Alexander H. Rogers Sells 919 Shares of QUALCOMM, Inc. (QCOM) Stock

Lloyd Doyle
December 30, 2017

The institutional investor held 2.20 million shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $114.25M, up from 1.74M at the end of the previous reported quarter. Tradition Capital Management Llc who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $94.79 billion market cap company. The stock decreased 0.80% or $0.2 during the last trading session, reaching $24.88. About 2.33 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since December 29, 2016 and is uptrending. It has underperformed by 7.39% the S&P500.

Barton Investment Management lessened its stake in QUALCOMM, Inc. Meritage Portfolio Management bought 39,885 shares as the company's stock rose 5.47% with the market. The institutional investor held 543,282 shares of the industrial machinery and components company at the end of 2017Q3, valued at $26.12 million, up from 533,782 at the end of the previous reported quarter. Paloma Partners Management Company who had been investing in Tesla Inc for a number of months, seems to be bullish on the $52.33B market cap company. The stock decreased 0.62% or $0.97 during the last trading session, reaching $155.52. About 1.76 million shares traded. AMETEK, Inc. (NYSE:AME) has risen 27.71% since December 30, 2016 and is uptrending. It has outperformed by 37.23% the S&P500.

Among 34 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 11 have Buy rating, 10 Sell and 13 Hold. One analyst has rated the stock with a sell rating, nineteen have issued a hold rating and twelve have given a buy rating to the company's stock. Therefore 32% are positive.

QUALCOMM Incorporated on 9/29/2017 reported its EPS as $1.19 with the analysts projecting the EPS of the stock as $1.18. Deutsche Bank maintained it with "Hold" rating and $62 target in Monday, June 19 report. Penserra Capital Management LLC now owns 2,912 shares of the wireless technology company's stock valued at $160,000 after acquiring an additional 842 shares during the last quarter. Matrix Asset Advsrs Inc Ny reported 2.69% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). The rating was initiated by Seaport Global with "Neutral" on Friday, November 4. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned "Neutral" rating by Mizuho on Thursday, January 14. The rating was maintained by Cowen & Co with "Outperform" on Thursday, July 21. On Wednesday, July 19 the stock rating was maintained by Oppenheimer with "Hold". Ledyard National Bank owns 100 shares or 0% of their USA portfolio. It also reduced its holding in Morgan Stanley (NYSE:MS) by 423,400 shares in the quarter, leaving it with 789,070 shares, and cut its stake in Pfizer Inc (NYSE:PFE).

Since August 1, 2017, it had 0 insider purchases, and 7 sales for $18.57 million activity. On Sunday, August 20 STERLING MICHELLE M sold $245,919 worth of QUALCOMM Incorporated (NASDAQ:QCOM) or 4,740 shares.


Investors of record on Wednesday, November 29th were paid a $0.57 dividend. Its up 0.34, from 0.9 in 2017Q2. 89 funds opened positions while 397 raised stakes. Moreover, F&V Mgmt Limited Liability has 0.16% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Group One Trading LP holds 0.03% or 53,545 shares in its portfolio. Below is a list of QUALCOMM Incorporated (NASDAQ:QCOM) latest ratings and price target changes. Cwm Lc reported 556,793 shares. Midas Mgmt accumulated 20,000 shares. North American Corporation accumulated 0.98% or 119,551 shares. Grimes holds 0.74% or 134,759 shares. Van Cleef Asset Managementinc holds 9,400 shares. It increased, as 15 investors sold MLHR shares while 68 reduced holdings. The Rhode Island-based Whalerock Point Prns Limited Com has invested 0.57% in QUALCOMM Incorporated (NASDAQ:QCOM). Marble Harbor Inv Counsel Ltd Llc invested in 17,500 shares or 0.08% of the stock. Gyroscope Cap Mngmt Grp Inc Limited Liability Corporation invested in 106,957 shares or 2.8% of the stock. Pennsylvania-based Blb&B Advsr Ltd Co has invested 0.59% in QUALCOMM Incorporated (NASDAQ:QCOM). Edge Wealth Lc owns 45,228 shares or 0.71% of their U.S. portfolio. Raymond James downgraded the shares of MLHR in report on Tuesday, January 3 to "Underperform" rating. Capital International Investors increased its stake in QUALCOMM by 59.9% in the 2nd quarter. Its up 0.21, from 0.99 in 2017Q2. 73 funds opened positions while 223 raised stakes.

COPYRIGHT VIOLATION NOTICE: "Accredited Investors Inc". Following the completion of the sale, the executive vice president now owns 12,035 shares in the company, valued at $824,638.20. Parametric Assoc Ltd Llc has invested 0.03% of its portfolio in The Mosaic Company (NYSE:MOS). State Board Of Administration Of Florida Retirement owns 56,379 shares. New York-based Gabelli Funds Ltd Com has invested 0.64% in AMETEK, Inc. Saturna Corp invested 1.38% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Roanoke Asset Management accumulated 50,362 shares or 1.23% of the stock. Sg Americas Limited holds 0.01% or 14,735 shares in its portfolio. Therefore 47% are positive. Five9 Inc had 29 analyst reports since October 9, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of ST in report on Wednesday, December 13 with "Hold" rating. KeyBanc Capital Markets has "Buy" rating and $27.0 target. The firm has "Buy" rating by Canaccord Genuity given on Wednesday, November 1. On Monday, July 10 the stock rating was maintained by BMO Capital Markets with "Hold". The firm has "Hold" rating by Topeka Capital Markets given on Thursday, January 28. Zacks Investment Research lowered QUALCOMM from a "hold" rating to a "sell" rating in a research note on Wednesday, September 20th.

In related news, EVP Alexander H. Rogers sold 874 shares of the company's stock in a transaction on Monday, November 27th. The stock of AMETEK, Inc. Longbow downgraded the shares of TTC in report on Friday, December 4 to "Neutral" rating.

Analysts await AMETEK, Inc. (NYSE:AME) to report earnings on February, 6. They expect $0.77 earnings per share, down 27.36% or $0.29 from last year's $1.06 per share. QCOM's profit will be $1.14 billion for 20.79 P/E if the $0.77 EPS becomes a reality. After $0.82 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -6.10% negative EPS growth.

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