QUALCOMM Incorporated $QCOM Shares Sold by BDF Gestion

BDF Gestion lessened its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 9.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,232 shares of the wireless technology company’s stock after selling 2,314 shares during the quarter. BDF Gestion’s holdings in QUALCOMM were worth $3,381,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in QCOM. Rise Advisors LLC increased its position in QUALCOMM by 6.7% during the first quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company’s stock worth $161,000 after acquiring an additional 66 shares during the period. Bell Investment Advisors Inc grew its position in QUALCOMM by 4.6% in the 1st quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company’s stock worth $231,000 after purchasing an additional 66 shares during the last quarter. Collaborative Wealth Managment Inc. raised its position in shares of QUALCOMM by 5.1% during the first quarter. Collaborative Wealth Managment Inc. now owns 1,412 shares of the wireless technology company’s stock valued at $217,000 after buying an additional 69 shares during the last quarter. Thoroughbred Financial Services LLC raised its position in shares of QUALCOMM by 0.3% during the first quarter. Thoroughbred Financial Services LLC now owns 25,254 shares of the wireless technology company’s stock valued at $3,879,000 after buying an additional 69 shares during the last quarter. Finally, Quadcap Wealth Management LLC lifted its stake in shares of QUALCOMM by 0.6% in the first quarter. Quadcap Wealth Management LLC now owns 12,209 shares of the wireless technology company’s stock valued at $1,875,000 after buying an additional 69 shares during the period. 74.35% of the stock is owned by institutional investors and hedge funds.

QUALCOMM Trading Down 0.8%

Shares of QUALCOMM stock opened at $166.85 on Friday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10. The stock has a market capitalization of $180.03 billion, a P/E ratio of 16.09, a price-to-earnings-growth ratio of 2.45 and a beta of 1.21. The company has a 50-day simple moving average of $157.04 and a 200 day simple moving average of $152.40. 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 (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.06. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The company had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same quarter last year, the business posted $2.33 earnings per share. The company’s revenue was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be issued a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.1%. The ex-dividend date is Thursday, September 4th. QUALCOMM’s dividend payout ratio is currently 34.33%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on QCOM shares. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Piper Sandler lowered their price objective on QUALCOMM from $190.00 to $175.00 and set an “overweight” 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 stock an “outperform” rating in a research report on Monday, July 28th. Citigroup reiterated a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. Finally, Mizuho dropped their price objective on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, QUALCOMM has a consensus rating of “Moderate Buy” and a consensus price target of $182.82.

Insider Buying and Selling at QUALCOMM

In other 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 transaction of $44,067.66. Following the sale, the chief accounting officer owned 404 shares of the company’s stock, valued at $65,213.68. This trade represents a 40.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the company’s 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 transaction, the chief financial officer directly owned 39,874 shares of the company’s stock, valued at $6,254,635.64. This represents a 7.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,899 shares of company stock valued at $1,992,121 in the last three months. Insiders own 0.08% of the company’s stock.

About QUALCOMM

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.