Chung Wu Investment Group LLC Invests $32,000 in QUALCOMM Incorporated $QCOM

Chung Wu Investment Group LLC acquired a new position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 200 shares of the wireless technology company’s stock, valued at approximately $32,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. WFA Asset Management Corp acquired a new stake in QUALCOMM in the 1st quarter valued at $27,000. 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 valued at $26,000 after purchasing an additional 93 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its holdings in 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 valued at $26,000 after purchasing an additional 70 shares in the last quarter. Atticus Wealth Management LLC increased its holdings in QUALCOMM by 21,200.0% in the 2nd 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 in the last quarter. Finally, Abound Financial LLC acquired a new stake in QUALCOMM in the 1st quarter valued at $39,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

QUALCOMM Stock Performance

Shares of QCOM stock opened at $168.62 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $182.10. The company’s 50-day simple moving average is $159.66 and its 200-day simple moving average is $153.30. The stock has a market capitalization of $181.94 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 2.47 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, topping the consensus estimate of $2.71 by $0.06. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business had revenue of $10.37 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter last year, the company posted $2.33 earnings per share. The company’s quarterly 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. Equities analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

Insider Transactions at QUALCOMM

In other QUALCOMM news, CAO Neil Martin sold 791 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the transaction, the chief accounting officer owned 1,106 shares of the company’s stock, valued at $171,230.92. This trade represents a 41.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Patricia Y. Grech sold 273 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $161.42, for a total transaction of $44,067.66. Following the completion of the transaction, the chief accounting officer directly owned 404 shares in the company, valued at $65,213.68. This represents a 40.32% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 159,767 shares of company stock valued at $26,322,745 over the last ninety days. Insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on QCOM. Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the company an “outperform” rating in a research note on Monday, July 28th. Arete Research set a $200.00 target price on QUALCOMM in a research note on Tuesday, August 26th. Citigroup restated a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. Bank of America lowered their target price on QUALCOMM from $245.00 to $200.00 and set a “buy” rating for the company in a research note on Tuesday, June 17th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of QUALCOMM in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, QUALCOMM currently has a consensus rating of “Moderate Buy” and an average target price of $182.82.

QUALCOMM 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.