QUALCOMM Incorporated $QCOM Shares Sold by Crews Bank & Trust

Crews Bank & Trust trimmed its position in shares of QUALCOMM Incorporated (NASDAQ:QCOMFree Report) by 3.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,160 shares of the wireless technology company’s stock after selling 455 shares during the period. Crews Bank & Trust’s holdings in QUALCOMM were worth $2,255,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in QCOM. Brighton Jones LLC lifted its stake in QUALCOMM by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after purchasing an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in QUALCOMM by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after purchasing an additional 340 shares in the last quarter. Apella Capital LLC lifted its stake in QUALCOMM by 2.7% during the first quarter. Apella Capital LLC now owns 5,502 shares of the wireless technology company’s stock worth $790,000 after purchasing an additional 145 shares in the last quarter. Financial Management Professionals Inc. lifted its stake in QUALCOMM by 23.5% during the first quarter. Financial Management Professionals Inc. now owns 1,128 shares of the wireless technology company’s stock worth $173,000 after purchasing an additional 215 shares in the last quarter. Finally, Matrix Trust Co lifted its stake in QUALCOMM by 46.3% during the first quarter. Matrix Trust Co now owns 904 shares of the wireless technology company’s stock worth $139,000 after purchasing an additional 286 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

QUALCOMM Stock Performance

Shares of QCOM stock opened at $168.85 on Friday. The stock’s 50-day moving average is $159.29 and its two-hundred day moving average is $153.20. The firm has a market cap of $182.19 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 2.43 and a beta of 1.23. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $182.10. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19.

QUALCOMM (NASDAQ:QCOMGet Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.06. The company had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The business’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the company posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th were issued a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.1%. QUALCOMM’s dividend payout ratio (DPR) is presently 34.33%.

Insider Transactions at QUALCOMM

In other QUALCOMM news, CAO Neil Martin sold 791 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $154.82, for a total transaction of $122,462.62. Following the transaction, the chief accounting officer owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. This trade represents a 41.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total value of $522,814.38. Following the transaction, the chief financial officer directly owned 39,874 shares in the company, valued at approximately $6,254,635.64. The trade was a 7.71% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,767 shares of company stock worth $1,488,745. 0.08% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on QCOM shares. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a research note on Thursday, July 31st. JPMorgan Chase & Co. boosted their price objective on QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Piper Sandler lowered their price objective on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research report on Thursday, July 31st. Arete raised QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a research report on Tuesday, August 26th. Finally, Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the company an “outperform” rating in a report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, QUALCOMM presently has a consensus rating of “Moderate Buy” and an average target price of $182.82.

Check Out Our Latest Stock Analysis on QCOM

QUALCOMM Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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