Integrated Wealth Concepts LLC Cuts Stock Position in Qualcomm Incorporated $QCOM

Integrated Wealth Concepts LLC cut its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 15.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 178,733 shares of the wireless technology company’s stock after selling 33,592 shares during the period. Integrated Wealth Concepts LLC’s holdings in Qualcomm were worth $33,028,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. GFG Capital LLC raised its stake in shares of Qualcomm by 13.5% during the second quarter. GFG Capital LLC now owns 18,857 shares of the wireless technology company’s stock worth $3,485,000 after acquiring an additional 2,246 shares in the last quarter. XY Planning Network Inc. bought a new position in shares of Qualcomm during the 2nd quarter valued at $232,000. New England Professional Planning Group Inc. bought a new position in shares of Qualcomm during the 2nd quarter valued at $215,000. Arizona State Retirement System raised its position in Qualcomm by 1.7% in the 2nd quarter. Arizona State Retirement System now owns 296,072 shares of the wireless technology company’s stock worth $54,711,000 after purchasing an additional 4,822 shares during the period. Finally, West Family Investments Inc. lifted its stake in Qualcomm by 70.3% in the second quarter. West Family Investments Inc. now owns 3,080 shares of the wireless technology company’s stock worth $569,000 after purchasing an additional 1,271 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Amazon deal opens a major AI growth opportunity. Qualcomm and AWS will collaborate on customized silicon for large-scale AI data centers, initially targeting AI inference. Qualcomm will also provide optical connectivity solutions for high-bandwidth data-center interconnects. The agreement gives Qualcomm a marquee cloud customer and exposure to AWS’s expanding AI infrastructure spending. Qualcomm partners with Amazon in data center infrastructure deal
• Positive Sentiment: Investors see the partnership as potentially substantial and recurring. The collaboration spans multiple product generations, suggesting a longer-term supply relationship rather than a one-time contract. Reports and market commentary have characterized the opportunity as potentially worth approximately $60 billion, although the actual financial contribution will depend on product adoption and AWS deployment. Qualcomm Announces Multi-Generational Product Collaboration with Amazon
• Positive Sentiment: The announcement strengthened Qualcomm’s AI-infrastructure narrative. The news lifted other semiconductor and AI-infrastructure stocks as investors reassessed Qualcomm’s ability to diversify into data centers and participate in the AI-computing buildout. Analysts and commentators described the Amazon relationship as supportive of a higher long-term valuation floor. AI infrastructure stocks rally on deal announcements from Qualcomm, Corning
• Neutral Sentiment: Amazon will receive stock warrants worth roughly $4 billion. Qualcomm is reportedly granting Amazon warrants representing about 25 million shares. The arrangement may align the companies’ interests and support the partnership, but it could also create future share dilution if the warrants are exercised. Qualcomm strikes AI chip deal with Amazon

Insiders Place Their Bets

In related news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the transaction, the executive vice president owned 36,535 shares in the company, valued at $5,372,106.40. The trade was a 8.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total transaction of $408,150.00. Following the sale, the executive vice president directly owned 20,684 shares in the company, valued at $3,376,869.84. This trade represents a 10.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 11,533 shares of company stock valued at $1,961,219. 0.05% of the stock is currently owned by corporate insiders.

Qualcomm Price Performance

Shares of NASDAQ QCOM opened at $174.09 on Wednesday. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $259.92. The company has a 50 day simple moving average of $168.43 and a two-hundred day simple moving average of $170.26. The company has a market capitalization of $182.84 billion, a price-to-earnings ratio of 20.15, a P/E/G ratio of 3.52 and a beta of 1.68. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $9.69 billion. During the same quarter in the previous year, the business posted $2.77 earnings per share. Qualcomm’s revenue for the quarter was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current fiscal year.

Qualcomm Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.1%. Qualcomm’s payout ratio is presently 42.59%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Rosenblatt Securities cut their price target on shares of Qualcomm from $265.00 to $235.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Wells Fargo & Company cut their price objective on Qualcomm from $265.00 to $170.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Evercore set a $159.00 target price on Qualcomm in a report on Thursday, July 30th. Craig Hallum cut Qualcomm from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, Melius Research set a $220.00 price target on Qualcomm in a research report on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $203.76.

Qualcomm Company Profile

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.