Qualcomm Incorporated $QCOM Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 2.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 615,378 shares of the wireless technology company’s stock after selling 16,591 shares during the period. Cetera Investment Advisers’ holdings in Qualcomm were worth $79,248,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in QCOM. Richardson Financial Services Inc. boosted its stake in Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 80 shares in the last quarter. Torren Management LLC bought a new stake in shares of Qualcomm in the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after buying an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new stake in shares of Qualcomm in the fourth quarter valued at $31,000. Finally, Commonwealth Retirement Investments LLC bought a new position in Qualcomm during the fourth quarter valued at about $32,000. Institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on QCOM. Citigroup lifted their target price on Qualcomm from $160.00 to $198.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Robert W. Baird set a $300.00 price target on shares of Qualcomm in a report on Friday, May 1st. JPMorgan Chase & Co. raised their price objective on shares of Qualcomm from $160.00 to $265.00 and gave the company a “neutral” rating in a research report on Friday, June 5th. Susquehanna boosted their target price on shares of Qualcomm from $160.00 to $190.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $160.00 target price on shares of Qualcomm in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-one have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $219.76.

Insider Activity

In related news, CAO Patricia Y. Grech sold 829 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total value of $167,267.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the transaction, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at $35,562,240. This represents a 4.82% 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 have sold a total of 21,721 shares of company stock worth $4,044,465 in the last quarter. Insiders own 0.05% of the company’s stock.

Qualcomm Trading Down 2.6%

Shares of NASDAQ QCOM opened at $171.11 on Friday. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $259.92. The company has a market cap of $180.35 billion, a price-to-earnings ratio of 18.60, a P/E/G ratio of 5.22 and a beta of 1.63. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The business has a fifty day simple moving average of $204.21 and a 200-day simple moving average of $168.40.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion for the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.Qualcomm’s revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the business posted $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Sell-side analysts predict that Qualcomm Incorporated will post 7.97 EPS for the current year.

Qualcomm Dividend Announcement

The company also recently declared 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. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. Qualcomm’s payout ratio is currently 40.00%.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm reportedly deepened ties with a major Apple rival, which could broaden its handset and wireless chip exposure beyond Apple-linked demand. Qualcomm deepens ties with major Apple rival
• Positive Sentiment: Reports that Qualcomm signed deals with three major hyperscalers for AI chips point to a potential new growth engine in data center AI, an area investors are watching closely for a re-rating. Qualcomm just signed deals with 3 major hyperscalers for AI chips
• Positive Sentiment: Some analysts say Qualcomm’s post–Investor Day reset has improved fair value estimates, suggesting the recent pullback may have made the shares look more attractive on valuation. Qualcomm (QCOM) Stock Gets Fair Value Boost After Investor Day Reset
• Neutral Sentiment: Semiconductor ETFs have been strong this year, which supports sentiment for the chip sector broadly, but this is more of an industry backdrop than a company-specific catalyst for Qualcomm. Semiconductor ETFs Surge Ahead of Intel Earnings
• Neutral Sentiment: Multiple previews ahead of Qualcomm’s Q3 earnings highlight Snapdragon launches and AI/PC opportunities, but also note competitive pressure and softer Android demand, leaving the market in a wait-and-see mode. Is Qualcomm Stock a Smart Buy Before Q3 Earnings Release?
• Negative Sentiment: Analysts expect Q3 earnings to decline, which can weigh on the stock ahead of the report if investors worry that Qualcomm’s core mobile business is slowing. Analysts Estimate Qualcomm (QCOM) to Report a Decline in Earnings
• Negative Sentiment: A broader semiconductor pricing-power story also flagged Qualcomm as more exposed than AI infrastructure leaders to rising foundry costs, since smartphone and consumer customers are less willing to absorb higher component prices, increasing margin pressure risk. TSMC’s Price Hikes Could Show Which AI Chip Stocks Have Real Pricing Power

Qualcomm 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.