RFG Advisory LLC Cuts Stake in Qualcomm Incorporated $QCOM

RFG Advisory LLC lowered its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 31.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,535 shares of the wireless technology company’s stock after selling 7,156 shares during the period. RFG Advisory LLC’s holdings in Qualcomm were worth $2,871,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of QCOM. 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 worth $2,666,000 after purchasing an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings 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 buying an additional 340 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in Qualcomm by 44.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after buying an additional 1,020 shares in the last quarter. Main Street Financial Solutions LLC grew its holdings in Qualcomm by 6.1% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock valued at $920,000 after buying an additional 333 shares in the last quarter. Finally, Transamerica Financial Advisors LLC increased its stake in Qualcomm by 9.7% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock worth $1,083,000 after acquiring an additional 603 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Transactions at Qualcomm

In related news, EVP Heather Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the completion of the transaction, the executive vice president directly owned 36,535 shares of the company’s stock, valued at approximately $5,372,106.40. The trade was a 8.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash Palkhiwala sold 2,500 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total transaction of $408,150.00. Following the transaction, the executive vice president owned 20,684 shares in the company, valued at $3,376,869.84. The trade was a 10.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 9,033 shares of company stock worth $1,467,844. 0.05% of the stock is currently owned by insiders.

Qualcomm Price Performance

Shares of Qualcomm stock opened at $176.88 on Friday. The stock has a market cap of $185.76 billion, a price-to-earnings ratio of 20.47, a price-to-earnings-growth ratio of 3.68 and a beta of 1.68. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02. The stock has a 50 day moving average price of $168.34 and a 200-day moving average price of $170.75. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). The company had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $9.69 billion. Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is 42.59%.

Analyst Ratings Changes

QCOM has been the topic of several recent research reports. Monness Crespi & Hardt raised Qualcomm to a “buy” rating in a report on Thursday, June 25th. Sanford C. Bernstein restated a “market perform” rating on shares of Qualcomm in a research report on Wednesday. Melius Research set a $220.00 price target on shares of Qualcomm in a research note on Monday, May 18th. The Goldman Sachs Group set a $160.00 price objective on shares of Qualcomm in a research report on Thursday, July 30th. Finally, Barclays reissued an “underweight” rating on shares of Qualcomm in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-two have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $204.10.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Amazon deal strengthens Qualcomm’s data-center story. AWS will use Qualcomm custom data-center chips and optical networking technology, with warrants and potential purchases of up to $60 billion through 2036. The agreement provides tangible customer validation for Qualcomm’s push into AI infrastructure and diversifies revenue beyond mobile handsets. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• Positive Sentiment: Management sees a sizable long-term opportunity. Qualcomm’s CFO highlighted a potential $5 billion data-center business and said its “port once” software and hardware approach could attract additional hyperscaler and AI-chip customers. Analysts and market commentators view the Amazon partnership as a meaningful change in the company’s investment thesis. Qualcomm up 3% on Amazon AI pact; CFO eyes $5B data center target
• Positive Sentiment: Rosenblatt reaffirmed a Buy rating with a $235 price target, implying substantial upside from the reference price. The target reflects optimism that AI infrastructure, data centers and other new markets can offset slower mobile-chip growth. Qualcomm analyst rating and price target
• Neutral Sentiment: Investors are comparing Qualcomm with ASML as both semiconductor companies pursue AI and advanced-chip opportunities, but the comparison does not provide a specific new earnings forecast or valuation change for QCOM. ASML vs. QCOM: Which Semiconductor Stock is the Better Buy Now?
• Negative Sentiment: Apple is gradually reducing its dependence on Qualcomm. The iPhone 18 Pro reportedly uses Apple’s C2 modem, although the Pro Max still appears to rely on Qualcomm technology in some markets. Further in-house modem adoption could pressure Qualcomm’s handset revenue and licensing relationship with Apple. iPhone 18 Pro Debuts C2 Modem As Apple Keeps Weaning Off Qualcomm
• Neutral Sentiment: Reported short-interest data appears unreliable: the update lists zero shares on both dates and a zero-day cover ratio, while also showing an undefined percentage change. It therefore offers no meaningful indication of changing bearish positioning.

Qualcomm Profile

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.