Qualcomm Incorporated $QCOM Shares Sold by Accent Capital Management LLC

Accent Capital Management LLC lowered its position in Qualcomm Incorporated (NASDAQ:QCOM) by 52.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,795 shares of the wireless technology company’s stock after selling 8,668 shares during the period. Accent Capital Management LLC’s holdings in Qualcomm were worth $1,297,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in QCOM. Brighton Jones LLC boosted its position in shares of Qualcomm by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after purchasing an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Qualcomm by 15.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after purchasing an additional 340 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Qualcomm by 44.3% in the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after purchasing an additional 1,020 shares during the period. IFG Advisory LLC boosted its holdings in Qualcomm by 5.5% during the second quarter. IFG Advisory LLC now owns 25,930 shares of the wireless technology company’s stock worth $4,130,000 after buying an additional 1,345 shares in the last quarter. Finally, Mccarter Private Wealth Services LLC boosted its holdings in Qualcomm by 1.6% during the second quarter. Mccarter Private Wealth Services LLC now owns 4,404 shares of the wireless technology company’s stock worth $701,000 after buying an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Stock Down 2.2%

Shares of NASDAQ:QCOM opened at $142.36 on Friday. 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 company has a market capitalization of $151.90 billion, a P/E ratio of 29.41, a P/E/G ratio of 7.11 and a beta of 1.22. Qualcomm Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The stock’s fifty day simple moving average is $157.05 and its 200-day simple moving average is $163.84.

Qualcomm (NASDAQ:QCOM) last announced its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating 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 firm had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter in the previous year, the company posted $3.41 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, equities research analysts forecast that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s payout ratio is presently 73.55%.

Insider Buying and Selling

In other Qualcomm news, EVP Ann C. Chaplin sold 7,180 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the transaction, the executive vice president owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Akash J. Palkhiwala sold 10,000 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $175.12, for a total value of $1,751,200.00. Following the sale, the executive vice president owned 44,803 shares in the company, valued at $7,845,901.36. This trade represents a 18.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 45,704 shares of company stock worth $7,818,708 in the last three months. 0.05% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on QCOM. UBS Group reaffirmed a “neutral” rating on shares of Qualcomm in a report on Monday, February 2nd. Evercore dropped their price objective on Qualcomm from $157.00 to $134.00 and set an “in-line” rating for the company in a research note on Thursday, February 5th. JPMorgan Chase & Co. reduced their price objective on Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Piper Sandler reissued an “overweight” rating and issued a $200.00 target price on shares of Qualcomm in a report on Thursday, February 5th. Finally, Mizuho dropped their price target on Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $168.48.

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.