OVERSEA CHINESE BANKING Corp Ltd Trims Stock Position in QUALCOMM Incorporated $QCOM

OVERSEA CHINESE BANKING Corp Ltd decreased its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 42.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,476 shares of the wireless technology company’s stock after selling 11,956 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in QUALCOMM were worth $2,769,000 at the end of the most recent reporting period.

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

Insider Activity at QUALCOMM

In other QUALCOMM news, CAO Patricia Y. Grech sold 513 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $160.95, for a total transaction of $82,567.35. Following the sale, the chief accounting officer owned 203 shares of the company’s stock, valued at approximately $32,672.85. The trade was a 71.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Heather S. Ace sold 1,600 shares of the firm’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. This represents a 7.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 53,155 shares of company stock valued at $9,267,593 over the last quarter. 0.08% of the stock is owned by insiders.

QUALCOMM Trading Down 1.9%

Shares of NASDAQ QCOM opened at $161.39 on Friday. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The company has a market cap of $172.85 billion, a price-to-earnings ratio of 33.00, a PEG ratio of 3.60 and a beta of 1.21. The business’s 50 day moving average price is $172.33 and its 200-day moving average price is $165.60.

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

Wall Street Analysts Forecast Growth

A number of analysts have commented on QCOM shares. Susquehanna set a $210.00 price target on QUALCOMM in a research report on Thursday, November 6th. JPMorgan Chase & Co. increased their target price on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. UBS Group boosted their price objective on 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 QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Twelve equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $190.95.

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.