Ameliora Wealth Management Ltd. Sells 300 Shares of QUALCOMM Incorporated $QCOM

Ameliora Wealth Management Ltd. lessened its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 26.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 850 shares of the wireless technology company’s stock after selling 300 shares during the period. Ameliora Wealth Management Ltd.’s holdings in QUALCOMM were worth $135,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of QCOM. Brighton Jones LLC increased its position in QUALCOMM by 116.6% in the fourth 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 last quarter. Revolve Wealth Partners LLC increased its position in QUALCOMM by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after purchasing an additional 340 shares during the last quarter. Sivia Capital Partners LLC increased its position in 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 purchasing an additional 809 shares during the last quarter. Wedmont Private Capital increased its position in QUALCOMM by 6.5% in the first quarter. Wedmont Private Capital now owns 12,594 shares of the wireless technology company’s stock worth $1,935,000 after purchasing an additional 767 shares during the last quarter. Finally, Park Avenue Securities LLC increased its position in QUALCOMM by 4.6% in the first quarter. Park Avenue Securities LLC now owns 29,372 shares of the wireless technology company’s stock worth $4,512,000 after purchasing an additional 1,281 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

Insider Activity

In related news, CEO Cristiano R. Amon sold 150,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total value of $24,834,000.00. Following the completion of the sale, the chief executive officer directly owned 149,304 shares of the company’s stock, valued at $24,718,770.24. This represents a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Neil Martin sold 791 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $154.82, for a total transaction of $122,462.62. Following the completion of the sale, the chief accounting officer directly owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. This trade represents a 41.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 159,767 shares of company stock valued at $26,322,745. Insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Arete Research set a $200.00 price target on shares of QUALCOMM in a research report on Tuesday, August 26th. Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Mizuho dropped their price objective on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. Bank of America dropped their price objective on shares of QUALCOMM from $245.00 to $200.00 and set a “buy” rating for the company in a research note on Tuesday, June 17th. Finally, Sanford C. Bernstein set a $185.00 price objective on shares of QUALCOMM and gave the stock an “outperform” rating in a research note on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, QUALCOMM presently has a consensus rating of “Moderate Buy” and an average target price of $182.82.

QUALCOMM Stock Down 0.3%

Shares of QCOM opened at $168.62 on Tuesday. The firm has a market capitalization of $181.94 billion, a P/E ratio of 16.26, a P/E/G ratio of 2.47 and a beta of 1.23. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The firm has a fifty day moving average price of $159.66 and a 200-day moving average price of $153.30.

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

About QUALCOMM

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.