Summary: Qualcomm EVP, CFO and COO Akash J. Palkhiwala sold 2,500 shares of Qualcomm stock on April 13, 2026, for approximately $325,854. The sale was carried out under a pre-arranged 10b5-1 trading plan in two transactions, with sale prices ranging from $130.1206 to $131.1652. After these disposals, Palkhiwala directly holds 30,684 shares, a total that includes 85 shares purchased under the company’s Employee Stock Purchase Plan on April 1, 2026.
The stock was trading at $131.20 at the time of reporting and is down 23% year-to-date. According to InvestingPro analysis cited in company reporting, Qualcomm appears undervalued at current levels. InvestingPro Tips also note that Qualcomm has raised its dividend for 23 consecutive years.
Insider transaction details
Palkhiwala’s 2,500-share sale on April 13, 2026, was executed in two separate transactions and processed under a 10b5-1 plan. The per-share prices recorded for the two trades were within the narrow band of $130.1206 to $131.1652. Following these transactions, the executive’s direct holdings stand at 30,684 shares, which includes 85 shares acquired through the company’s Employee Stock Purchase Plan on April 1, 2026.
Company capital allocation and dividend update
Qualcomm has announced a substantial $20 billion share buyback program. The company also increased its quarterly dividend from $0.89 to $0.92 per share, effective for dividends payable after March 26, 2026. That raise brings the annualized dividend to $3.68 per share.
Analyst views and strategic moves
Market commentators have expressed mixed views. Goldman Sachs initiated coverage of Qualcomm with a Neutral rating, highlighting the company’s efforts to broaden revenue streams into markets such as automotive and datacenters. By contrast, Bernstein downgraded Qualcomm to Market Perform from Outperform, citing challenges in the smartphone market and the prospect of declining shipments.
Separately, Qualcomm has entered a multi-year strategic agreement with Snap Inc. under which Qualcomm’s Snapdragon technology will power future generations of Snap’s Specs. Company statements characterize this as part of Qualcomm’s continued expansion into new technology areas.
Context and implications
These developments - the insider sale by a senior executive, the large buyback program, the dividend increase and mixed analyst commentary - together underline the company’s current positioning in both financial and strategic dimensions. The facts reported here reflect corporate actions and external analyst assessments without projecting outcomes beyond the stated information.