Inspire Investing LLC Buys 15,374 Shares of QUALCOMM Incorporated $QCOM

Inspire Investing LLC increased its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 78.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,918 shares of the wireless technology company’s stock after acquiring an additional 15,374 shares during the quarter. QUALCOMM comprises approximately 0.6% of Inspire Investing LLC’s holdings, making the stock its 27th largest holding. Inspire Investing LLC’s holdings in QUALCOMM were worth $5,364,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. WFA Asset Management Corp bought a new position in QUALCOMM during the first quarter worth $27,000. 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 valued at $26,000 after buying an additional 93 shares during the period. Atlantic Edge Private Wealth Management LLC increased its holdings in QUALCOMM by 70.0% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 70 shares during the period. Sunbeam Capital Management LLC bought a new stake in QUALCOMM in the 4th quarter valued at $29,000. Finally, Mascagni Wealth Management Inc. bought a new stake in QUALCOMM in the 4th quarter valued at $30,000. Institutional investors own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on QCOM. UBS Group boosted their price target on shares of QUALCOMM from $145.00 to $165.00 and gave the company a “neutral” rating in a report on Monday, July 21st. JPMorgan Chase & Co. boosted their price target on shares of QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Sanford C. Bernstein set a $185.00 price target on shares of QUALCOMM and gave the company an “outperform” rating in a report on Monday, July 28th. Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. Finally, Citigroup reissued a “hold” rating on shares of QUALCOMM in a report on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, QUALCOMM currently has a consensus rating of “Moderate Buy” and an average price target of $182.82.

Insider Activity at QUALCOMM

In related news, CAO Patricia Y. Grech sold 236 shares of the company’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $158.36, for a total transaction of $37,372.96. Following the transaction, the chief accounting officer owned 677 shares in the company, valued at $107,209.72. This represents a 25.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Neil Martin sold 791 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $154.82, for a total transaction of $122,462.62. Following the transaction, the chief accounting officer owned 1,106 shares in the company, valued at approximately $171,230.92. This trade represents a 41.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,626 shares of company stock worth $1,948,054 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Stock Up 1.6%

Shares of NASDAQ QCOM opened at $161.51 on Friday. The firm’s 50-day simple moving average is $156.40 and its 200 day simple moving average is $152.09. The company has a market cap of $174.27 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 2.31 and a beta of 1.21. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.06. The business had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, September 4th. This represents a $3.56 annualized dividend and a yield of 2.2%. QUALCOMM’s dividend payout ratio is 34.33%.

QUALCOMM Profile

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.