Mraz Amerine & Associates Inc. Has $375,000 Stock Holdings in QUALCOMM Incorporated $QCOM

Mraz Amerine & Associates Inc. lowered its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 11.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 2,355 shares of the wireless technology company’s stock after selling 314 shares during the period. Mraz Amerine & Associates Inc.’s holdings in QUALCOMM were worth $375,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Motiv8 Investments LLC grew its position in QUALCOMM by 12.1% in the second quarter. Motiv8 Investments LLC now owns 7,473 shares of the wireless technology company’s stock valued at $1,190,000 after acquiring an additional 804 shares during the last quarter. Capital Advisors Inc. OK boosted its stake in shares of QUALCOMM by 53.5% in the 2nd quarter. Capital Advisors Inc. OK now owns 6,970 shares of the wireless technology company’s stock valued at $1,110,000 after purchasing an additional 2,428 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. grew its holdings in shares of QUALCOMM by 1.8% during the 2nd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 7,584 shares of the wireless technology company’s stock valued at $1,208,000 after purchasing an additional 132 shares during the last quarter. Relyea Zuckerberg Hanson LLC grew its holdings in shares of QUALCOMM by 24.3% during the 2nd quarter. Relyea Zuckerberg Hanson LLC now owns 3,622 shares of the wireless technology company’s stock valued at $577,000 after purchasing an additional 709 shares during the last quarter. Finally, Investors Asset Management of Georgia Inc. GA ADV increased its position in QUALCOMM by 59.4% during the 2nd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 2,752 shares of the wireless technology company’s stock worth $438,000 after purchasing an additional 1,025 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other QUALCOMM news, CAO Neil Martin sold 791 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total transaction of $122,462.62. Following the sale, the chief accounting officer owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. This represents a 41.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total value of $522,814.38. Following the sale, the chief financial officer owned 39,874 shares of the company’s stock, valued at approximately $6,254,635.64. The trade was a 7.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 159,767 shares of company stock worth $26,322,745. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Trading Down 0.3%

Shares of QCOM stock opened at $168.62 on Tuesday. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $182.10. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The stock has a market cap of $181.94 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 2.47 and a beta of 1.23. The stock has a 50-day moving average of $159.66 and a 200-day moving average of $153.30.

QUALCOMM (NASDAQ:QCOM) last announced its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.71 by $0.06. The business had revenue of $10.37 billion for the quarter, compared to analysts’ expectations of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, equities research analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on QCOM. Citigroup restated a “hold” rating on shares of QUALCOMM in a research report on Thursday, July 17th. Mizuho reduced their price objective on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the company an “outperform” rating in a research report on Monday, July 28th. Bank of America cut their price target on QUALCOMM from $245.00 to $200.00 and set a “buy” rating on the stock in a research note on Tuesday, June 17th. Finally, Arete raised QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a research note on Tuesday, August 26th. One 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.