Hudson Bay Capital Management LP Acquires 159,960 Shares of Qualcomm Incorporated $QCOM

Hudson Bay Capital Management LP increased its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 2,979.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 165,328 shares of the wireless technology company’s stock after purchasing an additional 159,960 shares during the period. Hudson Bay Capital Management LP’s holdings in Qualcomm were worth $27,504,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. waypoint wealth counsel lifted its holdings in Qualcomm by 2.2% during the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after buying an additional 61 shares during the period. Greykasell Wealth Strategies Inc. grew its position in shares of Qualcomm by 1.5% in the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after buying an additional 61 shares during the last quarter. Baron Wealth Management LLC increased its stake in shares of Qualcomm by 4.5% in the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after buying an additional 62 shares during the period. Certified Advisory Corp raised its position in shares of Qualcomm by 0.6% during the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after acquiring an additional 62 shares during the last quarter. Finally, Elser Financial Planning Inc raised its position in shares of Qualcomm by 3.7% during the third quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after acquiring an additional 63 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. JPMorgan Chase & Co. reduced their target price on Qualcomm from $195.00 to $185.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Susquehanna downgraded shares of Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research report on Thursday, February 5th. Rosenblatt Securities reduced their price objective on shares of Qualcomm from $225.00 to $190.00 and set a “buy” rating on the stock in a research note on Thursday, February 5th. Mizuho decreased their price objective on shares of Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Finally, DZ Bank raised shares of Qualcomm to a “strong-buy” rating in a research note on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $168.00.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of Qualcomm 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 sale, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the sale, the executive vice president directly owned 35,599 shares of the company’s stock, valued at $4,900,202.35. The trade was a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 12,404 shares of company stock worth $1,921,357. 0.05% of the stock is owned by insiders.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Board approves a new $20.0 billion, open‑ended stock repurchase authorization (in addition to ≈$2.1B remaining from Nov‑2024 program); company says timing/size will depend on market conditions — a large buyback (RTT/press coverage estimates ~14.5% of shares) signals management confidence and is usually supportive of the share price. Article Title
• Positive Sentiment: Company raised its dividend (annualized payout reported at $3.68), increasing shareholder yield alongside the buyback — further evidence management is prioritizing returns. Article Title
• Positive Sentiment: Bullish investors point out the buyback + dividend and continued beat-and-raise style earnings as signs Qualcomm may be undervalued, especially versus higher‑multiple peers; some investors/analysts are therefore using weakness to add exposure. Article Title
• Neutral Sentiment: Peer comparison pieces (e.g., Corning vs Qualcomm) highlight that other 5G/optics names may offer stronger near‑term growth or AI tailwinds, suggesting investors are weighing alternate ways to play the 5G/AI cycle. Article Title
• Negative Sentiment: Seaport Research Partners (and other street analysts) issued downgrades and set a street‑low $100 price target, citing slowing smartphone volumes, longer upgrade cycles, memory/component supply issues, and intensifying competition — these notes are pressuring the stock despite the capital returns news. Article Title
• Negative Sentiment: Recent analyst downgrades and media pieces flag that the stock has already suffered meaningful YTD losses and could face more downside if smartphone demand and margin pressure persist — short‑to‑medium term growth concerns are outweighing the buyback headline for some investors. Article Title

Qualcomm Trading Down 0.9%

NASDAQ QCOM opened at $130.47 on Thursday. The stock has a market capitalization of $139.21 billion, a P/E ratio of 26.96 and a beta of 1.25. The business has a 50 day simple moving average of $146.59 and a 200 day simple moving average of $161.74. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. Qualcomm Incorporated has a one year low of $120.80 and a one year 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 the consensus estimate of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Research analysts expect that Qualcomm Incorporated will post 9.39 earnings per share for the current year.

Qualcomm Dividend Announcement

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

Qualcomm announced that its Board of Directors has approved a share buyback plan 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 plans are typically a sign that the company’s board believes its stock is undervalued.

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.