Plimoth Trust Co. LLC Has $4.31 Million Stake in Qualcomm Incorporated $QCOM

Posted by George Bondi on Jul 4th, 2026

Plimoth Trust Co. LLC trimmed its stake in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 17.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,488 shares of the wireless technology company’s stock after selling 6,890 shares during the period. Plimoth Trust Co. LLC’s holdings in Qualcomm were worth $4,313,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in QCOM. Richardson Financial Services Inc. lifted its stake in shares of 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 buying an additional 80 shares during the period. Torren Management LLC bought a new position in Qualcomm during the fourth quarter valued at about $29,000. Caitong International Asset Management Co. Ltd raised its holdings in Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after acquiring an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new stake in shares of Qualcomm during the 4th quarter worth approximately $31,000. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of Qualcomm during the fourth quarter valued at approximately $32,000. Institutional investors own 74.35% of the company’s stock.

Qualcomm Price Performance

Qualcomm stock opened at $176.25 on Friday. The business has a 50 day simple moving average of $205.65 and a 200 day simple moving average of $167.95. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The company has a market capitalization of $185.77 billion, a PE ratio of 19.16, a price-to-earnings-growth ratio of 5.24 and a beta of 1.63. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92.

Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion for the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business’s revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts forecast that Qualcomm Incorporated will post 7.96 EPS for the current fiscal year.

Qualcomm declared that its Board of Directors has initiated a stock repurchase plan 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 reacquire up to 14.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $197.35, for a total value of $493,375.00. Following the completion of the transaction, the executive vice president directly owned 25,684 shares of the company’s stock, valued at approximately $5,068,737.40. The trade was a 8.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $177.82, for a total transaction of $569,024.00. Following the completion of the transaction, the executive vice president owned 39,735 shares of the company’s stock, valued at $7,065,677.70. This trade represents a 7.45% decrease in their position. 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 quarter, insiders sold 21,721 shares of company stock valued at $3,918,290. Company insiders own 0.05% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on QCOM. Evercore set a $179.00 target price on Qualcomm in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $160.00 price target on shares of Qualcomm in a research note on Thursday, April 30th. Sanford C. Bernstein boosted their price target on shares of Qualcomm from $140.00 to $235.00 and gave the company a “market perform” rating in a report on Thursday, June 25th. Benchmark increased their price objective on shares of Qualcomm from $225.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Finally, Guggenheim set a $200.00 price objective on shares of Qualcomm in a research note on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $220.45.

Check Out Our Latest Research Report on QCOM

Qualcomm Company Profile

(Free Report)

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.

Plimoth Trust Co. LLC Has $4.31 Million Stake in Qualcomm Incorporated $QCOM

Qualcomm Price Performance

Insiders Place Their Bets

Analysts Set New Price Targets

Qualcomm Company Profile

Further Reading

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