Qualcomm Incorporated $QCOM Shares Sold by XML Financial LLC

XML Financial LLC lessened its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 9.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 54,882 shares of the wireless technology company’s stock after selling 5,447 shares during the period. XML Financial LLC’s holdings in Qualcomm were worth $10,142,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Qualcomm by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after buying an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Qualcomm by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares in the last quarter. Sivia Capital Partners LLC grew its stake in Qualcomm by 44.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after acquiring an additional 1,020 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings in Qualcomm by 6.1% in the 2nd quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock valued at $920,000 after acquiring an additional 333 shares during the last quarter. Finally, Transamerica Financial Advisors LLC raised its holdings in Qualcomm by 9.7% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock valued at $1,083,000 after acquiring an additional 603 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is expanding its AI PC presence through a partnership with HUMAIN. HUMAIN’s Horizon Ultra is powered by Qualcomm’s Snapdragon X2 Elite platform, providing potential exposure to growth in AI-enabled personal computers and validating Qualcomm’s strategy beyond smartphones. Can Qualcomm’s Tie-Up With HUMAIN for AI PC Lift Its Shares?
• Positive Sentiment: Investors continue to focus on Qualcomm’s automotive, data-center and edge-AI initiatives as longer-term diversification opportunities. Analysts have also noted that data-center growth could become a more meaningful catalyst ahead of the company’s fourth-quarter results. Qualcomm Outperforms Broader Market Slump
• Neutral Sentiment: Qualcomm named former Motorola Devices president Sergio Buniac to lead its Mobile, Compute and Personal AI businesses. The appointment could strengthen execution in smartphones, PCs and AI devices, although investors are watching whether new leadership can offset rising costs and potential losses in Apple modem revenue. How Investors May Respond To QCOM Naming Sergio Buniac
• Neutral Sentiment: Qualcomm’s quarterly dividend of $0.92 per share, implying a 2.2% yield, remains a source of shareholder support. Institutional investors collectively own about 74% of the stock, indicating substantial professional-investor participation.
• Negative Sentiment: Qualcomm faces a smartphone reality check: quarterly revenue recently declined 4% year over year, earnings fell short of consensus, and reduced iPhone modem share remains a concern. Analysts broadly maintain a “Hold” view, with several cutting price targets and one bank reducing earnings estimates. Qualcomm’s AI Ambitions Run Into a Smartphone Reality Check
• Negative Sentiment: Semiconductor stocks broadly sold off as higher bond yields pressured richly valued technology shares. Separately, Nvidia’s $3.5 billion investment in rival MediaTek and planned collaboration on AI chips, PCs and automotive products raise competitive concerns for Qualcomm. Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields
• Negative Sentiment: A comparison with rapidly accelerating Sandisk highlights Qualcomm’s more gradual revenue contraction, reinforcing concerns that its AI growth businesses have not yet fully offset weaker mobile demand. A chief accounting officer’s $35,360 stock sale was made under a pre-arranged 10b5-1 plan and is unlikely to be a major signal by itself. Qualcomm vs. Sandisk

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on QCOM shares. Morgan Stanley lowered their target price on Qualcomm from $231.00 to $220.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Monness Crespi & Hardt raised Qualcomm to a “buy” rating in a report on Thursday, June 25th. Oppenheimer set a $200.00 price objective on Qualcomm in a research report on Monday, July 27th. Robert W. Baird set a $400.00 price objective on Qualcomm in a research note on Thursday, July 30th. Finally, Mizuho upped their target price on Qualcomm from $170.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $203.76.

Insider Buying and Selling at Qualcomm

In other news, CAO Patricia Y. Grech sold 208 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $170.00, for a total value of $35,360.00. The sale was disclosed in a document filed with the SEC, which is available at 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 stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $163.26, for a total value of $408,150.00. Following the transaction, the executive vice president owned 20,684 shares of the company’s stock, valued at approximately $3,376,869.84. This represents a 10.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 11,533 shares of company stock worth $1,961,219 over the last quarter. 0.05% of the stock is currently owned by company insiders.

Qualcomm Stock Performance

Qualcomm stock opened at $166.61 on Wednesday. The firm has a 50 day simple moving average of $170.71 and a 200-day simple moving average of $169.24. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92. 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 stock has a market cap of $174.98 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 15.74 and a beta of 1.67.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The firm had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The firm’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement

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

About Qualcomm

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.