Cardiff Park Advisors LLC Sells 4,579 Shares of Qualcomm Incorporated $QCOM

Key Points

• Cardiff Park Advisors reduced its Qualcomm stake by 29.4% in the first quarter, selling 4,579 shares and retaining 11,016 shares valued at approximately $1.42 million. Institutional investors collectively own 74.35% of Qualcomm.
• Qualcomm shares opened at $166.97, well below their 50-day moving average of $203.52, while analysts maintain an average “Hold” rating and a consensus price target of $219.76.
• The company reported quarterly adjusted earnings of $2.65 per share and revenue of $10.60 billion, and declared a quarterly dividend of $0.92 per share, representing a 2.2% yield.

Cardiff Park Advisors LLC lessened its stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 29.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,016 shares of the wireless technology company's stock after selling 4,579 shares during the quarter. Cardiff Park Advisors LLC's holdings in Qualcomm were worth $1,419,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. World Investment Advisors boosted its stake in shares of Qualcomm by 14.3% during the 4th quarter. World Investment Advisors now owns 64,911 shares of the wireless technology company's stock worth $11,103,000 after acquiring an additional 8,130 shares during the period. MUFG Securities EMEA plc increased its holdings in shares of Qualcomm by 112.2% during the 4th quarter. MUFG Securities EMEA plc now owns 43,986 shares of the wireless technology company's stock worth $7,524,000 after acquiring an additional 23,262 shares during the last quarter. Swedbank AB raised its stake in Qualcomm by 1.5% in the 4th quarter. Swedbank AB now owns 1,533,420 shares of the wireless technology company's stock valued at $262,291,000 after acquiring an additional 23,110 shares during the period. NBC Securities Inc. raised its stake in Qualcomm by 47.5% in the 4th quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company's stock valued at $3,197,000 after acquiring an additional 6,018 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its holdings in Qualcomm by 5.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 143,690 shares of the wireless technology company's stock valued at $24,578,000 after purchasing an additional 7,804 shares during the last quarter. 74.35% of the stock is owned by institutional investors.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is expanding its growth narrative with AI-chip deals and new partnerships, including ties with a major Apple rival, which could help diversify demand beyond smartphones.
• Positive Sentiment: New Snapdragon launches are expected to support Qualcomm’s AI, PC, and handset pipeline ahead of Q3 results, giving investors a potential catalyst if execution is strong.
• Neutral Sentiment: Wall Street is closely watching Qualcomm’s upcoming earnings and key operating metrics to gauge whether recent product momentum is translating into financial improvement.
• Negative Sentiment: Qualcomm’s double-digit chip price increases may reflect rising input costs, but they also raise the risk of customer pushback in already price-sensitive end markets. Article Title
• Negative Sentiment: Broader semiconductor stocks are under pressure from profit-taking, valuation concerns, and unwinding of leveraged AI trades, which is weighing on Qualcomm along with the rest of the sector.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on QCOM shares. UBS Group set a $190.00 price objective on shares of Qualcomm in a research report on Monday, July 20th. Freedom Capital cut shares of Qualcomm from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 13th. Dbs Bank raised shares of Qualcomm to a "moderate buy" rating in a report on Tuesday, July 7th. Susquehanna upped their price target on shares of Qualcomm from $160.00 to $190.00 and gave the company a "neutral" rating in a research note on Thursday, June 25th. Finally, Robert W. Baird set a $300.00 price target on shares of Qualcomm in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-one have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $219.76.

Qualcomm Stock Performance

Shares of NASDAQ QCOM opened at $166.97 on Monday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The firm has a market cap of $175.99 billion, a price-to-earnings ratio of 18.15, a P/E/G ratio of 4.96 and a beta of 1.63. The stock's fifty day moving average price is $203.52 and its two-hundred day moving average price is $168.33. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping analysts' consensus estimates of $2.56 by $0.09. The company had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company's revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, equities analysts forecast that Qualcomm Incorporated will post 7.97 EPS for the current year.

Qualcomm Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be paid a $0.92 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 annualized dividend and a yield of 2.2%. Qualcomm's payout ratio is 40.00%.

Insider Buying and Selling at Qualcomm

In other news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total transaction of $452,025.00. Following the transaction, the executive vice president directly owned 23,184 shares of the company's stock, valued at approximately $4,191,899.04. This trade represents a 9.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of Qualcomm stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the sale, the chief executive officer owned 197,568 shares of the company's stock, valued at approximately $35,562,240. The trade was a 4.82% 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. Insiders have sold 21,721 shares of company stock worth $4,044,465 over the last quarter. Company insiders own 0.05% of the company's stock.

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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