Metis Global Partners LLC Reduces Position in Qualcomm Incorporated $QCOM

Posted by Brenda Bartman on Jun 11th, 2026

Metis Global Partners LLC decreased its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,642 shares of the wireless technology company’s stock after selling 3,125 shares during the quarter. Metis Global Partners LLC’s holdings in Qualcomm were worth $6,781,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Paragon Private Wealth Management LLC grew its holdings in shares of Qualcomm by 42.1% in the fourth quarter. Paragon Private Wealth Management LLC now owns 6,255 shares of the wireless technology company’s stock valued at $1,070,000 after purchasing an additional 1,852 shares during the period. Portfolio Design Labs LLC grew its holdings in shares of Qualcomm by 5.9% in the fourth quarter. Portfolio Design Labs LLC now owns 11,344 shares of the wireless technology company’s stock valued at $1,940,000 after purchasing an additional 629 shares during the period. Stonebrook Private Inc. purchased a new stake in shares of Qualcomm in the fourth quarter valued at about $212,000. North Dallas Bank & Trust Co. purchased a new stake in shares of Qualcomm in the fourth quarter valued at about $330,000. Finally, Alteri Wealth LLC grew its holdings in shares of Qualcomm by 2.3% in the fourth quarter. Alteri Wealth LLC now owns 7,037 shares of the wireless technology company’s stock valued at $1,204,000 after purchasing an additional 159 shares during the period. Hedge funds and other 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: Nvidia CEO Jensen Huang publicly endorsed Qualcomm, saying investors should “buy their stock,” which helped spark after-hours buying and lifted sentiment around QCOM’s AI and mobile-chip strategy. Qualcomm shares rise 2% after Nvidia CEO endorses the stock
Positive Sentiment: Qualcomm continues to expand beyond smartphones, including a new AI-powered enterprise conference platform with Primax and collaboration with SLB on edge AI solutions, reinforcing its push into higher-growth non-mobile markets. Qualcomm’s Edge AI Push Into Enterprise Meeting Rooms Faces Valuation Hurdles
Neutral Sentiment: Broker coverage remains lukewarm, with Qualcomm receiving an average “Hold” rating, suggesting Wall Street sees limited near-term upside despite its strategic initiatives.
Negative Sentiment: The stock is being hit by a broader semiconductor selloff, with reports pointing to sector-wide correction and profit-taking after a multi-month AI rally. Qualcomm Slips, Shorter-Term Momentum Cools From Roller Coaster AI Highs
Negative Sentiment: Semiconductor peers and mobile-chip stocks were also weaker, including Arm and Marvell, reinforcing that the move in QCOM appears driven more by sector weakness than company-specific fundamentals. Qualcomm Drops 6%, Arm Holdings Falls 5% as Mobile-Chip Stocks Slide in the Selloff
Negative Sentiment: Recent headlines also flagged Qualcomm as underperforming competitors, suggesting investors are favoring other chip names in the current market rotation. Qualcomm Inc. stock underperforms Tuesday when compared to competitors

Qualcomm Trading Down 6.9%

Shares of QCOM stock opened at $191.20 on Thursday. 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 firm has a market cap of $201.52 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 25.41 and a beta of 1.59. The company has a 50-day moving average of $181.26 and a two-hundred day moving average of $164.25. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92.

Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.09. The company had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. Qualcomm’s revenue was down 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, analysts predict that Qualcomm Incorporated will post 8 EPS for the current year.

Qualcomm declared that its board has approved a stock buyback plan on Tuesday, March 17th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Qualcomm Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be paid a $0.92 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a dividend yield of 1.9%. Qualcomm’s payout ratio is 40.00%.

Insider Buying and Selling at Qualcomm

In other news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $130.34, for a total value of $325,850.00. Following the completion of the transaction, the executive vice president owned 30,684 shares of the company’s stock, valued at approximately $3,999,352.56. This trade represents a 7.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were 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 directly owned 39,735 shares of the company’s stock, valued at approximately $7,065,677.70. The trade was a 7.45% decrease in their position. 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 sold 19,306 shares of company stock worth $3,435,583. 0.05% of the stock is owned by company insiders.

Analysts Set New Price Targets

QCOM has been the subject of a number of analyst reports. DZ Bank lowered shares of Qualcomm from a “buy” rating to a “hold” rating and set a $195.00 price objective for the company. in a report on Friday, May 8th. Evercore set a $179.00 price objective on shares of Qualcomm in a report on Thursday, April 30th. Cantor Fitzgerald upped their price objective on shares of Qualcomm from $135.00 to $150.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. HSBC began coverage on shares of Qualcomm in a report on Friday, May 8th. They issued a “buy” rating for the company. Finally, Summit Insights raised shares of Qualcomm from a “hold” rating to a “buy” rating in a research note on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Qualcomm presently has a consensus rating of “Hold” and an average target price of $181.79.

Get Our Latest Stock Analysis on Qualcomm

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.