Optimum Investment Advisors Sells 200 Shares of QUALCOMM Incorporated $QCOM

Optimum Investment Advisors decreased its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 2.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,041 shares of the wireless technology company’s stock after selling 200 shares during the period. Optimum Investment Advisors’ holdings in QUALCOMM were worth $1,440,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its stake in shares of QUALCOMM by 656,661.0% during the second quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock valued at $9,360,274,000 after purchasing an additional 58,764,593 shares during the period. Nuveen LLC purchased a new stake in shares of QUALCOMM during the first quarter valued at $529,713,000. Goldman Sachs Group Inc. boosted its stake in shares of QUALCOMM by 24.1% during the first quarter. Goldman Sachs Group Inc. now owns 7,254,759 shares of the wireless technology company’s stock valued at $1,114,403,000 after purchasing an additional 1,407,797 shares during the period. Deutsche Bank AG boosted its stake in shares of QUALCOMM by 11.2% during the first quarter. Deutsche Bank AG now owns 8,665,910 shares of the wireless technology company’s stock valued at $1,331,170,000 after purchasing an additional 875,412 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of QUALCOMM by 84.6% during the first quarter. AQR Capital Management LLC now owns 1,544,011 shares of the wireless technology company’s stock valued at $230,444,000 after purchasing an additional 707,615 shares during the period. Institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, CAO Patricia Y. Grech sold 201 shares of the stock in a transaction dated Monday, September 22nd. The shares were 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 directly owned 203 shares of the company’s stock, valued at approximately $34,510. This represents a 49.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $146.40, for a total transaction of $234,240.00. Following the transaction, the insider owned 21,193 shares in the company, valued at approximately $3,102,655.20. This trade represents a 7.02% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 168,102 shares of company stock valued at $27,706,855. 0.08% of the stock is currently owned by corporate insiders.

QUALCOMM Stock Performance

QCOM stock opened at $168.94 on Friday. The firm has a market cap of $182.29 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 2.45 and a beta of 1.23. The firm has a 50-day simple moving average of $163.40 and a two-hundred day simple moving average of $155.12. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $182.10. 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 (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.71 by $0.06. The business 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%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, equities analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio is presently 34.33%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Weiss Ratings raised shares of QUALCOMM from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday. Sanford C. Bernstein set a $185.00 price objective on shares of QUALCOMM and gave the stock an “outperform” rating in a research note on Monday, July 28th. Citigroup reaffirmed a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. JPMorgan Chase & Co. upped their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Finally, Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a research note on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, QUALCOMM presently has an average rating of “Moderate Buy” and an average price target of $183.27.

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.