LifeWealth Investments LLC Buys 770 Shares of QUALCOMM Incorporated $QCOM

LifeWealth Investments LLC lifted its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 47.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,387 shares of the wireless technology company’s stock after acquiring an additional 770 shares during the quarter. LifeWealth Investments LLC’s holdings in QUALCOMM were worth $380,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in QCOM. Brighton Jones LLC grew its stake in shares of QUALCOMM by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after acquiring an additional 9,343 shares during the period. Revolve Wealth Partners LLC lifted its holdings in QUALCOMM by 15.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after purchasing an additional 340 shares in the last quarter. GAMMA Investing LLC lifted its holdings in QUALCOMM by 35.4% in the 1st quarter. GAMMA Investing LLC now owns 21,241 shares of the wireless technology company’s stock worth $3,263,000 after purchasing an additional 5,555 shares in the last quarter. Legacy Advisors LLC lifted its holdings in QUALCOMM by 16.6% in the 1st quarter. Legacy Advisors LLC now owns 5,951 shares of the wireless technology company’s stock worth $914,000 after purchasing an additional 848 shares in the last quarter. Finally, Embree Financial Group lifted its holdings in QUALCOMM by 7.1% in the 1st quarter. Embree Financial Group now owns 1,613 shares of the wireless technology company’s stock worth $248,000 after purchasing an additional 107 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

QUALCOMM Stock Performance

QCOM opened at $169.27 on Thursday. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $182.10. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The company has a market cap of $182.64 billion, a P/E ratio of 16.32, a price-to-earnings-growth ratio of 2.46 and a beta of 1.23. The firm’s 50-day moving average price is $162.94 and its 200-day moving average price is $154.32.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.06. The firm had revenue of $10.37 billion during the quarter, compared to analysts’ expectations of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period last year, the business posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, equities analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. QUALCOMM’s payout ratio is currently 34.33%.

Analysts Set New Price Targets

A number of research analysts recently commented on QCOM shares. Sanford C. Bernstein set a $185.00 price target on QUALCOMM and gave the stock an “outperform” rating in a report on Monday, July 28th. Wall Street Zen cut QUALCOMM from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. UBS Group upped their price objective on QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. Piper Sandler decreased their price objective on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Thursday, July 31st. Finally, Arete Research set a $200.00 price target on QUALCOMM in a report on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, QUALCOMM presently has an average rating of “Moderate Buy” and a consensus target price of $183.27.

Insider Transactions at QUALCOMM

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction on Friday, August 1st. The stock was sold at an average price of $146.40, for a total value of $234,240.00. Following the sale, the insider owned 21,193 shares in the company, valued at $3,102,655.20. The trade was a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of QUALCOMM stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total value of $24,834,000.00. Following the completion of the sale, the chief executive officer owned 149,304 shares in the company, valued at $24,718,770.24. This represents a 50.12% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 168,102 shares of company stock valued at $27,706,855. Insiders own 0.08% of the company’s stock.

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.