Quantitative Investment Management LLC trimmed its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 86.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,579 shares of the wireless technology company’s stock after selling 69,221 shares during the quarter. Quantitative Investment Management LLC’s holdings in Qualcomm were worth $1,954,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC grew its holdings in Qualcomm by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after purchasing an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake 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 worth $391,000 after buying an additional 340 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Qualcomm by 44.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock worth $530,000 after buying an additional 1,020 shares during the period. Main Street Financial Solutions LLC boosted its holdings in shares of Qualcomm by 6.1% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock worth $920,000 after buying an additional 333 shares during the period. Finally, Transamerica Financial Advisors LLC grew its stake in Qualcomm by 9.7% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock valued at $1,083,000 after buying an additional 603 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Qualcomm
In other Qualcomm news, CAO Patricia Y. Grech sold 625 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $162.85, for a total value of $101,781.25. Following the completion of the transaction, the chief accounting officer owned 208 shares of the company’s stock, valued at $33,872.80. This represents a 75.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, July 14th. The stock was sold at an average price of $180.81, for a total value of $452,025.00. Following the completion of the sale, the executive vice president owned 23,184 shares of the company’s stock, valued at $4,191,899.04. This represents a 9.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,533 shares of company stock valued at $1,961,219 in the last quarter. Corporate insiders own 0.05% of the company’s stock.
Qualcomm Price Performance
Qualcomm (NASDAQ:QCOM – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.02). The company 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 business’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current year.
Qualcomm Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s payout ratio is currently 42.59%.
Key Stories Impacting Qualcomm
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm shares recently outperformed a weaker broader market as analysts focused on its data-center opportunity and potential AI-related growth ahead of the next earnings report. Investors are weighing this opportunity against margin pressure and fiscal 2027 earnings risks. Qualcomm Outperforms Broader Market Slump: Analysts Eye Data Center Growth Ahead of Q4
- Positive Sentiment: The appointment of former Motorola Devices president Sergio Buniac to lead Mobile, Compute and Personal AI could strengthen Qualcomm’s strategy across smartphones, PCs, wearables, extended reality and AI-enabled devices. His mandate also highlights the company’s effort to diversify beyond mobile chips. How Investors May Respond To QCOM Naming Sergio Buniac To Lead Mobile, Compute And Personal AI
- Positive Sentiment: Qualcomm’s recent rally—approximately 15% over one month—has revived the turnaround narrative and may attract momentum-oriented investors, though valuation and profit-taking are potential considerations. Qualcomm Just Gained 15% in a Month: Take Profits, or Buy More?
- Neutral Sentiment: CAO Patricia Grech sold 208 shares for $35,360 under a pre-arranged Rule 10b5-1 plan. The small, scheduled transaction provides limited insight into management’s current outlook. Qualcomm CAO Sells $35,360.00 in Stock
- Negative Sentiment: Nvidia’s $3.5 billion investment in rival MediaTek, combined with collaboration on AI chips, PCs and automotive products, could intensify competition in markets Qualcomm is targeting for diversification. Qualcomm Rival MediaTek Jumps After Nvidia AI Chip Deal
- Negative Sentiment: Erste Group Bank reduced its earnings estimates for Qualcomm, adding to concerns about slowing smartphone demand, higher costs, reduced iPhone modem share and execution risk as the company expands into data-center and AI markets. Erste Group Bank Reduces Earnings Estimates for Qualcomm
Wall Street Analyst Weigh In
QCOM has been the topic of several recent analyst reports. Raymond James Financial began coverage on shares of Qualcomm in a report on Thursday, June 25th. They issued a “strong-buy” rating on the stock. TD Cowen lowered their price target on Qualcomm from $225.00 to $175.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Lake Street Capital lowered Qualcomm to a “hold” rating in a research note on Thursday, June 25th. Daiwa Securities Group raised Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price objective for the company in a research report on Friday, May 8th. Finally, Evercore set a $159.00 price objective on Qualcomm in a research report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $203.76.
Read Our Latest Stock Analysis on Qualcomm
About Qualcomm
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.
Featured Articles
- Five stocks we like better than Qualcomm
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Want to see what other hedge funds are holding QCOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualcomm Incorporated (NASDAQ:QCOM – Free Report).
Receive News & Ratings for Qualcomm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualcomm and related companies with MarketBeat.com's FREE daily email newsletter.
