Y.D. More Investments Ltd Lowers Stock Holdings in Qualcomm Incorporated $QCOM

Y.D. More Investments Ltd lowered its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 85.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 690 shares of the wireless technology company’s stock after selling 4,054 shares during the period. Y.D. More Investments Ltd’s holdings in Qualcomm were worth $89,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Your Advocates Ltd. LLP purchased a new position in Qualcomm in the 1st quarter valued at $26,000. Richardson Financial Services Inc. raised its position in Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after buying an additional 80 shares during the last quarter. Torren Management LLC purchased a new position in Qualcomm during the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 170 shares during the period. Finally, Birchwood Financial Partners Inc. acquired a new stake in shares of Qualcomm in the 4th quarter worth $31,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president owned 23,184 shares of the company’s stock, valued at approximately $4,191,899.04. The trade was a 9.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 21,721 shares of company stock valued at $4,044,465 over the last three months. Insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

NASDAQ:QCOM opened at $178.10 on Wednesday. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $187.72 billion, a P/E ratio of 19.36, a price-to-earnings-growth ratio of 5.47 and a beta of 1.63. The firm has a 50-day moving average price of $209.51 and a two-hundred day moving average price of $168.41. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92.

Qualcomm (NASDAQ:QCOM) last announced its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating analysts’ consensus estimates 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%.Qualcomm’s quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, research analysts expect that Qualcomm Incorporated will post 7.96 earnings per share for the current fiscal year.

Qualcomm announced that its Board of Directors has approved a share repurchase program on Tuesday, March 17th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on QCOM. Rosenblatt Securities lifted their target price on shares of Qualcomm from $190.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Monness Crespi & Hardt upgraded shares of Qualcomm to a “buy” rating in a research report on Thursday, June 25th. Guggenheim set a $200.00 price target on Qualcomm in a report on Monday, June 22nd. Zacks Research raised Qualcomm from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Finally, Benchmark lifted their price target on Qualcomm from $225.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Qualcomm has an average rating of “Hold” and a consensus target price of $221.31.

Qualcomm Company Profile

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.