Wilmington Savings Fund Society FSB Sells 3,362 Shares of QUALCOMM Incorporated $QCOM

Wilmington Savings Fund Society FSB lessened its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 6.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 52,880 shares of the wireless technology company’s stock after selling 3,362 shares during the period. Wilmington Savings Fund Society FSB’s holdings in QUALCOMM were worth $8,797,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of QCOM. BXM Wealth LLC raised its stake in shares of QUALCOMM by 19.7% in the third quarter. BXM Wealth LLC now owns 4,349 shares of the wireless technology company’s stock worth $724,000 after buying an additional 715 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in QUALCOMM by 0.3% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 298,156 shares of the wireless technology company’s stock worth $49,601,000 after acquiring an additional 822 shares in the last quarter. BCS Private Wealth Management Inc. increased its holdings in QUALCOMM by 4.7% in the 3rd quarter. BCS Private Wealth Management Inc. now owns 15,665 shares of the wireless technology company’s stock worth $2,606,000 after acquiring an additional 700 shares in the last quarter. Octavia Wealth Advisors LLC raised its stake in QUALCOMM by 19.3% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 7,187 shares of the wireless technology company’s stock worth $1,196,000 after acquiring an additional 1,165 shares during the period. Finally, Procyon Advisors LLC lifted its holdings in QUALCOMM by 12.3% during the third quarter. Procyon Advisors LLC now owns 28,002 shares of the wireless technology company’s stock valued at $4,658,000 after purchasing an additional 3,066 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a research note on Monday, December 29th. Susquehanna set a $210.00 price target on QUALCOMM in a research note on Thursday, November 6th. Rosenblatt Securities reissued a “buy” rating and set a $225.00 price target on shares of QUALCOMM in a report on Thursday, November 6th. Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Finally, UBS Group increased their target price on QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Twelve equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $190.95.

Insider Buying and Selling at QUALCOMM

In other news, CAO Patricia Y. Grech sold 203 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $170.00, for a total transaction of $34,510.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the completion of the sale, the insider owned 19,593 shares in the company, valued at $3,387,041.91. This represents a 7.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 53,155 shares of company stock worth $9,267,593. Company insiders own 0.08% of the company’s stock.

QUALCOMM Trading Down 1.9%

Shares of QUALCOMM stock opened at $161.39 on Friday. The firm has a market cap of $172.85 billion, a price-to-earnings ratio of 33.00, a PEG ratio of 3.60 and a beta of 1.21. The business has a 50-day moving average price of $172.33 and a 200-day moving average price of $165.60. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results 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 company had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the business earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

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.