QUALCOMM Incorporated $QCOM Position Reduced by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 7.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 134,971 shares of the wireless technology company’s stock after selling 11,273 shares during the period. Yousif Capital Management LLC’s holdings in QUALCOMM were worth $22,454,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Vermillion & White Wealth Management Group LLC increased its holdings in QUALCOMM by 122.4% in 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 buying an additional 93 shares during the last quarter. Chung Wu Investment Group LLC bought a new position in QUALCOMM during the 2nd quarter worth approximately $32,000. Harbor Asset Planning Inc. acquired a new position in shares of QUALCOMM in the 2nd quarter worth approximately $32,000. Winnow Wealth LLC bought a new stake in shares of QUALCOMM in the 2nd quarter valued at approximately $32,000. Finally, Lavaca Capital LLC acquired a new stake in shares of QUALCOMM during the 2nd quarter valued at approximately $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In other news, EVP Akash J. Palkhiwala sold 10,000 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the transaction, the executive vice president directly owned 44,803 shares of the company’s stock, valued at approximately $7,845,901.36. This trade represents a 18.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Alexander H. Rogers sold 15,917 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the sale, the executive vice president directly owned 26,071 shares of the company’s stock, valued at $4,640,898.71. The trade was a 37.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 199,822 shares of company stock valued at $33,523,984. 0.08% of the stock is currently owned by insiders.

QUALCOMM Stock Performance

Shares of QCOM opened at $174.22 on Tuesday. The firm has a fifty day moving average of $172.09 and a 200-day moving average of $163.48. The company has a market cap of $186.59 billion, a price-to-earnings ratio of 35.63, a price-to-earnings-growth ratio of 3.84 and a beta of 1.22. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.13. The firm had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. QUALCOMM’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the firm posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, equities analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Thursday, December 4th. QUALCOMM’s payout ratio is 72.80%.

Wall Street Analyst Weigh In

A number of research firms have commented on QCOM. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $185.00 price objective on shares of QUALCOMM in a report on Tuesday, December 16th. TD Cowen raised their price target on shares of QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Piper Sandler lifted their price target on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. boosted their price objective on shares of QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Finally, Wells Fargo & Company raised their target price on shares of QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a report on Thursday, November 6th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $192.94.

About QUALCOMM

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.