Qualcomm SVP Patricia Grech sells $18,281 in QCOM shares
Qualcomm SVP Patricia Grech sells $18,281 in QCOM shares
Patricia Y. Grech, Senior Vice President and Chief Accounting Officer at Qualcomm Inc. (NASDAQ:QCOM), sold company common stock totaling $18,281 on October 2, 2026.
The transaction involved the sale of 98 shares at a price of $186.55 per share. This sale was executed under a Rule 10b5-1 trading plan, which was adopted on December 11, 2025. The stock currently trades at $184.87, down 8.5% over the past week, according to InvestingPro data. The platform’s Fair Value analysis suggests Qualcomm appears undervalued at current levels.
The shares sold were acquired by Ms. Grech through the company’s Employee Stock Purchase Plan on October 1, 2026. Following this transaction, Ms. Grech directly holds no shares, though shares are held indirectly by her family trust, where she and her spouse serve as trustees, and her immediate family are the sole beneficiaries. For deeper insights into Qualcomm’s financial health and executive compensation trends, investors can access the comprehensive Pro Research Report, available for QCOM and 1,400+ other US equities.
In other recent news, Qualcomm Inc. announced the renewal of its QTL licensing agreement with Apple Inc., effective April 1. This renewal comes after previous disputes over licensing terms between the two companies. Analyst firm Bernstein reiterated a Market Perform rating on Qualcomm with a price target of $165.00 following the announcement. Additionally, Qualcomm’s partnership with Amazon has been a focal point, with StoneX reiterating a Buy rating and RBC Capital raising its price target to $180, highlighting the strategic importance of the Amazon collaboration in the data center AI segment. Qualcomm’s data center growth also caught analysts’ attention, with StoneX expressing confidence in the company’s strategic position despite uneven demand. Piper Sandler initiated coverage on Qualcomm with a Neutral rating, noting the company’s recent design wins with hyperscale customers in AI growth areas. These developments reflect Qualcomm’s expanding presence in the data center and AI markets.