QUALCOMM Incorporated $QCOM Shares Sold by Sepio Capital LP

Sepio Capital LP cut its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 12.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,860 shares of the wireless technology company’s stock after selling 2,201 shares during the period. Sepio Capital LP’s holdings in QUALCOMM were worth $2,367,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Vermillion & White Wealth Management Group LLC raised its holdings in QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after buying an additional 93 shares during the period. Chung Wu Investment Group LLC acquired a new position in shares of QUALCOMM in the second quarter worth about $32,000. Harbor Asset Planning Inc. purchased a new position in shares of QUALCOMM in the second quarter worth approximately $32,000. Winnow Wealth LLC acquired a new stake in shares of QUALCOMM during the second quarter valued at approximately $32,000. Finally, Atticus Wealth Management LLC raised its holdings in shares of QUALCOMM by 21,200.0% during the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after acquiring an additional 212 shares during the period. 74.35% of the stock is owned by hedge funds and other institutional investors.

QUALCOMM Stock Performance

Shares of NASDAQ QCOM opened at $167.79 on Monday. The business’s 50-day moving average price is $169.36 and its two-hundred day moving average price is $160.50. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The company has a market capitalization of $179.70 billion, a P/E ratio of 16.18, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26.

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

QUALCOMM Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on QCOM shares. Citigroup raised their price objective on shares of QUALCOMM from $170.00 to $175.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Wells Fargo & Company upped their price target on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Thursday, November 6th. Wall Street Zen raised QUALCOMM from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Mizuho lifted their target price on QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. One equities research 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’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $190.38.

Insider Buying and Selling at QUALCOMM

In related news, CAO Patricia Y. Grech sold 513 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $160.95, for a total value of $82,567.35. Following the completion of the sale, the chief accounting officer directly owned 203 shares in the company, valued at approximately $32,672.85. This represents a 71.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Heather S. Ace sold 1,600 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the transaction, the insider directly owned 19,593 shares in the company, valued at $3,387,041.91. The trade was a 7.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 167,791 shares of company stock valued at $27,781,124. 0.08% of the stock is currently owned by insiders.

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.