Investors Buy High Volume of Call Options on QUALCOMM (QCOM)

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(NASDAQ:QCOM) by 0.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,671,984 shares of the wireless technology company's stock after buying an additional 190,730 shares during the period. Legacy Private Trust Co.'s holdings in QUALCOMM were worth $235,000 at the end of the most recent reporting period. Has $433,000 Position in QUALCOMM, Inc.

Mitchell Mcleod Pugh & Williams Inc. decreased its position in QUALCOMM, Inc. BlackRock Inc. now owns 102,896,916 shares of the wireless technology company's stock valued at $5,900,110,000 after buying an additional 99,564,587 shares in the last quarter.

Sanford C. Bernstein reiterated their market perform rating on shares of QUALCOMM, Inc. The fund owned 34,542 shares of the wireless technology company's stock after buying an additional 71 shares during the period. Cue Financial Group Inc. boosted its position in shares of QUALCOMM by 1.5% in the third quarter. Northern Trust Corp now owns 20,283,988 shares of the wireless technology company's stock worth $1,389,454,000 after buying an additional 513,204 shares during the period. FMR LLC boosted its stake in shares of QUALCOMM by 3.7% in the fourth quarter. Inc. now owns 123,633 shares of the wireless technology company's stock valued at $7,089,000 after buying an additional 29,422 shares in the last quarter. Looking at the stock's movement on the chart, QUALCOMM Incorporated recorded a 52-week high of $70.41. The company has a 50 day moving average price of $54.67 and a 200 day moving average price of $60.05. QUALCOMM also was the target of unusually large options trading on Friday. Lyons Wealth Mngmt Ltd Liability Company invested in 45,822 shares. This represents an increase of approximately 364% compared to the typical volume of 11,084 call options.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, April 19th. The company had revenue of $5.99 billion for the quarter, compared to analyst estimates of $5.86 billion.

The company has -6.30% returns on equity value while its ROI ratio was 2.20%. The Jacobs & Co holds 8,149 shares with $1.16 million value, down from 91,729 last quarter. During the same quarter in the previous year, the firm earned $1.04 EPS. Equities research analysts predict that QUALCOMM, Inc. will post $4.23 EPS for the current fiscal year. Compton Capital Management Ri owns 21,607 shares or 0.74% of their U.S. portfolio. This is an increase from QUALCOMM's previous quarterly dividend of $0.53. This represents a $2.28 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend is Friday, May 26th.

Currently, the market capitalization of QUALCOMM Incorporated (QCOM) is 82.91 Billion.

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A number of brokerages have weighed in on QCOM. Zacks Investment Research cut shares of QUALCOMM from a "hold" rating to a "sell" rating in a report on Wednesday, April 5th. The stock has "Buy" rating by UBS on Monday, November 16. At the time of writing, the First Call consensus price target for the company is $60.72. Wells Fargo & Co restated an "outperform" rating and set a $75.00 price target (down previously from $80.00) on shares of QUALCOMM in a research note on Saturday, January 28th. Rosenblatt Securities downgraded QUALCOMM from a "buy" rating to a "neutral" rating and set a $56.00 price objective on the stock.in a report on Wednesday, April 19th. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Also, Director Ann M. Livermore purchased 9,000 shares of QUALCOMM stock in a transaction that occurred on Thursday, May 11th. The stock was bought at an average cost of $54.59 per share, for a total transaction of $491,310.00.

In other QUALCOMM news, EVP James H. Thompson sold 25,000 shares of the company's stock in a transaction on Friday, April 21st. The shares were sold at an average price of $55.02, for a total transaction of $588,769.02. Following the completion of the transaction, the executive vice president now owns 76,246 shares of the company's stock, valued at $4,005,202.38. The disclosure for this sale can be found here.

The Company has 3947.04 million shares outstanding while EPS in next five years is expected to reach 5.00% while EPS growth in past 5 year was -73.48%.