Qualcomm Incorporated $QCOM Stock Position Lifted by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp lifted its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 3.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 130,114 shares of the wireless technology company’s stock after acquiring an additional 3,954 shares during the quarter. Qualcomm comprises about 2.5% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 14th biggest holding. Noesis Capital Mangement Corp’s holdings in Qualcomm were worth $16,756,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in shares of Qualcomm by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after buying an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Qualcomm by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares in the last quarter. Sivia Capital Partners LLC lifted its position in Qualcomm by 44.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock worth $530,000 after buying an additional 1,020 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings in shares of Qualcomm by 6.1% during the second quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock worth $920,000 after acquiring an additional 333 shares in the last quarter. Finally, Transamerica Financial Advisors LLC lifted its holdings in shares of Qualcomm by 9.7% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock valued at $1,083,000 after buying an additional 603 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Cristiano R. Amon sold 10,000 shares of Qualcomm stock in a transaction dated 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 of the company’s stock, valued at approximately $35,562,240. The trade was a 4.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the transaction, the executive vice president owned 39,735 shares in the company, valued at $7,065,677.70. The trade was a 7.45% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 21,721 shares of company stock worth $4,044,465. Company insiders own 0.05% of the company’s stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Analyst commentary is turning more constructive ahead of Qualcomm’s upcoming earnings, with one preview arguing the market has not fully priced in the company’s growth potential. Qualcomm Earnings Preview: A Lot Of Growth Potential Not Baked In Yet (Rating Upgrade)
• Positive Sentiment: Qualcomm confirmed it will report fiscal third-quarter 2026 results on July 29, which keeps investors focused on a potential catalyst if results or guidance surprise to the upside. Qualcomm Schedules Third Quarter Fiscal 2026 Earnings Release and Conference Call
• Positive Sentiment: Some recent analysis continues to frame Qualcomm as a value and AI-growth story, highlighting its cash generation and potential upside in data center/AI-related opportunities. QCOM: A Cash Gusher At A Marked-Down Price
• Neutral Sentiment: Qualcomm also announced the timing of its earnings call through another wire release, reinforcing that the next major stock-moving event is the late-July report. Qualcomm Schedules Third Quarter Fiscal 2026 Earnings Release and Conference Call
• Negative Sentiment: A short-seller-driven story added pressure by claiming a rumored Qualcomm-Anthropic partnership signal was not real, dampening enthusiasm around a potential AI catalyst. QCOM stock suffers 3-day slide: Short seller flags ‘hidden’ Anthropic partnership code — then finds deal wasn’t real
• Negative Sentiment: Insider selling by EVP Akash Palkhiwala, though conducted under a pre-arranged trading plan, may add to near-term negative sentiment. Akash Palkhiwala Sells 2,500 Shares of Qualcomm (NASDAQ:QCOM) Stock

Qualcomm Stock Down 0.1%

Qualcomm stock opened at $177.98 on Thursday. The company has a 50 day moving average of $209.21 and a 200-day moving average of $168.43. The stock has a market capitalization of $187.59 billion, a PE ratio of 19.35, a price-to-earnings-growth ratio of 5.30 and a beta of 1.63. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92.

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

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. UBS Group boosted their price target on Qualcomm from $170.00 to $235.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. TD Cowen upped their price objective on shares of Qualcomm from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Monday. Monness Crespi & Hardt raised Qualcomm to a “buy” rating in a research report on Thursday, June 25th. Dbs Bank raised Qualcomm to a “moderate buy” rating in a report on Tuesday, July 7th. Finally, Morgan Stanley raised shares of Qualcomm from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $146.00 to $231.00 in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-one have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Qualcomm has a consensus rating of “Hold” and a consensus price target of $221.31.

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.