Oklo stock tumbles as Financial Times scrutinizes valuation
Qualcomm (NASDAQ:QCOM) CFO & COO Akash J. Palkhiwala sold 8,355 shares of common stock on October 20, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales were executed in multiple transactions with prices ranging from $162.9094 to $167.096, resulting in a total value of $1,384,142.
The filing indicates the sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2024.
Following the transactions, Palkhiwala directly owns 36,541 shares of Qualcomm stock. The company has maintained its dividend payments for 23 consecutive years, currently offering a 2.2% yield. For deeper insights into Qualcomm’s valuation and 10+ additional ProTips, visit InvestingPro, where you’ll find comprehensive analysis and the detailed Pro Research Report.
In other recent news, Qualcomm announced it will pay a quarterly cash dividend of $0.89 per share on December 18, 2025, continuing its tradition of returning value to shareholders. Additionally, Qualcomm has adopted Arm’s ninth-generation computing architecture, known as "v9," for its latest PC and phone chips, potentially enhancing artificial intelligence performance. This shift could have implications for Arm’s revenue as competition heats up in the semiconductor market. In terms of leadership changes, Qualcomm appointed Dr. Jeremy Kolter to its board of directors and governance committee. The company also announced Patricia Grech as the new Senior Vice President and Chief Accounting Officer, while Neil Martin transitions to Senior Vice President of Corporate Development. Furthermore, Benchmark maintained its Buy rating and $200 price target for Qualcomm, citing strong growth in automotive, IoT, and handset divisions. The firm’s automotive revenue increased by 21% annually, IoT by 24%, and the Handsets division saw a 7% growth.
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