KLP Kapitalforvaltning AS Purchases 3,400 Shares of QUALCOMM Incorporated $QCOM

KLP Kapitalforvaltning AS lifted its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 0.6% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 619,900 shares of the wireless technology company’s stock after buying an additional 3,400 shares during the period. KLP Kapitalforvaltning AS’s holdings in QUALCOMM were worth $103,127,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of QCOM. Guinness Asset Management LTD increased its position in shares of QUALCOMM by 11.6% in the second quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after buying an additional 5,779 shares in the last quarter. CORDA Investment Management LLC. increased its stake in shares of QUALCOMM by 18.6% in the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock worth $3,579,000 after acquiring an additional 3,524 shares during the last quarter. Westerkirk Capital Inc. acquired a new position in QUALCOMM in the 2nd quarter valued at about $4,539,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in QUALCOMM in the second quarter worth approximately $3,896,000. Finally, Great Lakes Retirement Inc. increased its position in shares of QUALCOMM by 8.0% during the 2nd quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company’s stock worth $3,454,000 after purchasing an additional 1,610 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

More QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Qualcomm rolled out the Dragonwing IQ10 robotics platform and a full robotics product suite at CES — signaling a serious push into humanoid and household robotics that expands the company beyond phones and automotive into “physical AI.” How Qualcomm’s New Dragonwing IQ10 Robotics Platform Has Changed Its Investment Story
• Positive Sentiment: Broad robotics initiative and humanoid ambitions were highlighted across CES coverage — reinforcing investor expectations that Qualcomm can monetize AI at the edge and in robots, a higher-growth TAM than smartphones alone. Qualcomm unveils PC chip, humanoid robotics initiative at CES 2026
• Positive Sentiment: Qualcomm introduced the Snapdragon X2 Plus platform (3 nm Oryon cores) targeting AI PCs — a product push that could drive revenue and higher ASPs outside its phone base if adoption follows. Can Qualcomm’s Snapdragon X2 Plus Platform Drive Future Growth?
• Positive Sentiment: CEO Cristiano Amon publicly framed robotics as a major near-term opportunity and likened Qualcomm’s robotics potential to its prior success in autos — messaging that supports a strategic growth narrative. Qualcomm CEO Sees Robotics as the ‘Next Big Wave of AI’
• Positive Sentiment: Investors are also digesting record FY2025 EPS and a revenue beat, plus Q1 FY2026 EPS guidance that reassures near-term profitability, which supports the rally. Is It Too Late To Consider Buying Qualcomm (QCOM) After Record FY2025 EPS?
• Neutral Sentiment: Insider disclosure: EVP Akash Palkhiwala sold 3,333 shares (small portion of his holdings). Insider sales can be noise and don’t necessarily indicate a change in corporate outlook. QUALCOMM (NASDAQ:QCOM) EVP Akash Palkhiwala Sells 3,333 Shares
• Negative Sentiment: Some analysts warn growth is lagging peers (8.2% stock rise over the past year) and flag margin pressure, China exposure and intense chip competition — risks that could limit upside if execution slips. Qualcomm Witnesses Just 8.2% Growth in Past Year: Reason to Worry?

Wall Street Analysts Forecast Growth

QCOM has been the subject of several recent research reports. Cantor Fitzgerald reiterated a “neutral” rating and issued a $185.00 price objective on shares of QUALCOMM in a research note on Tuesday, December 16th. JPMorgan Chase & Co. boosted their price target on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Susquehanna set a $210.00 price target on QUALCOMM in a report on Thursday, November 6th. Cowen reiterated a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.94.

Insider Transactions at QUALCOMM

In related news, CAO Patricia Y. Grech sold 203 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Alexander H. Rogers sold 15,917 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the sale, the executive vice president owned 26,071 shares in the company, valued at $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 53,155 shares of company stock worth $9,267,593. 0.08% of the stock is currently owned by company insiders.

QUALCOMM Price Performance

NASDAQ QCOM opened at $182.45 on Wednesday. The stock has a market capitalization of $195.40 billion, a P/E ratio of 37.31, a P/E/G ratio of 3.86 and a beta of 1.21. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The business’s fifty day moving average is $173.19 and its two-hundred day moving average is $164.98.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The company had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, research analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

About QUALCOMM

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.