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Charles Schwab Trust Co Invests $706,000 in QUALCOMM Incorporated $QCOM
['Danessa Lincoln']
Markets Daily
Charles Schwab Trust Co acquired a new stake in QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) in the second quarter, HoldingsChannel.com reports.
The fund acquired 4,432 shares of the wireless technology company’s stock, valued at approximately $706,000.
Also, CAO Neil Martin sold 791 shares of the company’s stock in a transaction that occurred on Thursday, August 21st.
The wireless technology company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.71 by $0.06.
It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).