Concurrent Investment Advisors LLC Sells 29,008 Shares of Qualcomm Incorporated $QCOM

Concurrent Investment Advisors LLC trimmed its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 35.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,653 shares of the wireless technology company’s stock after selling 29,008 shares during the period. Concurrent Investment Advisors LLC’s holdings in Qualcomm were worth $9,730,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. NEOS Investment Management LLC raised its holdings in Qualcomm by 8.5% in the 2nd quarter. NEOS Investment Management LLC now owns 797,157 shares of the wireless technology company’s stock valued at $147,307,000 after acquiring an additional 62,629 shares in the last quarter. High Net Worth Advisory Group LLC grew its holdings in shares of Qualcomm by 1.8% during the 2nd quarter. High Net Worth Advisory Group LLC now owns 4,044 shares of the wireless technology company’s stock worth $747,000 after purchasing an additional 70 shares in the last quarter. iSAM Funds UK Ltd acquired a new stake in shares of Qualcomm during the 2nd quarter worth approximately $480,000. Greenspring Advisors LLC increased its position in shares of Qualcomm by 8.6% during the second quarter. Greenspring Advisors LLC now owns 3,984 shares of the wireless technology company’s stock valued at $736,000 after purchasing an additional 315 shares during the period. Finally, Safeguard Investment Advisory Group LLC increased its position in shares of Qualcomm by 61.0% during the second quarter. Safeguard Investment Advisory Group LLC now owns 3,018 shares of the wireless technology company’s stock valued at $558,000 after purchasing an additional 1,144 shares during the period. Institutional investors own 74.35% of the company’s stock.

Insider Transactions at Qualcomm

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total transaction of $408,150.00. Following the transaction, the executive vice president owned 20,684 shares in the company, valued at $3,376,869.84. This represents a 10.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $147.04, for a total transaction of $470,528.00. Following the sale, the executive vice president directly owned 36,535 shares in the company, valued at approximately $5,372,106.40. This represents a 8.05% 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. Over the last quarter, insiders have sold 11,533 shares of company stock worth $1,961,219. Insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

NASDAQ:QCOM opened at $168.74 on Friday. The stock has a market capitalization of $177.22 billion, a P/E ratio of 19.53, a price-to-earnings-growth ratio of 3.52 and a beta of 1.68. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The firm has a 50 day moving average of $169.05 and a 200-day moving average of $169.65.

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

Qualcomm Dividend Announcement

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

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is backing a $70 million funding round for Ultrahuman, supporting development of smart rings powered by Qualcomm chips. The devices are expected to run on-device AI, software and gesture-control functions, expanding Qualcomm’s reach beyond smartphones into advanced wearables. Why Is Qualcomm Backing a $70 Million Bet on Smart Rings?
• Positive Sentiment: Qualcomm raised its quarterly dividend by 3.4% to $0.92 per share, representing roughly $983 million in shareholder distributions and reinforcing its appeal to income-focused investors. Qualcomm Raises Quarterly Dividend
• Positive Sentiment: One Wall Street analyst sees substantial upside after Qualcomm’s steep three-month decline, while other valuation commentary describes the stock as inexpensive on earnings-based measures. The bullish case centers on growth in automotive, AI, data centers and edge computing. Qualcomm Analyst Sees 140% Upside
• Neutral Sentiment: Qualcomm benefited modestly from a broader rebound in beaten-down AI semiconductor stocks, although the move was less pronounced than in some peers such as Marvell. Marvell Rises as AI Silicon Rebounds
• Negative Sentiment: Recent analysis warns that Qualcomm’s long-term AI and automotive ambitions must overcome a near-term smartphone reality check, including potential pressure from Apple’s modem transition. Japan robotics investments offer diversification but could weigh on margins while estimates remain under pressure. Qualcomm Japan Robotics and Edge AI Analysis
• Negative Sentiment: Reports of insider selling recently pressured sentiment, highlighting investor caution after Qualcomm’s extended decline and amid uncertainty over its earnings outlook. Qualcomm Trading Down After Insider Selling

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on QCOM shares. Evercore set a $159.00 price objective on shares of Qualcomm in a report on Thursday, July 30th. HSBC reaffirmed a “hold” rating on shares of Qualcomm in a research note on Wednesday, July 15th. TD Cowen lowered their price target on Qualcomm from $225.00 to $175.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. JPMorgan Chase & Co. increased their price objective on Qualcomm from $160.00 to $265.00 and gave the stock a “neutral” rating in a research note on Friday, June 5th. Finally, Monness Crespi & Hardt raised Qualcomm to a “buy” rating in a report on Thursday, June 25th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $203.76.

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.