Trivium Point Advisory LLC Has $3.95 Million Holdings in Qualcomm Incorporated $QCOM

Trivium Point Advisory LLC grew its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 597.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,113 shares of the wireless technology company’s stock after buying an additional 19,801 shares during the period. Trivium Point Advisory LLC’s holdings in Qualcomm were worth $3,953,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Harbor Capital Advisors Inc. lifted its position 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 worth $26,000 after buying an additional 65 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in shares of Qualcomm in the third quarter worth about $27,000. Richardson Financial Services Inc. lifted its position 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 worth $29,000 after buying an additional 80 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its position 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 worth $32,000 after buying an additional 101 shares during the last quarter. Finally, Board of the Pension Protection Fund acquired a new position in shares of Qualcomm during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Buying and Selling

In other news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the transaction, the executive vice president directly owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 9,118 shares of company stock valued at $1,233,705. 0.05% of the stock is currently owned by insiders.

Qualcomm Trading Up 1.1%

Shares of QCOM opened at $134.47 on Friday. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $205.95. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $143.48 billion, a price-to-earnings ratio of 27.78 and a beta of 1.28. The stock’s 50-day moving average price is $134.50 and its 200 day moving average price is $156.67.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $12.16 billion. During the same period in the previous year, the company posted $3.41 earnings per share. The company’s quarterly 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, research analysts predict that Qualcomm Incorporated will post 9.39 earnings per share for the current year.

Qualcomm declared that its Board of Directors has initiated a share buyback program on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Robert W. Baird set a $177.00 price objective on Qualcomm in a research report on Thursday, February 5th. Piper Sandler reissued an “overweight” rating and set a $200.00 price objective on shares of Qualcomm in a research report on Thursday, February 5th. Seaport Research Partners reissued a “sell” rating and set a $100.00 price objective on shares of Qualcomm in a research report on Monday, March 16th. Daiwa Securities Group lowered Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research note on Wednesday, February 11th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a research note on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Qualcomm presently has an average rating of “Hold” and a consensus price target of $161.73.

Qualcomm 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.