The Thesis Is Still Intact: Union Pacific Corporation (UNP), QUALCOMM Incorporated (QCOM)

KNIGHT ROBERT M JR, EVP & CHIEF FINANCIAL OFFICER, sold 20,000 shares of the Union Pacific Corporation (NYSE:UNP) in an exchange that happened on September 24th. The stock was sold at an average price of $163.81 per share, amounting to a transaction worth $3,276,104. The sale was made public in a document filed with the SEC. Additionally, EVP & CHIEF STRATEGY OFFICER Tennison Lynden L sold 8,450 shares of this stock in a transaction that took place on August 28th. The stock was sold at an average price of $151.72 per share, for a total exchange amounting to $1,282,059. After the transaction, the EVP & CHIEF STRATEGY OFFICER Tennison Lynden L currently holds 53,978 shares of the company’s stock, which is worth approximately $8955490.

With this stock price’s latest movement, it is now -3.79% away from its 1-year high and 31.29% higher than its 1-year low price. In the past seven days, the stock price volatility for Union Pacific Corporation was 1.52%, whereas its volatility in the past 30 days has been 1.41%. This public company’s stock also has a beta score of 1.10. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Union Pacific Corporation (NYSE:UNP) most recently published its quarterly earnings results. The firm posted $2.12 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $2.06 by $0.06. The publicly-traded organization reported revenue of $5,757.00 million for the quarter, compared to the average analyst forecast calling for $5,740.23 million, which was surpassing the analyst consensus estimate.

Shares of Union Pacific Corporation (UNP) plunged -0.52%, amounting to a loss of -$0.87 per share, to finish the regular trading session at $165.91 on Wednesday 03/06/2019. After beginning the session at $166.91, shares of Union Pacific Corporation reached as high as $167.21 during the day, while hitting a 1-day low of $165.48. Trade volume reached 2,994,587 shares against this stock’s average daily volume of 4.40M shares, with a total float of 720.38M. As a consequence of the price decrease, Union Pacific Corporation now has a current market value of 120.91B.

QUALCOMM Incorporated (NASDAQ:QCOM) added 1.59% to its trading price by the close of the most recent session, jumping from its previous closing price of $53.94 to $54.80. This stock increased in value by 3.32% during the last 7-day period, and experienced a gain of 10.28% over the past 30-day period. In the past three months, this stock’s price lost by -5.94% , and subtracted -20.24% to its price during the last six months of trading. QCOM demonstrated a yearly price loss of -14.39% , while its year-to-date (YTD) price performance has been down -3.71% . This stock’s price changed by +11.61% compared to its 90-day low, and moved down -7.12% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the QCOM stock as “Buy”. In the short-term, QUALCOMM Incorporated (QCOM) has a 20-day average volume of 12,882,870 shares and short-term indicators sets the QCOM stock as “ 40% Buy ” on average basis. In the medium-term, QCOM stock has a 50-Day average volume of 15,668,938 shares and medium-term indicators gave the average rating of “ 25% Buy ”, while in the long-term period the stock has a 100-Day average volume of 16,489,010 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the QCOM stock as “16% Buy ” on average basis.

Recently, multiple brokerages have sent out reports on QCOM. UBS, for example, Reiterated its rating on shares of QUALCOMM Incorporated to a “Neutral”, while setting a $55 price target on shares of the company’s stock, according to a research note from Thursday January 31st, 2019. Susquehanna Reiterated their target price for this stock from $75 to $65, while giving the stock a “Positive” rating, as stated in a research report from Thursday, January 31st, 2019. Mizuho, on the other hand, Reiterated a “Buy” rating on this stock, while posting a $62 price target on shares of this company’s stock in a research note dated Thursday, January 31st, 2019.

In other news related to QUALCOMM Incorporated stock, 85.00% shares of QCOM held by institutions. The total number of institutions who held the QCOM shares was 1,860, according to most recent SEC filling. During the past quarter, total 1,028,744,037 shares held by institutions with the net change of -87,635,748 shares. In the meantime, 140 new institutions bought the shares of QUALCOMM Incorporated for the first time and 188 institutions sold all their holdings in the company’s common stock. 683 institutions increased their investment in the QCOM stock and 964 institutions decreased their investment in the QUALCOMM Incorporated (QCOM)’s stock during the last quarter.