Qualcomm Incorporated $QCOM Shares Sold by Live Oak Private Wealth LLC

Live Oak Private Wealth LLC lessened its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 92.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 4,247 shares of the wireless technology company’s stock after selling 53,595 shares during the quarter. Live Oak Private Wealth LLC’s holdings in Qualcomm were worth $785,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in QCOM. Resolute Advisors LLC purchased a new position in shares of Qualcomm in the 2nd quarter valued at approximately $214,000. Natural Investments LLC purchased a new stake in Qualcomm during the 2nd quarter worth approximately $252,000. Secure Asset Management LLC increased its stake in Qualcomm by 3.0% during the 2nd quarter. Secure Asset Management LLC now owns 2,611 shares of the wireless technology company’s stock valued at $482,000 after purchasing an additional 75 shares in the last quarter. Banco de Sabadell S.A increased its stake in Qualcomm by 1.0% during the 2nd quarter. Banco de Sabadell S.A now owns 9,871 shares of the wireless technology company’s stock valued at $1,822,000 after purchasing an additional 94 shares in the last quarter. Finally, Midwest Professional Planners LTD. purchased a new position in shares of Qualcomm in the second quarter worth $200,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Qualcomm Stock Performance

Shares of QCOM stock opened at $166.61 on Wednesday. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The stock has a market cap of $174.98 billion, a PE ratio of 19.28, a price-to-earnings-growth ratio of 15.74 and a beta of 1.67. The business has a 50-day simple moving average of $170.71 and a 200-day simple moving average of $169.24.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). The company 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 revenue was down 4.0% on a year-over-year basis. During the same period last year, the business earned $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, equities analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.2%. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Insider Activity

In related news, CAO Patricia Y. Grech sold 625 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $162.85, for a total transaction of $101,781.25. Following the sale, the chief accounting officer directly owned 208 shares of the company’s stock, valued at approximately $33,872.80. This represents a 75.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction on Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total transaction of $452,025.00. Following the sale, the executive vice president owned 23,184 shares in the company, valued at approximately $4,191,899.04. This represents a 9.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,533 shares of company stock valued at $1,961,219 in the last three months. 0.05% of the stock is currently owned by corporate insiders.

Qualcomm News Roundup

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

Analyst Ratings Changes

QCOM has been the subject of several research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Qualcomm in a research note on Wednesday, June 24th. Citigroup cut their target price on Qualcomm from $198.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 29th. Rosenblatt Securities lowered their price target on Qualcomm from $265.00 to $235.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. UBS Group dropped their price target on Qualcomm from $190.00 to $170.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Finally, Barclays reissued an “underweight” rating and issued a $180.00 price objective on shares of Qualcomm in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Qualcomm has an average rating of “Hold” and a consensus price target of $203.76.

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.