QUALCOMM Incorporated $QCOM Shares Sold by Vestor Capital LLC

Vestor Capital LLC cut its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 62.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 205 shares of the wireless technology company’s stock after selling 339 shares during the period. Vestor Capital LLC’s holdings in QUALCOMM were worth $33,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of QCOM. Vermillion & White Wealth Management Group LLC increased its holdings in QUALCOMM by 122.4% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 93 shares in the last quarter. Chung Wu Investment Group LLC acquired a new stake in shares of QUALCOMM in the second quarter valued at about $32,000. Harbor Asset Planning Inc. acquired a new stake in shares of QUALCOMM in the second quarter valued at about $32,000. Winnow Wealth LLC purchased a new stake in shares of QUALCOMM during the second quarter worth about $32,000. Finally, Atticus Wealth Management LLC raised its position in shares of QUALCOMM by 21,200.0% during the 2nd 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 during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $170.33, for a total transaction of $567,709.89. Following the sale, the chief financial officer directly owned 33,208 shares in the company, valued at $5,656,318.64. This represents a 9.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Heather S. Ace sold 1,600 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares of the company’s stock, valued at $3,387,041.91. This represents a 7.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 168,027 shares of company stock valued at $27,818,497 over the last three months. 0.08% of the stock is currently owned by company insiders.

Analyst Ratings Changes

QCOM has been the subject of several research reports. Citigroup boosted their price target on QUALCOMM from $170.00 to $175.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Mizuho upped their target price on shares of QUALCOMM from $185.00 to $200.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. boosted their price target on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Arete Research set a $200.00 price objective on shares of QUALCOMM in a report on Tuesday, August 26th. Finally, Piper Sandler boosted their target price on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $190.38.

QUALCOMM Stock Up 1.1%

QUALCOMM stock opened at $165.06 on Tuesday. The company has a market capitalization of $176.78 billion, a PE ratio of 15.92, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95. The firm has a 50 day moving average price of $169.42 and a 200 day moving average price of $160.08.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the business posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be given a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s payout ratio is currently 72.80%.

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.