Greenspring Advisors LLC bought a new stake in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,975 shares of the wireless technology company’s stock, valued at approximately $680,000.
Other large investors have also recently bought and sold shares of the company. Richardson Financial Services Inc. increased its stake in Qualcomm by 90.9% in the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 80 shares in the last quarter. Torren Management LLC acquired a new position in shares of Qualcomm in the fourth quarter valued at approximately $29,000. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Qualcomm by 113.5% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock valued at $32,000 after buying an additional 101 shares during the period. Board of the Pension Protection Fund acquired a new position in shares of Qualcomm in the fourth quarter valued at approximately $34,000. Finally, Nvest Wealth Strategies Inc. acquired a new position in shares of Qualcomm in the fourth quarter valued at approximately $36,000. Institutional investors own 74.35% of the company’s stock.
Qualcomm Stock Performance
Shares of QCOM opened at $242.57 on Friday. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $259.92. The firm has a fifty day simple moving average of $174.95 and a 200 day simple moving average of $163.03. The stock has a market capitalization of $255.67 billion, a price-to-earnings ratio of 26.37, a PEG ratio of 30.97 and a beta of 1.59. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54.
Qualcomm announced that its board has initiated a stock buyback program on Tuesday, March 17th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its stock is undervalued.
Qualcomm Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.5%. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Thursday, June 4th. Qualcomm’s payout ratio is currently 38.70%.
Key Stories Impacting Qualcomm
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm is continuing to position itself for growth beyond smartphones, with articles highlighting its push into AI inference, data center, automotive, and edge AI use cases. A new PR release also noted Primax Electronics is using Qualcomm-powered edge AI platforms for next-generation conference solutions, reinforcing traction in enterprise AI applications. Article Title
- Positive Sentiment: Long-term investors are being reminded that Qualcomm has built substantial value over time, with one article pointing to the company’s strong 15-year investment performance and its evolution from a mobile-only chip maker into a broader semiconductor and licensing business. Article Title
- Neutral Sentiment: Coverage from Zacks and Yahoo Finance noted the stock’s recent weakness versus the broader market, but these pieces were largely descriptive “facts to know before you trade” updates rather than new company-specific catalysts. Article Title
- Neutral Sentiment: Valuation commentary suggests Qualcomm remains attractive on some longer-term AI-growth themes, but the stock’s near-term direction is still being driven more by sentiment around competition and margins than by this analysis alone. Article Title
- Negative Sentiment: Nvidia’s new RTX Spark AI PC chip is intensifying competition in Windows PCs, pressuring Qualcomm’s Snapdragon franchise and helping drive investor concern about share loss in a key growth market. Article Title
- Negative Sentiment: A separate Zacks analysis warned that Qualcomm is facing margin pressure and soft smartphone demand, with its core handset business still a major earnings driver and therefore a source of near-term risk. Article Title
Insider Activity
In other Qualcomm news, CEO Cristiano R. Amon sold 10,000 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the sale, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. This represents a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $211.90, for a total transaction of $529,750.00. Following the sale, the executive vice president directly owned 28,184 shares in the company, valued at $5,972,189.60. This trade represents a 8.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 19,306 shares of company stock valued at $3,435,583. 0.05% of the stock is owned by insiders.
Analyst Ratings Changes
Several research analysts have recently weighed in on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $190.00 price target on shares of Qualcomm in a report on Thursday, April 30th. Freedom Capital cut shares of Qualcomm from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. UBS Group cut shares of Qualcomm from a “neutral” rating to an “underperform” rating in a report on Friday, May 8th. Daiwa Securities Group upgraded shares of Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price target for the company in a report on Friday, May 8th. Finally, Summit Insights upgraded shares of Qualcomm from a “hold” rating to a “buy” rating in a report on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Qualcomm has an average rating of “Hold” and a consensus target price of $181.79.
Get Our Latest Analysis on Qualcomm
Qualcomm Profile
Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.
The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.
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