QUALCOMM Incorporated $QCOM Shares Bought by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC boosted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 16.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,691 shares of the wireless technology company’s stock after acquiring an additional 238 shares during the period. JFS Wealth Advisors LLC’s holdings in QUALCOMM were worth $269,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QCOM. Vanguard Group Inc. boosted its holdings in shares of QUALCOMM by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 114,368,470 shares of the wireless technology company’s stock valued at $17,568,141,000 after buying an additional 638,284 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted its holdings in shares of QUALCOMM by 656,661.0% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock valued at $9,360,274,000 after buying an additional 58,764,593 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of QUALCOMM by 6.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 10,422,341 shares of the wireless technology company’s stock valued at $1,600,976,000 after buying an additional 641,654 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of QUALCOMM by 2.2% in the 1st quarter. Invesco Ltd. now owns 9,846,093 shares of the wireless technology company’s stock valued at $1,512,458,000 after buying an additional 215,900 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of QUALCOMM by 5.3% in the 1st quarter. Ameriprise Financial Inc. now owns 9,389,620 shares of the wireless technology company’s stock valued at $1,441,847,000 after buying an additional 471,648 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Stock Down 7.3%

Shares of QUALCOMM stock opened at $153.64 on Friday. The company has a market cap of $165.77 billion, a P/E ratio of 14.82, a PEG ratio of 2.24 and a beta of 1.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $182.10. The firm has a fifty day moving average of $160.39 and a two-hundred day moving average of $153.45.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on QCOM. Rosenblatt Securities restated a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a report on Thursday, July 31st. Bank of America reduced their price target on shares of QUALCOMM from $245.00 to $200.00 and set a “buy” rating for the company in a research report on Tuesday, June 17th. Mizuho reduced their price target on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Thursday, July 31st. JPMorgan Chase & Co. upped their price target on shares of QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. Finally, Piper Sandler reduced their price target on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $182.82.

Insider Activity at QUALCOMM

In other news, CEO Cristiano R. Amon sold 150,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 149,304 shares in the company, valued at $24,718,770.24. This trade represents a 50.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the 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 transaction, 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 disclosure for this sale can be found here. Insiders have sold 159,767 shares of company stock worth $26,322,745 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Company Profile

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.