UniSuper Management Pty Ltd Sells 4,170 Shares of QUALCOMM Incorporated $QCOM

UniSuper Management Pty Ltd cut its stake in QUALCOMM Incorporated (NASDAQ:QCOMFree Report) by 1.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 253,035 shares of the wireless technology company’s stock after selling 4,170 shares during the quarter. UniSuper Management Pty Ltd’s holdings in QUALCOMM were worth $42,095,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in QCOM. UG Investment Advisers Ltd. grew its stake in QUALCOMM by 53.4% during the third quarter. UG Investment Advisers Ltd. now owns 888,660 shares of the wireless technology company’s stock valued at $147,837,000 after acquiring an additional 309,273 shares in the last quarter. Westfuller Advisors LLC bought a new position in QUALCOMM in the third quarter valued at $120,000. Delta Financial Advisors LLC increased its position in shares of QUALCOMM by 6.5% during the 3rd quarter. Delta Financial Advisors LLC now owns 3,937 shares of the wireless technology company’s stock valued at $655,000 after purchasing an additional 241 shares during the last quarter. Tranquilli Financial Advisor LLC grew its position in QUALCOMM by 3.9% during the third quarter. Tranquilli Financial Advisor LLC now owns 2,402 shares of the wireless technology company’s stock valued at $400,000 after acquiring an additional 90 shares during the last quarter. Finally, Jmac Enterprises LLC grew its holdings in shares of QUALCOMM by 12.5% during the 3rd quarter. Jmac Enterprises LLC now owns 5,400 shares of the wireless technology company’s stock valued at $898,000 after purchasing an additional 600 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on QCOM. JPMorgan Chase & Co. upped their price target on shares of QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Wall Street Zen cut QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Cantor Fitzgerald restated a “neutral” rating and set a $185.00 price target on shares of QUALCOMM in a research report on Tuesday, December 16th. Mizuho set a $175.00 price objective on QUALCOMM and gave the company a “neutral” rating in a research report on Friday, January 9th. Finally, UBS Group increased their price objective on QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $191.28.

Get Our Latest Stock Analysis on QUALCOMM

QUALCOMM Trading Down 1.3%

QCOM opened at $155.82 on Friday. The business has a 50 day simple moving average of $170.36 and a two-hundred day simple moving average of $165.46. The firm has a market capitalization of $166.88 billion, a price-to-earnings ratio of 31.87, a PEG ratio of 3.52 and a beta of 1.21. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95.

QUALCOMM (NASDAQ:QCOMGet Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share 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 business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company earned $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s payout ratio is presently 72.80%.

Insiders Place Their Bets

In other news, EVP Akash J. Palkhiwala sold 10,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $175.12, for a total value of $1,751,200.00. Following the completion of the sale, the executive vice president directly owned 44,803 shares of the company’s stock, valued at approximately $7,845,901.36. This trade represents a 18.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Alexander H. Rogers sold 15,917 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the transaction, the executive vice president owned 26,071 shares in the company, valued at $4,640,898.71. This represents a 37.91% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 44,820 shares of company stock worth $7,883,482. Company insiders own 0.08% of the company’s stock.

QUALCOMM Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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