Nordea Investment Management AB Sells 1,389,297 Shares of Qualcomm Incorporated $QCOM

Nordea Investment Management AB cut its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 58.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 978,674 shares of the wireless technology company’s stock after selling 1,389,297 shares during the period. Nordea Investment Management AB’s holdings in Qualcomm were worth $168,117,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Qualcomm by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after purchasing an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Qualcomm by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after purchasing an additional 340 shares during the last quarter. Sivia Capital Partners LLC raised its position in Qualcomm by 44.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock worth $530,000 after purchasing an additional 1,020 shares during the last quarter. Magnetar Financial LLC lifted its holdings in Qualcomm by 65.1% during the 2nd quarter. Magnetar Financial LLC now owns 6,714 shares of the wireless technology company’s stock worth $1,069,000 after buying an additional 2,647 shares during the period. Finally, Evelyn Partners Investment Management LLP grew its position in shares of Qualcomm by 99.8% in the 2nd quarter. Evelyn Partners Investment Management LLP now owns 877 shares of the wireless technology company’s stock valued at $140,000 after buying an additional 438 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Qualcomm

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the transaction, the executive vice president owned 35,599 shares in the company, valued at $4,900,202.35. The trade was a 8.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, February 9th. The stock was 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 approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,866 shares of company stock valued at $1,474,796 in the last quarter. 0.05% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on QCOM shares. Loop Capital raised Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price target for the company in a research note on Tuesday, February 24th. Morgan Stanley began coverage on Qualcomm in a report on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 target price on the stock. Rosenblatt Securities decreased their target price on shares of Qualcomm from $225.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Mizuho lowered their price target on shares of Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Finally, TD Cowen dropped their price target on shares of Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average 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 billion repurchase authorization, boosting total buyback capacity and signaling management confidence in buying back shares at current levels. QUALCOMM (QCOM): Board Approves New $20.0 billion Stock Repurchase Authorization
• Positive Sentiment: Shareholders reportedly dismissed China-risk concerns while greenlighting the $20B buyback, reducing a potential governance or geopolitical overhang. Qualcomm (QCOM) Stock: Shareholders Dismiss China Risk Concerns as $20B Buyback Gets Green Light
• Positive Sentiment: Qualcomm raised its quarterly dividend by ~3.4% and signaled stronger buyback activity, supported by solid cash flow — a near-term income/return cushion for investors. QCOM Hikes Dividend on Solid Cash Flow: Should You Stay Invested?
• Positive Sentiment: Multiple outlets highlight the $20B repurchase as a major reason to consider buying QCOM, framing the move as management taking advantage of a depressed share price. A $20 billion reason to buy Qualcomm stock now
• Neutral Sentiment: Analysts and investors debate whether Qualcomm is an AI bargain: long-term AI, automotive and robotics opportunities exist, but recent underperformance and limited AI data-center exposure temper enthusiasm. Qualcomm Could Be the Biggest AI Bargain of the Year
• Neutral Sentiment: Coverage pieces note Qualcomm’s dividend raise and buyback make it an income/value candidate at ~15x forward P/E, but caution that a 2026 earnings dip could keep volatility high. As Qualcomm Stock Raises Its Dividend, Is QCOM Stock a Buy
• Negative Sentiment: Seaport Research downgraded QCOM and set a $100 price target, warning the shares could fall more than 20% from current levels — a catalyst for selling pressure. QCOM Stock Warning: Why Analysts Warn Qualcomm Could Plunge More Than 20% from Here
• Negative Sentiment: Street-low price targets and fresh downgrades are cited as spooking analysts; after a large selloff, some argue downside risks from handset demand and memory shortages remain. Qualcomm Just Got a Street-Low Price Target—What’s Spooking Analysts?

Qualcomm Stock Down 1.1%

Shares of NASDAQ:QCOM opened at $129.90 on Monday. Qualcomm Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. The business’s 50-day moving average is $144.62 and its 200-day moving average is $161.36. The company has a market capitalization of $138.60 billion, a price-to-earnings ratio of 26.84 and a beta of 1.25.

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

Qualcomm announced that its Board of Directors has approved a share repurchase plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

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 paid a $0.89 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.7%. Qualcomm’s payout ratio is currently 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.