Teamwork Financial Advisors LLC decreased its holdings in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 47.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 13,341 shares of the wireless technology company’s stock after selling 12,271 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Qualcomm were worth $2,282,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in QCOM. waypoint wealth counsel increased its position in shares of Qualcomm by 2.2% in the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock valued at $476,000 after purchasing an additional 61 shares during the last quarter. Greykasell Wealth Strategies Inc. grew its stake in Qualcomm by 1.5% during the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock worth $686,000 after buying an additional 61 shares during the last quarter. Baron Wealth Management LLC increased its holdings in shares of Qualcomm by 4.5% in the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after acquiring an additional 62 shares during the period. Certified Advisory Corp increased its stake in 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 purchasing an additional 62 shares during the period. Finally, Elser Financial Planning Inc increased its position in Qualcomm by 3.7% in the 3rd 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 during the period. 74.35% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Qualcomm
In other news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president directly owned 16,393 shares in the company, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the transaction, the executive vice president directly owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,866 shares of company stock valued at $1,474,796 over the last 90 days. Insiders own 0.05% of the company’s stock.
Qualcomm Stock Performance
Qualcomm (NASDAQ:QCOM – Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. During the same period in the previous year, the firm earned $3.41 earnings per share. Qualcomm’s revenue for the quarter was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities analysts anticipate that Qualcomm Incorporated will post 9.39 earnings per share for the current year.
Qualcomm declared that its Board of Directors has approved a stock repurchase program on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.
Qualcomm Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be given a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.7%. Qualcomm’s payout ratio is 73.55%.
Analysts Set New Price Targets
QCOM has been the subject of a number of analyst reports. Cantor Fitzgerald cut their price objective on shares of Qualcomm from $185.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. DZ Bank raised Qualcomm to a “strong-buy” rating in a report on Tuesday, February 10th. Mizuho cut their target price on shares of Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Daiwa Securities Group downgraded Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price objective on the stock. in a research report on Wednesday, February 11th. Finally, Royal Bank Of Canada decreased their target price on shares of Qualcomm from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $168.00.
Check Out Our Latest Analysis on QCOM
Key Headlines Impacting Qualcomm
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Board approves a new $20 billion repurchase authorization, boosting total buyback capacity and signaling management confidence in buying back shares at current levels. QUALCOMM (QCOM): Board Approves New $20.0 billion Stock Repurchase Authorization
- Positive Sentiment: Shareholders reportedly dismissed China-risk concerns while greenlighting the $20B buyback, reducing a potential governance or geopolitical overhang. Qualcomm (QCOM) Stock: Shareholders Dismiss China Risk Concerns as $20B Buyback Gets Green Light
- Positive Sentiment: Qualcomm raised its quarterly dividend by ~3.4% and signaled stronger buyback activity, supported by solid cash flow — a near-term income/return cushion for investors. QCOM Hikes Dividend on Solid Cash Flow: Should You Stay Invested?
- Positive Sentiment: Multiple outlets highlight the $20B repurchase as a major reason to consider buying QCOM, framing the move as management taking advantage of a depressed share price. A $20 billion reason to buy Qualcomm stock now
- Neutral Sentiment: Analysts and investors debate whether Qualcomm is an AI bargain: long-term AI, automotive and robotics opportunities exist, but recent underperformance and limited AI data-center exposure temper enthusiasm. Qualcomm Could Be the Biggest AI Bargain of the Year
- Neutral Sentiment: Coverage pieces note Qualcomm’s dividend raise and buyback make it an income/value candidate at ~15x forward P/E, but caution that a 2026 earnings dip could keep volatility high. As Qualcomm Stock Raises Its Dividend, Is QCOM Stock a Buy
- Negative Sentiment: Seaport Research downgraded QCOM and set a $100 price target, warning the shares could fall more than 20% from current levels — a catalyst for selling pressure. QCOM Stock Warning: Why Analysts Warn Qualcomm Could Plunge More Than 20% from Here
- Negative Sentiment: Street-low price targets and fresh downgrades are cited as spooking analysts; after a large selloff, some argue downside risks from handset demand and memory shortages remain. Qualcomm Just Got a Street-Low Price Target—What’s Spooking Analysts?
About Qualcomm
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.
Further Reading
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