7,456 Qualcomm Incorporated $QCOM Shares Sold by International Assets Investment Management LLC

Key Points

• International Assets Investment Management cut its Qualcomm stake by 42.7% in the third quarter, selling 7,456 shares and retaining 10,000 shares valued at about $1.84 million.
• Institutional ownership remains substantial at 74.35%, with several major investors adding shares. Qualcomm’s analyst consensus is “Hold,” with an average price target of $205.48.
• Investors are watching Qualcomm’s earnings and growth outlook: weaker handset-chip revenue and potential margin pressure contrast with possible AI and data-center opportunities, whose timing and scale remain uncertain.

International Assets Investment Management LLC reduced its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 42.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,000 shares of the wireless technology company's stock after selling 7,456 shares during the quarter. International Assets Investment Management LLC's holdings in Qualcomm were worth $1,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Qualcomm during the second quarter valued at approximately $17,583,115,000. State Street Corp lifted its position in Qualcomm by 1.3% during the second quarter. State Street Corp now owns 52,763,263 shares of the wireless technology company's stock valued at $9,750,123,000 after purchasing an additional 671,537 shares during the period. Van ECK Associates Corp boosted its holdings in Qualcomm by 22.7% in the second quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company's stock worth $3,178,872,000 after purchasing an additional 3,179,720 shares during the last quarter. Amundi boosted its holdings in Qualcomm by 94.1% in the second quarter. Amundi now owns 10,195,741 shares of the wireless technology company's stock worth $1,884,071,000 after purchasing an additional 4,942,908 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Qualcomm in the 2nd quarter worth approximately $1,523,930,000. 74.35% of the stock is currently owned by institutional investors.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm Ventures joined a $700 million funding round for AI startup Hark, which is developing AI models, software and hardware for a personal-assistant platform. The investment could create opportunities for Qualcomm chips in future consumer devices, though commercial benefits are uncertain. Qualcomm Joins Hark Funding Round
• Positive Sentiment: One report highlights potential data-center business with major hyperscalers as a possible growth engine that could help offset handset weakness. The timing and scale of revenue remain key uncertainties. Qualcomm May Be a Data-Center AI Winner
• Neutral Sentiment: Investors are focused on the Nov. 4 earnings report for updates on quarterly performance, the handset outlook and whether AI ambitions can support future growth. Qualcomm Q4 2026 Earnings Preview
• Negative Sentiment: Near-term fundamentals are a concern: Qualcomm’s phone-chip revenue fell 20% year over year in the June quarter, and previews flag possible revenue declines, rising costs and margin pressure. This increases the importance of the company’s guidance. Should You Buy Qualcomm Before Its Nov. 4 Report?
• Negative Sentiment: Qualcomm has also been caught in a broader semiconductor selloff. A report noted an 11% one-day drop on Oct. 30 as the PHLX Semiconductor Index fell about 7%; another cited the stock trading more than 37% below its year-to-date high and losing a key support level. Qualcomm Loses Crucial Support Ahead of Earnings

Insider Activity

In other news, CEO Cristiano Amon sold 10,000 shares of the stock in a transaction on Friday, September 25th. The shares were sold at an average price of $200.00, for a total value of $2,000,000.00. Following the completion of the sale, the chief executive officer directly owned 177,568 shares of the company's stock, valued at $35,513,600. This represents a 5.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Grech sold 208 shares of the firm's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $170.00, for a total transaction of $35,360.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 30,258 shares of company stock valued at $5,727,616. 0.05% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on QCOM. Rosenblatt Securities reiterated a "buy" rating and set a $235.00 target price on shares of Qualcomm in a research note on Wednesday, September 9th. Morgan Stanley cut their price objective on Qualcomm from $231.00 to $220.00 and set an "equal weight" rating for the company in a report on Thursday, July 30th. TD Cowen lifted their price objective on Qualcomm from $175.00 to $200.00 and gave the stock a "buy" rating in a report on Monday, October 19th. Sanford C. Bernstein reduced their price objective on Qualcomm from $165.00 to $155.00 and set a "market perform" rating for the company in a research report on Monday. Finally, Piper Sandler assumed coverage on Qualcomm in a report on Wednesday, September 9th. They issued a "neutral" rating and a $190.00 target price on the stock. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $205.48.

Qualcomm Trading Up 1.4%

Qualcomm stock opened at $164.43 on Wednesday. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The firm has a market capitalization of $175.58 billion, a price-to-earnings ratio of 19.03, a P/E/G ratio of 3.65 and a beta of 1.70. The firm has a 50 day moving average of $177.98 and a 200 day moving average of $169.42. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46.

Qualcomm Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Thursday, December 3rd. Qualcomm's dividend payout ratio is presently 42.59%.

Qualcomm Profile

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.

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