QUALCOMM Incorporated $QCOM Shares Sold by Asset Planning Inc

Asset Planning Inc reduced its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 5.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,486 shares of the wireless technology company’s stock after selling 143 shares during the quarter. Asset Planning Inc’s holdings in QUALCOMM were worth $396,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Matrix Asset Advisors Inc. NY boosted its holdings in shares of QUALCOMM by 8.9% in the second quarter. Matrix Asset Advisors Inc. NY now owns 207,733 shares of the wireless technology company’s stock valued at $33,083,000 after acquiring an additional 17,036 shares during the period. Apollon Wealth Management LLC raised its stake in shares of QUALCOMM by 1.8% during the second quarter. Apollon Wealth Management LLC now owns 43,719 shares of the wireless technology company’s stock worth $6,963,000 after purchasing an additional 792 shares during the last quarter. Keener Financial Planning LLC raised its stake in shares of QUALCOMM by 1,041.7% during the second quarter. Keener Financial Planning LLC now owns 548 shares of the wireless technology company’s stock worth $87,000 after purchasing an additional 500 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its stake in shares of QUALCOMM by 3.1% during the second quarter. Fifth Third Wealth Advisors LLC now owns 24,131 shares of the wireless technology company’s stock worth $3,843,000 after purchasing an additional 727 shares during the last quarter. Finally, Van Strum & Towne Inc. raised its stake in shares of QUALCOMM by 1.5% during the second quarter. Van Strum & Towne Inc. now owns 23,767 shares of the wireless technology company’s stock worth $3,785,000 after purchasing an additional 343 shares during the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CAO Patricia Y. Grech sold 273 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $161.42, for a total value of $44,067.66. Following the completion of the transaction, the chief accounting officer owned 404 shares in the company, valued at $65,213.68. This trade represents a 40.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Neil Martin sold 791 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the transaction, the chief accounting officer owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. This represents a 41.70% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 159,767 shares of company stock valued at $26,322,745. Company insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on QCOM. Rosenblatt Securities restated a “buy” rating and set a $225.00 price target on shares of QUALCOMM in a research note on Thursday, July 31st. Piper Sandler cut their price target on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Thursday, July 31st. Arete Research set a $200.00 price target on QUALCOMM in a research note on Tuesday, August 26th. UBS Group upped their price target on QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of QUALCOMM in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, QUALCOMM currently has an average rating of “Moderate Buy” and an average target price of $182.82.

QUALCOMM Trading Down 7.3%

NASDAQ:QCOM opened at $153.64 on Friday. The stock has a fifty day moving average price of $160.39 and a two-hundred day moving average price of $153.45. The stock has a market capitalization of $165.77 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 2.24 and a beta of 1.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $182.10.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data 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. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $10.37 billion during the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the prior year, the business posted $2.33 earnings per share. QUALCOMM’s revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Company 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.