Three Seasons Wealth LLC Makes New $1.48 Million Investment in Qualcomm Incorporated $QCOM

Three Seasons Wealth LLC bought a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 11,468 shares of the wireless technology company’s stock, valued at approximately $1,477,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QCOM. Norges Bank acquired a new stake in shares of Qualcomm during the 4th quarter worth about $2,591,056,000. Wellington Management Group LLP raised its holdings in Qualcomm by 34.5% in the 4th quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock valued at $2,861,301,000 after buying an additional 4,290,622 shares during the period. Geode Capital Management LLC lifted its position in Qualcomm by 12.5% in the fourth quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock valued at $4,931,968,000 after buying an additional 3,221,924 shares during the last quarter. Invesco Ltd. lifted its position in Qualcomm by 28.1% in the fourth quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company’s stock valued at $2,163,030,000 after buying an additional 2,771,490 shares during the last quarter. Finally, Viking Global Investors LP boosted its stake in Qualcomm by 120.1% during the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after buying an additional 1,720,529 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Analyst commentary is turning more constructive ahead of Qualcomm’s upcoming earnings, with one preview arguing the market has not fully priced in the company’s growth potential. Qualcomm Earnings Preview: A Lot Of Growth Potential Not Baked In Yet (Rating Upgrade)
• Positive Sentiment: Qualcomm confirmed it will report fiscal third-quarter 2026 results on July 29, which keeps investors focused on a potential catalyst if results or guidance surprise to the upside. Qualcomm Schedules Third Quarter Fiscal 2026 Earnings Release and Conference Call
• Positive Sentiment: Some recent analysis continues to frame Qualcomm as a value and AI-growth story, highlighting its cash generation and potential upside in data center/AI-related opportunities. QCOM: A Cash Gusher At A Marked-Down Price
• Neutral Sentiment: Qualcomm also announced the timing of its earnings call through another wire release, reinforcing that the next major stock-moving event is the late-July report. Qualcomm Schedules Third Quarter Fiscal 2026 Earnings Release and Conference Call
• Negative Sentiment: A short-seller-driven story added pressure by claiming a rumored Qualcomm-Anthropic partnership signal was not real, dampening enthusiasm around a potential AI catalyst. QCOM stock suffers 3-day slide: Short seller flags ‘hidden’ Anthropic partnership code — then finds deal wasn’t real
• Negative Sentiment: Insider selling by EVP Akash Palkhiwala, though conducted under a pre-arranged trading plan, may add to near-term negative sentiment. Akash Palkhiwala Sells 2,500 Shares of Qualcomm (NASDAQ:QCOM) Stock

Qualcomm Stock Down 0.1%

Shares of NASDAQ:QCOM opened at $177.98 on Thursday. The firm has a market capitalization of $187.59 billion, a PE ratio of 19.35, a price-to-earnings-growth ratio of 5.30 and a beta of 1.63. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The firm’s 50-day moving average is $209.21 and its two-hundred day moving average is $168.43.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.56 by $0.09. The business had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Analysts predict that Qualcomm Incorporated will post 7.96 EPS for the current year.

Analyst Ratings Changes

QCOM has been the topic of a number of research analyst reports. Craig Hallum downgraded shares of Qualcomm from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Mizuho increased their price objective on shares of Qualcomm from $170.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Zacks Research upgraded shares of Qualcomm from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Evercore set a $179.00 target price on Qualcomm in a research report on Thursday, April 30th. Finally, Daiwa Securities Group upgraded Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price target on the stock in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-one have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Qualcomm presently has an average rating of “Hold” and a consensus target price of $221.31.

Insider Buying and Selling at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the sale, the executive vice president directly owned 39,735 shares in the company, valued at approximately $7,065,677.70. This trade represents a 7.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $211.90, for a total value of $529,750.00. Following the completion of the transaction, the executive vice president owned 28,184 shares of the company’s stock, valued at approximately $5,972,189.60. This trade represents a 8.15% 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 three months, insiders have sold 21,721 shares of company stock worth $4,044,465. 0.05% of the stock is currently owned by insiders.

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.