QUALCOMM Incorporated $QCOM Stock Holdings Lowered by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lessened its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 84.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,783 shares of the wireless technology company’s stock after selling 9,812 shares during the period. Ameritas Advisory Services LLC’s holdings in QUALCOMM were worth $297,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of QCOM. Norges Bank purchased a new stake in shares of QUALCOMM during the second quarter valued at $2,713,603,000. Amundi increased its stake in QUALCOMM by 38.2% in the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after purchasing an additional 3,186,524 shares in the last quarter. Viking Global Investors LP raised its holdings in QUALCOMM by 120.1% during the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after buying an additional 1,720,529 shares during the period. Rafferty Asset Management LLC lifted its stake in QUALCOMM by 59.1% during the second quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock valued at $703,675,000 after buying an additional 1,641,068 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC boosted its holdings in shares of QUALCOMM by 228.6% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,130,038 shares of the wireless technology company’s stock worth $179,970,000 after buying an additional 786,110 shares during the period. 74.35% of the stock is owned by institutional investors.

Insider Buying and Selling at QUALCOMM

In other news, CAO Patricia Y. Grech sold 513 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $160.95, for a total value of $82,567.35. Following the completion of the sale, the chief accounting officer directly owned 203 shares in the company, valued at approximately $32,672.85. The trade was a 71.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Akash J. Palkhiwala sold 10,000 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the completion of the transaction, the executive vice president owned 44,803 shares in the company, valued at $7,845,901.36. The trade was a 18.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 46,217 shares of company stock worth $7,901,275 in the last 90 days. Company insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on QCOM shares. Mizuho reduced their price target on shares of QUALCOMM from $160.00 to $140.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Bank of America downgraded shares of QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 target price on the stock. in a research note on Thursday, February 5th. DZ Bank raised QUALCOMM to a “strong-buy” rating in a research report on Tuesday, February 10th. Zacks Research lowered QUALCOMM from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 27th. Finally, Robert W. Baird set a $177.00 price objective on QUALCOMM in a research report on Thursday, February 5th. 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, QUALCOMM presently has an average rating of “Hold” and a consensus target price of $164.67.

QUALCOMM Trading Up 1.6%

Shares of NASDAQ QCOM opened at $140.70 on Tuesday. The business has a 50 day simple moving average of $163.17 and a 200 day simple moving average of $164.25. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The stock has a market cap of $150.13 billion, a price-to-earnings ratio of 29.07, a PEG ratio of 6.97 and a beta of 1.22. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51.

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

QUALCOMM Announces Dividend

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 of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.5%. QUALCOMM’s dividend payout ratio is currently 73.55%.

QUALCOMM 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.