QUALCOMM Incorporated $QCOM Shares Bought by Berger Financial Group Inc

Berger Financial Group Inc boosted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 567.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,617 shares of the wireless technology company’s stock after purchasing an additional 19,226 shares during the period. Berger Financial Group Inc’s holdings in QUALCOMM were worth $3,763,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of QUALCOMM by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after buying an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in QUALCOMM by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares in the last quarter. Groupe la Francaise raised its holdings in QUALCOMM by 9.4% in the first quarter. Groupe la Francaise now owns 2,956 shares of the wireless technology company’s stock valued at $467,000 after acquiring an additional 253 shares in the last quarter. Apexium Financial LP boosted its stake in QUALCOMM by 8.0% during the 1st quarter. Apexium Financial LP now owns 2,285 shares of the wireless technology company’s stock valued at $351,000 after acquiring an additional 169 shares during the last quarter. Finally, Taikang Asset Management Hong Kong Co Ltd grew its holdings in QUALCOMM by 25.7% during the 1st quarter. Taikang Asset Management Hong Kong Co Ltd now owns 56,326 shares of the wireless technology company’s stock worth $8,652,000 after acquiring an additional 11,526 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Activity at QUALCOMM

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. This trade represents a 7.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Akash J. Palkhiwala sold 2,538 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $175.95, for a total value of $446,561.10. Following the completion of the sale, the executive vice president owned 42,265 shares of the company’s stock, valued at approximately $7,436,526.75. This trade represents a 5.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 199,822 shares of company stock worth $33,523,984 in the last three months. Insiders own 0.08% of the company’s stock.

QUALCOMM Stock Performance

Shares of QCOM stock opened at $174.22 on Tuesday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. 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 firm has a market capitalization of $186.59 billion, a price-to-earnings ratio of 35.63, a price-to-earnings-growth ratio of 3.84 and a beta of 1.22. The business has a 50 day simple moving average of $172.09 and a 200 day simple moving average of $163.48.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (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 during the quarter, compared to analyst estimates of $10.74 billion. During the same quarter in the previous year, the firm posted $2.69 EPS. The firm’s quarterly revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were paid a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $3.56 annualized dividend and a yield of 2.0%. QUALCOMM’s dividend payout ratio (DPR) is presently 72.80%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on QCOM. JPMorgan Chase & Co. boosted their target price on shares of QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Wells Fargo & Company increased their price objective on shares of QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research note on Thursday, November 6th. Arete Research set a $200.00 target price on QUALCOMM in a research note on Tuesday, August 26th. Finally, Bank of America upped their target price on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $192.94.

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.