QUALCOMM Incorporated $QCOM Stock Holdings Raised by Columbus Macro LLC

Columbus Macro LLC raised its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 5.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 53,726 shares of the wireless technology company’s stock after purchasing an additional 3,006 shares during the period. QUALCOMM accounts for approximately 1.1% of Columbus Macro LLC’s holdings, making the stock its 28th biggest holding. Columbus Macro LLC’s holdings in QUALCOMM were worth $8,556,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of QCOM. Maryland State Retirement & Pension System grew its position in shares of QUALCOMM by 2.3% during the 2nd quarter. Maryland State Retirement & Pension System now owns 53,433 shares of the wireless technology company’s stock valued at $8,510,000 after buying an additional 1,210 shares during the last quarter. Clear Creek Financial Management LLC boosted its stake in QUALCOMM by 2.3% during the 2nd quarter. Clear Creek Financial Management LLC now owns 3,171 shares of the wireless technology company’s stock valued at $505,000 after purchasing an additional 72 shares during the period. Castle Rock Wealth Management LLC boosted its stake in QUALCOMM by 65.0% during the 2nd quarter. Castle Rock Wealth Management LLC now owns 12,159 shares of the wireless technology company’s stock valued at $1,941,000 after purchasing an additional 4,792 shares during the period. Guild Investment Management Inc. lifted its stake in shares of QUALCOMM by 20.7% in the 2nd quarter. Guild Investment Management Inc. now owns 17,264 shares of the wireless technology company’s stock worth $2,750,000 after acquiring an additional 2,960 shares during the period. Finally, WESPAC Advisors LLC lifted its stake in shares of QUALCOMM by 2.9% in the 2nd quarter. WESPAC Advisors LLC now owns 8,089 shares of the wireless technology company’s stock worth $1,288,000 after acquiring an additional 227 shares during the period. Institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In other news, CFO Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $156.86, for a total transaction of $522,814.38. Following the sale, the chief financial officer owned 39,874 shares in the company, valued at $6,254,635.64. The trade was a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the sale, the chief executive officer owned 149,304 shares in the company, valued at $24,718,770.24. This represents a 50.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 159,767 shares of company stock valued at $26,322,745 over the last three months. 0.08% of the stock is owned by insiders.

QUALCOMM Stock Up 1.4%

NASDAQ QCOM opened at $167.77 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The company’s 50 day simple moving average is $159.90 and its 200 day simple moving average is $153.49. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $182.10. The company has a market capitalization of $181.02 billion, a P/E ratio of 16.18, a PEG ratio of 2.41 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.06. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same period in the previous year, the firm earned $2.33 EPS. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Equities research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

QCOM has been the subject of a number of research analyst reports. UBS Group upped their price target on shares of QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Arete Research set a $200.00 price target on shares of QUALCOMM in a research note on Tuesday, August 26th. Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research note on Tuesday, August 26th. Finally, Piper Sandler reduced their price target on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $182.82.

QUALCOMM Company Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.