Two Sigma Securities LLC Acquires 7,740 Shares of Qualcomm Incorporated $QCOM

Two Sigma Securities LLC boosted its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 231.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,085 shares of the wireless technology company’s stock after purchasing an additional 7,740 shares during the quarter. Two Sigma Securities LLC’s holdings in Qualcomm were worth $2,048,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Qualcomm in the 2nd quarter worth approximately $17,583,115,000. Norges Bank purchased a new position in Qualcomm during the fourth quarter valued at $2,591,056,000. Bank of New York Mellon Corp purchased a new position in Qualcomm during the second quarter valued at $1,523,930,000. Deutsche Bank AG bought a new stake in Qualcomm in the second quarter worth $1,178,349,000. Finally, Wellington Management Group LLP boosted its holdings in Qualcomm by 34.5% in the fourth quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock worth $2,861,301,000 after acquiring an additional 4,290,622 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the completion of the sale, the executive vice president owned 36,535 shares of the company’s stock, valued at $5,372,106.40. This represents a 8.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 625 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $162.85, for a total transaction of $101,781.25. Following the completion of the transaction, the chief accounting officer owned 208 shares in the company, valued at $33,872.80. This trade represents a 75.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,325 shares of company stock worth $1,925,859 in the last three months. 0.05% of the stock is currently owned by company insiders.

Qualcomm Price Performance

Shares of Qualcomm stock opened at $164.19 on Monday. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month 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 company’s 50 day moving average is $172.49 and its 200 day moving average is $168.85. The company has a market cap of $172.44 billion, a price-to-earnings ratio of 19.00, a price-to-earnings-growth ratio of 15.16 and a beta of 1.65.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). The firm had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. Qualcomm’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Research analysts anticipate that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be given a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on QCOM. DZ Bank raised Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 price target for the company in a research report on Friday, June 26th. Tigress Financial increased their price objective on shares of Qualcomm from $270.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Evercore set a $159.00 target price on shares of Qualcomm in a report on Thursday, July 30th. The Goldman Sachs Group set a $160.00 target price on shares of Qualcomm in a research note on Thursday, July 30th. Finally, Freedom Capital upgraded shares of Qualcomm from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $203.76.

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.