Alpine Woods Capital Investors LLC Sells 800 Shares of QUALCOMM Incorporated $QCOM

Alpine Woods Capital Investors LLC lowered its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 9.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 7,535 shares of the wireless technology company’s stock after selling 800 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in QUALCOMM were worth $1,200,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of QCOM. Brighton Jones LLC increased its position in shares of QUALCOMM by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $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 valued at $391,000 after acquiring an additional 340 shares during the last quarter. GAMMA Investing LLC increased its stake in QUALCOMM by 35.4% in the first 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 period. Dynamic Advisor Solutions LLC increased its stake in QUALCOMM by 1.3% in the first quarter. Dynamic Advisor Solutions LLC now owns 17,609 shares of the wireless technology company’s stock worth $2,705,000 after purchasing an additional 228 shares during the period. Finally, Ritholtz Wealth Management increased its stake in QUALCOMM by 9.4% in the first quarter. Ritholtz Wealth Management now owns 20,507 shares of the wireless technology company’s stock worth $3,150,000 after purchasing an additional 1,769 shares during the period. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Price Performance

Shares of QCOM stock opened at $161.78 on Tuesday. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $182.10. The stock has a market capitalization of $174.56 billion, a price-to-earnings ratio of 15.60, a P/E/G ratio of 2.24 and a beta of 1.23. The stock has a fifty day simple moving average of $160.68 and a two-hundred day simple moving average of $153.48. 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 issued its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.06. The business had revenue of $10.37 billion during the quarter, compared to analysts’ expectations of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

QCOM has been the topic of a number of recent analyst reports. Arete Research set a $200.00 target price on QUALCOMM in a research note on Tuesday, August 26th. Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the stock an “outperform” rating in a research note on Monday, July 28th. Mizuho reduced their target price on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating on the stock in a research note on Thursday, July 31st. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. increased their target price on QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $182.82.

Insider Activity

In related news, CAO Neil Martin sold 791 shares of the company’s stock in a transaction 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 directly owned 1,106 shares in the company, valued at $171,230.92. This represents a 41.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Patricia Y. Grech sold 201 shares of the company’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $170.00, for a total value of $34,170.00. Following the sale, the chief accounting officer owned 203 shares of the company’s stock, valued at $34,510. This trade represents a 49.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 159,767 shares of company stock worth $26,322,745 over the last ninety days. 0.08% of the stock is currently owned by corporate insiders.

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.