Qualcomm Incorporated $QCOM Shares Sold by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. decreased its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 21.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,430 shares of the wireless technology company’s stock after selling 8,579 shares during the quarter. Valley Wealth Managers Inc.’s holdings in Qualcomm were worth $4,048,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of QCOM. AIA Group Ltd lifted its position in Qualcomm by 13.0% in the 1st quarter. AIA Group Ltd now owns 84,471 shares of the wireless technology company’s stock valued at $10,878,000 after purchasing an additional 9,696 shares during the last quarter. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Qualcomm in the first quarter valued at approximately $393,000. Arjuna Capital raised its holdings in shares of Qualcomm by 2.4% during the first quarter. Arjuna Capital now owns 9,717 shares of the wireless technology company’s stock valued at $1,251,000 after buying an additional 229 shares during the last quarter. Ascent Wealth Partners LLC raised its holdings in shares of Qualcomm by 2.0% during the first quarter. Ascent Wealth Partners LLC now owns 39,669 shares of the wireless technology company’s stock valued at $5,109,000 after buying an additional 770 shares during the last quarter. Finally, Paces Ferry Wealth Advisors LLC boosted its position in shares of Qualcomm by 11.8% during the first quarter. Paces Ferry Wealth Advisors LLC now owns 3,026 shares of the wireless technology company’s stock worth $390,000 after buying an additional 320 shares during the period. Institutional investors own 74.35% of the company’s stock.

Insider Transactions at Qualcomm

In other news, CEO Cristiano R. Amon sold 10,000 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $180.00, for a total value of $1,800,000.00. Following the sale, the chief executive officer owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. The trade was a 4.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction on Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total value of $452,025.00. Following the completion of the sale, the executive vice president owned 23,184 shares of the company’s stock, valued at approximately $4,191,899.04. This trade represents a 9.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 21,721 shares of company stock worth $4,044,465 over the last 90 days. 0.05% of the stock is currently owned by corporate insiders.

Qualcomm Trading Up 0.7%

Qualcomm stock opened at $171.78 on Friday. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The stock has a market capitalization of $181.06 billion, a PE ratio of 18.67, a price-to-earnings-growth ratio of 5.11 and a beta of 1.63. The firm has a 50 day simple moving average of $207.62 and a 200-day simple moving average of $168.42.

Qualcomm (NASDAQ:QCOM) last announced its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.56 by $0.09. The firm had revenue of $10.60 billion for the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities research analysts expect that Qualcomm Incorporated will post 7.97 EPS for the current fiscal year.

Qualcomm Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be given a dividend of $0.92 per share. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.1%. Qualcomm’s dividend payout ratio (DPR) is 40.00%.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm announced a quarterly cash dividend of $0.92 per share, reinforcing shareholder returns and supporting the stock’s income appeal. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: Micron said it signed long-term supply agreements with Qualcomm and other partners for memory and storage components used in AI-enabled vehicles, which highlights Qualcomm’s push into automotive AI and could improve supply reliability. Micron signs deals with Qualcomm, others for AI-powered automobile chip components
• Positive Sentiment: Qualcomm’s automotive AI expansion was further emphasized in reporting on new long-term auto supply deals, which may support longer-term growth expectations for its chip platforms. Qualcomm Secures Long Term Auto Supply Deals To Back AI Vehicles
• Neutral Sentiment: Qualcomm remains a dividend payer and was featured among legacy tech names offering shareholder yields, which is more of a stability signal than a direct catalyst. 4 Tech Stocks Throwing Off Dividends
• Negative Sentiment: GF Securities initiated coverage with a Hold rating, saying there is still not enough visibility on Qualcomm’s AI250 outlook, adding to caution around near-term upside. Qualcomm Slips 2% After GF Securities Starts Coverage With Hold Rating
• Negative Sentiment: KeyCorp lowered earnings estimates across multiple future periods, including FY2026 and FY2027, signaling some concern about Qualcomm’s profit trajectory. Qualcomm Incorporated stock page

Analysts Set New Price Targets

A number of brokerages recently issued reports on QCOM. Morgan Stanley raised Qualcomm from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $146.00 to $231.00 in a report on Thursday, June 25th. Freedom Capital downgraded Qualcomm from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qualcomm in a research report on Wednesday, June 24th. Robert W. Baird set a $300.00 price target on Qualcomm in a research note on Friday, May 1st. Finally, Craig Hallum lowered Qualcomm from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-one have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $221.31.

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.