Wealthcare Advisory Partners LLC Has $3.41 Million Stock Position in QUALCOMM Incorporated $QCOM

Wealthcare Advisory Partners LLC boosted its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 12.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,378 shares of the wireless technology company’s stock after buying an additional 2,372 shares during the period. Wealthcare Advisory Partners LLC’s holdings in QUALCOMM were worth $3,405,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in QUALCOMM by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after purchasing an additional 9,343 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of QUALCOMM by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after purchasing an additional 340 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of QUALCOMM by 54.1% in the first quarter. Sivia Capital Partners LLC now owns 2,305 shares of the wireless technology company’s stock worth $354,000 after buying an additional 809 shares during the period. Orrstown Financial Services Inc. grew its holdings in shares of QUALCOMM by 26.5% during the first quarter. Orrstown Financial Services Inc. now owns 3,524 shares of the wireless technology company’s stock valued at $541,000 after buying an additional 738 shares in the last quarter. Finally, Regent Peak Wealth Advisors LLC raised its position in QUALCOMM by 5.0% during the first quarter. Regent Peak Wealth Advisors LLC now owns 2,161 shares of the wireless technology company’s stock valued at $332,000 after buying an additional 103 shares during the period. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Heather S. Ace sold 1,600 shares of the firm’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $146.40, for a total value of $234,240.00. Following the completion of the transaction, the insider directly owned 21,193 shares of the company’s stock, valued at $3,102,655.20. This trade represents a 7.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $156.86, for a total transaction of $522,814.38. Following the completion of the sale, the chief financial officer directly owned 39,874 shares in the company, valued at $6,254,635.64. This trade represents a 7.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 159,767 shares of company stock valued at $26,322,745 in the last ninety days. 0.08% of the stock is currently owned by insiders.

QUALCOMM Stock Up 0.2%

NASDAQ QCOM opened at $169.18 on Monday. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $182.10. The stock has a market cap of $182.55 billion, a PE ratio of 16.31, a PEG ratio of 2.47 and a beta of 1.23. The firm has a 50-day simple moving average of $159.51 and a 200 day simple moving average of $153.22. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.06. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same period in the previous year, the company posted $2.33 earnings per share. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on QCOM shares. UBS Group raised their price objective on QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of QUALCOMM in a report on Saturday, September 27th. JPMorgan Chase & Co. boosted their price target on QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. Finally, Arete Research set a $200.00 target price on shares of QUALCOMM in a research report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $182.82.

QUALCOMM Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.