QUALCOMM Incorporated $QCOM Holdings Cut by New York Life Investment Management LLC

New York Life Investment Management LLC cut its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 4.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 158,218 shares of the wireless technology company’s stock after selling 7,448 shares during the quarter. New York Life Investment Management LLC’s holdings in QUALCOMM were worth $26,321,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Harbor Capital Advisors Inc. increased its holdings in shares of QUALCOMM by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 65 shares during the period. Cloud Capital Management LLC bought a new position in QUALCOMM in the 3rd quarter worth about $27,000. Harbor Asset Planning Inc. acquired a new stake in shares of QUALCOMM in the second quarter valued at approximately $32,000. Winnow Wealth LLC bought a new stake in shares of QUALCOMM during the second quarter valued at approximately $32,000. Finally, Lavaca Capital LLC bought a new stake in shares of QUALCOMM during the second quarter valued at approximately $32,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Alexander H. Rogers sold 15,917 shares of QUALCOMM stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the transaction, the executive vice president directly owned 26,071 shares in the company, valued at $4,640,898.71. The trade was a 37.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’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 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 43,017 shares of company stock valued at $7,462,875. 0.05% of the stock is owned by insiders.

QUALCOMM News Summary

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Q1 beat — Qualcomm reported adjusted EPS of $3.50 and strong revenue in automotive/handsets, beating consensus and showing demand in non‑handset end markets. Qualcomm Surpasses Q1 Earnings
• Positive Sentiment: Analysts still see upside — Several firms cut price targets but kept positive stances (Argus lowered PT to $180, JPMorgan to $185, Rosenblatt reiterated buy), leaving multi‑dozen percent upside from current levels according to those shops; this supports short‑covering/relief buying. Analyst Price Target Changes
• Neutral Sentiment: Market view is mixed/hold consensus — Broker consensus sits around “Hold” as firms reassess forward visibility; that keeps headline analyst guidance fragmented and can sustain volatility until memory supply clarity arrives. Consensus Rating of Hold
• Neutral Sentiment: Technicals/positioning matter — Coverage notes Qualcomm has moved back to 2020 price levels and is extremely oversold; that can produce sharp, short‑term bounces even if fundamentals remain challenged. Qualcomm Is Back at 2020 Levels
• Negative Sentiment: Weak Q2 guidance driven by memory shortage — Management warned memory constraints will limit handset shipments and revenue in the near term; that outlook triggered the large post‑earnings drop and remains the main fundamental headwind. Memory Shortage Report
• Negative Sentiment: Analyst cuts and downgrades — Some firms (Evercore cut PT to $134, Bank of America moved to neutral) reduced forecasts after the cautious outlook, increasing near‑term downside risk if memory issues persist. Analyst Forecast Cuts
• Negative Sentiment: Volatility risk remains high — The combination of supply uncertainty, heavy post‑earnings selling, and mixed analyst views means QCOM can swing sharply; expect elevated intraday moves and headline sensitivity until memory supply trends or handset orders normalize. CNBC Coverage of Selloff

QUALCOMM Price Performance

Shares of NASDAQ QCOM opened at $137.34 on Monday. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The firm has a 50-day moving average of $167.14 and a two-hundred day moving average of $165.00. The company has a market capitalization of $146.54 billion, a price-to-earnings ratio of 28.38, a PEG ratio of 6.08 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.12. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The company had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. During the same quarter in the previous year, the company posted $3.41 EPS. The business’s revenue was up 4.7% compared to the same quarter last year. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s dividend payout ratio is 73.55%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on QCOM shares. UBS Group reissued a “neutral” rating on shares of QUALCOMM in a report on Monday, February 2nd. Citigroup reiterated a “neutral” rating on shares of QUALCOMM in a research report on Thursday, January 15th. Cantor Fitzgerald lowered their price target on QUALCOMM from $185.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Robert W. Baird set a $177.00 price objective on shares of QUALCOMM in a report on Thursday. Finally, Rosenblatt Securities lowered their target price on shares of QUALCOMM from $225.00 to $190.00 and set a “buy” rating on the stock in a research note on Thursday. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $167.68.

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.