Y Intercept Hong Kong Ltd Purchases New Position in QUALCOMM Incorporated $QCOM

Y Intercept Hong Kong Ltd purchased a new stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 113,750 shares of the wireless technology company’s stock, valued at approximately $18,116,000. QUALCOMM makes up 0.4% of Y Intercept Hong Kong Ltd’s portfolio, making the stock its 14th biggest position.

Several other institutional investors also recently bought and sold shares of QCOM. Vermillion & White Wealth Management Group LLC boosted its position in QUALCOMM by 122.4% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 93 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its position in QUALCOMM by 70.0% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 70 shares in the last quarter. Chung Wu Investment Group LLC purchased a new position in QUALCOMM during the second quarter worth approximately $32,000. Harbor Asset Planning Inc. purchased a new position in QUALCOMM during the second quarter worth approximately $32,000. Finally, Atticus Wealth Management LLC boosted its position in QUALCOMM by 21,200.0% during the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after purchasing an additional 212 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CAO Patricia Y. Grech sold 273 shares of QUALCOMM stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $161.42, for a total transaction of $44,067.66. Following the transaction, the chief accounting officer owned 404 shares in the company, valued at approximately $65,213.68. This trade represents a 40.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Neil Martin sold 791 shares of QUALCOMM stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $154.82, for a total value of $122,462.62. Following the transaction, the chief accounting officer owned 1,106 shares in the company, valued at approximately $171,230.92. The trade was a 41.70% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 168,102 shares of company stock valued at $27,706,855. 0.08% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

QCOM has been the topic of a number of recent analyst reports. Mizuho lowered their price target on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. Piper Sandler lowered their price target on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Thursday, July 31st. JPMorgan Chase & Co. increased their price target on QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Weiss Ratings upgraded QUALCOMM from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Saturday. Finally, Sanford C. Bernstein set a $185.00 price target on QUALCOMM and gave the stock an “outperform” rating in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $183.27.

QUALCOMM Stock Performance

NASDAQ QCOM opened at $168.94 on Monday. The company has a market cap of $182.29 billion, a PE ratio of 16.29, a price-to-earnings-growth ratio of 2.45 and a beta of 1.23. The stock’s 50 day simple moving average is $163.40 and its 200-day simple moving average is $155.20. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $182.10. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.06. The business had revenue of $10.37 billion for 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% compared to the same quarter last year. During the same quarter last year, the business posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be given a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is 34.33%.

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.