Qualcomm Inc (NASDAQ: QCOM) Executives are Making Moves with Their Shares

By Carrie Williams

Today, the EVP & GC of Qualcomm Inc (QCOMResearch Report), Donald Rosenberg, sold shares of QCOM for $603.8K.

Following Donald Rosenberg’s last QCOM Sell transaction on October 16, 2014, the stock climbed by 25.3%. This is Rosenberg’s first Sell trade following 3 Buy transactions.

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Currently, Qualcomm Inc has an average volume of 16.63M. The Company has a Price to Book ratio of 26.9555. QCOM’s market cap is $104.2B and the company has a P/E ratio of 45.42.

Based on 21 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $93.76, reflecting a 11.8% upside.

The insider sentiment on Qualcomm Inc has been neutral according to 89 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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