Qualcomm Incorporated $QCOM Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. decreased its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 291,874 shares of the wireless technology company’s stock after selling 9,857 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Qualcomm were worth $50,011,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QCOM. Brighton Jones LLC increased its position in shares of Qualcomm by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after acquiring an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Qualcomm by 15.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after acquiring an additional 340 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of 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 period. Main Street Financial Solutions LLC increased its holdings in Qualcomm by 6.1% in the 2nd quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock valued at $920,000 after purchasing an additional 333 shares during the last quarter. Finally, Transamerica Financial Advisors LLC raised its position in Qualcomm by 9.7% in the second quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock valued at $1,083,000 after purchasing an additional 603 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Activity

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $177.82, for a total value of $569,024.00. Following the sale, the executive vice president directly owned 39,735 shares of the company’s stock, valued at approximately $7,065,677.70. This represents a 7.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. 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. Over the last quarter, insiders have sold 21,806 shares of company stock worth $3,928,958. Insiders own 0.05% of the company’s stock.

Wall Street Analysts Forecast Growth

QCOM has been the topic of a number of research reports. Bank of America started coverage on Qualcomm in a research note on Tuesday, March 10th. They set an “underperform” rating and a $145.00 price target on the stock. Sanford C. Bernstein reiterated a “market perform” rating and issued a $140.00 price objective (down from $175.00) on shares of Qualcomm in a report on Thursday, March 26th. Morgan Stanley began coverage on Qualcomm in a research note on Friday, May 8th. They set an “overweight” rating on the stock. UBS Group cut Qualcomm from a “neutral” rating to an “underperform” rating in a report on Friday, May 8th. Finally, Freedom Capital lowered shares of Qualcomm from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Fifteen equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $188.04.

Qualcomm Stock Down 0.5%

Shares of NASDAQ QCOM opened at $212.97 on Thursday. The stock has a market cap of $224.47 billion, a P/E ratio of 23.15, a PEG ratio of 26.48 and a beta of 1.59. The business’s fifty day simple moving average is $189.80 and its 200-day simple moving average is $165.94. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.09. The company had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.Qualcomm’s revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts predict that Qualcomm Incorporated will post 8 EPS for the current fiscal year.

Qualcomm declared that its board has approved a share repurchase plan on Tuesday, March 17th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the wireless technology company to reacquire up to 14.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

Qualcomm Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be paid a $0.92 dividend. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Thursday, June 4th. Qualcomm’s payout ratio is presently 40.00%.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is reportedly in talks to acquire Tenstorrent, a deal that could expand QCOM’s AI chip and data center capabilities and strengthen its long-term growth story. Qualcomm in Talks to Acquire AI Chip Startup Tenstorrent for Up to $10 Billion, Reuters Reports
• Positive Sentiment: Qualcomm unveiled a new AI data center program with a major hyperscaler, signaling that it is moving beyond phones and PCs into AI infrastructure, with initial shipments planned for the December quarter. Qualcomm (QCOM) Launches New AI Data Center Program With A Major Hyperscaler
• Positive Sentiment: Qualcomm’s upcoming quarterly dividend highlights strong cash generation and may support investor sentiment, especially alongside its ongoing buyback program. Qualcomm to pay dividends next week; Here’s how much 100 QCOM shares will earn
• Neutral Sentiment: Analyst and media coverage has increasingly framed Qualcomm as a potential AI beneficiary, which is keeping QCOM in focus but does not by itself change fundamentals. Qualcomm AI Deal Talks Put QCOM Back In Tech Market Focus
• Neutral Sentiment: Comparisons versus peers like MaxLinear are highlighting competitive pressure in wireless connectivity chips, but this is more of an industry backdrop than a direct catalyst. MXL vs. QCOM: Which Wireless Connectivity Chip Stock Wins Today?
• Negative Sentiment: Qualcomm’s stock has also been under pressure at times recently as investors weigh whether the company can execute its AI pivot while handset demand remains cyclical. Qualcomm (QCOM) Dips More Than Broader Market: What You Should Know

About Qualcomm

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.