Hundreds of Hedge Funds Are Fleeing This Stock

A strange force has seized control of Wall Street. Hedge funds are already moving their money... and preparing for even stranger days ahead. Over 320 hedge funds have quietly sold THIS famous stock -- to prepare for a dramatic market shift Get the strange truth from a 50-year Wall Street insider... including the name and ticker of the stock hedge funds are selling hand-over-first.

QCOM
QUALCOMM Incorporated
NASDAQ
171.73
Open 172.11 Prev Close 170.92
High 172.58 Low 169.42
Volume 6,432,721 Volume (Avg) 8,532,703
52 Week High 167.14 52 Week Low 57.82
Market Cap 147.4B PE Ratio 22.42

About QUALCOMM Incorporated

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies and products are used in mobile devices and other wireless products, including network equipment, broadband gateway equipment, consumer electronic devices, and other connected devices worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, LTE, and/or 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including artificial intelligence, automotive, digital healthcare, enterprise, IoT, mobile and networking and investment for supporting the design and introduction of new products and services for voice and data communications, and new industry segments. The company also provides development, and other services and related products to the United States government agencies and their contractors. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

General

NameQUALCOMM Incorporated
TickerQCOM
ExchangeNASDAQ
SectorTechnology
IndustrySemiconductors
CurrencyUSD
CountryUSA
Fiscal Year EndSeptember
Full Time Employees41,000

Highlights

Analyst Target172.16
Market Cap147,396,001,792
PE Ratio22.42
PEG Ratio0.77
EBITDA9,128,999,936

Share Stats

Shares Outstanding1,136,000,000
Shares Float1,134,068,800
Shares Short17,240,878
Insider Holdings14%
Institution Holdings77.64%

Highlights

Analyst Target172.16
Market Cap147,396,001,792
PE Ratio22.42
PEG Ratio0.77
EBITDA9,128,999,936

Valuation

Trailing PE22.18
Forward PE18.45
Price/Sales (Trailing 12 Mt.)5.83
Price/Book (Most Recent Quarter)20.86

Dividend

QUALCOMM Incorporated pays out a dividend of $2.57 per share, with a dividend yield of 1.39%.

QCOM's last dividend payment was made to shareholders on March 25, 2021.

They pay out 48.51% of their earnings out as a dividend.

Recent Dividends

Jun 20, 2024$0.85
Mar 21, 2024$0.80
Dec 14, 2023$0.80
Sep 21, 2023$0.80
Jun 22, 2023$0.80
Mar 23, 2023$0.75
Dec 15, 2022$0.75
Sep 22, 2022$0.75
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