Christine Messmer PC Purchases New Holdings in Qualcomm Incorporated $QCOM

Key Points

• Christine Messmer PC opened a new position in Qualcomm, buying 4,360 shares worth about $746,000, while institutional investors now own roughly 74.35% of the stock.
• Qualcomm is expanding beyond handsets—shipping custom AI silicon to a major hyperscaler and reporting record automotive revenue—and has authorized a $20.00 billion share buyback and raised its quarterly dividend to $0.92 (2.2% yield).
• Top insiders sold shares under 10b5‑1 plans (CEO Cristiano Amon sold 10,000 shares and EVP Heather Ace sold 3,200), the stock is trading down ~4.9%, and analyst coverage is mixed with a consensus "Hold" and a $172.40 target.

Christine Messmer PC purchased a new stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,360 shares of the wireless technology company's stock, valued at approximately $746,000.

Other institutional investors have also made changes to their positions in the company. Greykasell Wealth Strategies Inc. increased its holdings in shares of Qualcomm by 1.5% during the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company's stock worth $686,000 after buying an additional 61 shares in the last quarter. Certified Advisory Corp increased its holdings in Qualcomm by 0.6% in the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company's stock valued at $1,678,000 after purchasing an additional 62 shares during the period. Elser Financial Planning Inc increased its holdings in Qualcomm by 3.7% in the third quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company's stock valued at $297,000 after purchasing an additional 63 shares during the period. ProVise Management Group LLC increased its holdings in Qualcomm by 2.6% in the third quarter. ProVise Management Group LLC now owns 2,560 shares of the wireless technology company's stock valued at $426,000 after purchasing an additional 64 shares during the period. Finally, Baker Tilly Wealth Management LLC increased its holdings in Qualcomm by 1.0% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 6,401 shares of the wireless technology company's stock valued at $1,095,000 after purchasing an additional 64 shares during the period. 74.35% of the stock is currently owned by institutional investors.

Key Stories Impacting 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)

Qualcomm Trading Down 4.9%

QCOM opened at $168.38 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $205.95. The firm has a market capitalization 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 company's 50-day moving average is $135.69 and its 200 day moving average is $155.24.

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. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The company had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. During the same quarter in the prior year, the business posted $2.85 EPS. The firm's revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, research analysts predict that Qualcomm Incorporated will post 8.18 earnings per share for the current fiscal year.

Qualcomm announced that its Board of Directors has initiated a stock buyback program on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in shares. This buyback authorization authorizes the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Qualcomm Increases Dividend

The firm also recently announced 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. The ex-dividend date is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. This is a boost from Qualcomm's previous quarterly dividend of $0.89. Qualcomm's dividend payout ratio (DPR) is currently 38.70%.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the sale, the executive vice president owned 39,735 shares in the company, valued at approximately $7,065,677.70. This trade represents a 7.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction dated 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 207,568 shares of the company's stock, valued at approximately $37,362,240. This trade represents a 4.60% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 22,510 shares of company stock worth $3,635,753. 0.05% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

QCOM has been the subject of a number of recent research reports. Daiwa Securities Group downgraded Qualcomm from an "outperform" rating to a "neutral" rating and set a $140.00 price objective for the company. in a report on Wednesday, February 11th. Summit Insights upgraded Qualcomm from a "hold" rating to a "buy" rating in a report on Thursday, April 30th. Barclays increased their price objective on Qualcomm from $130.00 to $150.00 and gave the company an "underweight" rating in a report on Thursday. Morgan Stanley restated an "underweight" rating and issued a $146.00 price objective on shares of Qualcomm in a report on Thursday. Finally, Rosenblatt Securities restated a "buy" rating and issued a $190.00 price objective on shares of Qualcomm in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, fifteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Qualcomm currently has an average rating of "Hold" and a consensus target price of $172.40.

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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