Westhampton Capital LLC Sells 4,160 Shares of Qualcomm Incorporated $QCOM

Posted by Francis Steltz on Aug 14th, 2026

Westhampton Capital LLC cut its holdings in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 32.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 8,833 shares of the wireless technology company’s stock after selling 4,160 shares during the quarter. Westhampton Capital LLC’s holdings in Qualcomm were worth $1,632,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Cache Advisors LLC raised its holdings in Qualcomm by 18.6% during the 2nd quarter. Cache Advisors LLC now owns 23,726 shares of the wireless technology company’s stock worth $4,384,000 after buying an additional 3,726 shares during the period. Sunbeam Capital Management LLC lifted its stake in Qualcomm by 3.7% in the second quarter. Sunbeam Capital Management LLC now owns 1,637 shares of the wireless technology company’s stock valued at $303,000 after buying an additional 58 shares in the last quarter. Elser Financial Planning Inc boosted its holdings in shares of Qualcomm by 6.7% in the second quarter. Elser Financial Planning Inc now owns 1,740 shares of the wireless technology company’s stock valued at $322,000 after buying an additional 109 shares during the period. American Financial Advisors LLC acquired a new position in shares of Qualcomm in the second quarter valued at approximately $229,000. Finally, Encompass More Asset Management bought a new stake in shares of Qualcomm during the second quarter worth $211,000. 74.35% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on QCOM. Argus set a $220.00 price objective on shares of Qualcomm in a report on Friday, May 1st. Citigroup reduced their target price on shares of Qualcomm from $198.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, July 29th. Tigress Financial increased their target price on Qualcomm from $270.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Freedom Capital upgraded Qualcomm from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qualcomm in a research note on Wednesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Qualcomm currently has an average rating of “Hold” and an average target price of $203.63.

Get Our Latest Stock Analysis on Qualcomm

Qualcomm Stock Up 1.1%

QCOM stock opened at $164.79 on Friday. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The business has a 50 day moving average price of $183.72 and a two-hundred day moving average price of $167.74. The company has a market cap of $173.07 billion, a price-to-earnings ratio of 19.07, a P/E/G ratio of 15.00 and a beta of 1.65. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92.

Qualcomm (NASDAQ:QCOM – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The business had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The company’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Analysts anticipate that Qualcomm Incorporated will post 7.76 EPS for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. Qualcomm’s payout ratio is presently 42.59%.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: Renewed investor interest in chip stocks following July’s sell-off is providing a favorable backdrop for Qualcomm and other semiconductor companies. The Bull Market Is Almost Back for Chip Stocks
Positive Sentiment: Analysts and market commentary are highlighting Qualcomm’s neural-processing-unit strategy, which could benefit from increasing demand for on-device AI in smartphones, PCs and other hardware. The opportunity could help diversify the company beyond its slower-growing handset business and support a broader hardware upgrade cycle. Forget the Cloud: Qualcomm’s NPU Play May Trigger a Hardware Supercycle
Positive Sentiment: One market view suggests investors may be underestimating Qualcomm’s potential in automotive, IoT and AI-related markets, offering a bullish counterpoint to the handset slowdown narrative. Prediction: This Chipmaker Could Be a Bigger Winner Than Investors Think
Neutral Sentiment: Semiconductor ETF inflows remain strong, including demand for leveraged funds, which may support sector momentum. Fidelity’s warning that the chip cycle could be nearing a peak highlights the risk that speculative enthusiasm may reverse. Semiconductor Flows Stay Sticky in Leveraged Chip ETFs
Neutral Sentiment: Qualcomm could receive additional near-term attention from a semiconductor-focused CNBC Investing Club discussion, though this is not a fundamental business development. 5 Semiconductor Stocks Jim Cramer Could Be Talking About
Negative Sentiment: Erste Group lowered its FY2026 EPS forecast for Qualcomm to $7.71 from $7.91, signaling reduced expectations for profitability. Another analysis favored Intel over Qualcomm because of stronger projected growth and AI-PC momentum. Intel vs. Qualcomm: Which Chip Stock is the Better Buy Now?
Negative Sentiment: Executive Vice President Akash Palkhiwala sold 2,500 shares worth approximately $408,000. Because the transaction was made under a pre-arranged Rule 10b5-1 plan, it is a limited bearish signal, but it may still weigh modestly on sentiment. Qualcomm EVP Sells 2,500 Shares

Insider Buying and Selling

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the completion of the transaction, the executive vice president directly owned 36,535 shares of the company’s stock, valued at $5,372,106.40. The trade was a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total transaction of $408,150.00. Following the completion of the transaction, the executive vice president owned 20,684 shares in the company, valued at approximately $3,376,869.84. This represents a 10.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 11,529 shares of company stock valued at $1,991,345. 0.05% of the stock is owned by insiders.

About Qualcomm

(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.