Arete Wealth Advisors LLC Takes Position in Qualcomm Incorporated $QCOM

Arete Wealth Advisors LLC bought a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 47,760 shares of the wireless technology company's stock, valued at approximately $8,826,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Torren Management LLC purchased a new stake in Qualcomm in the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd raised its position in shares of Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company's stock worth $29,000 after purchasing an additional 170 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new position in shares of Qualcomm during the 4th quarter worth about $31,000. Commonwealth Retirement Investments LLC purchased a new position in Qualcomm in the 4th quarter valued at about $32,000. Finally, Your Advocates Ltd. LLP purchased a new position in Qualcomm in the 1st quarter valued at about $26,000. Institutional investors and hedge funds own 74.35% of the company's stock.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, CAO Patricia Y. Grech sold 625 shares of Qualcomm stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $162.85, for a total value of $101,781.25. Following the transaction, the chief accounting officer directly owned 208 shares in the company, valued at approximately $33,872.80. This trade represents a 75.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 business's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $147.04, for a total transaction of $470,528.00. Following the transaction, the executive vice president owned 36,535 shares in the company, valued at approximately $5,372,106.40. This trade represents a 8.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 11,325 shares of company stock worth $1,925,859. 0.05% of the stock is currently owned by insiders.

Qualcomm Trading Down 1.4%

Shares of NASDAQ QCOM opened at $158.53 on Tuesday. The stock has a market capitalization of $166.49 billion, a PE ratio of 18.35, a PEG ratio of 14.84 and a beta of 1.65. 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 Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92. The stock has a fifty day simple moving average of $177.01 and a 200-day simple moving average of $168.20.

Qualcomm (NASDAQ:QCOM - Get Free Report) last released its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.23 by ($0.02). The company had revenue of $9.95 billion during the quarter, compared to analysts' expectations of $9.69 billion. Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The company's revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter last year, the business posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, equities analysts forecast that Qualcomm Incorporated will post 7.74 earnings per share for the current year.

Qualcomm Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm's dividend payout ratio is presently 42.59%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on QCOM. Dbs Bank raised Qualcomm to a "moderate buy" rating in a research note on Tuesday, July 7th. Robert W. Baird set a $400.00 price objective on Qualcomm in a report on Thursday, July 30th. Sanford C. Bernstein set a $165.00 target price on shares of Qualcomm in a research note on Thursday, July 30th. Raymond James Financial initiated coverage on shares of Qualcomm in a report on Thursday, June 25th. They set a "strong-buy" rating for the company. Finally, The Goldman Sachs Group set a $160.00 target price on shares of Qualcomm in a research report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $203.63.

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.

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