Astoria Portfolio Advisors LLC. Sells 3,131 Shares of QUALCOMM Incorporated $QCOM

Astoria Portfolio Advisors LLC. decreased its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 29.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,376 shares of the wireless technology company’s stock after selling 3,131 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in QUALCOMM were worth $1,237,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Guinness Asset Management LTD increased its stake in shares of QUALCOMM by 11.6% during the second quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after purchasing an additional 5,779 shares in the last quarter. CORDA Investment Management LLC. boosted its position in shares of QUALCOMM by 18.6% in the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock worth $3,579,000 after purchasing an additional 3,524 shares in the last quarter. Westerkirk Capital Inc. purchased a new stake in shares of QUALCOMM in the 2nd quarter worth approximately $4,539,000. MASTERINVEST Kapitalanlage GmbH bought a new position in QUALCOMM during the 2nd quarter valued at approximately $3,896,000. Finally, Great Lakes Retirement Inc. increased its position in QUALCOMM by 8.0% during the 2nd quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company’s stock valued at $3,454,000 after buying an additional 1,610 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Cantor Fitzgerald reissued a “neutral” rating and issued a $185.00 target price on shares of QUALCOMM in a report on Tuesday. Citigroup lifted their price target on QUALCOMM from $170.00 to $175.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Arete Research set a $200.00 price target on shares of QUALCOMM in a report on Tuesday, August 26th. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Finally, Susquehanna set a $210.00 price objective 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 issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $192.94.

Insider Buying and Selling

In other QUALCOMM news, CAO Patricia Y. Grech sold 203 shares of the business’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $172.87, for a total value of $276,592.00. Following the transaction, the insider owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. The trade was a 7.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 200,023 shares of company stock worth $33,558,154 in the last 90 days. 0.08% of the stock is owned by company insiders.

More QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Qualcomm completed its acquisition of Alphawave Semi roughly a quarter ahead of schedule — the deal adds high‑speed connectivity IP and appoints Alphawave CEO Tony Pialis to lead Qualcomm’s data‑center business, accelerating Qualcomm’s push beyond handsets into higher‑growth data‑center markets. Qualcomm Completes Acquisition of Alphawave Semi
• Positive Sentiment: Market reaction: coverage and trading show shares rose after the Alphawave deal as investors rewarded the strategic expansion into data‑center chips and connectivity IP — supporting the view of a re‑rating away from a pure handset story. Qualcomm Stock Rises After $2.4 Billion Alphawave Semi Deal
• Positive Sentiment: Recent performance: research notes and screens point to Qualcomm outperforming broader market moves recently, reflecting investor interest in its expanding end markets and improving revenue mix. Qualcomm (QCOM) Surpasses Market Returns
• Neutral Sentiment: Valuation and analyst views are mixed — commentary notes Qualcomm’s P/E is at decade highs as the market re‑rates the name; some firms remain cautious (Cantor Fitzgerald neutral) while others keep buy views and higher targets, so continued execution in 2026 will be critical to justify the multiple. Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?
• Negative Sentiment: Insider selling: EVP Ann Chaplin sold 7,180 shares (~$1.28M) earlier this week (reported), trimming her stake ~23% — insider sales can be read as profit‑taking and may create short‑term investor caution. QUALCOMM (NASDAQ:QCOM) EVP Ann Chaplin Sells 7,180 Shares
• Negative Sentiment: Another EVP, Akash J. Palkhiwala, sold 2,538 shares (~$447k) — additional insider sales add to the narrative of executives taking gains ahead of the new year. SEC filing: Insider Sale

QUALCOMM Stock Performance

NASDAQ:QCOM opened at $175.25 on Friday. The stock has a 50-day moving average price of $171.84 and a 200 day moving average price of $163.09. The stock has a market capitalization of $187.69 billion, a P/E ratio of 35.84, a P/E/G ratio of 3.82 and a beta of 1.22. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70.

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. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The company had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. During the same period in the previous year, the firm earned $2.69 EPS. The firm’s revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

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

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.