Coppell Advisory Solutions LLC Sells 15,928 Shares of QUALCOMM Incorporated $QCOM

Coppell Advisory Solutions LLC cut its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 83.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,162 shares of the wireless technology company’s stock after selling 15,928 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in QUALCOMM were worth $501,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Kingstone Capital Partners Texas LLC increased its holdings in QUALCOMM by 656,661.0% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock worth $9,360,274,000 after purchasing an additional 58,764,593 shares in the last quarter. Norges Bank acquired a new position in shares of QUALCOMM during the second quarter worth about $2,713,603,000. Amundi grew its holdings in shares of QUALCOMM by 38.2% during the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after buying an additional 3,186,524 shares in the last quarter. Viking Global Investors LP raised its position in QUALCOMM by 120.1% in the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock valued at $502,125,000 after buying an additional 1,720,529 shares during the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in QUALCOMM by 59.1% in the 2nd quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock valued at $703,675,000 after acquiring an additional 1,641,068 shares in the last quarter. 74.35% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $170.33, for a total transaction of $567,709.89. Following the completion of the sale, the chief financial officer owned 33,208 shares in the company, valued at approximately $5,656,318.64. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Cristiano R. Amon sold 150,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the transaction, the chief executive officer owned 149,304 shares in the company, valued at approximately $24,718,770.24. This trade represents a 50.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 164,388 shares of company stock worth $27,248,752. Company insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on QCOM. Bank of America lifted their price objective on shares of QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a research note on Thursday, November 6th. Susquehanna set a $210.00 price objective on shares of QUALCOMM in a research note on Thursday, November 6th. Wall Street Zen cut QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Finally, Cowen reiterated a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $191.00.

QUALCOMM Stock Down 1.6%

QUALCOMM stock opened at $178.29 on Monday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The company’s 50-day moving average is $170.72 and its 200-day moving average is $162.31. The firm has a market capitalization of $190.95 billion, a PE ratio of 36.46, a P/E/G ratio of 3.91 and a beta of 1.22. 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 quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. The business had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.QUALCOMM’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the company posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio is 72.80%.

QUALCOMM Company Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.