Qualcomm Incorporated $QCOM Shares Sold by Fisher Funds Management LTD

Fisher Funds Management LTD trimmed its position in Qualcomm Incorporated (NASDAQ:QCOM) by 44.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 52,992 shares of the wireless technology company’s stock after selling 43,169 shares during the quarter. Fisher Funds Management LTD’s holdings in Qualcomm were worth $9,792,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its position in Qualcomm by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after buying an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Qualcomm by 15.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares during the last quarter. Sivia Capital Partners LLC increased its stake in shares of Qualcomm by 44.3% in the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock worth $530,000 after acquiring an additional 1,020 shares during the period. Main Street Financial Solutions LLC increased its stake in shares of Qualcomm by 6.1% in the second quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock worth $920,000 after acquiring an additional 333 shares during the period. Finally, Transamerica Financial Advisors LLC raised its holdings in shares of Qualcomm by 9.7% during the second quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock worth $1,083,000 after purchasing an additional 603 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Transactions at Qualcomm

In other news, CAO Patricia Y. Grech sold 829 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total value of $408,150.00. Following the completion of the sale, the executive vice president directly owned 20,684 shares of the company’s stock, valued at approximately $3,376,869.84. This represents a 10.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 11,529 shares of company stock valued at $1,991,345 over the last 90 days. 0.05% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on QCOM shares. Melius Research set a $220.00 target price on shares of Qualcomm in a research report on Monday, May 18th. Craig Hallum downgraded Qualcomm from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Sanford C. Bernstein set a $165.00 price objective on Qualcomm in a research note on Thursday, July 30th. TD Cowen decreased their price objective on Qualcomm from $225.00 to $175.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, BNP Paribas Exane downgraded Qualcomm to a “neutral” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $203.63.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Renewed investor interest in chip stocks following July’s sell-off is providing a favorable backdrop for Qualcomm and other semiconductor companies. The Bull Market Is Almost Back for Chip Stocks
• Positive Sentiment: Analysts and market commentary are highlighting Qualcomm’s neural-processing-unit strategy, which could benefit from increasing demand for on-device AI in smartphones, PCs and other hardware. The opportunity could help diversify the company beyond its slower-growing handset business and support a broader hardware upgrade cycle. Forget the Cloud: Qualcomm’s NPU Play May Trigger a Hardware Supercycle
• Positive Sentiment: One market view suggests investors may be underestimating Qualcomm’s potential in automotive, IoT and AI-related markets, offering a bullish counterpoint to the handset slowdown narrative. Prediction: This Chipmaker Could Be a Bigger Winner Than Investors Think
• Neutral Sentiment: Semiconductor ETF inflows remain strong, including demand for leveraged funds, which may support sector momentum. Fidelity’s warning that the chip cycle could be nearing a peak highlights the risk that speculative enthusiasm may reverse. Semiconductor Flows Stay Sticky in Leveraged Chip ETFs
• Neutral Sentiment: Qualcomm could receive additional near-term attention from a semiconductor-focused CNBC Investing Club discussion, though this is not a fundamental business development. 5 Semiconductor Stocks Jim Cramer Could Be Talking About
• Negative Sentiment: Erste Group lowered its FY2026 EPS forecast for Qualcomm to $7.71 from $7.91, signaling reduced expectations for profitability. Another analysis favored Intel over Qualcomm because of stronger projected growth and AI-PC momentum. Intel vs. Qualcomm: Which Chip Stock is the Better Buy Now?
• Negative Sentiment: Executive Vice President Akash Palkhiwala sold 2,500 shares worth approximately $408,000. Because the transaction was made under a pre-arranged Rule 10b5-1 plan, it is a limited bearish signal, but it may still weigh modestly on sentiment. Qualcomm EVP Sells 2,500 Shares

Qualcomm Stock Up 1.1%

Shares of NASDAQ QCOM opened at $164.79 on Friday. The firm has a market cap of $173.07 billion, a price-to-earnings ratio of 19.07, a price-to-earnings-growth ratio of 15.00 and a beta of 1.65. The company’s 50-day simple moving average is $183.72 and its 200-day simple moving average is $167.74. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The firm had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. During the same period in the prior year, the firm earned $2.77 earnings per share. The business’s revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities analysts predict that Qualcomm Incorporated will post 7.76 EPS for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently announced 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 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 is presently 42.59%.

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.