111 Capital Has $1.44 Million Holdings in Qualcomm Incorporated $QCOM

111 Capital cut its holdings in Qualcomm Incorporated (NASDAQ:QCOMFree Report) by 62.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,638 shares of the wireless technology company’s stock after selling 14,149 shares during the period. 111 Capital’s holdings in Qualcomm were worth $1,437,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of QCOM. Vanguard Group Inc. raised its stake in shares of Qualcomm by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock valued at $18,260,635,000 after acquiring an additional 290,799 shares in the last quarter. State Street Corp boosted its position in Qualcomm by 0.8% during the second quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock worth $8,547,014,000 after purchasing an additional 420,352 shares during the period. Norges Bank bought a new stake in Qualcomm during the second quarter worth approximately $2,713,603,000. Amundi grew its holdings in Qualcomm by 38.2% during the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock valued at $1,866,451,000 after purchasing an additional 3,186,524 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of 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 purchasing an additional 74,243 shares during the period. 74.35% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, EVP Alexander H. Rogers sold 15,917 shares of Qualcomm stock in a transaction that occurred 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 sale, the executive vice president directly owned 26,071 shares of the company’s stock, valued at approximately $4,640,898.71. The trade was a 37.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the sale, the executive vice president 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 45,704 shares of company stock worth $7,818,708 in the last 90 days. 0.05% of the stock is currently owned by insiders.

Analysts Set New Price Targets

QCOM has been the subject of several recent analyst reports. Cantor Fitzgerald decreased their price objective on shares of Qualcomm from $185.00 to $160.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Robert W. Baird set a $177.00 price target on shares of Qualcomm in a report on Thursday, February 5th. Loop Capital raised Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price target on the stock in a research report on Tuesday, February 24th. Evercore dropped their price objective on Qualcomm from $157.00 to $134.00 and set an “in-line” rating on the stock in a research note on Thursday, February 5th. Finally, DZ Bank upgraded Qualcomm to a “strong-buy” rating in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $168.48.

Read Our Latest Stock Analysis on QCOM

Qualcomm Price Performance

Shares of QCOM stock opened at $142.36 on Monday. The stock has a 50 day moving average of $157.05 and a two-hundred day moving average of $163.89. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. 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 1.25.

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

Qualcomm Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is presently 73.55%.

Qualcomm Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Qualcomm (NASDAQ:QCOM)

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