QUALCOMM Incorporated $QCOM Stock Holdings Decreased by Empirical Asset Management LLC

Empirical Asset Management LLC lowered its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 8.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 4,891 shares of the wireless technology company’s stock after selling 453 shares during the period. Empirical Asset Management LLC’s holdings in QUALCOMM were worth $779,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of QCOM. Atlantic Edge Private Wealth Management LLC increased its position in shares of 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 worth $26,000 after purchasing an additional 70 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its position in shares of 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 worth $26,000 after purchasing an additional 93 shares during the last quarter. Chung Wu Investment Group LLC bought a new stake in shares of QUALCOMM in the 2nd quarter worth about $32,000. Harbor Asset Planning Inc. bought a new stake in shares of QUALCOMM in the 2nd quarter worth about $32,000. Finally, Atticus Wealth Management LLC increased its position in shares of QUALCOMM by 21,200.0% in the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after purchasing an additional 212 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Trading Up 0.7%

QUALCOMM stock opened at $164.08 on Friday. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The firm has a 50-day moving average price of $161.68 and a two-hundred day moving average price of $153.67. The firm has a market capitalization of $177.04 billion, a price-to-earnings ratio of 15.82, a PEG ratio of 2.37 and a beta of 1.23. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $182.10.

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

Insiders Place Their Bets

In related news, CAO Neil Martin sold 791 shares of the business’s stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 1,106 shares in the company, valued at $171,230.92. The trade was a 41.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Patricia Y. Grech sold 201 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $170.00, for a total transaction of $34,170.00. Following the completion of the sale, the chief accounting officer owned 203 shares in the company, valued at $34,510. The trade was a 49.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 159,767 shares of company stock worth $26,322,745. Company insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on QCOM. Citigroup reaffirmed a “hold” rating on shares of QUALCOMM in a report on Thursday, July 17th. UBS Group lifted 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of QUALCOMM in a report on Wednesday, October 8th. Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a report on Tuesday, August 26th. Finally, Mizuho decreased their price target on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $182.82.

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.