Wealthstream Advisors Inc. Sells 568 Shares of QUALCOMM Incorporated $QCOM

Wealthstream Advisors Inc. lessened its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 27.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,536 shares of the wireless technology company’s stock after selling 568 shares during the quarter. Wealthstream Advisors Inc.’s holdings in QUALCOMM were worth $245,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of QCOM. Atlantic Edge Private Wealth Management LLC raised its position in shares of QUALCOMM by 70.0% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 70 shares during the period. Vermillion & White Wealth Management Group LLC raised its position in shares of QUALCOMM by 122.4% in the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 93 shares during the period. Chung Wu Investment Group LLC bought a new position in shares of QUALCOMM in the second quarter valued at approximately $32,000. Harbor Asset Planning Inc. bought a new position in shares of QUALCOMM in the second quarter valued at approximately $32,000. Finally, Atticus Wealth Management LLC raised its position in shares of QUALCOMM by 21,200.0% in the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after purchasing an additional 212 shares during the period. Institutional investors own 74.35% of the company’s stock.

Analysts Set New Price Targets

QCOM has been the topic of a number of recent analyst reports. Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target on the stock in a research report on Tuesday, August 26th. Rosenblatt Securities restated a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a research note on Thursday, July 31st. JPMorgan Chase & Co. raised their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Weiss Ratings restated a “hold (c+)” rating on shares of QUALCOMM in a research note on Wednesday, October 8th. Finally, Citigroup restated a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $182.82.

Insider Activity

In other QUALCOMM news, CAO Neil Martin sold 791 shares of QUALCOMM stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total transaction of $122,462.62. Following the sale, the chief accounting officer owned 1,106 shares in the company, valued at $171,230.92. The trade was a 41.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Cristiano R. Amon sold 150,000 shares of QUALCOMM stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following 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 have sold 159,767 shares of company stock valued at $26,322,745. 0.08% of the stock is owned by insiders.

QUALCOMM Stock Down 0.4%

QCOM opened at $163.45 on Friday. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $182.10. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The firm’s fifty day moving average price is $162.00 and its two-hundred day moving average price is $153.74. The company has a market capitalization of $176.36 billion, a P/E ratio of 15.76, a P/E/G ratio of 2.38 and a beta of 1.23.

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

QUALCOMM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.2%. QUALCOMM’s payout ratio is currently 34.33%.

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.