Meeder Asset Management Inc. Purchases 97,929 Shares of QUALCOMM Incorporated $QCOM

Meeder Asset Management Inc. increased its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 547.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 115,826 shares of the wireless technology company’s stock after buying an additional 97,929 shares during the period. QUALCOMM comprises approximately 1.1% of Meeder Asset Management Inc.’s holdings, making the stock its 24th largest position. Meeder Asset Management Inc.’s holdings in QUALCOMM were worth $19,269,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. grew its holdings in QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 65 shares in the last quarter. Chung Wu Investment Group LLC purchased a new position in QUALCOMM during the second quarter valued at $32,000. Harbor Asset Planning Inc. bought a new stake in QUALCOMM in the 2nd quarter valued at $32,000. Winnow Wealth LLC purchased a new stake in QUALCOMM in the 2nd quarter worth $32,000. Finally, Lavaca Capital LLC bought a new position in shares of QUALCOMM during the 2nd quarter valued at about $32,000. Institutional investors own 74.35% of the company’s stock.

Insider Activity

In other news, CAO Patricia Y. Grech sold 203 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $173.30, for a total transaction of $577,608.90. Following the completion of the transaction, the executive vice president directly owned 38,932 shares in the company, valued at $6,746,915.60. This represents a 7.89% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 53,155 shares of company stock valued at $9,267,593. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on QCOM. Weiss Ratings reaffirmed a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. Piper Sandler upped their price target on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Mizuho set a $175.00 target price on shares of QUALCOMM and gave the company a “neutral” rating in a research report on Friday. Cantor Fitzgerald reissued a “neutral” rating and set a $185.00 price objective on shares of QUALCOMM in a research note on Tuesday, December 16th. Finally, Bank of America lifted their target price on QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.56.

QUALCOMM News Roundup

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Analysts are rethinking Qualcomm’s investment story after new AI and Android-related announcements at CES, highlighting stronger on-device AI positioning and a broader competitive footprint that could lift long‑term growth expectations. Read More.
• Positive Sentiment: QCOM expanded automotive wins: a Hyundai Mobis partnership to co-develop software-defined vehicles and ADAS using Snapdragon Ride Flex — this could accelerate recurring software/processor revenue from autos. Read More.
• Positive Sentiment: Qualcomm struck a long‑term supply deal to provide infotainment tech for Volkswagen’s new software platform, reinforcing automotive content gains and multi-year revenue visibility. Read More.
• Positive Sentiment: JPMorgan and other CES takeaways show Qualcomm’s Snapdragon platforms are moving deeper into PCs and high‑end laptops, expanding TAM beyond phones and supporting the company’s diversification narrative. Read More.
• Positive Sentiment: Qualcomm showcased robot and AI compute use cases at CES (and in an investor video explaining humanoid-robot deployments), signaling on-device AI traction that supports higher-margin, software-enabled opportunities. Read More. • Read More.
• Neutral Sentiment: Technicals: MarketBeat notes Qualcomm is pressing a key resistance (~$183) after a tightening wedge; a decisive breakout could be bullish, but failure would keep the stock range‑bound — important near-term chart risk/reward ahead of earnings. Read More.
• Neutral Sentiment: Earnings preview: Analysts expect a modest, single‑digit EPS decline for the coming quarter, making the upcoming report a key catalyst — upside beats could drive a sharp move, misses could amplify downside. Read More.
• Neutral Sentiment: Increased investor attention noted by Zacks — higher search/flow can magnify moves in either direction as earnings approach. Read More.
• Negative Sentiment: Mizuho downgraded Qualcomm citing growing handset headwinds — persistent weakness in smartphone volumes/pricing could pressure near‑term earnings and margins, countering diversification gains. Read More.

QUALCOMM Stock Down 2.2%

Shares of NASDAQ:QCOM opened at $177.78 on Monday. The firm has a market capitalization of $190.40 billion, a PE ratio of 36.36, a price-to-earnings-growth ratio of 3.89 and a beta of 1.21. The business has a 50 day simple moving average of $173.25 and a two-hundred day simple moving average of $165.51. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10.

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

QUALCOMM Company Profile

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.