Darwin Wealth Management LLC Acquires 4,415 Shares of Qualcomm Incorporated $QCOM

Key Points

• Darwin Wealth Management LLC increased its Qualcomm stake by 42.1% in the first quarter, buying 4,415 additional shares and bringing its total to 14,912 shares worth about $1.92 million.
• Institutional ownership remains heavy in Qualcomm, with several large investors also adding to positions and 74.35% of the stock held by institutions overall.
• Recent sentiment is mixed but improving: analysts have a Hold consensus with a $220.45 price target, while Qualcomm also posted a quarterly earnings beat and continues to draw optimism around AI, automotive, and buyback-related growth themes.

Darwin Wealth Management LLC increased its stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 42.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,912 shares of the wireless technology company's stock after acquiring an additional 4,415 shares during the period. Darwin Wealth Management LLC's holdings in Qualcomm were worth $1,920,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of Qualcomm in the 4th quarter worth approximately $2,591,056,000. Wellington Management Group LLP raised its holdings in Qualcomm by 141.8% during the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company's stock valued at $2,069,059,000 after buying an additional 7,292,783 shares during the period. Geode Capital Management LLC lifted its position in Qualcomm by 12.5% in the fourth quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company's stock worth $4,931,968,000 after buying an additional 3,221,924 shares during the last quarter. Invesco Ltd. boosted its stake in Qualcomm by 28.1% during the fourth quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company's stock worth $2,163,030,000 after buying an additional 2,771,490 shares during the period. Finally, Viking Global Investors LP boosted its stake in Qualcomm by 120.1% during the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company's stock worth $502,125,000 after buying an additional 1,720,529 shares during the period. 74.35% of the stock is owned by institutional investors.

Insider Transactions at Qualcomm

In other news, CEO Cristiano R. Amon sold 10,000 shares of the firm's stock in a transaction on Monday, May 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the transaction, the chief executive officer owned 197,568 shares in the company, valued at approximately $35,562,240. This trade represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the company's stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $201.77, for a total transaction of $167,267.33. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 21,721 shares of company stock worth $3,918,290 over the last quarter. 0.05% of the stock is owned by corporate insiders.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Multiple recent pieces argue Qualcomm has more upside, including bullish price-target work and comparisons with other semiconductor names, with investors focused on its AI, data-center, and server growth potential. The Road To $380 For Qualcomm Stock
• Positive Sentiment: Analysts and market commentators highlighted Qualcomm’s expanding AI-focused portfolio and ongoing opportunities in emerging AI markets, which can reinforce the stock’s long-term growth narrative. Monolithic vs. Qualcomm: Which Semiconductor Stock Has More Upside?
• Positive Sentiment: Qualcomm’s automotive business continues to stand out, with record revenue and strong Snapdragon Digital Chassis adoption helping support the idea that growth is broadening beyond smartphones. Will Qualcomm's Automotive Business Continue Driving Top-Line Growth?
• Positive Sentiment: Recent analyst upgrades, including DBS Bank’s move to “moderate buy,” and other bullish notes suggest Wall Street sentiment is improving. Monolithic vs. Qualcomm: Which Semiconductor Stock Has More Upside?
• Neutral Sentiment: One report said Qualcomm was the recipient of a large increase in short interest, but the figures shown were zero shares, so the data appears inconclusive and is unlikely to be a major driver. Short Interest Update
• Negative Sentiment: Qualcomm’s late-June removal from several Russell growth and defensive indices may still pressure the stock through passive index-related selling, even as fundamentals and AI-related headlines improve sentiment. How Investors Are Reacting To QUALCOMM (QCOM) Index Removal And New On-Device AI Deepfake Partnership

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Daiwa Securities Group raised shares of Qualcomm from a "neutral" rating to an "outperform" rating and set a $225.00 target price on the stock in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $160.00 price target on shares of Qualcomm in a report on Thursday, April 30th. Oppenheimer lowered shares of Qualcomm from a "market perform" rating to a "market perform" rating in a research report on Friday, May 8th. Zacks Research upgraded Qualcomm from a "strong sell" rating to a "hold" rating in a research report on Monday, May 4th. Finally, Freedom Capital cut Qualcomm from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twenty have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $220.45.

Qualcomm Price Performance

Qualcomm stock opened at $189.16 on Friday. 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 stock has a market cap of $199.37 billion, a price-to-earnings ratio of 20.56, a price-to-earnings-growth ratio of 5.69 and a beta of 1.63. The firm has a 50-day moving average of $209.59 and a two-hundred day moving average of $168.36. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.09. The firm had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The company's revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, research analysts forecast that Qualcomm Incorporated will post 7.96 earnings per share for the current year.

Qualcomm announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to reacquire up to 14.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its shares are undervalued.

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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