Greenwood Capital Associates LLC Has $7.59 Million Stake in Qualcomm Incorporated $QCOM

Greenwood Capital Associates LLC lifted its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 110.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,974 shares of the wireless technology company’s stock after purchasing an additional 30,960 shares during the period. Greenwood Capital Associates LLC’s holdings in Qualcomm were worth $7,595,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. PCB Capital LLC grew its holdings in Qualcomm by 18.4% in the 1st quarter. PCB Capital LLC now owns 2,249 shares of the wireless technology company’s stock valued at $290,000 after buying an additional 349 shares in the last quarter. Stenger Family Office LLC increased its position in Qualcomm by 12.6% during the 1st quarter. Stenger Family Office LLC now owns 16,628 shares of the wireless technology company’s stock worth $2,141,000 after buying an additional 1,861 shares during the period. Virginia Wealth Management Group Inc. lifted its holdings in shares of Qualcomm by 3.9% during the first quarter. Virginia Wealth Management Group Inc. now owns 30,683 shares of the wireless technology company’s stock worth $3,951,000 after buying an additional 1,156 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of Qualcomm by 0.9% during the first quarter. Axxcess Wealth Management LLC now owns 43,586 shares of the wireless technology company’s stock worth $5,613,000 after buying an additional 400 shares in the last quarter. Finally, Marino Stram & Associates LLC boosted its position in shares of Qualcomm by 4.6% in the first quarter. Marino Stram & Associates LLC now owns 2,450 shares of the wireless technology company’s stock valued at $316,000 after acquiring an additional 107 shares during the period. Institutional investors own 74.35% of the company’s stock.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is drawing attention for a major push into AI, with commentary suggesting its “AI factory” bet could help the company capitalize on the next phase of semiconductor demand. Qualcomm AI Factory Bet Comes as the Semiconductor Pendulum Swings
• Positive Sentiment: Recent AI semiconductor coverage highlights QCOM as one of several beaten-down chip stocks that could rebound in the second half of 2026 if product roadmaps and diversification translate into stronger estimates. 3 Beaten Down AI Semiconductor Giants of 1H 2026 That Could Soar in 2H
• Neutral Sentiment: Goldman Sachs kept its Hold rating on Qualcomm, reinforcing a wait-and-see stance rather than a clear bullish or bearish catalyst. Goldman Sachs Sticks to Its Hold Rating for Qualcomm (QCOM)
• Neutral Sentiment: Qualcomm was removed from several Russell growth and defensive indexes, which can affect passive fund flows but is more of a mechanical rebalancing event than a fundamental shift. QUALCOMM (QCOM) Leaves Russell Growth Indexes, Is The Stock Cheap Or Pricey?
• Neutral Sentiment: Recent coverage also notes Qualcomm’s valuation looks more balanced after the AI news, with some models showing the stock as roughly fairly valued despite the longer-term rally. Qualcomm (QCOM) Stock Looks Fairly Valued After Fresh AI Demand News
• Negative Sentiment: Broader semiconductor weakness and warnings about chip stocks have been a headwind, with investors still worried about pricing pressure and uneven demand across the sector. Chip Stocks Just Flashed a Warning Even Wall Street’s Bulls Can’t Ignore
• Negative Sentiment: Investor caution remains around Qualcomm’s near-term outlook due to possible smartphone softness and tough competition, which could limit upside if AI growth takes time to scale. Facing potential smartphone weakness and tough competition, Qualcomm stock’s outlook is not particularly strong

Analysts Set New Price Targets

Several equities analysts recently commented on QCOM shares. Sanford C. Bernstein upped their price target on shares of Qualcomm from $140.00 to $235.00 and gave the company a “market perform” rating in a research note on Thursday, June 25th. Argus set a $220.00 price objective on shares of Qualcomm in a research note on Friday, May 1st. Roth Capital began coverage on shares of Qualcomm in a report on Friday, May 8th. They issued a “buy” rating for the company. Melius Research set a $220.00 target price on shares of Qualcomm in a research report on Monday, May 18th. Finally, Freedom Capital cut shares of Qualcomm from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $220.45.

Insiders Place Their Bets

In other news, CAO Patricia Y. Grech sold 829 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total value of $167,267.33. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the sale, the chief executive officer owned 197,568 shares in the company, valued at approximately $35,562,240. The trade was a 4.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 21,721 shares of company stock worth $3,918,290. Insiders own 0.05% of the company’s stock.

Qualcomm Stock Up 2.0%

NASDAQ QCOM opened at $186.56 on Thursday. The business has a fifty day moving average price of $208.10 and a two-hundred day moving average price of $168.10. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $259.92. The stock has a market capitalization of $196.63 billion, a PE ratio of 20.28, a PEG ratio of 5.44 and a beta of 1.63.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. During the same quarter last year, the company posted $2.85 EPS. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Equities analysts expect that Qualcomm Incorporated will post 7.96 earnings per share for the current fiscal year.

Qualcomm announced that its Board of Directors has authorized 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 stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Qualcomm 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.