QUALCOMM Incorporated $QCOM Shares Sold by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC reduced its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 17.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,810 shares of the wireless technology company’s stock after selling 2,747 shares during the quarter. Checchi Capital Advisers LLC’s holdings in QUALCOMM were worth $2,040,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Oak Hill Wealth Advisors LLC lifted its holdings in QUALCOMM by 21.3% in the second quarter. Oak Hill Wealth Advisors LLC now owns 4,563 shares of the wireless technology company’s stock valued at $728,000 after acquiring an additional 800 shares during the period. Bank Hapoalim BM lifted its stake in shares of QUALCOMM by 79.5% in the second quarter. Bank Hapoalim BM now owns 28,248 shares of the wireless technology company’s stock valued at $4,499,000 after purchasing an additional 12,514 shares during the period. Sava Infond d.o.o. lifted its stake in shares of QUALCOMM by 50.5% in the second quarter. Sava Infond d.o.o. now owns 14,900 shares of the wireless technology company’s stock valued at $2,373,000 after purchasing an additional 5,000 shares during the period. Apexium Financial LP lifted its stake in shares of QUALCOMM by 10.0% in the second quarter. Apexium Financial LP now owns 2,513 shares of the wireless technology company’s stock valued at $400,000 after purchasing an additional 228 shares during the period. Finally, 111 Capital lifted its stake in shares of QUALCOMM by 68.1% in the second quarter. 111 Capital now owns 22,787 shares of the wireless technology company’s stock valued at $3,629,000 after purchasing an additional 9,234 shares during the period. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Price Performance

QUALCOMM stock opened at $169.18 on Friday. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $182.10. The firm has a fifty day moving average of $159.51 and a 200-day moving average of $153.25. The firm has a market capitalization of $182.55 billion, a P/E ratio of 16.31, a PEG ratio of 2.47 and a beta of 1.23. 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 released its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) 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 in the prior year, the business earned $2.33 earnings per share. The business’s quarterly revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were paid a $0.89 dividend. The ex-dividend date was Thursday, September 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. QUALCOMM’s dividend payout ratio (DPR) is 34.33%.

Analyst Ratings Changes

QCOM has been the subject of a number of research reports. Arete upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research report on Tuesday, August 26th. Sanford C. Bernstein set a $185.00 price objective on QUALCOMM and gave the stock an “outperform” rating in a report on Monday, July 28th. Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 price objective on shares of QUALCOMM in a report on Thursday, July 31st. UBS Group lifted their price target on QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Finally, Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.82.

Insiders Place Their Bets

In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total value of $24,834,000.00. Following the completion of the sale, the chief executive officer owned 149,304 shares of the company’s stock, valued at $24,718,770.24. This trade represents a 50.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 of the company’s stock, valued at approximately $34,510. The trade was a 49.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 159,767 shares of company stock valued at $26,322,745. Company insiders own 0.08% of the company’s stock.

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.