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Qualcomm (NASDAQ:QCOM) SVP & CAO Patricia Y. Grech sold 273 shares of common stock on September 12, 2025, at a price of $161.42, for a total transaction value of $44,067.
Following the transaction, Ms. Grech indirectly owns 404 shares through a family trust. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 10, 2024, prior to her appointment as Chief Accounting Officer on August 25, 2025. While this individual sale represents a small transaction, InvestingPro data shows management has been actively buying back shares, demonstrating confidence in the company’s future. For comprehensive insider trading analysis and 13 more exclusive ProTips, explore InvestingPro’s detailed research report.
In other recent news, Qualcomm reported quarterly revenues of $10.4 billion and earnings per share of $2.77, surpassing consensus estimates of $10.3 billion and $2.71, respectively. The company also raised its guidance for the upcoming quarter, projecting revenues of $10.7 billion and earnings per share of $2.85, which are above analyst expectations. Benchmark maintained its Buy rating on Qualcomm, citing growth in automotive, IoT, and handsets divisions, while Cantor Fitzgerald reiterated a Neutral rating with a $150 price target. Mizuho lowered its price target to $185 due to concerns over QCT margins but kept an Outperform rating.
Additionally, Qualcomm announced several leadership changes, including the appointment of Patricia Grech as Senior Vice President and Chief Accounting Officer. Neil Martin transitioned to Senior Vice President of Corporate Development to focus on mergers and acquisitions. The company’s board of directors elected Dr. Jeremy Kolter as a new member, who will also serve on the Governance Committee. These developments reflect Qualcomm’s strategic adjustments and ongoing commitment to growth.
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