First Nebraska Trust Co Buys 135,081 Shares of Qualcomm Incorporated $QCOM

First Nebraska Trust Co purchased a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 135,081 shares of the wireless technology company’s stock, valued at approximately $24,860,000. Qualcomm accounts for 2.0% of First Nebraska Trust Co’s investment portfolio, making the stock its 9th biggest position.

Other large investors also recently bought and sold shares of the company. ABS Investment Management LLC purchased a new position in shares of Qualcomm in the 2nd quarter valued at about $34,000. ABS Direct Equity Fund LLC purchased a new stake in shares of Qualcomm during the second quarter worth approximately $34,000. Your Advocates Ltd. LLP purchased a new stake in shares of Qualcomm during the first quarter worth approximately $26,000. Burk Holdings LLC raised its holdings in Qualcomm by 191.7% in the second quarter. Burk Holdings LLC now owns 210 shares of the wireless technology company’s stock valued at $39,000 after acquiring an additional 138 shares in the last quarter. Finally, Harborfront Financial Group LLC acquired a new stake in Qualcomm in the second quarter valued at approximately $41,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm Ventures joined a $700 million funding round for AI startup Hark, which is developing AI models, software and hardware for a personal-assistant platform. The investment could create opportunities for Qualcomm chips in future consumer devices, though commercial benefits are uncertain. Qualcomm Joins Hark Funding Round
• Positive Sentiment: One report highlights potential data-center business with major hyperscalers as a possible growth engine that could help offset handset weakness. The timing and scale of revenue remain key uncertainties. Qualcomm May Be a Data-Center AI Winner
• Neutral Sentiment: Investors are focused on the Nov. 4 earnings report for updates on quarterly performance, the handset outlook and whether AI ambitions can support future growth. Qualcomm Q4 2026 Earnings Preview
• Negative Sentiment: Near-term fundamentals are a concern: Qualcomm’s phone-chip revenue fell 20% year over year in the June quarter, and previews flag possible revenue declines, rising costs and margin pressure. This increases the importance of the company’s guidance. Should You Buy Qualcomm Before Its Nov. 4 Report?
• Negative Sentiment: Qualcomm has also been caught in a broader semiconductor selloff. A report noted an 11% one-day drop on Oct. 30 as the PHLX Semiconductor Index fell about 7%; another cited the stock trading more than 37% below its year-to-date high and losing a key support level. Qualcomm Loses Crucial Support Ahead of Earnings

Qualcomm Price Performance

Shares of NASDAQ:QCOM opened at $164.43 on Wednesday. The company has a 50-day simple moving average of $177.98 and a 200-day simple moving average of $169.42. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02. The stock has a market capitalization of $175.58 billion, a price-to-earnings ratio of 19.03, a PEG ratio of 3.65 and a beta of 1.70.

Qualcomm Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, December 3rd. Qualcomm’s payout ratio is currently 42.59%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on QCOM. Freedom Capital upgraded shares of Qualcomm from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Susquehanna raised their price objective on shares of Qualcomm from $160.00 to $185.00 and gave the company a “neutral” rating in a report on Wednesday, October 21st. Robert W. Baird set a $400.00 price target on Qualcomm in a research note on Thursday, July 30th. The Goldman Sachs Group set a $160.00 price objective on Qualcomm in a research report on Thursday, July 30th. Finally, HSBC reiterated a “hold” rating on shares of Qualcomm in a report on Wednesday, July 15th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $205.48.

Insiders Place Their Bets

In related news, EVP Ann C. Chaplin sold 1,827 shares of the company’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $174.75, for a total transaction of $319,268.25. Following the transaction, the executive vice president owned 25,770 shares of the company’s stock, valued at $4,503,307.50. This represents a 6.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 stock in a transaction on Friday, September 11th. The stock was sold at an average price of $182.85, for a total value of $457,125.00. Following the completion of the transaction, the executive vice president owned 18,184 shares of the company’s stock, valued at $3,324,944.40. The trade was a 12.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 30,258 shares of company stock worth $5,727,616. Company insiders own 0.05% of the company’s stock.

Qualcomm Profile

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.