Trivium Point Advisory LLC Takes $9.06 Million Position in Qualcomm Incorporated $QCOM

Trivium Point Advisory LLC purchased a new stake in Qualcomm Incorporated (NASDAQ:QCOM) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 49,055 shares of the wireless technology company’s stock, valued at approximately $9,065,000.

A number of other large investors have also added to or reduced their stakes in QCOM. N.E.W. Advisory Services LLC bought a new position in Qualcomm during the 2nd quarter worth $122,000. HBK Sorce Advisory LLC bought a new stake in shares of Qualcomm during the 2nd quarter valued at $2,751,000. German American Bancorp Inc. bought a new stake in shares of Qualcomm during the 2nd quarter valued at $499,000. Northstar Financial Companies Inc. acquired a new stake in shares of Qualcomm during the 2nd quarter worth $832,000. Finally, Gould Asset Management LLC CA acquired a new stake in shares of Qualcomm during the 2nd quarter worth $224,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on QCOM. Roth Capital began coverage on Qualcomm in a research note on Friday, May 8th. They issued a “buy” rating for the company. Cantor Fitzgerald decreased their target price on shares of Qualcomm from $200.00 to $165.00 and set a “neutral” rating on the stock in a report on Monday, July 27th. Royal Bank Of Canada cut their price target on shares of Qualcomm from $250.00 to $160.00 and set a “sector perform” rating for the company in a report on Thursday, July 30th. Daiwa Securities Group upgraded shares of Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price target on the stock in a research report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $160.00 price objective on shares of Qualcomm in a research note on Thursday, April 30th. Two 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $203.63.

Qualcomm Stock Performance

Shares of Qualcomm stock opened at $161.91 on Thursday. The stock has a market cap of $170.04 billion, a price-to-earnings ratio of 18.74, a P/E/G ratio of 14.79 and a beta of 1.65. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92. The company’s fifty day moving average is $180.12 and its 200 day moving average is $168.00. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46.

Qualcomm (NASDAQ:QCOM) last announced its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.02). The company 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 period in the prior year, the business earned $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Sell-side analysts forecast that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is 42.59%.

Insider Activity at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, August 3rd. The shares were 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total transaction of $408,150.00. Following the completion of the transaction, the executive vice president owned 20,684 shares in the company, valued at approximately $3,376,869.84. The trade was a 10.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 10,700 shares of company stock worth $1,824,078 over the last quarter. 0.05% of the stock is currently owned by company 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.