Stiles Financial Services Inc Has $4.80 Million Stake in QUALCOMM Incorporated $QCOM

Stiles Financial Services Inc boosted its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 6.8% in the second quarter, HoldingsChannel.com reports. The firm owned 30,162 shares of the wireless technology company’s stock after acquiring an additional 1,917 shares during the period. QUALCOMM accounts for approximately 1.7% of Stiles Financial Services Inc’s investment portfolio, making the stock its 9th biggest holding. Stiles Financial Services Inc’s holdings in QUALCOMM were worth $4,804,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of QCOM. Kingstone Capital Partners Texas LLC boosted its position in QUALCOMM by 656,661.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock valued at $9,360,274,000 after buying an additional 58,764,593 shares during the last quarter. Nuveen LLC acquired a new position in shares of QUALCOMM during the 1st quarter worth approximately $529,713,000. Goldman Sachs Group Inc. raised its stake in shares of QUALCOMM by 24.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,254,759 shares of the wireless technology company’s stock worth $1,114,403,000 after buying an additional 1,407,797 shares during the period. Deutsche Bank AG raised its stake in shares of QUALCOMM by 11.2% during the 1st quarter. Deutsche Bank AG now owns 8,665,910 shares of the wireless technology company’s stock worth $1,331,170,000 after buying an additional 875,412 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of QUALCOMM by 84.6% during the 1st quarter. AQR Capital Management LLC now owns 1,544,011 shares of the wireless technology company’s stock worth $230,444,000 after buying an additional 707,615 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM Stock Performance

QUALCOMM stock opened at $165.66 on Friday. The firm has a market capitalization of $178.75 billion, a P/E ratio of 15.97, a PEG ratio of 2.45 and a beta of 1.23. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The stock has a fifty day moving average price of $160.28 and a 200 day moving average price of $153.52. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $182.10.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, topping the consensus estimate of $2.71 by $0.06. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The company had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same period in the prior year, the firm posted $2.33 earnings per share. The firm’s revenue was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

QCOM has been the subject of several recent research reports. Mizuho reduced their price objective on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research note on Thursday, July 31st. Arete upgraded QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a report on Tuesday, August 26th. Bank of America decreased their price objective on QUALCOMM from $245.00 to $200.00 and set a “buy” rating for the company in a research note on Tuesday, June 17th. Finally, Piper Sandler cut their target price on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $182.82.

Insiders Place Their Bets

In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the transaction, the chief executive officer owned 149,304 shares of the company’s stock, valued at $24,718,770.24. This trade represents a 50.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Patricia Y. Grech sold 201 shares of QUALCOMM stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $170.00, for a total value of $34,170.00. Following the sale, the chief accounting officer directly owned 203 shares in the company, valued at $34,510. The trade was a 49.75% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 159,767 shares of company stock valued at $26,322,745. Company insiders own 0.08% of the company’s stock.

QUALCOMM Profile

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.