Qualcomm Incorporated $QCOM Shares Sold by Highline Wealth Partners LLC

Highline Wealth Partners LLC lowered its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 89.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,197 shares of the wireless technology company’s stock after selling 9,992 shares during the period. Highline Wealth Partners LLC’s holdings in Qualcomm were worth $205,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in QCOM. Westerkirk Capital Inc. acquired a new stake in shares of Qualcomm in the second quarter worth $4,539,000. MASTERINVEST Kapitalanlage GmbH acquired a new position in Qualcomm during the second quarter valued at $3,896,000. Inscription Capital LLC lifted its position in Qualcomm by 58.1% during the third quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock valued at $2,172,000 after purchasing an additional 4,799 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Qualcomm by 1.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,004,339 shares of the wireless technology company’s stock valued at $167,082,000 after purchasing an additional 16,738 shares during the last quarter. Finally, Simplify Asset Management Inc. acquired a new stake in Qualcomm during the 3rd quarter worth about $725,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Qualcomm

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the transaction, the executive vice president directly owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. This trade represents a 8.56% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the sale, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,866 shares of company stock worth $1,474,796 over the last ninety days. 0.05% of the stock is currently owned by corporate insiders.

Qualcomm Trading Up 1.3%

Shares of NASDAQ:QCOM opened at $128.78 on Wednesday. The business’s 50 day moving average price is $139.97 and its 200-day moving average price is $159.81. Qualcomm Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The firm has a market capitalization of $137.41 billion, a price-to-earnings ratio of 26.61 and a beta of 1.25. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83.

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

Qualcomm announced that its Board of Directors has initiated a stock repurchase program on Tuesday, March 17th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the wireless technology company to reacquire up to 14.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Qualcomm Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, March 5th. Qualcomm’s dividend payout ratio is 73.55%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on QCOM shares. Piper Sandler reiterated an “overweight” rating and set a $200.00 price objective on shares of Qualcomm in a research note on Thursday, February 5th. Rosenblatt Securities lowered their target price on Qualcomm from $225.00 to $190.00 and set a “buy” rating on the stock in a research note on Thursday, February 5th. Wall Street Zen lowered Qualcomm from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Mizuho reduced 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. Finally, Evercore decreased their price target on Qualcomm from $157.00 to $134.00 and set an “in-line” rating for the company in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $163.77.

About Qualcomm

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.