Qualcomm Incorporated $QCOM Shares Bought by 180 Wealth Advisors LLC

180 Wealth Advisors LLC lifted its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 9.5% during the first quarter, Holdings Channel reports. The institutional investor owned 32,170 shares of the wireless technology company’s stock after purchasing an additional 2,799 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Qualcomm were worth $4,143,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in QCOM. Your Advocates Ltd. LLP acquired a new stake in Qualcomm during the 1st quarter worth approximately $26,000. Richardson Financial Services Inc. grew its position in Qualcomm by 90.9% in the 4th 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 during the last quarter. Torren Management LLC acquired a new stake in shares of Qualcomm in the fourth quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Qualcomm by 17,000.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 170 shares during the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in shares of Qualcomm during the fourth quarter worth approximately $31,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Qualcomm Price Performance

Shares of QCOM stock traded down $1.95 during mid-day trading on Friday, hitting $189.16. 7,059,391 shares of the stock traded hands, compared to its average volume of 19,346,306. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The firm has a market cap of $199.37 billion, a price-to-earnings ratio of 20.56, a price-to-earnings-growth ratio of 5.63 and a beta of 1.63. The company’s 50-day simple moving average is $209.59 and its 200-day simple moving average is $168.36. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating 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 company had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. During the same quarter in the prior year, the firm earned $2.85 EPS. The company’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 expect that Qualcomm Incorporated will post 7.96 earnings per share for the current year.

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

Qualcomm News Summary

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

Insiders Place Their Bets

In other news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $197.35, for a total value of $493,375.00. Following the completion of the sale, the executive vice president directly owned 25,684 shares in the company, valued at approximately $5,068,737.40. This trade represents a 8.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through 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 company’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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 21,721 shares of company stock valued at $3,918,290. 0.05% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

QCOM has been the subject of a number of recent analyst reports. Freedom Capital lowered Qualcomm from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. BNP Paribas Exane lowered Qualcomm to a “neutral” rating in a research report on Wednesday, April 29th. TD Cowen reissued a “buy” rating and issued a $200.00 price target on shares of Qualcomm in a research note on Thursday, June 25th. Summit Insights raised Qualcomm from a “hold” rating to a “buy” rating in a report on Thursday, April 30th. Finally, Benchmark lifted their price objective on shares of Qualcomm from $225.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twenty have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $220.45.

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.