Beacon Investment Advisory Services Inc. Sells 7,076 Shares of Qualcomm Incorporated $QCOM

Posted by Brenda Bartman on Sep 9th, 2026

Beacon Investment Advisory Services Inc. reduced its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 33.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,786 shares of the wireless technology company’s stock after selling 7,076 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in Qualcomm were worth $2,548,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Your Advocates Ltd. LLP bought a new position in Qualcomm in the first quarter valued at $26,000. Caitong International Asset Management Co. Ltd lifted its position in Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after buying an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new position in shares of Qualcomm during the 4th quarter worth about $31,000. Commonwealth Retirement Investments LLC bought a new position in shares of Qualcomm in the 4th quarter valued at about $32,000. Finally, ABS Investment Management LLC bought a new position in shares of Qualcomm in the 2nd quarter valued at about $34,000. Institutional investors own 74.35% of the company’s stock.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: Amazon deal opens a major AI growth opportunity. Qualcomm and AWS will collaborate on customized silicon for large-scale AI data centers, initially targeting AI inference. Qualcomm will also provide optical connectivity solutions for high-bandwidth data-center interconnects. The agreement gives Qualcomm a marquee cloud customer and exposure to AWS’s expanding AI infrastructure spending. Qualcomm partners with Amazon in data center infrastructure deal
Positive Sentiment: Investors see the partnership as potentially substantial and recurring. The collaboration spans multiple product generations, suggesting a longer-term supply relationship rather than a one-time contract. Reports and market commentary have characterized the opportunity as potentially worth approximately $60 billion, although the actual financial contribution will depend on product adoption and AWS deployment. Qualcomm Announces Multi-Generational Product Collaboration with Amazon
Positive Sentiment: The announcement strengthened Qualcomm’s AI-infrastructure narrative. The news lifted other semiconductor and AI-infrastructure stocks as investors reassessed Qualcomm’s ability to diversify into data centers and participate in the AI-computing buildout. Analysts and commentators described the Amazon relationship as supportive of a higher long-term valuation floor. AI infrastructure stocks rally on deal announcements from Qualcomm, Corning
Neutral Sentiment: Amazon will receive stock warrants worth roughly $4 billion. Qualcomm is reportedly granting Amazon warrants representing about 25 million shares. The arrangement may align the companies’ interests and support the partnership, but it could also create future share dilution if the warrants are exercised. Qualcomm strikes AI chip deal with Amazon

Analyst Ratings Changes

QCOM has been the topic of several analyst reports. The Goldman Sachs Group set a $160.00 target price on Qualcomm in a report on Thursday, July 30th. Monness Crespi & Hardt raised Qualcomm to a “buy” rating in a research report on Thursday, June 25th. HSBC reissued a “hold” rating on shares of Qualcomm in a report on Wednesday, July 15th. Craig Hallum cut shares of Qualcomm from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, Bank of America upped their price target on shares of Qualcomm from $165.00 to $195.00 and gave the stock an “underperform” rating in a research report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $203.76.

Get Our Latest Research Report on QCOM

Insider Buying and Selling

In related news, EVP Akash Palkhiwala sold 2,500 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total value of $408,150.00. Following 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather Ace sold 3,200 shares of the stock in a transaction dated 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 in the company, valued at approximately $5,372,106.40. This represents a 8.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 11,533 shares of company stock valued at $1,961,219. Company insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

Shares of NASDAQ QCOM opened at $174.09 on Wednesday. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $259.92. The stock has a 50 day moving average of $168.43 and a 200-day moving average of $170.26. The company has a market capitalization of $182.83 billion, a P/E ratio of 20.15, a P/E/G ratio of 3.52 and a beta of 1.68.

Qualcomm (NASDAQ:QCOM – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business had revenue of $9.95 billion during the quarter, compared to the consensus estimate of $9.69 billion. During the same quarter last year, the company posted $2.77 EPS. The firm’s revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, equities research analysts predict that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is currently 42.59%.

About Qualcomm

(Free Report)

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.