Advisors Management Group Inc. ADV Decreases Stake in Qualcomm Incorporated $QCOM

Advisors Management Group Inc. ADV lowered its position in Qualcomm Incorporated (NASDAQ:QCOM) by 45.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 7,628 shares of the wireless technology company’s stock after selling 6,304 shares during the quarter. Advisors Management Group Inc. ADV’s holdings in Qualcomm were worth $982,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Your Advocates Ltd. LLP purchased a new position in shares of Qualcomm in the first quarter worth about $26,000. Richardson Financial Services Inc. lifted its stake in shares of Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 80 shares in the last quarter. Torren Management LLC purchased a new stake in shares of Qualcomm during the 4th quarter valued at approximately $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 worth $29,000 after buying an additional 170 shares during the period. Finally, Birchwood Financial Partners Inc. bought a new position in Qualcomm in the 4th quarter worth approximately $31,000. 74.35% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Patricia Y. Grech sold 829 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $201.77, for a total transaction of $167,267.33. The transaction 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 the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $180.00, for a total value of $1,800,000.00. Following the completion of the transaction, the chief executive officer owned 197,568 shares in the company, valued at $35,562,240. This represents 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. Over the last ninety days, insiders have sold 21,721 shares of company stock worth $3,918,290. 0.05% of the stock is currently owned by corporate insiders.

Qualcomm Stock Performance

Qualcomm stock opened at $189.16 on Friday. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year 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. The firm has a market capitalization of $199.37 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 5.69 and a beta of 1.63. The firm’s 50 day simple moving average is $209.59 and its 200 day simple moving average is $168.36.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.56 by $0.09. The firm had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period last year, the firm earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, analysts expect that Qualcomm Incorporated will post 7.96 earnings per share for the current fiscal year.

Qualcomm declared that its Board of Directors has approved a stock buyback program on Tuesday, March 17th that allows the company to buyback $20.00 billion in shares. This buyback authorization allows the wireless technology company to reacquire up to 14.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

A number of equities research analysts have issued reports on QCOM shares. BNP Paribas Exane cut shares of Qualcomm to a “neutral” rating in a report on Wednesday, April 29th. UBS Group increased their target price on Qualcomm from $170.00 to $235.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Citigroup raised their price target on Qualcomm from $160.00 to $198.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Roth Capital started coverage on Qualcomm in a research report on Friday, May 8th. They issued a “buy” rating for the company. Finally, Royal Bank Of Canada boosted their price objective on Qualcomm from $175.00 to $250.00 and gave the company a “sector perform” rating in a research note on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twenty have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Qualcomm has an average rating of “Hold” and an average price target of $220.45.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Multiple recent pieces argue Qualcomm has more upside, including bullish price-target work and comparisons with other semiconductor names, with investors focused on its AI, data-center, and server growth potential. The Road To $380 For Qualcomm Stock
• Positive Sentiment: Analysts and market commentators highlighted Qualcomm’s expanding AI-focused portfolio and ongoing opportunities in emerging AI markets, which can reinforce the stock’s long-term growth narrative. Monolithic vs. Qualcomm: Which Semiconductor Stock Has More Upside?
• Positive Sentiment: Qualcomm’s automotive business continues to stand out, with record revenue and strong Snapdragon Digital Chassis adoption helping support the idea that growth is broadening beyond smartphones. Will Qualcomm’s Automotive Business Continue Driving Top-Line Growth?
• Positive Sentiment: Recent analyst upgrades, including DBS Bank’s move to “moderate buy,” and other bullish notes suggest Wall Street sentiment is improving. Monolithic vs. Qualcomm: Which Semiconductor Stock Has More Upside?
• Neutral Sentiment: One report said Qualcomm was the recipient of a large increase in short interest, but the figures shown were zero shares, so the data appears inconclusive and is unlikely to be a major driver. Short Interest Update
• Negative Sentiment: Qualcomm’s late-June removal from several Russell growth and defensive indices may still pressure the stock through passive index-related selling, even as fundamentals and AI-related headlines improve sentiment. How Investors Are Reacting To QUALCOMM (QCOM) Index Removal And New On-Device AI Deepfake Partnership

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.