Qualcomm Incorporated $QCOM Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 7.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 125,215 shares of the wireless technology company’s stock after selling 9,756 shares during the quarter. Yousif Capital Management LLC’s holdings in Qualcomm were worth $21,418,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Greenleaf Trust boosted its holdings in shares of Qualcomm by 1.2% during the fourth quarter. Greenleaf Trust now owns 31,693 shares of the wireless technology company’s stock valued at $5,421,000 after acquiring an additional 370 shares during the period. 4WEALTH Advisors Inc. boosted its holdings in shares of Qualcomm by 3.8% during the fourth quarter. 4WEALTH Advisors Inc. now owns 4,973 shares of the wireless technology company’s stock valued at $851,000 after acquiring an additional 181 shares during the period. ProCore Advisors LLC acquired a new position in shares of Qualcomm during the fourth quarter valued at $263,000. Cane Capital Partners LLC acquired a new stake in Qualcomm in the fourth quarter worth about $754,000. Finally, Hunter Associates Investment Management LLC lifted its holdings in Qualcomm by 9.1% in the fourth quarter. Hunter Associates Investment Management LLC now owns 1,961 shares of the wireless technology company’s stock worth $335,000 after purchasing an additional 163 shares during the period. Institutional investors and hedge funds own 74.35% of the company’s stock.

Qualcomm Price Performance

NASDAQ QCOM opened at $124.07 on Wednesday. The stock’s 50-day moving average price is $137.03 and its two-hundred day moving average price is $158.43. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The company has a market cap of $132.38 billion, a PE ratio of 25.63 and a beta of 1.28. Qualcomm Incorporated has a 1 year low of $121.74 and a 1 year high of $205.95.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm announced that its board has initiated a stock buyback program on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its shares are undervalued.

Qualcomm Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.9%. The ex-dividend date was Thursday, March 5th. Qualcomm’s payout ratio is presently 73.55%.

Insider Activity

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the sale, the executive vice president owned 35,599 shares in the company, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 6,618 shares of company stock worth $907,855. Corporate insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

QCOM has been the subject of several research analyst reports. DZ Bank raised shares of Qualcomm to a “strong-buy” rating in a report on Tuesday, February 10th. Royal Bank Of Canada reduced their price objective on shares of Qualcomm from $180.00 to $150.00 and set a “sector perform” rating for the company in a report on Thursday, February 5th. Seaport Research Partners reaffirmed a “sell” rating and issued a $100.00 price objective on shares of Qualcomm in a report on Monday, March 16th. The Goldman Sachs Group initiated coverage on shares of Qualcomm in a report on Monday, March 30th. They issued a “neutral” rating and a $135.00 price objective for the company. Finally, Loop Capital raised shares of Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price objective for the company in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $163.77.

About Qualcomm

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.