Danske Bank A S Acquires Shares of 591,206 Qualcomm Incorporated $QCOM

Danske Bank A S purchased a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) during the third quarter, Holdings Channel reports. The institutional investor purchased 591,206 shares of the wireless technology company’s stock, valued at approximately $98,353,000.

Several other institutional investors and hedge funds have also bought and sold shares of QCOM. Harbor Capital Advisors Inc. boosted its position in Qualcomm by 72.2% during 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 period. Cloud Capital Management LLC bought a new stake in shares of Qualcomm in the third quarter valued at approximately $27,000. Winnow Wealth LLC bought a new stake in shares of Qualcomm in the second quarter valued at approximately $32,000. Lavaca Capital LLC purchased a new stake in shares of Qualcomm during the 2nd quarter valued at approximately $32,000. Finally, Howard Hughes Medical Institute bought a new position in Qualcomm in the 2nd quarter worth approximately $38,000. 74.35% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction on 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 directly owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Akash J. Palkhiwala sold 10,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $175.12, for a total value of $1,751,200.00. Following the sale, the executive vice president owned 44,803 shares in the company, valued at $7,845,901.36. The trade was a 18.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 22,404 shares of company stock worth $3,672,557 in the last three months. Insiders own 0.05% of the company’s stock.

Qualcomm Price Performance

Qualcomm stock opened at $131.59 on Wednesday. The stock has a market cap of $140.41 billion, a price-to-earnings ratio of 27.19 and a beta of 1.25. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The business has a 50-day simple moving average of $147.58 and a 200 day simple moving average of $161.96. Qualcomm Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95.

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

Qualcomm announced that its Board of Directors has initiated a stock buyback program on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Qualcomm Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s payout ratio is currently 73.55%.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Board authorized a new $20 billion share‑repurchase program and boosted the quarterly dividend, a clear signal of capital-return focus that increases EPS support and buy-side demand. Chipmaker Qualcomm unveils $20 billion stock buyback program
• Positive Sentiment: Market reaction: reports show the buyback announcement triggered an immediate uptick in the share price as investors welcomed the large repurchase and dividend hike as shareholder-friendly and value-supportive. Qualcomm (QCOM) Stock Jumps 3% on Massive $20B Share Repurchase Plan
• Positive Sentiment: Bull case reinforced: analysts/commentary argue QCOM is undervalued, and management’s buyback plus dividend increase signals confidence in cash flow and long‑term prospects, supporting upside if automotive and AI investments scale. Why I’m Still Buying Qualcomm
• Neutral Sentiment: Strategic growth: Qualcomm is continuing to invest in automotive and AI (e.g., collaboration to integrate driving stack software/hardware), which diversifies revenue but will take time to offset smartphone headwinds. Qualcomm And Wayve Target Automotive AI Revenue With Integrated Driving Stack
• Negative Sentiment: Analyst pressure: multiple recent downgrades (including Seaport Global) and at least three negative analyst calls in ~60 days highlight concerns around shrinking smartphone TAM, memory supply constraints, and near‑term revenue headwinds. Qualcomm downgraded at Seaport on shrinking market, memory crunch
• Negative Sentiment: Price momentum: recent multi‑day declines and notes that “big money” has stepped back point to investor caution; structural smartphone weakness and short‑term execution risks could keep pressure on the stock despite buybacks. Why Big Money Is Steering Clear Of Qualcomm Stock This Week

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. DZ Bank upgraded Qualcomm to a “strong-buy” rating in a research report on Tuesday, February 10th. Rosenblatt Securities reduced their price target on Qualcomm from $225.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Loop Capital upgraded Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price objective on the stock in a research note on Tuesday, February 24th. Wells Fargo & Company upgraded Qualcomm from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $135.00 to $185.00 in a research note on Tuesday, February 24th. Finally, Wall Street Zen lowered Qualcomm from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $168.00.

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.