Aware Super Pty Ltd as trustee of Aware Super Buys 38,329 Shares of QUALCOMM Incorporated $QCOM

Aware Super Pty Ltd as trustee of Aware Super increased its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 12.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 350,687 shares of the wireless technology company’s stock after buying an additional 38,329 shares during the quarter. QUALCOMM comprises approximately 0.8% of Aware Super Pty Ltd as trustee of Aware Super’s holdings, making the stock its 19th largest holding. Aware Super Pty Ltd as trustee of Aware Super’s holdings in QUALCOMM were worth $55,850,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of QUALCOMM by 565.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 124,327 shares of the wireless technology company’s stock worth $19,098,000 after purchasing an additional 105,631 shares during the last quarter. PFG Advisors lifted its position in shares of QUALCOMM by 8.0% during the first quarter. PFG Advisors now owns 4,314 shares of the wireless technology company’s stock worth $663,000 after purchasing an additional 321 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of QUALCOMM by 3.3% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 188,654 shares of the wireless technology company’s stock worth $28,979,000 after purchasing an additional 6,017 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of QUALCOMM by 12.3% during the first quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company’s stock worth $203,904,000 after purchasing an additional 145,509 shares during the last quarter. Finally, Manchester Capital Management LLC lifted its position in shares of QUALCOMM by 0.5% during the first quarter. Manchester Capital Management LLC now owns 24,169 shares of the wireless technology company’s stock worth $3,713,000 after purchasing an additional 129 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other QUALCOMM news, CAO Patricia Y. Grech sold 273 shares of QUALCOMM stock in a transaction dated Friday, September 12th. The stock was 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. The trade was a 40.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Neil Martin sold 791 shares of QUALCOMM stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the transaction, the chief accounting officer owned 1,106 shares in the company, valued at $171,230.92. This trade represents a 41.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 159,767 shares of company stock valued at $26,322,745 over the last three months. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Stock Performance

Shares of QUALCOMM stock opened at $162.97 on Thursday. The firm has a market cap of $175.84 billion, a P/E ratio of 15.72, a P/E/G ratio of 2.36 and a beta of 1.23. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $182.10. The stock’s fifty day moving average price is $161.32 and its 200-day moving average price is $153.60.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on QCOM. Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. Citigroup reiterated a “hold” rating on shares of QUALCOMM in a research report on Thursday, July 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of QUALCOMM in a research report on Wednesday, October 8th. Mizuho decreased their target price on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Thursday, July 31st. Finally, UBS Group raised their price target on QUALCOMM from $145.00 to $165.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $182.82.

About QUALCOMM

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.