $51.56. The company has a market capitalization of $92.00 billion and a PE ratio of 18.28.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 20th. The wireless technology company reported $1.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.19. The company had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.57 billion. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.99 earnings per share. Equities analysts expect that Qualcomm Inc. will post $4.24 earnings per share for the current fiscal year.





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