Exchange Traded Concepts LLC Trims Stock Holdings in Qualcomm Incorporated $QCOM

Exchange Traded Concepts LLC lowered its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 6.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 360,638 shares of the wireless technology company’s stock after selling 23,966 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Qualcomm were worth $61,687,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Harbor Capital Advisors Inc. raised its stake in shares of Qualcomm by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in Qualcomm in the third quarter valued at approximately $27,000. Lavaca Capital LLC acquired a new position in Qualcomm in the 2nd quarter worth approximately $32,000. Board of the Pension Protection Fund purchased a new position in Qualcomm during the 4th quarter worth approximately $34,000. Finally, Howard Hughes Medical Institute purchased a new position in Qualcomm during the 2nd quarter worth approximately $38,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on QCOM shares. Piper Sandler reaffirmed an “overweight” rating and issued a $200.00 price objective on shares of Qualcomm in a report on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Qualcomm in a report on Monday, December 29th. Cantor Fitzgerald decreased their target price on shares of Qualcomm from $185.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Rosenblatt Securities lowered their price target on shares of Qualcomm from $225.00 to $190.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $140.00 price target (down from $175.00) on shares of Qualcomm in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $165.14.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Clarivate AI50 recognition highlights Qualcomm’s leadership in AI-related tech — a positive credibility signal for longer-term growth in AI chips and platform licensing. Qualcomm Weighs ParkerVision Patent Appeal Against Growing AI50 Recognition
• Positive Sentiment: Increased investor attention flagged by Zacks suggests higher trader interest and volume flows may follow, which can amplify short-term moves. QUALCOMM Incorporated (QCOM) is Attracting Investor Attention: Here is What You Should Know
• Positive Sentiment: Qualcomm recently reported a quarterly EPS beat and provided Q2 guidance — a fundamental support for the stock despite near-term headwinds.
• Neutral Sentiment: Aggregate analyst coverage shows mixed views (roughly equal buy/hold/sell split), which can limit a decisive directional consensus among institutional holders. Qualcomm Incorporated (NASDAQ:QCOM) Receives Consensus Rating of “Hold” from Brokerages
• Neutral Sentiment: Analyst rating shifts tied to indices and Nasdaq composition changes have generated chatter but are more technical than company-specific catalysts. Qualcomm (NASDAQ:QCOM) Draws Mixed Ratings Amid Nasdaq Composite Shifts
• Negative Sentiment: Sanford C. Bernstein downgraded QCOM to Market Perform and cut the price target to $140 (from $175), citing memory-related headwinds and that expectations appear too high — a key near-term negative for sentiment and positioning. Bernstein Lowers Qualcomm (QCOM) PT, Says Expectations “Now Appear Much Too High”
• Negative Sentiment: Erste Group trimmed FY2026 and FY2027 EPS estimates modestly — an indicator of slightly softened near-term profit expectations from at least one sell‑side shop. MarketBeat Qualcomm page (Erste estimate note)
• Negative Sentiment: A ParkerVision appeal could reopen aspects of long-running patent litigation — a legal overhang that introduces uncertainty and potential downside risk if trials or rulings shift. Qualcomm Weighs ParkerVision Patent Appeal Against Growing AI50 Recognition

Qualcomm Price Performance

Shares of NASDAQ QCOM opened at $127.11 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. The stock has a market capitalization of $135.63 billion, a price-to-earnings ratio of 26.26 and a beta of 1.25. The firm’s 50 day simple moving average is $141.12 and its 200-day simple moving average is $160.26. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The firm had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.16 billion. During the same period in the previous year, the business posted $3.41 EPS. The business’s revenue was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Analysts expect that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were given a $0.89 dividend. The ex-dividend date was Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.8%. Qualcomm’s dividend payout ratio is 73.55%.

Qualcomm announced that its board has initiated a share repurchase plan on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Activity

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the sale, the executive vice president directly owned 35,599 shares in the company, valued at $4,900,202.35. This trade represents a 8.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 9,866 shares of company stock worth $1,474,796. Corporate insiders own 0.05% of the company’s stock.

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.