QUALCOMM Incorporated $QCOM Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 7.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125,831 shares of the wireless technology company’s stock after buying an additional 8,777 shares during the period. Sequoia Financial Advisors LLC’s holdings in QUALCOMM were worth $20,040,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its position in QUALCOMM by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after purchasing an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC grew its position in 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 purchasing an additional 340 shares during the last quarter. GAMMA Investing LLC grew its position in QUALCOMM by 35.4% in the 1st quarter. GAMMA Investing LLC now owns 21,241 shares of the wireless technology company’s stock worth $3,263,000 after purchasing an additional 5,555 shares during the last quarter. Krilogy Financial LLC grew its position in QUALCOMM by 2.6% in the 1st quarter. Krilogy Financial LLC now owns 10,861 shares of the wireless technology company’s stock worth $1,668,000 after purchasing an additional 274 shares during the last quarter. Finally, CVA Family Office LLC grew its position in QUALCOMM by 11.7% in the 1st quarter. CVA Family Office LLC now owns 3,449 shares of the wireless technology company’s stock worth $530,000 after purchasing an additional 360 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Mizuho decreased their price objective on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a report on Thursday, July 31st. Sanford C. Bernstein set a $185.00 target price on shares of QUALCOMM and gave the stock an “outperform” rating in a report on Monday, July 28th. Piper Sandler reduced their target price on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a report on Thursday, July 31st. Arete Research set a $200.00 target price on shares of QUALCOMM in a report on Tuesday, August 26th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of QUALCOMM in a report on Wednesday, October 8th. One 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $182.82.

QUALCOMM Stock Down 7.3%

Shares of NASDAQ:QCOM opened at $153.64 on Monday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. The company has a market cap of $165.77 billion, a PE ratio of 14.82, a price-to-earnings-growth ratio of 2.24 and a beta of 1.23. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $182.10. The firm has a 50 day simple moving average of $160.39 and a 200 day simple moving average of $153.41.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.06. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The company had revenue of $10.37 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter in the prior year, the firm earned $2.33 EPS. The company’s 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, research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Cristiano R. Amon sold 150,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the transaction, the chief executive officer owned 149,304 shares in the company, valued at approximately $24,718,770.24. This trade represents a 50.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Patricia Y. Grech sold 201 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $170.00, for a total transaction of $34,170.00. Following the transaction, the chief accounting officer owned 203 shares in the company, valued at $34,510. This represents a 49.75% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 159,767 shares of company stock worth $26,322,745. Insiders own 0.08% of the company’s stock.

QUALCOMM Company 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.