Sanctuary Advisors LLC Decreases Stock Position in Qualcomm Incorporated $QCOM

Sanctuary Advisors LLC lessened its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 4.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 214,831 shares of the wireless technology company’s stock after selling 10,763 shares during the period. Sanctuary Advisors LLC’s holdings in Qualcomm were worth $27,666,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of QCOM. Your Advocates Ltd. LLP bought a new position in Qualcomm during the first quarter valued at $26,000. Richardson Financial Services Inc. lifted its holdings in shares of Qualcomm by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 80 shares during the last quarter. Torren Management LLC purchased a new position in shares of Qualcomm during the 4th quarter worth about $29,000. Caitong International Asset Management Co. Ltd grew its holdings in Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 170 shares during the last quarter. Finally, Birchwood Financial Partners Inc. bought a new position in Qualcomm during the 4th quarter valued at about $31,000. 74.35% of the stock is currently owned by institutional investors.

Insider Transactions at Qualcomm

In other Qualcomm news, CAO Patricia Y. Grech sold 829 shares of Qualcomm stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total transaction of $167,267.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $180.00, for a total value of $1,800,000.00. Following the completion of the sale, the chief executive officer owned 197,568 shares of the company’s stock, valued at $35,562,240. This represents a 4.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 21,721 shares of company stock worth $4,044,465 over the last three months. Company insiders own 0.05% of the company’s stock.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Analyst commentary is turning more constructive ahead of Qualcomm’s upcoming earnings, with one preview arguing the market has not fully priced in the company’s growth potential. Qualcomm Earnings Preview: A Lot Of Growth Potential Not Baked In Yet (Rating Upgrade)
• Positive Sentiment: Qualcomm confirmed it will report fiscal third-quarter 2026 results on July 29, which keeps investors focused on a potential catalyst if results or guidance surprise to the upside. Qualcomm Schedules Third Quarter Fiscal 2026 Earnings Release and Conference Call
• Positive Sentiment: Some recent analysis continues to frame Qualcomm as a value and AI-growth story, highlighting its cash generation and potential upside in data center/AI-related opportunities. QCOM: A Cash Gusher At A Marked-Down Price
• Neutral Sentiment: Qualcomm also announced the timing of its earnings call through another wire release, reinforcing that the next major stock-moving event is the late-July report. Qualcomm Schedules Third Quarter Fiscal 2026 Earnings Release and Conference Call
• Negative Sentiment: A short-seller-driven story added pressure by claiming a rumored Qualcomm-Anthropic partnership signal was not real, dampening enthusiasm around a potential AI catalyst. QCOM stock suffers 3-day slide: Short seller flags ‘hidden’ Anthropic partnership code — then finds deal wasn’t real
• Negative Sentiment: Insider selling by EVP Akash Palkhiwala, though conducted under a pre-arranged trading plan, may add to near-term negative sentiment. Akash Palkhiwala Sells 2,500 Shares of Qualcomm (NASDAQ:QCOM) Stock

Analyst Upgrades and Downgrades

QCOM has been the subject of several analyst reports. Morgan Stanley raised shares of Qualcomm from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $146.00 to $231.00 in a research note on Thursday, June 25th. UBS Group upped their target price on Qualcomm from $170.00 to $235.00 and gave the company a “neutral” rating in a research note on Thursday, June 25th. Summit Insights upgraded Qualcomm from a “hold” rating to a “buy” rating in a report on Thursday, April 30th. Cantor Fitzgerald set a $220.00 price target on Qualcomm and gave the stock a “neutral” rating in a research note on Thursday, June 25th. Finally, Rosenblatt Securities boosted their price objective on Qualcomm from $190.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-one have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Qualcomm presently has an average rating of “Hold” and an average target price of $221.31.

Qualcomm Trading Down 0.1%

Shares of QCOM opened at $177.98 on Thursday. The firm has a market capitalization of $187.59 billion, a price-to-earnings ratio of 19.35, a PEG ratio of 5.30 and a beta of 1.63. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92. The company has a 50-day moving average of $209.21 and a 200 day moving average of $168.43.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The business had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, research analysts expect that Qualcomm Incorporated will post 7.96 EPS for the current year.

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.