PDS Planning Inc Purchases 345 Shares of QUALCOMM Incorporated $QCOM

PDS Planning Inc grew its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 7.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,105 shares of the wireless technology company’s stock after buying an additional 345 shares during the quarter. PDS Planning Inc’s holdings in QUALCOMM were worth $813,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC grew its stake in shares of QUALCOMM by 122.4% during the first 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 during the last quarter. Atlantic Edge Private Wealth Management LLC grew its stake in shares of QUALCOMM by 70.0% during the first 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 during the last quarter. Chung Wu Investment Group LLC bought a new stake in shares of QUALCOMM during the second quarter valued at approximately $32,000. Atticus Wealth Management LLC grew its stake in shares of QUALCOMM by 21,200.0% during the second 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 during the last quarter. Finally, Abound Financial LLC bought a new stake in shares of QUALCOMM during the first quarter valued at approximately $39,000. 74.35% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Patricia Y. Grech sold 201 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $170.00, for a total transaction of $34,170.00. Following the sale, the chief accounting officer directly owned 203 shares in the company, valued at $34,510. This trade represents a 49.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of the firm’s stock in a transaction 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 sale, the insider owned 21,193 shares in the company, valued at approximately $3,102,655.20. The trade was a 7.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 159,767 shares of company stock worth $26,322,745 over the last 90 days. 0.08% of the stock is currently owned by corporate insiders.

QUALCOMM Price Performance

QCOM opened at $153.64 on Friday. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $182.10. The company has a fifty day simple moving average of $160.39 and a 200 day simple moving average of $153.48. The stock has a market cap of $165.77 billion, a P/E ratio of 14.82, a P/E/G ratio of 2.42 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the prior year, the company earned $2.33 EPS. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Rosenblatt Securities reissued a “buy” rating and set a $225.00 price target on shares of QUALCOMM in a research note on Thursday, July 31st. Sanford C. Bernstein set a $185.00 price target on shares of QUALCOMM and gave the company an “outperform” rating in a research note on Monday, July 28th. Piper Sandler reduced their price objective on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a research note on Thursday, July 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of QUALCOMM in a research note on Wednesday. Finally, JPMorgan Chase & Co. raised their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, QUALCOMM currently has a consensus rating of “Moderate Buy” and an average target price of $182.82.

QUALCOMM Company 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.