Nordea Investment Management AB Acquires 72,513 Shares of QUALCOMM Incorporated $QCOM

Nordea Investment Management AB boosted its holdings in QUALCOMM Incorporated (NASDAQ:QCOMFree Report) by 3.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,367,971 shares of the wireless technology company’s stock after purchasing an additional 72,513 shares during the period. Nordea Investment Management AB’s holdings in QUALCOMM were worth $394,291,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of QCOM. Harbor Capital Advisors Inc. boosted its holdings in QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 65 shares during the period. Chung Wu Investment Group LLC bought a new stake in QUALCOMM during the 2nd quarter valued at $32,000. Harbor Asset Planning Inc. purchased a new stake in QUALCOMM during the 2nd quarter valued at $32,000. Winnow Wealth LLC purchased a new position in shares of QUALCOMM in the second quarter valued at about $32,000. Finally, Lavaca Capital LLC bought a new position in shares of QUALCOMM during the second quarter valued at about $32,000. 74.35% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $172.87, for a total value of $276,592.00. Following the transaction, the insider owned 19,593 shares in the company, valued at approximately $3,387,041.91. This represents a 7.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the transaction, the executive vice president owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. The trade was a 23.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 53,155 shares of company stock worth $9,267,593 over the last quarter. 0.08% of the stock is owned by insiders.

QUALCOMM News Roundup

Here are the key news stories impacting QUALCOMM this week:

QUALCOMM Price Performance

Shares of NASDAQ QCOM opened at $169.27 on Tuesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The company has a 50 day simple moving average of $173.02 and a two-hundred day simple moving average of $165.59. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95. The company has a market capitalization of $181.29 billion, a price-to-earnings ratio of 34.62, a P/E/G ratio of 3.89 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOMGet Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The business had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. During the same quarter in the previous year, the business earned $2.69 earnings per share. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

Analyst Ratings Changes

QCOM has been the topic of a number of research analyst reports. Mizuho set a $175.00 price target on QUALCOMM and gave the company a “neutral” rating in a report on Friday. TD Cowen boosted their target price on QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Citigroup upped their target price on QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a report on Tuesday, October 28th. Cowen restated a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Finally, Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $191.56.

Check Out Our Latest Report on QCOM

QUALCOMM Profile

(Free Report)

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.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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