QUALCOMM Incorporated $QCOM Shares Bought by Community Trust & Investment Co.

Community Trust & Investment Co. grew its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 16.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,572 shares of the wireless technology company’s stock after purchasing an additional 2,850 shares during the period. Community Trust & Investment Co.’s holdings in QUALCOMM were worth $3,422,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Harbor Capital Advisors Inc. increased its stake 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 buying an additional 65 shares during the period. Chung Wu Investment Group LLC acquired a new position in shares of QUALCOMM during the second quarter valued at approximately $32,000. Harbor Asset Planning Inc. acquired a new position in shares of QUALCOMM during the second quarter valued at approximately $32,000. Winnow Wealth LLC acquired a new stake in QUALCOMM in the second quarter worth approximately $32,000. Finally, Lavaca Capital LLC bought a new position in QUALCOMM during the 2nd quarter valued at $32,000. 74.35% of the stock is currently owned by institutional investors.

QUALCOMM Trading Up 1.9%

NASDAQ:QCOM opened at $176.31 on Tuesday. The stock has a fifty day simple moving average of $173.16 and a 200 day simple moving average of $164.76. The firm has a market capitalization of $188.83 billion, a price-to-earnings ratio of 36.06, a price-to-earnings-growth ratio of 3.79 and a beta of 1.21. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70.

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 the consensus estimate of $2.87 by $0.13. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. During the same quarter in the previous year, the company earned $2.69 EPS. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

Insider Transactions at QUALCOMM

In other news, EVP Ann C. Chaplin sold 7,180 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the completion of the sale, the executive vice president owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This trade represents a 23.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Patricia Y. Grech sold 513 shares of QUALCOMM stock in a transaction on Friday, November 21st. The shares were sold at an average price of $160.95, for a total value of $82,567.35. Following the transaction, the chief accounting officer owned 203 shares in the company, valued at $32,672.85. This represents a 71.65% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 53,155 shares of company stock worth $9,267,593. 0.08% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on QCOM. JPMorgan Chase & Co. lifted their price target on QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. TD Cowen lifted their target price on QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $185.00 price target on shares of QUALCOMM in a research report on Tuesday, December 16th. Mizuho upped their price target on shares of QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Finally, Susquehanna set a $210.00 price objective on shares of QUALCOMM in a research note 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 assigned a Sell rating to the stock. According to MarketBeat, QUALCOMM presently has a consensus rating of “Moderate Buy” and an average target price of $192.94.

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.