Hot Movers: International Business Machines Corp. (NYSE:IBM), QUALCOMM, (NASDAQ:QCOM), Advanced Micro Devices (NYSE:AMD)

International Business Machines Corp. (NYSE:IBM) SVP John E. Kelly III sold 7,431 shares of International Business Machines Corp. stock on the open market in a transaction dated Friday, May 2nd. The stock was sold at an average price of $192.70, for a total value of $1,431,953.70. International Business Machines Corp.(NYSE:IBM) shares after opening at $191.05 moved to $191.45 on last trade day and at the end of the day closed at $191.45. Company price to sales ratio in past twelve months was calculated as 1.96 and price to cash ratio as 19.95. International Business Machines Corp.(NYSE:IBM) showed a negative weekly performance of -0.97%.

QUALCOMM (NASDAQ:QCOM) Chairman Paul E. Jacobs sold 70,000 shares of QUALCOMM stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $78.71, for a total value of $5,509,700.00. Following the sale, the chairman now directly owns 29,269 shares in the company, valued at approximately $2,303,763. QUALCOMM, Inc. (NASDAQ:QCOM) shares advanced 0.72% in last trading session and ended the day on $79.56. QCOM return on equity ratio is recorded as 18.60% and its return on assets is 14.80%. QUALCOMM, Inc.(NASDAQ:QCOM) yearly performance is 27.32%.

Yelp (NASDAQ:YELP) CEO Jeremy Stoppelman unloaded 13,514 shares of the stock on the open market in a transaction dated Thursday, May 1st. The shares were sold at an average price of $63.13, for a total transaction of $853,138.82. Yelp Inc (NYSE:YELP) shares moved up 0.72% in last trading session and was closed at $60.19 while trading in range of $ 57.10 – 60.65. Yelp Inc (NYSE:YELP) year to date (YTD) performance is -12.70%.

Advanced Micro Devices, Inc. (NYSE:AMD) said on Monday it has acquired an architectural license from ARM, the Cambridge, England-based company. ARM’s low-power technology is widely used in smartphones and tablets and is also behind an upcoming crop of energy-efficient server chips. The new license provides more room for AMD to customize its chip architecture and differentiate its products from others based on ARM technology. The Sunnyvale, California, company is planning this year to launch low-power server chips based on ARM technology to compete in data centres against Intel Corp’s high-end Xeon processors. Those chips will use off-the-shelf technology licensed from ARM in a previous agreement. Advanced Micro Devices, Inc. (NYSE:AMD) weekly performance is 3.28%. On last trading day company shares ended up $4.09. Advanced Micro Devices, Inc. (NYSE:AMD) distance from 50-day simple moving average (SMA50) is 4.44%. Analysts mean target price for the company is $4.12.

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