Generali Asset Management SPA SGR increased its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) by 17.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,994 shares of the wireless technology company’s stock after buying an additional 9,182 shares during the period. Generali Asset Management SPA SGR’s holdings in QUALCOMM were worth $10,480,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Harbor Capital Advisors Inc. increased its position in QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 65 shares during the period. Chung Wu Investment Group LLC bought a new position in shares of QUALCOMM during the second quarter valued at approximately $32,000. Harbor Asset Planning Inc. purchased a new position in QUALCOMM during the second quarter valued at approximately $32,000. Winnow Wealth LLC purchased a new position in QUALCOMM during the second quarter valued at approximately $32,000. Finally, Lavaca Capital LLC bought a new position in QUALCOMM in the second quarter worth approximately $32,000. 74.35% of the stock is currently owned by institutional investors.
Insider Buying and Selling at QUALCOMM
In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the sale, the insider owned 19,593 shares in the company, valued at approximately $3,387,041.91. The trade was a 7.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Akash J. Palkhiwala sold 2,538 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 42,265 shares in the company, valued at $7,436,526.75. This represents a 5.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 49,822 shares of company stock valued at $8,689,984. Company insiders own 0.08% of the company’s stock.
QUALCOMM Trading Down 1.5%
QUALCOMM (NASDAQ:QCOM – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $0.13. The firm had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.
QUALCOMM Dividend Announcement
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. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.
Analysts Set New Price Targets
QCOM has been the topic of several recent research reports. Susquehanna set a $210.00 target price on QUALCOMM in a research report on Thursday, November 6th. Bank of America raised their price objective on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. lifted their target price on QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. TD Cowen increased their price target on shares of QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a report on Thursday, November 6th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.94.
View Our Latest Research Report on QUALCOMM
QUALCOMM 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.
Featured Stories
- Five stocks we like better than QUALCOMM
- If You Keep Cash In A U.S. Bank Account… Read This NOW
- Do not delete, read immediately
- Buy this $2 Gold Stock Before January 1, 2026
- Jeff Brown’s Prediction: Banks Replacing Dollars Soon
- ALERT: Drop these 5 stocks before January 2026!
Want to see what other hedge funds are holding QCOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QUALCOMM Incorporated (NASDAQ:QCOM – Free Report).
Receive News & Ratings for QUALCOMM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QUALCOMM and related companies with MarketBeat.com's FREE daily email newsletter.
