49,512 Shares in Qualcomm Incorporated $QCOM Acquired by Robinhood Asset Management LLC

Posted by Brenda Bartman on Aug 23rd, 2026

Robinhood Asset Management LLC bought a new position in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 49,512 shares of the wireless technology company’s stock, valued at approximately $9,149,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in QCOM. Your Advocates Ltd. LLP bought a new stake in shares of Qualcomm in the 1st quarter worth $26,000. Torren Management LLC bought a new position in Qualcomm during the fourth quarter valued at about $29,000. Caitong International Asset Management Co. Ltd boosted its stake in Qualcomm by 17,000.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new position in Qualcomm during the fourth quarter worth about $31,000. Finally, Commonwealth Retirement Investments LLC bought a new stake in Qualcomm in the fourth quarter worth about $32,000. 74.35% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the sale, the executive vice president owned 36,535 shares in the company, valued at $5,372,106.40. This represents a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 625 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $162.85, for a total value of $101,781.25. Following the completion of the sale, the chief accounting officer directly owned 208 shares of the company’s stock, valued at approximately $33,872.80. This trade represents a 75.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 11,325 shares of company stock valued at $1,925,859. Company insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Sanford C. Bernstein set a $165.00 price objective on shares of Qualcomm in a research report on Thursday, July 30th. Cantor Fitzgerald dropped their target price on shares of Qualcomm from $200.00 to $165.00 and set a “neutral” rating on the stock in a report on Monday, July 27th. Raymond James Financial assumed coverage on shares of Qualcomm in a research note on Thursday, June 25th. They set a “strong-buy” rating for the company. Susquehanna reduced their target price on shares of Qualcomm from $190.00 to $160.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. Finally, Dbs Bank raised Qualcomm to a “moderate buy” rating in a report on Tuesday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Qualcomm has a consensus rating of “Hold” and a consensus price target of $203.63.

Check Out Our Latest Stock Report on Qualcomm

Qualcomm Trading Up 0.0%

Shares of QCOM opened at $160.75 on Friday. The business’s 50-day moving average price is $178.26 and its 200 day moving average price is $168.01. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $168.82 billion, a P/E ratio of 18.61, a P/E/G ratio of 14.84 and a beta of 1.65. 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 posted its quarterly earnings data 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). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $9.69 billion. During the same period in the prior year, the company posted $2.77 earnings per share. Qualcomm’s quarterly revenue was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Analysts expect that Qualcomm Incorporated will post 7.74 earnings per share for the current year.

Qualcomm Announces Dividend

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

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.