LS Investment Advisors LLC Has $12.69 Million Position in QUALCOMM Incorporated $QCOM

LS Investment Advisors LLC cut its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 8.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 76,307 shares of the wireless technology company’s stock after selling 7,166 shares during the quarter. QUALCOMM makes up 1.8% of LS Investment Advisors LLC’s portfolio, making the stock its 19th largest position. LS Investment Advisors LLC’s holdings in QUALCOMM were worth $12,694,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Motco lifted its position in shares of QUALCOMM by 0.4% during the third quarter. Motco now owns 35,676 shares of the wireless technology company’s stock worth $5,935,000 after purchasing an additional 141 shares in the last quarter. River Street Advisors LLC increased its holdings in shares of QUALCOMM by 2.9% in the third quarter. River Street Advisors LLC now owns 8,227 shares of the wireless technology company’s stock valued at $1,369,000 after purchasing an additional 228 shares in the last quarter. Park Place Capital Corp raised its position in QUALCOMM by 4.2% in the 3rd quarter. Park Place Capital Corp now owns 7,390 shares of the wireless technology company’s stock worth $1,229,000 after purchasing an additional 295 shares during the last quarter. Daymark Wealth Partners LLC lifted its holdings in QUALCOMM by 0.3% during the 3rd quarter. Daymark Wealth Partners LLC now owns 127,186 shares of the wireless technology company’s stock worth $21,159,000 after buying an additional 347 shares in the last quarter. Finally, Crown Wealth Group LLC boosted its position in QUALCOMM by 5.4% in the 3rd quarter. Crown Wealth Group LLC now owns 1,437 shares of the wireless technology company’s stock valued at $239,000 after buying an additional 73 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

QCOM has been the topic of a number of recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. Mizuho lifted their price objective on QUALCOMM from $185.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. lifted their price objective on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. UBS Group upped their target price on shares of QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Finally, Wall Street Zen cut shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $192.94.

Insider Transactions at QUALCOMM

In related news, EVP Akash J. Palkhiwala sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $175.12, for a total value of $1,751,200.00. Following the completion of the transaction, the executive vice president directly owned 44,803 shares in the company, valued at approximately $7,845,901.36. The trade was a 18.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Alexander H. Rogers sold 15,917 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the sale, the executive vice president owned 26,071 shares in the company, valued at $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 49,822 shares of company stock valued at $8,689,984. Insiders own 0.08% of the company’s stock.

QUALCOMM Stock Up 1.1%

QUALCOMM stock opened at $172.98 on Monday. The firm has a market capitalization of $185.26 billion, a price-to-earnings ratio of 35.37, a PEG ratio of 3.79 and a beta of 1.21. The company’s 50 day simple moving average is $173.39 and its 200 day simple moving average is $164.60. 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 Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95.

QUALCOMM (NASDAQ:QCOM) last posted its 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. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The company had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. During the same period last year, the business posted $2.69 earnings per share. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current year.

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.