Westhampton Capital LLC Sells 4,160 Shares of Qualcomm Incorporated $QCOM

Westhampton Capital LLC decreased its position in Qualcomm Incorporated (NASDAQ:QCOM) by 32.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,833 shares of the wireless technology company’s stock after selling 4,160 shares during the period. Westhampton Capital LLC’s holdings in Qualcomm were worth $1,632,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Cache Advisors LLC lifted its holdings in Qualcomm by 18.6% during the 2nd quarter. Cache Advisors LLC now owns 23,726 shares of the wireless technology company’s stock worth $4,384,000 after purchasing an additional 3,726 shares during the last quarter. Sunbeam Capital Management LLC grew its holdings in Qualcomm by 3.7% in the 2nd quarter. Sunbeam Capital Management LLC now owns 1,637 shares of the wireless technology company’s stock valued at $303,000 after buying an additional 58 shares in the last quarter. Elser Financial Planning Inc grew its holdings in Qualcomm by 6.7% in the 2nd quarter. Elser Financial Planning Inc now owns 1,740 shares of the wireless technology company’s stock valued at $322,000 after buying an additional 109 shares in the last quarter. American Financial Advisors LLC bought a new position in Qualcomm during the 2nd quarter worth $229,000. Finally, Encompass More Asset Management bought a new position in Qualcomm during the 2nd quarter worth $211,000. Institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $160.00 target price on shares of Qualcomm in a research report on Thursday, April 30th. Susquehanna lowered their price target on shares of Qualcomm from $190.00 to $160.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Craig Hallum lowered shares of Qualcomm from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. HSBC reiterated a “hold” rating on shares of Qualcomm in a research note on Wednesday, July 15th. Finally, Guggenheim set a $200.00 price objective on shares of Qualcomm in a report on Monday, June 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Qualcomm has a consensus rating of “Hold” and an average price target of $203.63.

Qualcomm Stock Performance

Shares of NASDAQ:QCOM opened at $164.79 on Friday. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The stock has a market capitalization of $173.07 billion, a price-to-earnings ratio of 19.07, a price-to-earnings-growth ratio of 15.00 and a beta of 1.65. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The company’s 50 day simple moving average is $183.72 and its 200 day simple moving average is $167.74.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). The business had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The firm’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, research analysts predict that Qualcomm Incorporated will post 7.76 EPS for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. Qualcomm’s payout ratio is 42.59%.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Renewed investor interest in chip stocks following July’s sell-off is providing a favorable backdrop for Qualcomm and other semiconductor companies. The Bull Market Is Almost Back for Chip Stocks
• Positive Sentiment: Analysts and market commentary are highlighting Qualcomm’s neural-processing-unit strategy, which could benefit from increasing demand for on-device AI in smartphones, PCs and other hardware. The opportunity could help diversify the company beyond its slower-growing handset business and support a broader hardware upgrade cycle. Forget the Cloud: Qualcomm’s NPU Play May Trigger a Hardware Supercycle
• Positive Sentiment: One market view suggests investors may be underestimating Qualcomm’s potential in automotive, IoT and AI-related markets, offering a bullish counterpoint to the handset slowdown narrative. Prediction: This Chipmaker Could Be a Bigger Winner Than Investors Think
• Neutral Sentiment: Semiconductor ETF inflows remain strong, including demand for leveraged funds, which may support sector momentum. Fidelity’s warning that the chip cycle could be nearing a peak highlights the risk that speculative enthusiasm may reverse. Semiconductor Flows Stay Sticky in Leveraged Chip ETFs
• Neutral Sentiment: Qualcomm could receive additional near-term attention from a semiconductor-focused CNBC Investing Club discussion, though this is not a fundamental business development. 5 Semiconductor Stocks Jim Cramer Could Be Talking About
• Negative Sentiment: Erste Group lowered its FY2026 EPS forecast for Qualcomm to $7.71 from $7.91, signaling reduced expectations for profitability. Another analysis favored Intel over Qualcomm because of stronger projected growth and AI-PC momentum. Intel vs. Qualcomm: Which Chip Stock is the Better Buy Now?
• Negative Sentiment: Executive Vice President Akash Palkhiwala sold 2,500 shares worth approximately $408,000. Because the transaction was made under a pre-arranged Rule 10b5-1 plan, it is a limited bearish signal, but it may still weigh modestly on sentiment. Qualcomm EVP Sells 2,500 Shares

Insider Buying and Selling

In related news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $147.04, for a total transaction of $470,528.00. Following the completion of the sale, the executive vice president directly owned 36,535 shares in the company, valued at $5,372,106.40. This represents a 8.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total value of $408,150.00. Following the completion of the sale, the executive vice president directly owned 20,684 shares in the company, valued at $3,376,869.84. This trade represents a 10.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,529 shares of company stock worth $1,991,345 in the last ninety days. 0.05% of the stock is owned by insiders.

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.