It has underperformed by 11.55% the S&P500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The company's stock declined 15.28% with the market as Petersen Flynn & Dinsmore Inc sold 116,937 shares. Retail Bank Of America Corp De holds 0.18% or 17.11M shares in its portfolio. $82.29B is the market cap of Qualcomm Inc.
QUALCOMM Incorporated (QCOM) shares were closed at $55.23 a share in the latest session and the stock value gain nearly 0.47% since the beginning of this year. About 13.11M shares traded or 5.25% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 16, 2017 and is downtrending. QCOM underperformed by 14.76% the S&P500.
Since January 9, 2018, it had 0 buys, and 8 sales for $7.62 million activity. The insider now directly owns 8,794 shares worth $485,693. Sterneck Capital Management Limited Com stated it has 2.01% of its capital in QUALCOMM Incorporated (NASDAQ:QCOM).
In related news, EVP James H. Thompson sold 50,126 shares of the business's stock in a transaction dated Friday, March 9th. Rosenberg Donald J sold $618,603 worth of stock.
During Q4 2017 the big money sentiment decreased to 0.83. Its down 0.02, from 0.85 in 2017Q3. It fall, as 89 investors sold QCOM shares while 518 reduced holdings. 160 funds amassed stakes and 346 increased stakes. Clearbridge Investments Ltd Liability Co reported 636,244 shares. Franklin Resources holds 0.01% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 354,890 shares. The Company kept 1478.02M Floating Shares and holds 1482M shares outstanding. Columbia Prtn L L C Inv Management owns 109,421 shares. American Asset Mngmt reported 5,495 shares. Moreover, Gradient Invests Llc has 0.01% invested in QUALCOMM Incorporated (NASDAQ:QCOM). State Common Retirement Fund, a New York-based fund reported 4.13M shares.
It is a positive indicator for investor portfolio value - when the price of a stock Investor owns goes up in value. Riverpark Advisors Lc reported 440,000 shares stake. Deutsche Bank maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Monday, June 19. Honeywell reported 450,300 shares. (NASDAQ:QCOM) has 53% bullish analysts. Beacon Advsrs Incorporated reported 0.9% in QUALCOMM Incorporated (NASDAQ:QCOM). Washington Bancorp has 1.05% invested in QUALCOMM Incorporated (NASDAQ:QCOM).
Imperial Oil Limited (NYSEAMERICAN:IMO) had a decrease of 9.28% in short interest. It also reduced its holding in Mcbc Hldgs Inc by 56,600 shares in the quarter, leaving it with 113,600 shares, and cut its stake in Nv5 Global Inc (NASDAQ:NVEE).
Gabriel Smith joined the mosttradedstocks.com, after more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Seekingalpha.com and their article: "Qualcomm: Path To Higher Profits" published on May 02, 2018 as well as Seekingalpha.com's news article titled: "Apple Stymies Qualcomm's Quarterly Results" with publication date: April 30, 2018.
More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Investorplace.com which released: "3 Stocks to Watch on Thursday: Booking Holdings Inc (BKNG), Microsoft Corporation (MSFT) and Qualcomm, Inc ..." on May 10, 2018, also Nasdaq.com with their article: "Qualcomm Is Reportedly Giving Up on Server Chips" published on May 10, 2018, Nasdaq.com published: "Get a Grip on 5G Technology Before You Buy These Stocks" on May 15, 2018.
Among 37 analysts covering Qualcomm Inc. Therefore 43% are positive. Qualcomm Inc had 33 analyst reports since November 20, 2017 according to SRatingsIntel. On Thursday, May 10 the firm has "Buy" rating by RBC Capital Markets given. The company was upgraded on Monday, August 24 by Standpoint Research. On Tuesday, January 16 Susquehanna maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating. In Monday, January 29 report RBC Capital Markets maintained it with "Buy" rating and $80.0 target. The rating was maintained by Canaccord Genuity on Tuesday, March 13 with "Buy". ValuEngine lowered Qualcomm from a "buy" rating to a "hold" rating in a research note on Monday, April 23rd. Mizuho has "Buy" rating and $75.0 target.
Beltre to get hamstring evaluated, may be DL-bound
Texas Rangers third baseman Adrian Beltre has been placed back on the 10-day disabled list with an injury to his left hamstring. Beltre went 1 for 2 at the plate before the injury and is batting.314 this season in 29 games.