QUALCOMM Incorporated $QCOM Shares Sold by Spire Wealth Management

Spire Wealth Management trimmed its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOMFree Report) by 51.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,916 shares of the wireless technology company’s stock after selling 5,260 shares during the period. Spire Wealth Management’s holdings in QUALCOMM were worth $818,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Brighton Jones LLC raised its position in shares of QUALCOMM by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after purchasing an additional 9,343 shares during the period. Revolve Wealth Partners LLC grew its stake in QUALCOMM by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after buying an additional 340 shares during the last quarter. Modern Wealth Management LLC grew its stake in QUALCOMM by 5.3% during the 1st quarter. Modern Wealth Management LLC now owns 10,936 shares of the wireless technology company’s stock worth $1,680,000 after buying an additional 555 shares during the last quarter. Voya Investment Management LLC increased its position in QUALCOMM by 9.1% in the first quarter. Voya Investment Management LLC now owns 462,731 shares of the wireless technology company’s stock worth $71,080,000 after buying an additional 38,755 shares during the period. Finally, Cullen Investment Group LTD. lifted its stake in QUALCOMM by 7.4% in the second quarter. Cullen Investment Group LTD. now owns 11,000 shares of the wireless technology company’s stock valued at $1,752,000 after buying an additional 756 shares during the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

More QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

  • Positive Sentiment: Analysts are rethinking Qualcomm’s investment story after new AI and Android-related announcements at CES, highlighting stronger on-device AI positioning and a broader competitive footprint that could lift long‑term growth expectations. Read More.
  • Positive Sentiment: QCOM expanded automotive wins: a Hyundai Mobis partnership to co-develop software-defined vehicles and ADAS using Snapdragon Ride Flex — this could accelerate recurring software/processor revenue from autos. Read More.
  • Positive Sentiment: Qualcomm struck a long‑term supply deal to provide infotainment tech for Volkswagen’s new software platform, reinforcing automotive content gains and multi-year revenue visibility. Read More.
  • Positive Sentiment: JPMorgan and other CES takeaways show Qualcomm’s Snapdragon platforms are moving deeper into PCs and high‑end laptops, expanding TAM beyond phones and supporting the company’s diversification narrative. Read More.
  • Positive Sentiment: Qualcomm showcased robot and AI compute use cases at CES (and in an investor video explaining humanoid-robot deployments), signaling on-device AI traction that supports higher-margin, software-enabled opportunities. Read More.Read More.
  • Neutral Sentiment: Technicals: MarketBeat notes Qualcomm is pressing a key resistance (~$183) after a tightening wedge; a decisive breakout could be bullish, but failure would keep the stock range‑bound — important near-term chart risk/reward ahead of earnings. Read More.
  • Neutral Sentiment: Earnings preview: Analysts expect a modest, single‑digit EPS decline for the coming quarter, making the upcoming report a key catalyst — upside beats could drive a sharp move, misses could amplify downside. Read More.
  • Neutral Sentiment: Increased investor attention noted by Zacks — higher search/flow can magnify moves in either direction as earnings approach. Read More.
  • Negative Sentiment: Mizuho downgraded Qualcomm citing growing handset headwinds — persistent weakness in smartphone volumes/pricing could pressure near‑term earnings and margins, countering diversification gains. Read More.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on QCOM shares. Citigroup upped their price target on shares of QUALCOMM from $170.00 to $175.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Mizuho set a $175.00 target price on shares of QUALCOMM and gave the company a “neutral” rating in a research note on Friday. TD Cowen upped their target price 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 QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $185.00 price objective on shares of QUALCOMM in a report on Tuesday, December 16th. Twelve research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $191.56.

View Our Latest Stock Report on QUALCOMM

QUALCOMM Stock Performance

QCOM opened at $177.78 on Friday. The business has a 50 day moving average price of $173.25 and a two-hundred day moving average price of $165.44. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The company has a market capitalization of $190.40 billion, a price-to-earnings ratio of 36.36, a price-to-earnings-growth ratio of 3.89 and a beta of 1.21. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95.

QUALCOMM (NASDAQ:QCOMGet Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. The company had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

Insider Transactions at QUALCOMM

In other QUALCOMM news, CAO Patricia Y. Grech sold 203 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alexander H. Rogers sold 15,917 shares of QUALCOMM stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 26,071 shares in the company, valued at $4,640,898.71. This represents a 37.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 53,155 shares of company stock valued at $9,267,593 in the last quarter. 0.08% of the stock is owned by company insiders.

QUALCOMM Profile

(Free Report)

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.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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