Qualcomm Incorporated $QCOM Shares Sold by Capital Advisors Inc. OK

Capital Advisors Inc. OK cut its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 40.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,423 shares of the wireless technology company’s stock after selling 3,746 shares during the period. Capital Advisors Inc. OK’s holdings in Qualcomm were worth $1,002,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. JFS Wealth Advisors LLC lifted its stake in Qualcomm by 3.4% during the second quarter. JFS Wealth Advisors LLC now owns 1,595 shares of the wireless technology company’s stock worth $295,000 after purchasing an additional 53 shares during the last quarter. Wall Street Financial Group Inc. raised its holdings in shares of Qualcomm by 1.9% during the second quarter. Wall Street Financial Group Inc. now owns 3,050 shares of the wireless technology company’s stock worth $564,000 after purchasing an additional 57 shares during the period. Sunbeam Capital Management LLC lifted its position in shares of Qualcomm by 3.7% in the 2nd quarter. Sunbeam Capital Management LLC now owns 1,637 shares of the wireless technology company’s stock worth $303,000 after buying an additional 58 shares during the last quarter. Basepoint Wealth LLC lifted its position in shares of Qualcomm by 1.8% in the 1st quarter. Basepoint Wealth LLC now owns 3,333 shares of the wireless technology company’s stock worth $429,000 after buying an additional 59 shares during the last quarter. Finally, Five Oceans Advisors boosted its holdings in shares of Qualcomm by 3.3% in the 2nd quarter. Five Oceans Advisors now owns 1,827 shares of the wireless technology company’s stock valued at $338,000 after buying an additional 59 shares during the period. Institutional investors own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on QCOM shares. Dbs Bank raised shares of Qualcomm to a “moderate buy” rating in a research report on Tuesday, July 7th. Robert W. Baird set a $400.00 target price on Qualcomm in a research note on Thursday, July 30th. Freedom Capital raised Qualcomm from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Lake Street Capital cut Qualcomm to a “hold” rating in a research report on Thursday, June 25th. Finally, Tigress Financial raised their price target on Qualcomm from $270.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $203.76.

Qualcomm Trading Down 0.4%

Qualcomm stock opened at $164.19 on Friday. The firm has a 50-day moving average price of $172.49 and a two-hundred day moving average price of $168.64. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. The firm has a market capitalization of $172.44 billion, a price-to-earnings ratio of 19.00, a PEG ratio of 15.16 and a beta of 1.65. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The business had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. During the same quarter in the prior year, the firm posted $2.77 earnings per share. The business’s quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Sell-side analysts expect that Qualcomm Incorporated will post 7.74 earnings per share for the current year.

Qualcomm Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a yield of 2.2%. Qualcomm’s payout ratio is presently 42.59%.

Insiders Place Their Bets

In other news, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction on Tuesday, July 14th. The stock was sold at an average price of $180.81, for a total value of $452,025.00. Following the completion of the transaction, the executive vice president owned 23,184 shares of the company’s stock, valued at approximately $4,191,899.04. This represents a 9.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the transaction, the executive vice president directly owned 36,535 shares in the company, valued at $5,372,106.40. This trade represents a 8.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 11,325 shares of company stock worth $1,925,859. 0.05% of the stock is owned by company insiders.

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.