Qualcomm Incorporated $QCOM Shares Bought by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. lifted its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 17.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,318 shares of the wireless technology company’s stock after buying an additional 5,427 shares during the period. Coldstream Capital Management Inc.’s holdings in Qualcomm were worth $6,208,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of QCOM. Harbor Capital Advisors Inc. lifted its holdings in Qualcomm by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 65 shares during the period. Cloud Capital Management LLC purchased a new position in shares of Qualcomm in the 3rd quarter valued at about $27,000. Winnow Wealth LLC acquired a new stake in shares of Qualcomm in the second quarter valued at about $32,000. Lavaca Capital LLC purchased a new stake in Qualcomm during the second quarter worth about $32,000. Finally, Howard Hughes Medical Institute acquired a new position in Qualcomm during the second quarter worth about $38,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Qualcomm

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the transaction, the executive vice president owned 35,599 shares of the company’s stock, valued at $4,900,202.35. The trade was a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the transaction, the executive vice president directly owned 16,393 shares in the company, valued at $2,245,841. The trade was a 16.33% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 12,404 shares of company stock worth $1,921,357. 0.05% of the stock is owned by insiders.

Wall Street Analyst Weigh In

QCOM has been the subject of a number of research reports. Citigroup reiterated a “neutral” rating on shares of Qualcomm in a research report on Thursday, January 15th. UBS Group reaffirmed a “neutral” rating on shares of Qualcomm in a research note on Monday, February 2nd. Rosenblatt Securities decreased their target price on Qualcomm from $225.00 to $190.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. JPMorgan Chase & Co. lowered their target price on Qualcomm from $195.00 to $185.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Finally, Zacks Research cut Qualcomm from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Qualcomm presently has a consensus rating of “Hold” and a consensus target price of $168.00.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Board approves a new $20.0 billion, open‑ended stock repurchase authorization (in addition to ≈$2.1B remaining from Nov‑2024 program); company says timing/size will depend on market conditions — a large buyback (RTT/press coverage estimates ~14.5% of shares) signals management confidence and is usually supportive of the share price. Article Title
• Positive Sentiment: Company raised its dividend (annualized payout reported at $3.68), increasing shareholder yield alongside the buyback — further evidence management is prioritizing returns. Article Title
• Positive Sentiment: Bullish investors point out the buyback + dividend and continued beat-and-raise style earnings as signs Qualcomm may be undervalued, especially versus higher‑multiple peers; some investors/analysts are therefore using weakness to add exposure. Article Title
• Neutral Sentiment: Peer comparison pieces (e.g., Corning vs Qualcomm) highlight that other 5G/optics names may offer stronger near‑term growth or AI tailwinds, suggesting investors are weighing alternate ways to play the 5G/AI cycle. Article Title
• Negative Sentiment: Seaport Research Partners (and other street analysts) issued downgrades and set a street‑low $100 price target, citing slowing smartphone volumes, longer upgrade cycles, memory/component supply issues, and intensifying competition — these notes are pressuring the stock despite the capital returns news. Article Title
• Negative Sentiment: Recent analyst downgrades and media pieces flag that the stock has already suffered meaningful YTD losses and could face more downside if smartphone demand and margin pressure persist — short‑to‑medium term growth concerns are outweighing the buyback headline for some investors. Article Title

Qualcomm Price Performance

Shares of NASDAQ:QCOM opened at $130.47 on Thursday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. The business’s fifty day moving average price is $146.59 and its two-hundred day moving average price is $161.74. The stock has a market cap of $139.21 billion, a PE ratio of 26.96 and a beta of 1.25. Qualcomm Incorporated has a one year low of $120.80 and a one year high of $205.95.

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

Qualcomm declared that its Board of Directors has authorized a stock buyback plan on Tuesday, March 17th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

Qualcomm Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.7%. Qualcomm’s payout ratio is presently 73.55%.

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.