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Have Insiders Been Selling QUALCOMM Incorporated (NASDAQ:QCOM) Shares?

We often see insiders buying stock in companies that are doing well in the long run. On the other hand, we would be remiss not to mention that insider sales are known to precede tough times for a company. So stockholders may want to know if insiders have bought or sold shares in QUALCOMM Incorporated (NASDAQ:QCOM).

What is Insider Selling?

It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. However, most countries require the company to disclose such transactions to the market.

We believe that shareholders should not simply follow insider transactions. But logic dictates that you should pay some attention to whether insiders are buying or selling stocks. For example, a Columbia University study found that “insiders are more likely to buy shares of their own company in the open market when the company is about to announce new agreements with customers and suppliers.”

Check out our latest analysis for QUALCOMM

The last 12 months of insider trading at QUALCOMM

The insider, Brian Modoff, made the biggest insider sale in the past 12 months. That single transaction was for US$3.2 million in shares at a price of US$158 each. While we usually don’t like to see insider sales, it’s more concerning if the sales are happening at a lower price. The silver lining is that this sale happened above the last price (US$142). So it may not tell us anything about how insiders think about the current stock price.

Insiders in QUALCOMM have not bought any shares in the past year. The graph below shows the insider transactions (by companies and private individuals) over the past year. If you click on the chart you can see all the individual trades including the stock price, individual and date!

NasdaqGS:QCOM Insider Trading Volume July 13, 2021

I’ll like QUALCOMM more when I see some great insider buys. While we wait, check out this free list of growing companies with significant recent insider purchases.

Insider Property of QUALCOMM

For a common stockholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivized to build the company for the long term. QUALCOMM insiders own approximately $208 million in shares (that’s 0.1% of the company). I like to see this level of insider ownership because it increases the likelihood that management will think about the interests of shareholders.

So what does this data suggest about QUALCOMM Insiders?

It doesn’t really mean much that no insider traded in QUALCOMM stock in the past quarter. It’s encouraging that insiders own a lot of stock, but we’d like to see more insider buys as the last year of QUALCOMM insider trading gives us no confidence. In addition to understanding insider dealings in progress, it is also helpful to identify the risks QUALCOMM faces. For example – QUALCOMM has 1 warning sign we think you should be aware of this.

But watch out: QUALCOMM may not be the best stock to buy. So take a look at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory authority. We currently consider open market operations and private disposals, but not derivatives transactions.

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This article from Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell shares and does not take into account your objectives or your financial situation. We strive to provide you with long-term focused analysis powered by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or quality material. Simply Wall St has no position in said stocks.
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Do you have any feedback on this article? Concerned about the content? Contact us directly with us. You can also email the editorial team at (at) Simplywallst.com.

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