Qualcomm Incorporated $QCOM Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. decreased its position in Qualcomm Incorporated (NASDAQ:QCOM) by 7.0% during the 4th quarter, Holdings Channel reports. The firm owned 110,250 shares of the wireless technology company’s stock after selling 8,266 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Qualcomm were worth $18,858,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Greykasell Wealth Strategies Inc. grew its holdings in Qualcomm by 1.5% in the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after purchasing an additional 61 shares during the last quarter. Certified Advisory Corp lifted its position in shares of Qualcomm by 0.6% in the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock valued at $1,678,000 after acquiring an additional 62 shares in the last quarter. Elser Financial Planning Inc lifted its position in shares of Qualcomm by 3.7% in the third quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock valued at $297,000 after acquiring an additional 63 shares in the last quarter. ProVise Management Group LLC lifted its position in shares of Qualcomm by 2.6% in the third quarter. ProVise Management Group LLC now owns 2,560 shares of the wireless technology company’s stock valued at $426,000 after acquiring an additional 64 shares in the last quarter. Finally, Baker Tilly Wealth Management LLC lifted its position in shares of Qualcomm by 1.0% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 6,401 shares of the wireless technology company’s stock valued at $1,095,000 after acquiring an additional 64 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Q2 earnings beat and margin strength — Qualcomm reported Q2 non‑GAAP EPS of $2.65 (above consensus) with broad profitability and strength in automotive and licensing, which gave the bull case a near‑term lift. Yahoo: Qualcomm (QCOM) Posts Stellar Q2
• Positive Sentiment: AI/data‑center catalyst — CEO comments that Qualcomm will begin shipping a custom data‑center chip to “a large hyperscaler” this year drove optimism that the company can materially diversify revenue beyond handsets. Reuters: Qualcomm shares jump
• Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms moved more bullish (e.g., Benchmark raised its target to $225 and Rosenblatt reaffirmed buy), adding dealer support to the rally. Benzinga: Analyst moves
• Positive Sentiment: Independent upgrade — Summit Insights upgraded QCOM to “Buy,” contributing to buy‑side momentum. American Banking News: Summit Insights upgrade
• Neutral Sentiment: Technicals and momentum — Chart analysts note a technical breakout/shift in momentum after a period of underperformance, which can attract momentum traders but increases short‑term volatility. Barron’s: Technicals
• Neutral Sentiment: Clustered price‑target moves — Several firms lifted targets into the $160+ area (some to $160, others higher), reflecting diverging analyst views on AI/data‑center upside versus handset/memory risks. 247wallst: Price target moves
• Negative Sentiment: Weaker Q3 guidance and memory‑supply headwind — Qualcomm guided Q3 below Street revenue/earnings expectations (EPS guide $2.10–$2.30; revenue $9.2B–$10.0B), citing a memory shortage that could pressure handset demand in the near term. That was the main reason for initial post‑earnings weakness. Reuters: Forecast underwhelms
• Negative Sentiment: Insider selling disclosure — A CAO sale of 192 shares was filed (executed under a Rule 10b5‑1 plan); while small and pre‑arranged, recurring insider sales elsewhere have been highlighted by data aggregators and may be watched by investors. InsiderTrades: Insider sale

Analysts Set New Price Targets

Several analysts have recently issued reports on QCOM shares. JPMorgan Chase & Co. upped their price objective on Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a research report on Thursday. TD Cowen upped their price objective on Qualcomm from $150.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday. Benchmark upped their price objective on Qualcomm from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday. Royal Bank Of Canada upped their price objective on Qualcomm from $150.00 to $175.00 and gave the company a “sector perform” rating in a research report on Thursday. Finally, Loop Capital upgraded Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price objective on the stock in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Qualcomm has a consensus rating of “Hold” and an average target price of $165.88.

Qualcomm Stock Performance

NASDAQ QCOM opened at $179.58 on Friday. The business’s 50-day moving average price is $135.69 and its 200 day moving average price is $155.33. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $205.95. The company has a market capitalization of $191.61 billion, a PE ratio of 19.52 and a beta of 1.28. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a return on equity of 43.63% and a net margin of 22.31%.The firm had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. During the same period in the prior year, the business posted $2.85 earnings per share. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, research analysts predict that Qualcomm Incorporated will post 8.21 earnings per share for the current year.

Qualcomm Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be given a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 2.0%. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm’s dividend payout ratio (DPR) is currently 40.00%.

Qualcomm declared that its board has approved a share repurchase program on Tuesday, March 17th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In related news, CAO Patricia Y. Grech sold 192 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $172.00, for a total transaction of $33,024.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the transaction, the executive vice president owned 35,599 shares in the company, valued at $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 9,310 shares of company stock worth $1,266,729. 0.05% of the stock is owned by company insiders.

Qualcomm Profile

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.