Rep. Cleo Fields Buys QUALCOMM Incorporated (NASDAQ:QCOM) Shares

Posted by Stuart Ham on Oct 2nd, 2025

Representative Cleo Fields (D-Louisiana) recently bought shares of QUALCOMM Incorporated (NASDAQ:QCOM). In a filing disclosed on September 30th, the Representative disclosed that they had bought between $15,001 and $50,000 in QUALCOMM stock on September 10th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/23/2025.
Purchased $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 9/19/2025.
Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/18/2025.
Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/17/2025.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.
Purchased $50,001 – $100,000 in shares of Oracle (NYSE:ORCL) on 9/17/2025.
Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.
Purchased $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 9/17/2025.
Purchased $15,001 – $50,000 in shares of Broadcom (NASDAQ:AVGO) on 9/17/2025.
Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/10/2025.

QUALCOMM Stock Performance

NASDAQ:QCOM opened at $166.49 on Thursday. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $179.64 billion, a price-to-earnings ratio of 16.05, a PEG ratio of 2.41 and a beta of 1.23. The firm’s fifty day simple moving average is $159.09 and its 200 day simple moving average is $153.12. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $182.10.

QUALCOMM (NASDAQ:QCOM – Get Free Report) last posted its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.06. The business had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, equities research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were issued a dividend of $0.89 per share. The ex-dividend date was Thursday, September 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.1%. QUALCOMM’s payout ratio is presently 34.33%.

Institutional Investors Weigh In On QUALCOMM

Hedge funds and other institutional investors have recently modified their holdings of the stock. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of QUALCOMM by 565.0% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 124,327 shares of the wireless technology company’s stock worth $19,098,000 after purchasing an additional 105,631 shares during the last quarter. PFG Advisors grew its position in shares of QUALCOMM by 8.0% during the 1st quarter. PFG Advisors now owns 4,314 shares of the wireless technology company’s stock valued at $663,000 after buying an additional 321 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of QUALCOMM by 3.3% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 188,654 shares of the wireless technology company’s stock valued at $28,979,000 after buying an additional 6,017 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of QUALCOMM by 12.3% during the 1st quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company’s stock valued at $203,904,000 after buying an additional 145,509 shares during the last quarter. Finally, Manchester Capital Management LLC grew its position in shares of QUALCOMM by 0.5% during the 1st quarter. Manchester Capital Management LLC now owns 24,169 shares of the wireless technology company’s stock valued at $3,713,000 after buying an additional 129 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In related news, CFO Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $156.86, for a total transaction of $522,814.38. Following the completion of the sale, the chief financial officer owned 39,874 shares of the company’s stock, valued at $6,254,635.64. This represents a 7.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $146.40, for a total transaction of $234,240.00. Following the sale, the insider directly owned 21,193 shares of the company’s stock, valued at approximately $3,102,655.20. This represents a 7.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,767 shares of company stock worth $1,488,745 in the last quarter. 0.08% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

QCOM has been the topic of several recent research reports. Sanford C. Bernstein set a $185.00 target price on shares of QUALCOMM and gave the company an “outperform” rating in a report on Monday, July 28th. Arete upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a report on Tuesday, August 26th. UBS Group boosted their price objective on shares of QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. Piper Sandler cut their price objective on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Thursday, July 31st. Finally, Mizuho cut their price objective on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating on the stock in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, QUALCOMM has an average rating of “Moderate Buy” and a consensus target price of $182.82.

View Our Latest Research Report on QCOM

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

QUALCOMM Company Profile

(Get Free Report)

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.