Qualcomm Rejects $121 Billion Broadcom Deal, Open to Further Talks

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Also, EVP Alexander H. Rogers sold 713 shares of the company's stock in a transaction dated Monday, January 29th. The institutional investor held 78,000 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $4.04 million, down from 88,928 at the end of the previous reported quarter. Woodmont Investment Counsel Llc who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $96.64 billion market cap company. Company insiders own 0.17% of the company's stock. About 15.55M shares traded or 42.80% up from the average.

In a statement, Tan said Qualcomm shareholders support the proposed purchase price of $82 per share. It has underperformed by 7.39% the S&P500.

Toron Capital Markets Inc decreased Transcanada Corp (TRP) stake by 3.07% reported in 2017Q3 SEC filing. The company provided EPS guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.86. This represents a $2.28 annualized dividend and a dividend yield of 3.49%. Bnp Paribas Arbitrage Sa holds 1.50M shares or 0.19% of its portfolio.

Country Trust Bank increased Ishares Russell Midcap Index (IWR) stake by 2,024 shares to 291,301 valued at $57.43 million in 2017Q3. GROB MATTHEW S sold 43,000 shares worth $2.81M. The rating was maintained by Robert W. Baird with "Buy" on Tuesday, October 3.

Investors sentiment increased to 1.06 in 2017 Q3. The stock is now moving below its 20-Day Simple Moving Average of -1.69% with a 50-Day Simple Moving Average of -0.62 percent. 89 funds opened positions while 397 raised stakes. 131.73 million shares or 0.13% more from 131.56 million shares in 2017Q2 were reported. Mitsubishi Ufj Tru And Corporation has 3.10M shares for 0.3% of their portfolio. Boston Family Office Ltd Llc has invested 0.17% in QUALCOMM Incorporated (NASDAQ:QCOM). (NASDAQ:AMAT). 91,827 are held by Holderness Invs Com. Nbt Bancshares N A NY holds 0.54% or 65,226 shares in its portfolio. (NASDAQ:SNPS). Gateway Advisers Limited Liability Co stated it has 10,269 shares or 0.01% of all its holdings. (NASDAQ:SNPS). Ifrah Svcs Inc holds 0.16% or 5,214 shares. Amg Natl Bank & Trust has invested 0.26% in QUALCOMM Incorporated (NASDAQ:QCOM). (NASDAQ:SNPS) for 338 shares. Guardian Life Insur Of America has 0% invested in Synopsys, Inc. Australia-based Amp has invested 0.22% in QUALCOMM Incorporated (NASDAQ:QCOM). Stonebridge Capital Mngmt Inc holds 0.42% or 21,638 shares in its portfolio. (NASDAQ:AMAT). Old Mutual Global Investors (Uk) Ltd reported 4.39M shares stake. It dropped, as 131 investors sold EFX shares while 158 reduced holdings. United Asset Strategies Inc. acquired a new position in shares of QUALCOMM in the 2nd quarter valued at approximately $5,249,000.

Among 36 analysts covering Qualcomm Inc. 0 analysts gave its stock an Outperform rating. Therefore 100% are positive. Equifax Inc had 58 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has "Buy" rating by Pacific Crest on Tuesday, August 25. Macquarie Research upgraded the stock to "Outperform" rating in Wednesday, December 2 report. The stock of Equifax Inc. The rating was maintained by Raymond James on Thursday, July 20 with "Hold". The company has a consensus rating of Hold and a consensus target price of $68.25. The firm earned "Hold" rating on Friday, September 29 by RBC Capital Markets. The company was maintained on Friday, February 10 by Barclays Capital. Finally, ValuEngine downgraded shares of QUALCOMM from a buy rating to a hold rating in a research note on Tuesday, January 16th. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since February 16, 2017 and is uptrending. Jasper Ridge Ptnrs Lp has invested 0.01% in QUALCOMM Incorporated (NASDAQ:QCOM). The stock has "Hold" rating by Bernstein on Monday, November 13.

Broadcom hopes to persuade Qualcomm shareholders to accept its offer via a proxy battle at the company's March 6 annual meeting. JP Morgan has "Neutral" rating and $70 target.

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