J.Safra Asset Management Corp Purchases New Stake in Qualcomm Incorporated $QCOM

Posted by Stanley Muller on Aug 20th, 2026

J.Safra Asset Management Corp purchased a new stake in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) in the second quarter, Holdings Channel reports. The firm purchased 5,421 shares of the wireless technology company’s stock, valued at approximately $1,002,000.

Other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Qualcomm during the fourth quarter valued at about $2,591,056,000. Bank of New York Mellon Corp acquired a new stake in shares of Qualcomm in the 2nd quarter worth about $1,523,930,000. Wellington Management Group LLP lifted its position in Qualcomm by 34.5% in the 4th quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock valued at $2,861,301,000 after acquiring an additional 4,290,622 shares in the last quarter. Geode Capital Management LLC boosted its stake in Qualcomm by 12.5% during the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock valued at $4,931,968,000 after purchasing an additional 3,221,924 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Qualcomm by 28.1% during the 4th quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company’s stock valued at $2,163,030,000 after purchasing an additional 2,771,490 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Activity

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the transaction, the executive vice president directly owned 36,535 shares in the company, valued at $5,372,106.40. The trade was a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total transaction of $408,150.00. Following the transaction, the executive vice president directly owned 20,684 shares of the company’s stock, valued at $3,376,869.84. This represents a 10.78% decrease in their ownership of the stock. 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 ninety days, insiders sold 10,700 shares of company stock worth $1,824,078. Insiders own 0.05% of the company’s stock.

Qualcomm Stock Up 1.1%

QCOM stock opened at $161.91 on Thursday. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92. The stock has a market cap of $170.04 billion, a P/E ratio of 18.74, a P/E/G ratio of 14.79 and a beta of 1.65. The stock’s fifty day simple moving average is $180.12 and its two-hundred day simple moving average is $168.00. 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 (NASDAQ:QCOM – Get Free Report) last released its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The business 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 company’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.77 earnings per share. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be given a $0.92 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a yield of 2.3%. Qualcomm’s payout ratio is currently 42.59%.

Wall Street Analyst Weigh In

Several analysts have recently commented on QCOM shares. Freedom Capital raised Qualcomm from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. UBS Group dropped their price objective on Qualcomm from $190.00 to $170.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Citigroup cut their price objective on shares of Qualcomm from $198.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. Bank of America upped their target price on shares of Qualcomm from $165.00 to $195.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 23rd. Finally, Roth Capital initiated coverage on shares of Qualcomm in a research report on Friday, May 8th. They set a “buy” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Qualcomm currently has an average rating of “Hold” and a consensus target price of $203.63.

Get Our Latest Research Report on Qualcomm

Qualcomm 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.