Penserra Capital Management LLC Buys 58,445 Shares of QUALCOMM Incorporated $QCOM

Penserra Capital Management LLC increased its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 23.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 307,185 shares of the wireless technology company’s stock after buying an additional 58,445 shares during the quarter. Penserra Capital Management LLC’s holdings in QUALCOMM were worth $51,100,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. raised its stake in shares of QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 65 shares in the last quarter. Cloud Capital Management LLC bought a new stake in QUALCOMM in the 3rd quarter valued at $27,000. Chung Wu Investment Group LLC bought a new stake in QUALCOMM in the 2nd quarter valued at $32,000. Harbor Asset Planning Inc. acquired a new position in shares of QUALCOMM in the 2nd quarter valued at $32,000. Finally, Winnow Wealth LLC bought a new position in shares of QUALCOMM during the 2nd quarter worth about $32,000. 74.35% of the stock is currently owned by institutional investors.

Trending Headlines about 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

Analysts Set New Price Targets

A number of analysts recently weighed in on QCOM shares. Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a research note on Monday, December 29th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $200.00 price objective on shares of QUALCOMM in a research note on Monday. Citigroup reissued a “neutral” rating on shares of QUALCOMM in a report on Thursday, January 15th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Finally, Wells Fargo & Company increased their price objective on QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research note on Thursday, November 6th. Eleven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $188.50.

Insider Activity

In other QUALCOMM news, CAO Patricia Y. Grech sold 203 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $173.30, for a total transaction of $577,608.90. Following the completion of the transaction, the executive vice president directly owned 38,932 shares of the company’s stock, valued at approximately $6,746,915.60. This represents a 7.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 44,820 shares of company stock worth $7,883,482. 0.05% of the stock is currently owned by insiders.

QUALCOMM Stock Down 3.6%

NASDAQ QCOM opened at $147.18 on Wednesday. The stock’s 50 day simple moving average is $168.65 and its 200 day simple moving average is $165.38. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The firm has a market cap of $157.20 billion, a PE ratio of 30.10, a price-to-earnings-growth ratio of 3.41 and a beta of 1.22. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $0.13. The firm had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.69 EPS. As a group, sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

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

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.