Carolina Wealth Advisors LLC Buys 524 Shares of QUALCOMM Incorporated $QCOM

Carolina Wealth Advisors LLC increased its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 727.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 596 shares of the wireless technology company’s stock after purchasing an additional 524 shares during the period. Carolina Wealth Advisors LLC’s holdings in QUALCOMM were worth $95,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of QCOM. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of QUALCOMM by 70.0% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 70 shares in the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in QUALCOMM by 122.4% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after buying an additional 93 shares in the last quarter. WFA Asset Management Corp purchased a new position in QUALCOMM in the 1st quarter worth about $27,000. Atticus Wealth Management LLC lifted its stake in QUALCOMM by 21,200.0% during the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after acquiring an additional 212 shares during the period. Finally, Abound Financial LLC purchased a new stake in shares of QUALCOMM during the 1st quarter valued at about $39,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at QUALCOMM

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $146.40, for a total transaction of $234,240.00. Following the completion of the transaction, the insider owned 21,193 shares in the company, valued at $3,102,655.20. This trade represents a 7.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Patricia Y. Grech sold 273 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $161.42, for a total value of $44,067.66. Following the sale, the chief accounting officer directly owned 404 shares in the company, valued at $65,213.68. This trade represents a 40.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 159,767 shares of company stock valued at $26,322,745 in the last 90 days. 0.08% of the stock is currently owned by insiders.

QUALCOMM Trading Up 0.2%

Shares of QCOM opened at $169.18 on Friday. The firm has a market cap of $182.55 billion, a P/E ratio of 16.31, a price-to-earnings-growth ratio of 2.47 and a beta of 1.23. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $182.10. The company has a 50 day simple moving average of $159.51 and a two-hundred day simple moving average of $153.25.

QUALCOMM (NASDAQ:QCOM) last issued its 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. The firm had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. QUALCOMM’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, equities analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were given a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Thursday, September 4th. QUALCOMM’s payout ratio is currently 34.33%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on QCOM. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. Arete raised QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target on the stock in a report on Tuesday, August 26th. Piper Sandler cut their price objective on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a report on Thursday, July 31st. Weiss Ratings reiterated a “hold (c+)” rating on shares of QUALCOMM in a research report on Saturday, September 27th. Finally, Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the stock an “outperform” rating in a research report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $182.82.

About QUALCOMM

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.