Great Valley Advisor Group Inc. Purchases 29,224 Shares of QUALCOMM Incorporated $QCOM

Great Valley Advisor Group Inc. lifted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 85.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,613 shares of the wireless technology company’s stock after buying an additional 29,224 shares during the period. Great Valley Advisor Group Inc.’s holdings in QUALCOMM were worth $10,131,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Avion Wealth grew its position in QUALCOMM by 16.7% during the second quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock valued at $70,000 after acquiring an additional 63 shares during the last quarter. Insight Advisors LLC PA boosted its stake in shares of QUALCOMM by 1.8% in the 2nd quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company’s stock valued at $556,000 after purchasing an additional 63 shares in the last quarter. Capital Advantage Inc. grew its holdings in shares of QUALCOMM by 2.8% during the 2nd quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company’s stock valued at $375,000 after purchasing an additional 64 shares during the last quarter. Rise Advisors LLC raised its position in QUALCOMM by 6.7% in the 1st quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company’s stock worth $161,000 after purchasing an additional 66 shares during the period. Finally, Bell Investment Advisors Inc raised its position in QUALCOMM by 4.6% in the 1st quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company’s stock worth $231,000 after purchasing an additional 66 shares during the period. Institutional investors own 74.35% of the company’s stock.

Insider Activity at QUALCOMM

In other news, CAO Patricia Y. Grech sold 513 shares of QUALCOMM stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $160.95, for a total transaction of $82,567.35. Following the sale, the chief accounting officer owned 203 shares of the company’s stock, valued at approximately $32,672.85. The trade was a 71.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Akash J. Palkhiwala sold 8,335 shares of the stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $166.06, for a total transaction of $1,384,110.10. Following the completion of the transaction, the chief financial officer directly owned 36,541 shares of the company’s stock, valued at approximately $6,067,998.46. The trade was a 18.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 164,388 shares of company stock valued at $27,248,752 in the last 90 days. 0.08% of the stock is owned by company insiders.

QUALCOMM Stock Down 1.6%

NASDAQ QCOM opened at $178.29 on Friday. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The stock has a market capitalization of $190.95 billion, a PE ratio of 36.46, a PEG ratio of 3.97 and a beta of 1.22. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The business’s 50-day moving average is $170.72 and its 200 day moving average is $162.11.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The business’s revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the business posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be issued a $0.89 dividend. The ex-dividend date is Thursday, December 4th. This represents a $3.56 annualized dividend and a yield of 2.0%. QUALCOMM’s payout ratio is 72.80%.

Wall Street Analyst Weigh In

Several research firms have issued reports on QCOM. Weiss Ratings restated a “hold (c)” rating on shares of QUALCOMM in a research report on Monday. TD Cowen boosted their target price on QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Arete Research set a $200.00 price target on QUALCOMM in a research report on Tuesday, August 26th. Citigroup lifted their price target on QUALCOMM from $170.00 to $175.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. Finally, Bank of America boosted their price objective on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $191.00.

About QUALCOMM

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.