Prospera Financial Services Inc Sells 14,531 Shares of QUALCOMM Incorporated $QCOM

Prospera Financial Services Inc lessened its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 34.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,047 shares of the wireless technology company’s stock after selling 14,531 shares during the quarter. Prospera Financial Services Inc’s holdings in QUALCOMM were worth $4,471,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in QCOM. Vanguard Group Inc. increased its position in QUALCOMM by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 114,368,470 shares of the wireless technology company’s stock valued at $17,568,141,000 after buying an additional 638,284 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted its holdings in QUALCOMM by 656,661.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock worth $9,360,274,000 after acquiring an additional 58,764,593 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of QUALCOMM by 6.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 10,422,341 shares of the wireless technology company’s stock worth $1,600,976,000 after acquiring an additional 641,654 shares during the last quarter. Invesco Ltd. increased its holdings in shares of QUALCOMM by 2.2% during the first quarter. Invesco Ltd. now owns 9,846,093 shares of the wireless technology company’s stock valued at $1,512,458,000 after acquiring an additional 215,900 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of QUALCOMM by 5.3% in the 1st quarter. Ameriprise Financial Inc. now owns 9,389,620 shares of the wireless technology company’s stock worth $1,441,847,000 after purchasing an additional 471,648 shares during the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

QUALCOMM Stock Down 1.3%

Shares of QUALCOMM stock opened at $170.89 on Monday. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The company’s 50 day moving average is $167.46 and its 200 day moving average is $158.15. The company has a market cap of $183.02 billion, a price-to-earnings ratio of 16.48, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. The business had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio is 72.80%.

Insider Transactions at QUALCOMM

In other QUALCOMM news, 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 value of $44,067.66. Following the transaction, the chief accounting officer directly owned 404 shares of the company’s stock, valued at approximately $65,213.68. This trade represents a 40.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Cristiano R. Amon sold 150,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the sale, the chief executive officer directly owned 149,304 shares of the company’s stock, valued at $24,718,770.24. The trade was a 50.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 163,169 shares of company stock worth $26,978,998 in the last ninety days. Insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on QCOM. Piper Sandler increased their price objective on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday. Arete upgraded shares of 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. TD Cowen raised their price target on shares of QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday. Arete Research set a $200.00 price objective on QUALCOMM in a research report on Tuesday, August 26th. Finally, Susquehanna set a $210.00 target price on QUALCOMM in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, QUALCOMM currently has an average rating of “Moderate Buy” and a consensus target price of $190.38.

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.