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.
Source: American Banking and Market News
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.
Source: American Banking and Market News