Shares of QUALCOMM Incorporated (NASDAQ:QCOM) Sees Large Inflow of Net Money Flow

Shares of QUALCOMM Incorporated (NASDAQ:QCOM) saw an erosion of -0.07 points in recent session. During the trading, the value of each share was $53.36, dropping -0.12%. The shares saw high fund-flow as the composite value of all the upticks was $121.01 million and the total value of all the downticks was a mere $29.29 million. The net money flow was seen at $91.72 million and the up/down ratio was measured at 4.13. On a weekly basis the shares of the shares have recorded a change of -0.88%.The block trade which occurred today had $91.28 million in upticks and $0.55 million in downticks with the up/down ratio climbing to 166.44. $90.73 million was the net money flow of the block transaction.

QUALCOMM Incorporated has dropped 0.52% in the last five trading days, however, the shares have posted positive gains of 2.41% in the last 4 weeks. QUALCOMM Incorporated is up 4.8% in the last 3-month period. Year-to-Date the stock performance stands at 9.16%.

Currently the company Insiders own 0.24% of QUALCOMM Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -85.12% . Institutional Investors own 79.22% of QUALCOMM Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -85.12%. . On the companys insider trading activities,The officer (EVP, Qualcomm Technologies Inc) of Qualcomm Inc/De, Grob Matthew S sold 10,000 shares at $55.25 on May 24, 2016. The Insider selling transaction had a total value worth of $552,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

QUALCOMM Incorporated (NASDAQ:QCOM) rose 0.24% or 0.13 points on Friday and made its way into the gainers of the day. After trading began at $53.73 the stock was seen hitting $53.82 as a peak level and $53.104 as the lowest level. The stock ended up at $53.55. The daily volume was measured at 14,548,762 shares. The 52-week high of the share price is $67.665 and the 52-week low is $42.24. The company has a market cap of $78,660 million.

Qualcomm Incorporated (Qualcomm) is engaged in providing third-generation (3G), fourth-generation (4G) and next-generation wireless technologies. The Companys products include 2net, AllPlay, Brew, Gobi, Halo, HealthyCircles, Hy-Fi, IPQ, IZat, Pixtronix, Powerline, QChat, QLearn, Small Cells, Snapdragon, Vive, RaptorQ, Vuforia and WiPower. AllPlay helps manufacturers create devices and services. It also helps developers create Android and iPhone operating system (iOS) music streaming applications. The Companys Brew platform enables feature phone applications, such as gaming, messaging, Web browsing and social networking. Qualcomm Gobi modems connect users devices to 3G, 4G, and 4G long-term evolution (LTE) networks. Qualcomm Halo technology eliminates the need for plug-in cords for recharging in electric and hybrid vehicles. Qualcomm Powerline solutions turn electrical outlets into broadband connection points, creating networks by plugging in.

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