GSA Capital Partners LLP significantly reduced its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by selling 12,738 shares, representing an 82.2% cut, leaving them with 2,751 shares valued at $458,000. This divestment comes amidst mixed sentiment for QUALCOMM, with positive analysts noting progress in data-center/AI and automotive initiatives, while insider selling and urgent dividend alerts have caused some caution. Despite insider selling totaling 45,704 shares worth $7.82 million over the last three months, QUALCOMM recently beat quarterly EPS and revenue estimates and declared a quarterly dividend of $0.89.
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GSA Capital Partners LLP Sells 12,738 Shares of QUALCOMM Incorporated $QCOM
GSA Capital Partners LLP significantly reduced its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by selling 12,738 shares, representing an 82.2% cut, leaving them with 2,751 shares valued at $458,000. This divestment comes amidst mixed sentiment for QUALCOMM, with positive analysts noting progress in data-center/AI and automotive initiatives, while insider selling and urgent dividend alerts have caused some caution. Despite insider selling totaling 45,704 shares worth $7.82 million over the last three months, QUALCOMM recently beat quarterly EPS and revenue estimates and declared a quarterly dividend of $0.89.