What the Technicals Say About QUALCOMM Incorporated (QCOM)

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The wireless technology company reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.07. About 7.22 million shares traded or 93.65% up from the average. ValuEngine raised shares of QUALCOMM from a "hold" rating to a "buy" rating in a research report on Friday, February 2nd. It has underperformed by 7.39% the S&P500.

Capital Advisors Inc decreased Qualcomm Inc (QCOM) stake by 15.12% reported in 2017Q3 SEC filing. Novare Capital Management LLC now owns 58,786 shares of the wireless technology company's stock valued at $3,047,000 after acquiring an additional 54,011 shares during the period. Fisher Asset Management LLC now owns 10,041,310 shares of the wireless technology company's stock valued at $575,769,000 after buying an additional 352,962 shares during the period. Neville Rodie & Shaw Inc who had been investing in Celgene Corp for a number of months, seems to be bullish on the $72.71B market cap company. The stock decreased 3.01% or $2.49 during the last trading session, reaching $80.27. About 15.02M shares traded or 34.55% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since February 8, 2017 and is uptrending. It has underperformed by 16.88% the S&P500.

Guinness Asset Management Ltd, which manages about $477.32 million US Long portfolio, upped its stake in Danaher Corp Del (NYSE:DHR) by 6,980 shares to 45,550 shares, valued at $3.91 million in 2017Q3, according to the filing. It also increased its holding in Idacorp Inc (NYSE:IDA) by 7,231 shares in the quarter, for a total of 394,432 shares, and has risen its stake in Teledyne Technologies Inc (NYSE:TDY).

In the last month, the price of QCOM has decreased -0.35%. The Lower end of the earnings estimate is $0.71, while the higher end of the earnings estimate is $1.12. It dived, as 83 investors sold QCOM shares while 490 reduced holdings. Manufacturers Life Insur The reported 1.78 million shares. Utah Retirement owns 271,358 shares for 0.32% of their portfolio. 783.53 million shares or 0.44% more from 780.09 million shares in 2017Q2 were reported. Wg Shaheen And Assocs Dba Whitney And holds 0.94% in Gilead Sciences, Inc. (NASDAQ:MDLZ) for 292,590 shares. (NASDAQ:FB) for 60,757 shares. Hl Svcs invested in 76,528 shares or 0.08% of the stock. Moreover, Weybosset And Mgmt Limited Liability Corporation has 0.16% invested in Abbott Laboratories (NYSE:ABT) for 4,600 shares. Girard Prtnrs Ltd, Pennsylvania-based fund reported 43,747 shares. (NASDAQ:ZUMZ). Menta Ltd Limited Liability Company accumulated 36,000 shares. State Of Tennessee Treasury Department holds 0.01% or 52,919 shares in its portfolio. Private Advisor Group Limited Com, New Jersey-based fund reported 49,072 shares. Davidson Garrard Incorporated invested in 0.49% or 50,803 shares. Ameriprise Fin has 0% invested in Zumiez Inc. Nomura holds 255,212 shares. Motco holds 0% of its portfolio in Gilead Sciences, Inc. (NASDAQ:FB) for 130,000 shares. At present, 0 analysts call it Sell, while 13 think it is Hold. Zumiez Inc. had 64 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has "Neutral" rating given on Wednesday, December 14 by JP Morgan. The rating was maintained by Deutsche Bank on Thursday, July 20 with "Hold". Stifel Nicolaus reissued a "buy" rating on shares of QUALCOMM in a research report on Thursday, October 12th. The company was downgraded on Monday, November 9 by Nomura. 150,056 were accumulated by Advantus Capital Mgmt Inc. The stock has "Hold" rating by Oppenheimer on Wednesday, July 19. The company has a market capitalization of $97,807.59, a P/E ratio of -22.06, a PEG ratio of 1.87 and a beta of 1.38.

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Since August 20, 2017, it had 0 insider purchases, and 6 selling transactions for $3.16 million activity. In the last ninety days, insiders sold 53,346 shares of company stock valued at $3,499,504. Alton Gregg H had sold 25,000 shares worth $2.09M on Thursday, February 1.

The most active shares in an exchange indicates that these shares are heavily bought and sold in today's market. (NASDAQ:CTXS) on Thursday, February 1 with "Hold" rating. Therefore 96% are positive. BidaskClub lowered QUALCOMM from a "sell" rating to a "strong sell" rating in a research report on Monday, July 24th. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has "Buy" rating given on Monday, November 13 by Canaccord Genuity. Robert W. Baird has "Hold" rating and $23.0 target. The stock has "Mkt Perform" rating by Charter Equity on Tuesday, January 24. Wunderlich has "Buy" rating and $32 target. Vetr upgraded the shares of QCOM in report on Wednesday, August 19 to "Buy" rating. Mizuho has "Neutral" rating and $47 target. The company has market cap of $4.64 billion. The stock has been active on the tape, now trading at $65.04, up from yesterday's close by 0.99%. The rating was maintained by Topeka Capital Markets on Thursday, July 23 with "Hold". On Thursday, July 23 the stock rating was maintained by Cowen & Co with "Outperform".

Recently, analysts have updated the overall rating to 2.45.