20,391 Shares in QUALCOMM Incorporated $QCOM Bought by Trinity Legacy Partners LLC

Trinity Legacy Partners LLC purchased a new position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 20,391 shares of the wireless technology company’s stock, valued at approximately $3,689,000.

A number of other large investors have also modified their holdings of the business. Guinness Asset Management LTD raised its holdings in QUALCOMM by 11.6% in the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after acquiring an additional 5,779 shares during the last quarter. CORDA Investment Management LLC. grew its holdings in shares of QUALCOMM by 18.6% in the second quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after purchasing an additional 3,524 shares during the period. Westerkirk Capital Inc. acquired a new stake in QUALCOMM during the second quarter worth about $4,539,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in QUALCOMM during the second quarter worth about $3,896,000. Finally, Inscription Capital LLC increased its stake in QUALCOMM by 58.1% during the third quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock worth $2,172,000 after acquiring an additional 4,799 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In related news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction dated Friday, November 7th. The shares were 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 $3,387,041.91. This represents a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $173.30, for a total value of $577,608.90. Following the transaction, the executive vice president directly owned 38,932 shares in the company, valued at $6,746,915.60. This represents a 7.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 44,820 shares of company stock valued at $7,883,482. Corporate insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on QCOM. Citigroup reiterated a “neutral” rating on shares of QUALCOMM in a report on Thursday, January 15th. Piper Sandler upped their price objective on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a report on Thursday, November 6th. Zacks Research lowered QUALCOMM from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Finally, Mizuho decreased their price objective on QUALCOMM from $175.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, January 26th. Ten investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, QUALCOMM presently has an average rating of “Hold” and an average target price of $189.06.

QUALCOMM Stock Performance

Shares of QCOM opened at $151.59 on Friday. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. The stock has a 50 day moving average price of $169.22 and a 200 day moving average price of $165.28. The company has a market capitalization of $161.91 billion, a price-to-earnings ratio of 31.00, a price-to-earnings-growth ratio of 3.39 and a beta of 1.21. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The firm had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. QUALCOMM’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s dividend payout ratio (DPR) is presently 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.