Alliance Wealth Advisors LLC UT Sells 7,612 Shares of Qualcomm Incorporated $QCOM

Key Points

• Alliance Wealth Advisors LLC UT reduced its Qualcomm stake by 31.8%, selling 7,612 shares and ending the quarter with 16,347 shares worth about $2.796 million.
• Insiders sold 22,510 shares (~$3.64M) over the last quarter, including CEO Cristiano Amon’s sale of 10,000 shares, a move that could increase short‑term selling pressure.
• Qualcomm beat Q1 EPS ($2.65 vs. $2.56), approved a $20 billion stock repurchase (up to 14.5% of shares), and raised its quarterly dividend to $0.92.

Alliance Wealth Advisors LLC UT decreased its stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 31.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,347 shares of the wireless technology company's stock after selling 7,612 shares during the period. Alliance Wealth Advisors LLC UT's holdings in Qualcomm were worth $2,796,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. NBC Securities Inc. increased its position in shares of Qualcomm by 47.5% during the fourth quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company's stock worth $3,197,000 after acquiring an additional 6,018 shares in the last quarter. Inscription Capital LLC lifted its position in Qualcomm by 58.1% in the 3rd quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company's stock valued at $2,172,000 after acquiring an additional 4,799 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in Qualcomm by 9.9% during the 4th quarter. Wealthfront Advisers LLC now owns 121,828 shares of the wireless technology company's stock valued at $20,839,000 after purchasing an additional 10,927 shares during the last quarter. Savvy Advisors Inc. boosted its stake in Qualcomm by 43.3% during the 4th quarter. Savvy Advisors Inc. now owns 19,102 shares of the wireless technology company's stock valued at $3,267,000 after purchasing an additional 5,776 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in Qualcomm by 1.7% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,004,339 shares of the wireless technology company's stock worth $167,082,000 after purchasing an additional 16,738 shares in the last quarter. Institutional investors own 74.35% of the company's stock.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Company is shipping custom AI silicon to a major hyperscaler and reported record automotive revenue, signaling growth beyond smartphones (data-center and automotive platforms could lift long-term revenue mix). Qualcomm’s AI Chips And Automotive Growth Reshape Its Investment Story
• Neutral Sentiment: Cantor Fitzgerald raised its price target to $150 (kept a Neutral rating), a modest upbeat signal but not a conviction upgrade; this may temper downside but is not strongly bullish. Cantor Fitzgerald Raises PT on QUALCOMM (QCOM) Stock
• Neutral Sentiment: Intel hired another ex‑Qualcomm executive to lead its PC/physical AI business — a reminder Qualcomm-built talent is being recruited by peers; not a direct hit to revenues but notable for competitive dynamics and talent flow. Intel appoints Qualcomm executive to lead PC and physical AI business
• Negative Sentiment: Insider selling by top executives: CEO Cristiano Amon sold 10,000 shares (~$1.8M) and EVP Heather Ace sold 3,200 shares under 10b5‑1 plans; high-profile sales can amplify short‑term selling pressure even if pre‑arranged. Amon SEC filing Ace SEC filing
• Negative Sentiment: Bearish commentary highlights persistent handset weakness and declining handset-driven revenue/profits despite AI optimism — a reminder near‑term results remain sensitive to phone cycles. Bear of the Day: Qualcomm (QCOM)

Insider Activity at Qualcomm

In related news, CAO Patricia Y. Grech sold 192 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $172.00, for a total transaction of $33,024.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president owned 16,393 shares of the company's stock, valued at $2,245,841. This trade represents a 16.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 22,510 shares of company stock valued at $3,635,753 over the last quarter. Corporate insiders own 0.05% of the company's stock.

Analysts Set New Price Targets

QCOM has been the topic of a number of recent research reports. Piper Sandler restated an "overweight" rating and issued a $200.00 target price on shares of Qualcomm in a report on Thursday, February 5th. Evercore set a $179.00 price target on Qualcomm in a report on Thursday. Susquehanna increased their price target on Qualcomm from $140.00 to $160.00 and gave the company a "neutral" rating in a research report on Thursday. The Goldman Sachs Group initiated coverage on Qualcomm in a research note on Monday, March 30th. They set a "neutral" rating and a $135.00 price objective on the stock. Finally, Sanford C. Bernstein reiterated a "market perform" rating and issued a $140.00 target price (down from $175.00) on shares of Qualcomm in a research note on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, fifteen have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $172.40.

Qualcomm Stock Performance

QCOM stock opened at $168.38 on Tuesday. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The firm has a market cap of $177.47 billion, a PE ratio of 18.30, a P/E/G ratio of 21.42 and a beta of 1.49. The business has a 50 day moving average of $135.69 and a 200-day moving average of $155.24. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $205.95.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts' consensus estimates of $2.56 by $0.09. The business had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.Qualcomm's quarterly revenue was down 3.5% compared to the same quarter last year. During the same period last year, the company posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts expect that Qualcomm Incorporated will post 8.18 earnings per share for the current year.

Qualcomm declared that its board has approved a stock repurchase plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued.

Qualcomm Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a $0.92 dividend. This is an increase from Qualcomm's previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. Qualcomm's payout ratio is presently 38.70%.

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.

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