Free 7-day Trial
All Articles and Columns »

QUALCOMM Inc. (QCOM) Vice Chairman Steven R Altman sells 100,000 Shares

Feb 07, 2012 | About:
insider
insider
Vice Chairman of QUALCOMM Inc. (QCOM) Steven R Altman sells 100,000 shares of QCOM on 02/03/2012 at an average price of $60.83 a share.

Qualcomm Inc. has a market cap of $103 billion; its shares were traded at around $61.07 with a P/E ratio of 20.8 and P/S ratio of 6.9. The dividend yield of Qualcomm Inc. stocks is 1.4%. Qualcomm Inc. had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated Qualcomm Inc. the business predictability rank of 3.5-star.

This is the annual revenues and earnings per share of QCOM over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of QCOM.


CEO Recent Trades:


  • Chairman & CEO Paul E Jacobs sold 22,000 shares of QCOM stock on 02/02/2012 at the average price of 61.03. Paul E Jacobs owns at least 1,434,971 shares after this. The price of the stock has increased by 0.07% since.
  • Chairman & CEO Paul E Jacobs sold 30,034 shares of QCOM stock on 02/01/2012 at the average price of 59.47. Paul E Jacobs owns at least 1,434,971 shares after this. The price of the stock has increased by 2.69% since.
  • Chairman & CEO Paul E Jacobs sold 18,000 shares of QCOM stock on 01/25/2012 at the average price of 59.47. Paul E Jacobs owns at least 1,447,005 shares after this. The price of the stock has increased by 2.69% since.
  • Chairman & CEO Paul E Jacobs sold 9,066 shares of QCOM stock on 11/17/2011 at the average price of 56.29. Paul E Jacobs owns at least 1,447,005 shares after this. The price of the stock has increased by 8.49% since.
  • Chairman & CEO Paul E Jacobs sold 26,325 shares of QCOM stock on 11/07/2011 at the average price of 56.96. Paul E Jacobs owns at least 1,429,238 shares after this. The price of the stock has increased by 7.22% since.

This is the insider trade history vs. stock price of QCOM. For the complete insider trading history of QCOM, click here.




Directors and Officers Recent Trades:


  • Director Francisco Ros bought 275 shares of QCOM stock on 11/28/2011 at the average price of 53.79. Francisco Ros owns at least 475 shares after this. The price of the stock has increased by 13.53% since.
  • Director Francisco Ros bought 200 shares of QCOM stock on 09/02/2011 at the average price of 49.32. Francisco Ros owns at least 200 shares after this. The price of the stock has increased by 23.82% since.
  • EVP & Group President Derek K Aberle sold 206,250 shares of QCOM stock on 02/03/2012 at the average price of 61.02. Derek K Aberle owns at least 1,845 shares after this. The price of the stock has increased by 0.08% since.
  • Director Raymond V Dittamore sold 20,000 shares of QCOM stock on 02/02/2012 at the average price of 61.03. Raymond V Dittamore owns at least 12,591 shares after this. The price of the stock has increased by 0.07% since.
  • Vice Chairman Steven R Altman sold 50,000 shares of QCOM stock on 02/01/2012 at the average price of 59.5. Steven R Altman owns at least 104,507 shares after this. The price of the stock has increased by 2.64% since.


For the complete insider trading history of QCOM, click here.

Tickers in the article:

Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


Rate this article:

Rating: 5.0/5 (2 votes)

Comments

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial