QUALCOMM Incorporated $QCOM Shares Sold by OLD Second National Bank of Aurora

OLD Second National Bank of Aurora lowered its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 5.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,307 shares of the wireless technology company’s stock after selling 783 shares during the period. OLD Second National Bank of Aurora’s holdings in QUALCOMM were worth $2,119,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QCOM. Capital Advantage Inc. increased its stake in shares of QUALCOMM by 2.8% in the second quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company’s stock worth $375,000 after buying an additional 64 shares during the last quarter. Rise Advisors LLC lifted its position in shares of QUALCOMM by 6.7% during the first quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company’s stock worth $161,000 after purchasing an additional 66 shares during the last quarter. Bell Investment Advisors Inc grew its stake in QUALCOMM by 4.6% in the first quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company’s stock worth $231,000 after purchasing an additional 66 shares in the last quarter. Collaborative Wealth Managment Inc. grew its stake in QUALCOMM by 5.1% in the first quarter. Collaborative Wealth Managment Inc. now owns 1,412 shares of the wireless technology company’s stock worth $217,000 after purchasing an additional 69 shares in the last quarter. Finally, Thoroughbred Financial Services LLC raised its stake in QUALCOMM by 0.3% during the first quarter. Thoroughbred Financial Services LLC now owns 25,254 shares of the wireless technology company’s stock valued at $3,879,000 after buying an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM Trading Up 1.4%

Shares of NASDAQ:QCOM opened at $168.85 on Friday. The company has a 50 day moving average of $159.29 and a 200-day moving average of $153.20. The firm has a market cap of $182.19 billion, a P/E ratio of 16.28, a P/E/G ratio of 2.43 and a beta of 1.23. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $182.10. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54.

QUALCOMM (NASDAQ:QCOM) last announced 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. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $10.37 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the previous year, the company earned $2.33 earnings per share. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were paid a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM’s dividend payout ratio (DPR) is currently 34.33%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on QCOM shares. UBS Group boosted their price target on QUALCOMM from $145.00 to $165.00 and gave the company a “neutral” rating in a report on Monday, July 21st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a report on Thursday, July 31st. JPMorgan Chase & Co. raised their price target 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. Citigroup restated a “hold” rating on shares of QUALCOMM in a research report on Thursday, July 17th. Finally, Mizuho dropped their price objective on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating on the stock in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $182.82.

Insider Transactions at QUALCOMM

In related news, CFO Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $156.86, for a total value of $522,814.38. Following the sale, the chief financial officer directly owned 39,874 shares in the company, valued at $6,254,635.64. The trade was a 7.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Neil Martin sold 791 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $154.82, for a total transaction 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 9,767 shares of company stock worth $1,488,745. Corporate insiders own 0.08% of the company’s stock.

About QUALCOMM

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.