QUALCOMM Incorporated $QCOM Shares Sold by Inspire Investing LLC

Inspire Investing LLC trimmed its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 38.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,716 shares of the wireless technology company’s stock after selling 12,466 shares during the quarter. Inspire Investing LLC’s holdings in QUALCOMM were worth $3,280,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Guinness Asset Management LTD boosted its stake in QUALCOMM by 11.6% during the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after purchasing an additional 5,779 shares during the period. CORDA Investment Management LLC. increased its position in QUALCOMM by 18.6% in the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after acquiring an additional 3,524 shares during the period. Westerkirk Capital Inc. acquired a new position in shares of QUALCOMM during the second quarter valued at $4,539,000. MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of QUALCOMM during the 2nd quarter worth about $3,896,000. Finally, Great Lakes Retirement Inc. raised its position in shares of QUALCOMM by 8.0% during the 2nd quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company’s stock worth $3,454,000 after buying an additional 1,610 shares in the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other QUALCOMM news, EVP Akash J. Palkhiwala sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $175.12, for a total value of $1,751,200.00. Following the transaction, the executive vice president owned 44,803 shares in the company, valued at approximately $7,845,901.36. This represents a 18.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the transaction, the chief executive officer owned 149,304 shares in the company, valued at approximately $24,718,770.24. This represents a 50.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 199,822 shares of company stock valued at $33,523,984 in the last three months. 0.08% of the stock is currently owned by insiders.

QUALCOMM Price Performance

QCOM opened at $174.76 on Thursday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $187.17 billion, a P/E ratio of 35.74, a PEG ratio of 3.83 and a beta of 1.22. The stock has a fifty day moving average of $172.59 and a 200-day moving average of $163.74.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.13. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. During the same period in the previous year, the firm earned $2.69 earnings per share. QUALCOMM’s quarterly revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Susquehanna set a $210.00 price objective on shares of QUALCOMM in a research note on Thursday, November 6th. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a research note on Thursday, November 6th. Bank of America upped their price objective on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Finally, UBS Group lifted their target price on QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.94.

About QUALCOMM

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.