Procyon Advisors LLC Boosts Stock Holdings in Qualcomm Incorporated $QCOM

Posted by Stanley Muller on Jul 13th, 2026

Procyon Advisors LLC grew its holdings in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 37.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 42,168 shares of the wireless technology company’s stock after buying an additional 11,564 shares during the quarter. Procyon Advisors LLC’s holdings in Qualcomm were worth $5,430,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. World Investment Advisors lifted its holdings in Qualcomm by 14.3% during the 4th quarter. World Investment Advisors now owns 64,911 shares of the wireless technology company’s stock worth $11,103,000 after purchasing an additional 8,130 shares in the last quarter. MUFG Securities EMEA plc grew its holdings in Qualcomm by 112.2% during the 4th quarter. MUFG Securities EMEA plc now owns 43,986 shares of the wireless technology company’s stock valued at $7,524,000 after buying an additional 23,262 shares in the last quarter. Swedbank AB grew its holdings in Qualcomm by 1.5% during the 4th quarter. Swedbank AB now owns 1,533,420 shares of the wireless technology company’s stock valued at $262,291,000 after buying an additional 23,110 shares in the last quarter. NBC Securities Inc. increased its position in shares of Qualcomm by 47.5% during the fourth quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company’s stock valued at $3,197,000 after buying an additional 6,018 shares during the period. Finally, Sequoia Financial Advisors LLC increased its position in shares of Qualcomm by 5.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 143,690 shares of the wireless technology company’s stock valued at $24,578,000 after buying an additional 7,804 shares during the period. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on QCOM shares. Seaport Research Partners reissued a “sell” rating and issued a $100.00 price target on shares of Qualcomm in a report on Monday, March 16th. DZ Bank raised shares of Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 price objective for the company in a research note on Friday, June 26th. Rosenblatt Securities upped their target price on shares of Qualcomm from $190.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Roth Capital initiated coverage on shares of Qualcomm in a research note on Friday, May 8th. They issued a “buy” rating on the stock. Finally, Dbs Bank raised shares of Qualcomm to a “moderate buy” rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twenty have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Qualcomm currently has a consensus rating of “Hold” and a consensus price target of $220.45.

Read Our Latest Stock Analysis on Qualcomm

Insider Buying and Selling at Qualcomm

In other news, CEO Cristiano R. Amon sold 10,000 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $180.00, for a total value of $1,800,000.00. Following the completion of the sale, the chief executive officer owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. This represents a 4.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. 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 quarter, insiders have sold 19,221 shares of company stock valued at $3,592,440. Insiders own 0.05% of the company’s stock.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: Multiple recent pieces argue Qualcomm has more upside, including bullish price-target work and comparisons with other semiconductor names, with investors focused on its AI, data-center, and server growth potential. The Road To $380 For Qualcomm Stock
Positive Sentiment: Analysts and market commentators highlighted Qualcomm’s expanding AI-focused portfolio and ongoing opportunities in emerging AI markets, which can reinforce the stock’s long-term growth narrative. Monolithic vs. Qualcomm: Which Semiconductor Stock Has More Upside?
Positive Sentiment: Qualcomm’s automotive business continues to stand out, with record revenue and strong Snapdragon Digital Chassis adoption helping support the idea that growth is broadening beyond smartphones. Will Qualcomm’s Automotive Business Continue Driving Top-Line Growth?
Positive Sentiment: Recent analyst upgrades, including DBS Bank’s move to “moderate buy,” and other bullish notes suggest Wall Street sentiment is improving. Monolithic vs. Qualcomm: Which Semiconductor Stock Has More Upside?
Neutral Sentiment: One report said Qualcomm was the recipient of a large increase in short interest, but the figures shown were zero shares, so the data appears inconclusive and is unlikely to be a major driver. Short Interest Update
Negative Sentiment: Qualcomm’s late-June removal from several Russell growth and defensive indices may still pressure the stock through passive index-related selling, even as fundamentals and AI-related headlines improve sentiment. How Investors Are Reacting To QUALCOMM (QCOM) Index Removal And New On-Device AI Deepfake Partnership

Qualcomm Stock Performance

NASDAQ:QCOM opened at $189.16 on Monday. The business has a 50 day moving average of $209.59 and a 200 day moving average of $168.32. The company has a market capitalization of $199.37 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 5.63 and a beta of 1.63. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61.

Qualcomm (NASDAQ:QCOM – Get Free Report) last issued its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. During the same quarter in the prior year, the firm earned $2.85 earnings per share. Qualcomm’s revenue for the quarter was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts predict that Qualcomm Incorporated will post 7.96 earnings per share for the current fiscal year.

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

Qualcomm Company Profile

(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.