Avanza Fonder AB Acquires 4,902 Shares of QUALCOMM Incorporated $QCOM

Avanza Fonder AB raised its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 4.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 106,834 shares of the wireless technology company’s stock after acquiring an additional 4,902 shares during the quarter. QUALCOMM comprises 0.5% of Avanza Fonder AB’s portfolio, making the stock its 28th largest position. Avanza Fonder AB’s holdings in QUALCOMM were worth $17,773,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC boosted its position in shares of QUALCOMM by 656,661.0% in 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 during the last quarter. Norges Bank bought a new position in QUALCOMM during the second quarter worth about $2,713,603,000. Amundi boosted its holdings in 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 during the last quarter. Viking Global Investors LP grew its position in shares of QUALCOMM by 120.1% during the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after buying an additional 1,720,529 shares during the period. Finally, Rafferty Asset Management LLC increased its stake in shares of 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 during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In related news, CEO Cristiano R. Amon sold 150,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total value of $24,834,000.00. Following the completion of the transaction, the chief executive officer owned 149,304 shares of the company’s stock, valued at approximately $24,718,770.24. This trade represents a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the sale, the executive vice president directly owned 23,944 shares in the company, valued at $4,262,750.32. This trade represents a 23.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 199,822 shares of company stock valued at $33,523,984 in the last three months. 0.08% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on QCOM. Wells Fargo & Company lifted 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. Rosenblatt Securities reissued a “buy” rating and set a $225.00 price target on shares of QUALCOMM in a research report on Thursday, November 6th. Bank of America upped their price objective on shares of QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Mizuho lifted their target price on QUALCOMM from $185.00 to $200.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Finally, Susquehanna set a $210.00 target price on QUALCOMM in a research note on Thursday, November 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, QUALCOMM currently has an average rating of “Moderate Buy” and a consensus price target of $192.94.

QUALCOMM Stock Performance

QCOM opened at $174.76 on Friday. The company has a market capitalization of $187.17 billion, a price-to-earnings ratio of 35.74, a P/E/G ratio of 3.83 and a beta of 1.22. The business’s 50-day moving average price is $172.80 and its two-hundred day moving average price is $163.81. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year 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.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data 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. The business had revenue of $11.27 billion during the quarter, compared to the consensus estimate 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 period last year, the company earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were given a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend 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.