22,285 Shares in Qualcomm Incorporated $QCOM Acquired by Third View Private Wealth LLC

Third View Private Wealth LLC purchased a new position in Qualcomm Incorporated (NASDAQ:QCOM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 22,285 shares of the wireless technology company’s stock, valued at approximately $3,812,000.

A number of other hedge funds also recently modified their holdings of the stock. Inscription Capital LLC grew its stake in Qualcomm by 58.1% in the 3rd quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock valued at $2,172,000 after buying an additional 4,799 shares in the last quarter. Savvy Advisors Inc. grew its stake in Qualcomm by 43.3% in the 4th quarter. Savvy Advisors Inc. now owns 19,102 shares of the wireless technology company’s stock valued at $3,267,000 after buying an additional 5,776 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Qualcomm by 1.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,004,339 shares of the wireless technology company’s stock valued at $167,082,000 after buying an additional 16,738 shares in the last quarter. Simplify Asset Management Inc. purchased a new position in Qualcomm in the 3rd quarter valued at approximately $725,000. Finally, First National Trust Co grew its stake in Qualcomm by 9.4% in the 3rd quarter. First National Trust Co now owns 57,687 shares of the wireless technology company’s stock valued at $9,597,000 after buying an additional 4,976 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling at Qualcomm

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the transaction, the executive vice president owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. This represents a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. This trade represents a 16.33% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 9,118 shares of company stock worth $1,233,705. Insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on QCOM shares. Zacks Research lowered shares of Qualcomm from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 27th. Piper Sandler reiterated an “overweight” rating and issued a $200.00 price objective on shares of Qualcomm in a research note on Thursday, February 5th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $140.00 price objective (down from $175.00) on shares of Qualcomm in a research note on Thursday, March 26th. JPMorgan Chase & Co. reduced their price objective on shares of Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Finally, Robert W. Baird set a $177.00 price objective on shares of Qualcomm in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $163.77.

Qualcomm Trading Up 2.5%

Qualcomm stock opened at $131.24 on Tuesday. The stock has a market cap of $140.03 billion, a P/E ratio of 27.12 and a beta of 1.28. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $205.95. The firm’s fifty day moving average price is $135.14 and its 200-day moving average price is $157.25. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities research analysts forecast that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm declared that its Board of Directors has initiated a stock repurchase program on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Qualcomm Profile

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.