Farther Finance Advisors LLC raised its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 39.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,069 shares of the wireless technology company’s stock after buying an additional 23,349 shares during the quarter. Farther Finance Advisors LLC’s holdings in Qualcomm were worth $14,209,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of QCOM. Harbor Capital Advisors Inc. raised its stake in shares of Qualcomm by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 65 shares in the last quarter. Cloud Capital Management LLC acquired a new position in shares of Qualcomm in the third quarter valued at $27,000. Richardson Financial Services Inc. raised its stake in shares of Qualcomm by 90.9% in the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 80 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its stake in shares of Qualcomm by 113.5% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock valued at $32,000 after purchasing an additional 101 shares in the last quarter. Finally, Board of the Pension Protection Fund acquired a new position in shares of Qualcomm in the fourth quarter valued at $34,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.
More Qualcomm News
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm expanded its long‑term Bosch tie‑up into advanced driver‑assistance systems (ADAS), rolling out Snapdragon Digital Chassis software to power smarter, software‑defined vehicles — a meaningful revenue and TAM expansion for automotive semiconductors. Can Qualcomm’s Deepen Long-Term Tie-Up With Bosch Drive Its Shares?
- Positive Sentiment: The company’s board has authorized a $20 billion buyback program (announced March 17), which reduces share count and signals management believes shares are undervalued — a clear support for the stock. Qualcomm Stock Profile
- Positive Sentiment: Recent bullish write‑ups argue Qualcomm is a high‑quality buying opportunity given its semiconductor/IP mix, strong ROE and longer‑term growth in automotive, IoT and AI edge use cases. Why Qualcomm (QCOM) Is a Top Quality Stock to Buy Now?
- Neutral Sentiment: Valuation/price action coverage notes the recent pullback and asks whether current levels represent value — useful context for investors but not an immediate catalyst. Is Qualcomm (QCOM) Offering Value After Its Recent Share Price Weakness?
- Neutral Sentiment: An EVP executed a Rule 10b5‑1 sale of 2,500 shares at about $130 — disclosed to the market but described as pre‑arranged, so it’s likely neutral for fundamentals. SEC Filing — Insider Sale
- Negative Sentiment: Several analysts have trimmed price targets and ratings (RBC, Mizuho, Daiwa, Zacks cuts cited), which can cap near‑term upside and increases the risk of further downward pressure if guidance or macro data disappoint. Analyst Coverage and Price Target Moves
Qualcomm Stock Performance
Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. During the same period in the prior year, the business posted $3.41 earnings per share. The business’s revenue was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.
Qualcomm announced that its Board of Directors has approved a stock repurchase program on Tuesday, March 17th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.
Analysts Set New Price Targets
QCOM has been the subject of a number of recent research reports. Rosenblatt Securities cut their target price on Qualcomm from $225.00 to $190.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Robert W. Baird set a $177.00 target price on Qualcomm in a research note on Thursday, February 5th. Susquehanna lowered Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 target price for the company. in a research note on Thursday, February 5th. Wells Fargo & Company upgraded Qualcomm from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $135.00 to $185.00 in a research note on Tuesday, February 24th. Finally, Piper Sandler restated an “overweight” rating and issued a $200.00 target price on shares of Qualcomm in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $163.77.
Read Our Latest Analysis on Qualcomm
Insiders Place Their Bets
In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of $130.34, for a total value of $325,850.00. Following the sale, the executive vice president directly owned 30,684 shares in the company, valued at $3,999,352.56. This represents a 7.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the sale, the executive vice president owned 16,393 shares in the company, valued at $2,245,841. This trade represents a 16.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 9,118 shares of company stock worth $1,233,705 over the last quarter. Company insiders own 0.05% of the company’s stock.
Qualcomm Company Profile
Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.
The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.
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