AE Wealth Management LLC Has $27.57 Million Holdings in Qualcomm Incorporated $QCOM

Key Points

• AE Wealth Management LLC boosted its stake in Qualcomm by 24.5% in Q4 to 161,149 shares, valued at about $27.57 million.
• Qualcomm's board authorized a $20 billion share buyback—allowing repurchases of up to 14.5% of outstanding shares—suggesting management sees the stock as undervalued.
• Qualcomm beat the quarter with $3.50 EPS on $12.25 billion revenue and set Q2 2026 guidance of $2.45–$2.65 EPS, while analysts forecast roughly 9.39 EPS for the fiscal year.

AE Wealth Management LLC increased its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 24.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 161,149 shares of the wireless technology company's stock after acquiring an additional 31,734 shares during the quarter. AE Wealth Management LLC's holdings in Qualcomm were worth $27,565,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbor Capital Advisors Inc. grew its position in Qualcomm by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company's stock worth $26,000 after buying an additional 65 shares in the last quarter. Cloud Capital Management LLC acquired a new position in Qualcomm in the 3rd quarter valued at $27,000. Richardson Financial Services Inc. lifted its position in shares of Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock valued at $29,000 after acquiring an additional 80 shares during the period. Glass Jacobson Investment Advisors llc grew its holdings in shares of Qualcomm by 113.5% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company's stock worth $32,000 after purchasing an additional 101 shares in the last quarter. Finally, Board of the Pension Protection Fund acquired a new stake in shares of Qualcomm during the 4th quarter worth $34,000. Institutional investors and hedge funds own 74.35% of the company's stock.

Qualcomm Stock Performance

Qualcomm stock opened at $134.47 on Friday. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The stock has a market cap of $143.48 billion, a PE ratio of 27.78 and a beta of 1.28. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $205.95. The business's 50-day moving average price is $134.50 and its two-hundred day moving average price is $156.67.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating analysts' consensus estimates of $3.38 by $0.12. The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The firm's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the company posted $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, analysts expect that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm announced that its board has authorized a share buyback 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 purchase up to 14.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the company's stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $130.34, for a total value of $325,850.00. Following the completion of the transaction, the executive vice president owned 30,684 shares of the company's stock, valued at $3,999,352.56. This represents a 7.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president owned 16,393 shares of the company's stock, valued at $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,118 shares of company stock worth $1,233,705 in the last 90 days. 0.05% of the stock is currently owned by corporate insiders.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is pushing deeper into automotive AI and chips with a direct investment in UK self‑driving startup Wayve and a deeper collaboration with Bosch to build vehicle compute platforms targeting initial products around 2028 — this supports a longer‑term growth story beyond smartphones. Qualcomm’s Automotive Push Adds New Layer To QCOM Investment Story
• Neutral Sentiment: Qualcomm will report fiscal Q2 2026 results on April 29 (after the close), an event that could drive short‑term volatility as investors reassess guidance and chip demand trends. Qualcomm Schedules Second Quarter Fiscal 2026 Earnings Release and Conference Call
• Neutral Sentiment: Market commentary outlines both bull and bear cases: valuation and diversification into automotive are positives, while recent share weakness and cyclical industry headwinds are risks — useful context but not a direct catalyst. Qualcomm Stock Price Prediction: Bull and Bear Case
• Negative Sentiment: JPMorgan cut Qualcomm from Overweight to Neutral and placed it on a "negative catalyst watch," lowering the price target from $185 to $140 — a clear near‑term headwind that signals the bank sees limited upside versus current levels. JPMorgan Downgrades Qualcomm and Puts It on Negative Watch
• Negative Sentiment: Analyst and media commentary (e.g., The Motley Fool) highlights semiconductor industry headwinds weighing on Qualcomm’s near‑term growth — reinforcing caution among investors focused on cyclical demand. Could Qualcomm Stock be One of the Best Semiconductor Stocks to Buy Today?

Analyst Ratings Changes

QCOM has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Qualcomm in a research note on Friday, March 27th. The Goldman Sachs Group began coverage on shares of Qualcomm in a report on Monday, March 30th. They issued a "neutral" rating and a $135.00 target price on the stock. Wells Fargo & Company upgraded shares of Qualcomm from an "underweight" rating to an "equal weight" rating and boosted their target price for the company from $135.00 to $185.00 in a research report on Tuesday, February 24th. Robert W. Baird set a $177.00 price target on shares of Qualcomm in a report on Thursday, February 5th. Finally, Daiwa Securities Group lowered shares of Qualcomm from an "outperform" rating to a "neutral" rating and set a $140.00 price target on the stock. in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Qualcomm presently has a consensus rating of "Hold" and a consensus target price of $161.73.

Qualcomm 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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