Callan Family Office LLC Raises Stock Position in QUALCOMM Incorporated $QCOM

Callan Family Office LLC raised its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 210.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,652 shares of the wireless technology company’s stock after buying an additional 17,400 shares during the period. Callan Family Office LLC’s holdings in QUALCOMM were worth $4,085,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC grew its position in shares of QUALCOMM by 70.0% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 70 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its position in shares of QUALCOMM by 122.4% in the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 93 shares during the last quarter. Chung Wu Investment Group LLC acquired a new stake in shares of QUALCOMM in the second quarter valued at approximately $32,000. Atticus Wealth Management LLC grew its position in shares of QUALCOMM by 21,200.0% in the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after purchasing an additional 212 shares during the last quarter. Finally, Abound Financial LLC acquired a new stake in shares of QUALCOMM in the first quarter valued at approximately $39,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other QUALCOMM news, CAO Patricia Y. Grech sold 273 shares of QUALCOMM stock in a transaction on Friday, September 12th. The shares were sold at an average price of $161.42, for a total value of $44,067.66. Following the transaction, the chief accounting officer owned 404 shares in the company, valued at $65,213.68. This trade represents a 40.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction on Friday, August 1st. The shares were sold at an average price of $146.40, for a total transaction of $234,240.00. Following the completion of the transaction, the insider owned 21,193 shares in the company, valued at approximately $3,102,655.20. This trade represents a 7.02% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 159,767 shares of company stock worth $26,322,745 over the last 90 days. Company insiders own 0.08% of the company’s stock.

QUALCOMM Stock Down 7.3%

Shares of QCOM opened at $153.64 on Friday. The firm has a market cap of $165.77 billion, a PE ratio of 14.82, a price-to-earnings-growth ratio of 2.42 and a beta of 1.23. The company’s fifty day moving average is $160.39 and its two-hundred day moving average is $153.48. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $182.10. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.06. The company had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. QUALCOMM’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the business earned $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on QCOM. Mizuho lowered their price target on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. Piper Sandler lowered their price target on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Thursday, July 31st. Citigroup restated a “hold” rating on shares of QUALCOMM in a research report on Thursday, July 17th. UBS Group raised their target price on shares of QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. Finally, Bank of America decreased their target price on shares of QUALCOMM from $245.00 to $200.00 and set a “buy” rating on the stock in a research report on Tuesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $182.82.

QUALCOMM Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.