Nordea Investment Management AB Sells 1,389,297 Shares of Qualcomm Incorporated $QCOM

Nordea Investment Management AB lowered its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 58.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 978,674 shares of the wireless technology company’s stock after selling 1,389,297 shares during the quarter. Nordea Investment Management AB owned about 0.09% of Qualcomm worth $168,117,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. waypoint wealth counsel grew its holdings in shares of Qualcomm by 2.2% during the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after purchasing an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. increased its position in shares of Qualcomm by 1.5% in the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock worth $686,000 after purchasing an additional 61 shares during the period. Baron Wealth Management LLC raised its stake in Qualcomm by 4.5% in the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after purchasing an additional 62 shares in the last quarter. Certified Advisory Corp lifted its position in Qualcomm by 0.6% during the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after purchasing an additional 62 shares during the period. Finally, Elser Financial Planning Inc lifted its position in Qualcomm by 3.7% during the third quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after purchasing an additional 63 shares during the period. Institutional investors own 74.35% of the company’s stock.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Board approves a new $20 billion repurchase authorization, boosting total buyback capacity and signaling management confidence in buying back shares at current levels. QUALCOMM (QCOM): Board Approves New $20.0 billion Stock Repurchase Authorization
• Positive Sentiment: Shareholders reportedly dismissed China-risk concerns while greenlighting the $20B buyback, reducing a potential governance or geopolitical overhang. Qualcomm (QCOM) Stock: Shareholders Dismiss China Risk Concerns as $20B Buyback Gets Green Light
• Positive Sentiment: Qualcomm raised its quarterly dividend by ~3.4% and signaled stronger buyback activity, supported by solid cash flow — a near-term income/return cushion for investors. QCOM Hikes Dividend on Solid Cash Flow: Should You Stay Invested?
• Positive Sentiment: Multiple outlets highlight the $20B repurchase as a major reason to consider buying QCOM, framing the move as management taking advantage of a depressed share price. A $20 billion reason to buy Qualcomm stock now
• Neutral Sentiment: Analysts and investors debate whether Qualcomm is an AI bargain: long-term AI, automotive and robotics opportunities exist, but recent underperformance and limited AI data-center exposure temper enthusiasm. Qualcomm Could Be the Biggest AI Bargain of the Year
• Neutral Sentiment: Coverage pieces note Qualcomm’s dividend raise and buyback make it an income/value candidate at ~15x forward P/E, but caution that a 2026 earnings dip could keep volatility high. As Qualcomm Stock Raises Its Dividend, Is QCOM Stock a Buy
• Negative Sentiment: Seaport Research downgraded QCOM and set a $100 price target, warning the shares could fall more than 20% from current levels — a catalyst for selling pressure. QCOM Stock Warning: Why Analysts Warn Qualcomm Could Plunge More Than 20% from Here
• Negative Sentiment: Street-low price targets and fresh downgrades are cited as spooking analysts; after a large selloff, some argue downside risks from handset demand and memory shortages remain. Qualcomm Just Got a Street-Low Price Target—What’s Spooking Analysts?

Insider Buying and Selling

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the transaction, the executive vice president directly owned 35,599 shares in the company, valued at approximately $4,900,202.35. This represents a 8.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 9,866 shares of company stock worth $1,474,796 in the last 90 days. Company insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on QCOM. Mizuho decreased their target price on shares of Qualcomm from $160.00 to $140.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. DZ Bank raised shares of Qualcomm to a “strong-buy” rating in a report on Tuesday, February 10th. Daiwa Securities Group lowered shares of Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research report on Wednesday, February 11th. Morgan Stanley assumed coverage on shares of Qualcomm in a research note on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 price objective on the stock. Finally, Argus lowered their price objective on shares of Qualcomm from $205.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $168.00.

Qualcomm Stock Performance

Qualcomm stock opened at $129.90 on Monday. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The stock has a market cap of $138.60 billion, a PE ratio of 26.84 and a beta of 1.25. Qualcomm Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The business’s 50-day moving average price is $144.62 and its two-hundred day moving average price is $161.36.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The firm had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.16 billion. During the same quarter in the prior year, the business earned $3.41 earnings per share. The business’s revenue for the quarter 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 declared that its board has approved a stock repurchase plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Qualcomm Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.7%. Qualcomm’s dividend payout ratio is presently 73.55%.

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.