Belpointe Asset Management LLC Sells 5,048 Shares of QUALCOMM Incorporated $QCOM

Key Points

• Belpointe Asset Management LLC reduced its stake in QUALCOMM Incorporated by 18.0%, selling 5,048 shares and now holding 22,921 shares valued at approximately $3.65 million.
• Several large investors, including OVERSEA CHINESE BANKING Corp Ltd and Russell Investments Group Ltd., have significantly increased their stakes in QUALCOMM, indicating continued institutional interest in the company.
• QUALCOMM reported a 10.4% year-over-year revenue increase for the last quarter, with earnings per share of $2.77, surpassing analysts' estimates, while setting a Q4 2025 EPS guidance of 2.750-2.950.

Belpointe Asset Management LLC lowered its stake in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 18.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,921 shares of the wireless technology company's stock after selling 5,048 shares during the period. Belpointe Asset Management LLC's holdings in QUALCOMM were worth $3,651,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of QCOM. OVERSEA CHINESE BANKING Corp Ltd lifted its position in QUALCOMM by 565.0% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 124,327 shares of the wireless technology company's stock valued at $19,098,000 after purchasing an additional 105,631 shares during the period. PFG Advisors boosted its stake in QUALCOMM by 8.0% in the first quarter. PFG Advisors now owns 4,314 shares of the wireless technology company's stock valued at $663,000 after acquiring an additional 321 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in QUALCOMM by 3.3% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 188,654 shares of the wireless technology company's stock worth $28,979,000 after acquiring an additional 6,017 shares during the period. Russell Investments Group Ltd. increased its holdings in QUALCOMM by 12.3% in the first quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company's stock valued at $203,904,000 after purchasing an additional 145,509 shares during the last quarter. Finally, Manchester Capital Management LLC boosted its holdings in QUALCOMM by 0.5% during the first quarter. Manchester Capital Management LLC now owns 24,169 shares of the wireless technology company's stock worth $3,713,000 after buying an additional 129 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company's stock.

Insider Transactions at QUALCOMM

In other news, CAO Patricia Y. Grech sold 273 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $161.42, for a total transaction of $44,067.66. Following the transaction, the chief accounting officer owned 404 shares in the company, valued at approximately $65,213.68. This trade represents a 40.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Neil Martin sold 791 shares of QUALCOMM stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $154.82, for a total value of $122,462.62. Following the sale, the chief accounting officer directly owned 1,106 shares of the company's stock, valued at approximately $171,230.92. The trade was a 41.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 159,767 shares of company stock worth $26,322,745. 0.08% of the stock is currently owned by insiders.

QUALCOMM Trading Up 0.2%

Shares of QUALCOMM stock opened at $169.18 on Monday. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The business has a fifty day simple moving average of $159.51 and a two-hundred day simple moving average of $153.22. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $182.10. The company has a market capitalization of $182.55 billion, a price-to-earnings ratio of 16.31, a P/E/G ratio of 2.47 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.71 by $0.06. The firm had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The company's quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on QCOM. Bank of America cut their price target on shares of QUALCOMM from $245.00 to $200.00 and set a "buy" rating on the stock in a research report on Tuesday, June 17th. Arete Research set a $200.00 price objective on shares of QUALCOMM in a research report on Tuesday, August 26th. UBS Group lifted their target price on QUALCOMM from $145.00 to $165.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. JPMorgan Chase & Co. boosted their target price on QUALCOMM from $190.00 to $200.00 and gave the company an "overweight" rating in a research note on Monday, July 28th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $225.00 price target on shares of QUALCOMM in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, QUALCOMM currently has an average rating of "Moderate Buy" and a consensus target price of $182.82.

QUALCOMM Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.