Cullinan Associates Inc. Purchases 5,685 Shares of QUALCOMM Incorporated $QCOM

Cullinan Associates Inc. raised its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 15.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,580 shares of the wireless technology company’s stock after acquiring an additional 5,685 shares during the quarter. Cullinan Associates Inc.’s holdings in QUALCOMM were worth $6,917,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in shares of QUALCOMM by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after acquiring an additional 9,343 shares during the period. Revolve Wealth Partners LLC lifted its holdings in QUALCOMM by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after purchasing an additional 340 shares during the last quarter. Parallel Advisors LLC boosted its position in QUALCOMM by 2.8% during the second quarter. Parallel Advisors LLC now owns 16,613 shares of the wireless technology company’s stock worth $2,646,000 after purchasing an additional 460 shares during the period. Apella Capital LLC raised its position in shares of QUALCOMM by 2.1% in the second quarter. Apella Capital LLC now owns 5,615 shares of the wireless technology company’s stock valued at $888,000 after purchasing an additional 113 shares during the period. Finally, NBC Securities Inc. raised its position in shares of QUALCOMM by 22.2% in the second quarter. NBC Securities Inc. now owns 10,992 shares of the wireless technology company’s stock valued at $1,750,000 after purchasing an additional 1,998 shares during the period. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Analyst/feature that highlights Qualcomm’s attractive risk/reward — strong free cash flow, disciplined capital returns, a 6.6% shareholder yield, and an emerging AI data‑center inferencing opportunity that could materially grow non‑handset revenue. Qualcomm: Underperforming Its Peers But Still Warrants Positive Attention
• Positive Sentiment: Strategic win: Volkswagen deal to power software‑defined vehicles (zonal architecture, Level‑4 driving, AI infotainment) through 2027 — a clear revenue-growth path in automotive/IoT that helps diversify away from handsets. Volkswagen-Qualcomm Deal Strengthens SDV and Autonomous Push
• Neutral Sentiment: Scenario analysis arguing the stock may be mispriced — presents multiple outcomes (upside if diversification/AI wins; downside if handset losses persist). Useful framework but outcome‑dependent. Qualcomm: 3 Scenarios, One Mispriced Stock
• Neutral Sentiment: Short‑interest data reported is unreliable/zero in the feed (no clear signal of a short squeeze or heavy shorting based on this dataset).
• Negative Sentiment: MarketBeat: Mizuho downgraded QCOM from Outperform to Neutral and cut its target to $175, citing Apple‑modem share losses, handset weakness and softer smartphone demand — the note sparked selling and flagged technical downside toward ~$160. Qualcomm: Wall Street’s Patience Is Wearing Thin
• Negative Sentiment: Zacks and MSN pieces highlight the stock trading down and investor concern that QCOM is underperforming the broader market amid handset/modem worries. Qualcomm (QCOM) Falls More Steeply Than Broader Market: What Investors Need to Know Qualcomm (QCOM) stock trades down, here is why
• Negative Sentiment: Forbes questions how far QCOM can fall after a recent ~7% drop over 21 trading days, pointing to renewed fears around handset demand and potential Apple modem share losses. How Low Can Qualcomm Stock Drop?
• Negative Sentiment: AmericanBankingNews reports Mizuho cut to Hold — reinforcing the downgrade narrative that pressured the stock. QUALCOMM (NASDAQ:QCOM) Cut to “Hold” at Mizuho

Analysts Set New Price Targets

Several analysts recently commented on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $185.00 target price on shares of QUALCOMM in a report on Tuesday, December 16th. Wells Fargo & Company boosted their price objective on QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a report on Thursday, November 6th. Susquehanna set a $210.00 target price on QUALCOMM in a research report on Thursday, November 6th. Piper Sandler lifted their price target on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Finally, UBS Group boosted their price target on QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $191.56.

Insiders Place Their Bets

In other news, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total value of $1,278,255.40. Following the completion of the transaction, the executive vice president directly owned 23,944 shares in the company, valued at approximately $4,262,750.32. The trade was a 23.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Patricia Y. Grech sold 513 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $160.95, for a total transaction of $82,567.35. Following the sale, the chief accounting officer directly owned 203 shares of the company’s stock, valued at approximately $32,672.85. This trade represents a 71.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 53,155 shares of company stock valued at $9,267,593 over the last 90 days. 0.08% of the stock is owned by company insiders.

QUALCOMM Trading Down 2.4%

Shares of QCOM stock opened at $165.29 on Wednesday. The stock has a market cap of $177.03 billion, a P/E ratio of 33.80, a price-to-earnings-growth ratio of 3.71 and a beta of 1.21. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. The stock has a 50 day simple moving average of $172.87 and a 200 day simple moving average of $165.64.

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

QUALCOMM 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.