324 Shares in QUALCOMM Incorporated $QCOM Bought by Livelsberger Financial Advisory

Livelsberger Financial Advisory bought a new position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 324 shares of the wireless technology company’s stock, valued at approximately $52,000. QUALCOMM makes up about 1.0% of Livelsberger Financial Advisory’s investment portfolio, making the stock its 24th largest position.

A number of other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. boosted its position in QUALCOMM by 22.2% during the second quarter. NBC Securities Inc. now owns 10,992 shares of the wireless technology company’s stock worth $1,750,000 after purchasing an additional 1,998 shares during the period. Apella Capital LLC boosted its position in QUALCOMM by 2.1% during the second quarter. Apella Capital LLC now owns 5,615 shares of the wireless technology company’s stock worth $888,000 after purchasing an additional 113 shares during the period. GK Wealth Management LLC boosted its position in QUALCOMM by 14.0% during the second quarter. GK Wealth Management LLC now owns 3,965 shares of the wireless technology company’s stock worth $632,000 after purchasing an additional 486 shares during the period. Parallel Advisors LLC boosted its position in QUALCOMM by 2.8% during the second quarter. Parallel Advisors LLC now owns 16,613 shares of the wireless technology company’s stock worth $2,646,000 after purchasing an additional 460 shares during the period. Finally, RF&L Wealth Management LLC boosted its position in QUALCOMM by 25.7% during the second quarter. RF&L Wealth Management LLC now owns 4,894 shares of the wireless technology company’s stock worth $779,000 after purchasing an additional 1,000 shares during the period. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at QUALCOMM

In other news, CFO Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total value of $522,814.38. Following the completion of the transaction, the chief financial officer owned 39,874 shares of the company’s stock, valued at $6,254,635.64. This represents a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Neil Martin sold 791 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the sale, the chief accounting officer owned 1,106 shares in the company, valued at $171,230.92. The trade was a 41.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,626 shares of company stock worth $1,948,054. 0.08% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

QCOM has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. UBS Group lifted their price objective on shares of QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. Mizuho reduced their target price on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Thursday, July 31st. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research report on Thursday, July 31st. Finally, Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a research report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, QUALCOMM presently has a consensus rating of “Moderate Buy” and an average price target of $182.82.

QUALCOMM Stock Up 0.2%

Shares of NASDAQ QCOM opened at $161.83 on Monday. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The company has a market cap of $174.61 billion, a price-to-earnings ratio of 15.61, a PEG ratio of 2.35 and a beta of 1.21. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $182.10. The stock has a 50-day moving average price of $156.39 and a two-hundred day moving average price of $152.01.

QUALCOMM (NASDAQ:QCOM) last issued its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, topping the consensus estimate of $2.71 by $0.06. The firm had revenue of $10.37 billion during the quarter, compared to the consensus estimate of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.2%. QUALCOMM’s dividend payout ratio is currently 34.33%.

QUALCOMM Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.