QUALCOMM Incorporated $QCOM Position Lessened by Biltmore Family Office LLC

Biltmore Family Office LLC decreased its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 70.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,436 shares of the wireless technology company’s stock after selling 8,188 shares during the period. Biltmore Family Office LLC’s holdings in QUALCOMM were worth $572,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. lifted its holdings in shares of QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 65 shares during the last quarter. Chung Wu Investment Group LLC bought a new position in QUALCOMM during the second quarter valued at approximately $32,000. Harbor Asset Planning Inc. acquired a new stake in QUALCOMM in the second quarter valued at approximately $32,000. Winnow Wealth LLC bought a new stake in QUALCOMM in the second quarter worth approximately $32,000. Finally, Lavaca Capital LLC acquired a new position in shares of QUALCOMM during the 2nd quarter worth $32,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, EVP Ann C. Chaplin sold 7,180 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was 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 owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Patricia Y. Grech sold 513 shares of QUALCOMM stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $160.95, for a total value of $82,567.35. Following the sale, the chief accounting officer directly owned 203 shares in the company, valued at $32,672.85. The trade was a 71.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,820 shares of company stock valued at $7,883,482 in the last three months. Company insiders own 0.08% of the company’s stock.

QUALCOMM Stock Down 1.3%

Shares of QCOM stock opened at $155.82 on Friday. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. The firm has a market cap of $166.88 billion, a PE ratio of 31.87, a price-to-earnings-growth ratio of 3.47 and a beta of 1.21. The stock has a 50 day moving average of $170.36 and a 200-day moving average of $165.50.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. QUALCOMM’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the company posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities 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. Stockholders of record on Thursday, March 5th will be issued a dividend of $0.89 per share. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.3%. QUALCOMM’s payout ratio is presently 72.80%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on QCOM. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a report on Thursday, November 6th. Royal Bank Of Canada initiated coverage on QUALCOMM in a research note on Wednesday, January 14th. They set a “sector perform” rating and a $180.00 price target for the company. Susquehanna set a $210.00 price objective on QUALCOMM in a report on Thursday, November 6th. Piper Sandler boosted their target price on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Finally, JPMorgan Chase & Co. upped their target price on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Ten equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, QUALCOMM presently has a consensus rating of “Hold” and an average price target of $191.28.

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.