Foster Victor Wealth Advisors LLC boosted its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) by 4.8% in the third quarter, HoldingsChannel reports. The firm owned 159,190 shares of the wireless technology company’s stock after buying an additional 7,265 shares during the period. QUALCOMM accounts for about 1.7% of Foster Victor Wealth Advisors LLC’s holdings, making the stock its 9th biggest holding. Foster Victor Wealth Advisors LLC’s holdings in QUALCOMM were worth $26,932,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in QCOM. Vermillion & White Wealth Management Group LLC raised its stake in shares of QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 93 shares during the last quarter. Chung Wu Investment Group LLC purchased a new position in QUALCOMM during the second quarter valued at approximately $32,000. Harbor Asset Planning Inc. acquired a new position in QUALCOMM in the second quarter valued at approximately $32,000. Winnow Wealth LLC purchased a new stake in QUALCOMM in the 2nd quarter worth approximately $32,000. Finally, Lavaca Capital LLC acquired a new stake in shares of QUALCOMM during the 2nd quarter worth approximately $32,000. 74.35% of the stock is owned by hedge funds and other institutional investors.
QUALCOMM Stock Up 0.6%
QCOM stock opened at $175.25 on Friday. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. The firm has a 50-day simple moving average of $171.84 and a 200-day simple moving average of $163.19. The stock has a market capitalization of $187.69 billion, a P/E ratio of 35.84, a P/E/G ratio of 3.84 and a beta of 1.22.
QUALCOMM Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were paid a $0.89 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.0%. QUALCOMM’s payout ratio is currently 72.80%.
QUALCOMM News Summary
Here are the key news stories impacting QUALCOMM this week:
- Positive Sentiment: Qualcomm completed its acquisition of Alphawave Semi roughly a quarter ahead of schedule — the deal adds high‑speed connectivity IP and appoints Alphawave CEO Tony Pialis to lead Qualcomm’s data‑center business, accelerating Qualcomm’s push beyond handsets into higher‑growth data‑center markets. Qualcomm Completes Acquisition of Alphawave Semi
- Positive Sentiment: Market reaction: coverage and trading show shares rose after the Alphawave deal as investors rewarded the strategic expansion into data‑center chips and connectivity IP — supporting the view of a re‑rating away from a pure handset story. Qualcomm Stock Rises After $2.4 Billion Alphawave Semi Deal
- Positive Sentiment: Recent performance: research notes and screens point to Qualcomm outperforming broader market moves recently, reflecting investor interest in its expanding end markets and improving revenue mix. Qualcomm (QCOM) Surpasses Market Returns
- Neutral Sentiment: Valuation and analyst views are mixed — commentary notes Qualcomm’s P/E is at decade highs as the market re‑rates the name; some firms remain cautious (Cantor Fitzgerald neutral) while others keep buy views and higher targets, so continued execution in 2026 will be critical to justify the multiple. Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?
- Negative Sentiment: Insider selling: EVP Ann Chaplin sold 7,180 shares (~$1.28M) earlier this week (reported), trimming her stake ~23% — insider sales can be read as profit‑taking and may create short‑term investor caution. QUALCOMM (NASDAQ:QCOM) EVP Ann Chaplin Sells 7,180 Shares
- Negative Sentiment: Another EVP, Akash J. Palkhiwala, sold 2,538 shares (~$447k) — additional insider sales add to the narrative of executives taking gains ahead of the new year. SEC filing: Insider Sale
Insider Activity
In other news, EVP Akash J. Palkhiwala sold 2,538 shares of the stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $175.95, for a total value of $446,561.10. Following the completion of the sale, the executive vice president directly owned 42,265 shares in the company, valued at $7,436,526.75. This represents a 5.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Alexander H. Rogers sold 15,917 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 26,071 shares in the company, valued at approximately $4,640,898.71. This represents a 37.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 200,023 shares of company stock valued at $33,558,154 in the last three months. Company insiders own 0.08% of the company’s stock.
Wall Street Analyst Weigh In
QCOM has been the subject of several analyst reports. Piper Sandler boosted their target price on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Mizuho increased their target price on shares of QUALCOMM from $185.00 to $200.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Susquehanna set a $210.00 target price on QUALCOMM in a research report on Thursday, November 6th. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Finally, UBS Group increased their price target on QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, QUALCOMM presently has an average rating of “Moderate Buy” and a consensus price target of $192.94.
Read Our Latest Report on QCOM
QUALCOMM Company 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.
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