Qualcomm (NASDAQ:QCOM) EVP Akash Palkhiwala Sells 2,500 Shares

Market Beat
2026.05.13 21:24
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Qualcomm EVP Akash Palkhiwala sold 2,500 shares at $211.90 each, totaling $529,750, reducing his ownership by 8.15% to 28,184 shares valued at approximately $5.97 million. The transaction was made under a Rule 10b5-1 plan and disclosed to the SEC. Qualcomm's stock rose 1.4% to $213.21, with a market cap of $224.72 billion. The company reported Q2 earnings of $2.65 per share, exceeding estimates, and announced a quarterly dividend increase to $0.92 per share. Analysts forecast Qualcomm will post 7.99 EPS for the fiscal year.