CEO Cristiano Amon sells $1.85M in QCOM shares, continuing streak of open-market dispositions as stock rallies sharply from lows.
Cristiano Amon, QCOM's President and CEO, sold 10,000 shares for $1.85 million on May 5—his tenth open-market sale in the past three years and his second sale in as many trading days. The timing coincides with a sharp rally: the stock has climbed substantially over the past month and sits well above its 52-week low, though still below its 52-week high. Amon's prior sales at this ticker paint a conflicting picture—over the short term, all five previous exits proved poorly timed as the stock rose after each sale, but over longer horizons one sale eventually worked out well as the stock eventually declined. The company itself remains profitable and growing, with strong quarterly earnings and a substantial market valuation, so the sale is not signaling fundamental distress. What stands out is the behavioral pattern: a C-suite executive engaged in repeated, steady selling into strength without any offsetting open-market purchases in three years. The absence of any buy activity from the CEO—while simultaneously executing multiple sales—warrants investor attention, particularly given the mixed track record of whether these exits captured weakness or preceded further gains.