Balefire LLC Increases Stake in Qualcomm Incorporated $QCOM

Balefire LLC raised its position in Qualcomm Incorporated (NASDAQ:QCOM) by 54.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 11,661 shares of the wireless technology company’s stock after acquiring an additional 4,091 shares during the period. Balefire LLC’s holdings in Qualcomm were worth $1,502,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Richardson Financial Services Inc. raised its holdings in Qualcomm by 90.9% during the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 80 shares in the last quarter. Torren Management LLC acquired a new stake in Qualcomm in the fourth quarter valued at about $29,000. Caitong International Asset Management Co. Ltd boosted its holdings in Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. purchased a new stake in Qualcomm in the 4th quarter valued at approximately $31,000. Finally, Commonwealth Retirement Investments LLC acquired a new position in Qualcomm during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Activity

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total transaction of $452,025.00. Following the sale, the executive vice president owned 23,184 shares in the company, valued at approximately $4,191,899.04. This trade represents a 9.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of Qualcomm stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the sale, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at $35,562,240. The trade was a 4.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 21,721 shares of company stock valued at $4,044,465. 0.05% of the stock is owned by corporate insiders.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm announced a quarterly cash dividend of $0.92 per share, reinforcing shareholder returns and supporting the stock’s income appeal. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: Micron said it signed long-term supply agreements with Qualcomm and other partners for memory and storage components used in AI-enabled vehicles, which highlights Qualcomm’s push into automotive AI and could improve supply reliability. Micron signs deals with Qualcomm, others for AI-powered automobile chip components
• Positive Sentiment: Qualcomm’s automotive AI expansion was further emphasized in reporting on new long-term auto supply deals, which may support longer-term growth expectations for its chip platforms. Qualcomm Secures Long Term Auto Supply Deals To Back AI Vehicles
• Neutral Sentiment: Qualcomm remains a dividend payer and was featured among legacy tech names offering shareholder yields, which is more of a stability signal than a direct catalyst. 4 Tech Stocks Throwing Off Dividends
• Negative Sentiment: GF Securities initiated coverage with a Hold rating, saying there is still not enough visibility on Qualcomm’s AI250 outlook, adding to caution around near-term upside. Qualcomm Slips 2% After GF Securities Starts Coverage With Hold Rating
• Negative Sentiment: KeyCorp lowered earnings estimates across multiple future periods, including FY2026 and FY2027, signaling some concern about Qualcomm’s profit trajectory. Qualcomm Incorporated stock page

Qualcomm Price Performance

Shares of NASDAQ:QCOM opened at $171.78 on Monday. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $181.06 billion, a P/E ratio of 18.67, a P/E/G ratio of 5.10 and a beta of 1.63. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. The stock’s fifty day simple moving average is $207.62 and its 200-day simple moving average is $168.39.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The firm had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. During the same quarter last year, the business posted $2.85 EPS. The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities research analysts forecast that Qualcomm Incorporated will post 7.97 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued 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 dividend yield of 2.1%. Qualcomm’s payout ratio is 40.00%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Mizuho increased their target price on Qualcomm from $170.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, June 29th. Cantor Fitzgerald set a $220.00 price target on Qualcomm and gave the company a “neutral” rating in a research note on Thursday, June 25th. Craig Hallum lowered Qualcomm from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Barclays upgraded Qualcomm from an “underweight” rating to an “overweight” rating in a research report on Thursday, June 25th. Finally, Dbs Bank raised Qualcomm to a “moderate buy” rating in a report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-one have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $221.31.

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.