4,136 Shares in QUALCOMM Incorporated $QCOM Acquired by Tactive Advisors LLC

Tactive Advisors LLC purchased a new stake in QUALCOMM Incorporated (NASDAQ:QCOM) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 4,136 shares of the wireless technology company’s stock, valued at approximately $659,000.

A number of other hedge funds have also recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC boosted its stake 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 valued at $26,000 after buying an additional 93 shares during the period. Chung Wu Investment Group LLC purchased a new stake in shares of QUALCOMM in the 2nd quarter valued at about $32,000. Harbor Asset Planning Inc. bought a new stake in shares of QUALCOMM during the 2nd quarter valued at about $32,000. Winnow Wealth LLC bought a new stake in shares of QUALCOMM during the 2nd quarter valued at about $32,000. Finally, Lavaca Capital LLC purchased a new position in shares of QUALCOMM during the second quarter worth about $32,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on QCOM shares. Rosenblatt Securities reaffirmed a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research note on Thursday, November 6th. Wall Street Zen cut shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. TD Cowen upped their target price on shares of QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Wells Fargo & Company increased their target price on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Thursday, November 6th. Finally, Arete Research set a $200.00 price target on QUALCOMM in a research note on Tuesday, August 26th. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.00.

QUALCOMM Stock Down 1.6%

QCOM opened at $178.29 on Friday. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. The business’s 50-day moving average price is $170.72 and its 200-day moving average price is $162.21. The company has a market cap of $190.95 billion, a P/E ratio of 36.46, a P/E/G ratio of 3.91 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.QUALCOMM’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period last year, the company earned $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s payout ratio is presently 72.80%.

Insider Activity

In other QUALCOMM news, CAO Patricia Y. Grech sold 203 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $170.33, for a total transaction of $567,709.89. Following the sale, the chief financial officer owned 33,208 shares of the company’s stock, valued at approximately $5,656,318.64. This represents a 9.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 164,388 shares of company stock valued at $27,248,752. 0.08% of the stock is 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.