MGO One Seven LLC Buys 4,333 Shares of QUALCOMM Incorporated $QCOM

MGO One Seven LLC increased its stake in QUALCOMM Incorporated (NASDAQ:QCOMFree Report) by 17.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,037 shares of the wireless technology company’s stock after purchasing an additional 4,333 shares during the quarter. MGO One Seven LLC’s holdings in QUALCOMM were worth $4,831,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Harbor Capital Advisors Inc. boosted its stake in shares of QUALCOMM by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares during the last quarter. Chung Wu Investment Group LLC bought a new position in QUALCOMM in the second quarter valued at about $32,000. Harbor Asset Planning Inc. bought a new position in QUALCOMM in the second quarter valued at about $32,000. Winnow Wealth LLC purchased a new position in QUALCOMM in the second quarter worth about $32,000. Finally, Lavaca Capital LLC bought a new stake in shares of QUALCOMM during the 2nd quarter valued at about $32,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

QUALCOMM Price Performance

Shares of NASDAQ:QCOM opened at $169.27 on Tuesday. The company has a market capitalization of $181.29 billion, a P/E ratio of 34.62, a P/E/G ratio of 3.89 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 firm’s 50 day simple moving average is $173.02 and its two-hundred day simple moving average is $165.59. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10.

QUALCOMM (NASDAQ:QCOMGet Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The firm had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. During the same period last year, the firm earned $2.69 EPS. The company’s revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

Key QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

Insider Buying and Selling at QUALCOMM

In other news, EVP Alexander H. Rogers sold 15,917 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the transaction, the executive vice president directly owned 26,071 shares in the company, valued at $4,640,898.71. The trade was a 37.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the sale, the executive vice president owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 53,155 shares of company stock valued at $9,267,593. 0.08% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 price target on shares of QUALCOMM in a research report on Thursday, November 6th. Citigroup upped their target price on shares of QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a report on Tuesday, October 28th. TD Cowen increased their price target on shares of QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. UBS Group lifted their price target on shares of QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Finally, Wells Fargo & Company upped their price objective on QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research note on Thursday, November 6th. Twelve research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $191.56.

Check Out Our Latest Analysis 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.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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