Valeo Financial Advisors LLC Sells 22,937 Shares of QUALCOMM Incorporated $QCOM

Valeo Financial Advisors LLC lowered its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 52.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,509 shares of the wireless technology company’s stock after selling 22,937 shares during the quarter. Valeo Financial Advisors LLC’s holdings in QUALCOMM were worth $3,266,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Vermillion & White Wealth Management Group LLC raised its holdings in shares of QUALCOMM by 122.4% in the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 93 shares during the last quarter. Chung Wu Investment Group LLC bought a new stake in QUALCOMM in the 2nd quarter worth about $32,000. Harbor Asset Planning Inc. bought a new stake in QUALCOMM in the 2nd quarter worth about $32,000. Winnow Wealth LLC purchased a new stake in QUALCOMM in the 2nd quarter valued at about $32,000. Finally, Lavaca Capital LLC bought a new position in shares of QUALCOMM during the 2nd quarter worth approximately $32,000. 74.35% of the stock is currently owned by institutional investors.

Insider Buying and Selling at QUALCOMM

In other news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction on Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares in the company, valued at approximately $3,387,041.91. The trade was a 7.55% 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 the SEC website. Also, CAO Patricia Y. Grech sold 513 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $160.95, for a total value of $82,567.35. Following the sale, the chief accounting officer directly owned 203 shares in the company, valued at $32,672.85. This trade represents a 71.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 164,388 shares of company stock valued at $27,248,752 in the last quarter. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Wells Fargo & Company upped their target price on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a report on Thursday, November 6th. Mizuho upped their price objective on QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Bank of America boosted their price target on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Finally, TD Cowen raised their price objective on shares of QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $191.00.

QUALCOMM Stock Up 0.5%

Shares of NASDAQ QCOM opened at $179.26 on Tuesday. 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 stock has a market capitalization of $191.99 billion, a PE ratio of 36.66, a P/E/G ratio of 3.91 and a beta of 1.22. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The business’s fifty day moving average price is $170.94 and its 200-day moving average price is $162.53.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The business had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio is presently 72.80%.

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.