Livet Wealth LLC purchased a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,650 shares of the wireless technology company’s stock, valued at approximately $453,000.
Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of 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 during the period. Revolve Wealth Partners LLC lifted its holdings in shares of 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 during the period. Sivia Capital Partners LLC lifted its holdings in shares of Qualcomm by 44.3% during the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock worth $530,000 after purchasing an additional 1,020 shares during the period. Main Street Financial Solutions LLC lifted its holdings in shares of Qualcomm by 6.1% during the second quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock worth $920,000 after purchasing an additional 333 shares during the period. Finally, Transamerica Financial Advisors LLC lifted its holdings in shares of Qualcomm by 9.7% during the second quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock worth $1,083,000 after purchasing an additional 603 shares during the period. Institutional investors and hedge funds own 74.35% of the company’s stock.
Qualcomm Trading Up 4.3%
Shares of QCOM stock opened at $211.72 on Friday. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $259.92. The stock has a market cap of $223.15 billion, a P/E ratio of 23.01, a P/E/G ratio of 25.11 and a beta of 1.59. The business has a fifty day simple moving average of $184.43 and a 200-day simple moving average of $164.86. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54.
Qualcomm announced that its Board of Directors has initiated a stock buyback plan on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.
Qualcomm Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a $0.92 dividend. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Thursday, June 4th. Qualcomm’s dividend payout ratio (DPR) is 40.00%.
Insider Transactions at Qualcomm
In other news, CAO Patricia Y. Grech sold 829 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $180.00, for a total value of $1,800,000.00. Following the completion of the transaction, the chief executive officer owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. This represents a 4.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 21,806 shares of company stock worth $3,928,958. Corporate insiders own 0.05% of the company’s stock.
Trending Headlines about Qualcomm
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Wells Fargo raised its price target on Qualcomm to $230 from $160, signaling improved long-term expectations for the stock. Wall Street sets Qualcomm stock price target for 2027
- Positive Sentiment: Coverage highlighting Qualcomm’s AI ecosystem expanding into humanoid robots and autonomous vehicles is boosting sentiment around growth beyond smartphones. Qualcomm’s AI Ecosystem Extends To Humanoid Robots And Autonomous Vehicles
- Positive Sentiment: QCraft said it demonstrated urban NOA on Qualcomm’s Snapdragon Ride platform and is targeting mass production in 2026, supporting Qualcomm’s automotive revenue story. QCraft Demonstrates Urban NOA on Qualcomm’s Latest Snapdragon Ride SoC, Targets 2026 Global Mass Production
- Neutral Sentiment: Erste Group slightly lowered its FY2027 EPS estimate, a modest headwind but not a major change to the outlook.
- Negative Sentiment: EVP Akash Palkhiwala sold 2,500 shares in a pre-arranged 10b5-1 plan, which may create a small overhang even though the sale was routine. SEC filing for Akash J. Palkhiwala transaction
- Negative Sentiment: Recent commentary notes Qualcomm has also been caught in a broader semiconductor pullback and some profit-taking after a strong AI-driven run, which can weigh on the shares near term. Qualcomm Slips, Shorter-Term Momentum Cools From Roller Coaster AI Highs
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. Argus set a $220.00 target price on shares of Qualcomm in a report on Friday, May 1st. Roth Mkm started coverage on shares of Qualcomm in a report on Friday, May 8th. They issued a “buy” rating on the stock. UBS Group downgraded shares of Qualcomm from a “neutral” rating to an “underperform” rating in a report on Friday, May 8th. Evercore set a $179.00 target price on shares of Qualcomm in a report on Thursday, April 30th. Finally, Susquehanna lifted their target price on shares of Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Fifteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $184.29.
Get Our Latest Stock Analysis on QCOM
Qualcomm Company 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.
See Also
- Five stocks we like better than Qualcomm
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for Qualcomm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualcomm and related companies with MarketBeat.com's FREE daily email newsletter.
