QUALCOMM Incorporated $QCOM Shares Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lifted its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 116.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 63,782 shares of the wireless technology company’s stock after purchasing an additional 34,301 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in QUALCOMM were worth $10,611,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in QCOM. Vanguard Group Inc. grew its stake in QUALCOMM by 0.3% during the 2nd quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock worth $18,260,635,000 after purchasing an additional 290,799 shares in the last quarter. State Street Corp boosted its stake in shares of QUALCOMM by 0.8% in the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock valued at $8,547,014,000 after buying an additional 420,352 shares during the period. Norges Bank acquired a new position in shares of QUALCOMM during the second quarter worth about $2,713,603,000. Amundi increased its stake in shares of 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 period. Finally, Legal & General Group Plc raised its holdings in QUALCOMM by 0.8% in the second quarter. Legal & General Group Plc now owns 9,168,731 shares of the wireless technology company’s stock valued at $1,460,212,000 after acquiring an additional 74,243 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $276,592.00. Following the sale, the insider directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Alexander H. Rogers sold 15,917 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the transaction, the executive vice president directly owned 26,071 shares in the company, valued at approximately $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 44,820 shares of company stock worth $7,883,482. Corporate insiders own 0.05% of the company’s stock.

QUALCOMM Stock Down 3.6%

Shares of QUALCOMM stock opened at $147.18 on Wednesday. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The company has a market cap of $157.20 billion, a P/E ratio of 30.10, a PEG ratio of 3.41 and a beta of 1.22. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The firm has a fifty day moving average of $168.65 and a two-hundred day moving average of $165.38.

QUALCOMM (NASDAQ:QCOM) last issued 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. The business had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The business’s revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.69 earnings per share. On average, analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s dividend payout ratio is 72.80%.

Analyst Ratings Changes

Several research firms have commented on QCOM. Mizuho lowered their price target on shares of QUALCOMM from $175.00 to $160.00 and set a “neutral” rating for the company in a report on Monday, January 26th. Royal Bank Of Canada initiated coverage on shares of QUALCOMM in a research note on Wednesday, January 14th. They set a “sector perform” rating and a $180.00 target price for the company. Rosenblatt Securities restated a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a research note on Thursday, November 6th. Bank of America increased their price objective on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Finally, Wells Fargo & Company raised their target price on QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Thursday, November 6th. Eleven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, QUALCOMM currently has an average rating of “Hold” and an average price target of $188.50.

Key Headlines Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Zenith Auto AI strategy broadens growth beyond smartphones; management’s push into auto AI/edge compute supports a higher-margin, recurring-software opportunity that could re-rate the business over time. Qualcomm’s Zenith Auto AI Push Redraws Growth Mix Beyond Smartphones
• Positive Sentiment: Snapdragon Elite adoption in automotive (ECARX/Zenith) highlights product-led upside in software-defined vehicles and ADAS/AI features — a tangible revenue stream outside handsets. Will Qualcomm’s Next-Generation Snapdragon Elite Chip Fuel Its Shares?
• Positive Sentiment: Analysts and commentators note Qualcomm’s 5G and IoT businesses temper smartphone cyclicality, supporting a multi-year growth narrative if execution continues. Qualcomm Inc. (QCOM): Navigating Global Smartphone Challenges with 5G and IoT Strength
• Positive Sentiment: Notable portfolio activity (John Hussman increasing exposure) signals some institutional confidence that recent weakness creates a buying opportunity. John Hussman’s Strategic Moves: Qualcomm Inc. Takes Center Stage with 1.13% Portfolio Impact
• Neutral Sentiment: Pre-earnings coverage stresses the results call and guidance as the main catalysts; expect volatile trading around the release as investors parse handset trends vs data-center commentary. Qualcomm (QCOM) Reports Earnings Tomorrow: What To Expect
• Neutral Sentiment: Across industry coverage, Qualcomm is included among semiconductors to watch as AI, 5G and auto electrification lift demand — sector tailwinds that could help earnings if end markets stabilize. Can These 5 Semiconductor Stocks Hit Earnings Target This Season?
• Neutral Sentiment: Several buy/sell reviews and valuation pieces weigh QCOM’s long-term story versus recent price weakness — useful for investors deciding whether to buy into post-weakness risk. Assessing Qualcomm (QCOM) Valuation After Recent Share Price Weakness And Long Term Growth Narrative
• Negative Sentiment: Handset headwinds remain the principal near-term risk: analysts expect management commentary on phone chip demand and royalties to drive volatility and could pressure guidance. Qualcomm Q1 Earnings Preview: Handset headwinds, data center commentary in focus
• Negative Sentiment: Some analysts have trimmed price targets ahead of earnings, reflecting near-term uncertainty and contributing to today’s weaker sentiment. Analysts reset Qualcomm stock price target ahead of earnings

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.