Drucker Wealth 3.0 LLC Has $1.22 Million Stock Holdings in QUALCOMM Incorporated $QCOM

Key Points

• Drucker Wealth 3.0 LLC increased its stake in QUALCOMM by 29.4% during Q2, bringing its total holdings to $1.22 million.
• QUALCOMM reported earnings of $2.77 per share for the last quarter, exceeding expectations, with a year-over-year revenue growth of 10.4%.
• Institutional investors own 74.35% of QUALCOMM's stock, with several hedge funds actively increasing their positions in recent months.

Drucker Wealth 3.0 LLC grew its holdings in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 29.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,644 shares of the wireless technology company's stock after purchasing an additional 1,735 shares during the quarter. Drucker Wealth 3.0 LLC's holdings in QUALCOMM were worth $1,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Atlantic Edge Private Wealth Management LLC boosted its holdings in QUALCOMM by 70.0% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company's stock worth $26,000 after acquiring an additional 70 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its holdings in QUALCOMM by 122.4% in the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company's stock worth $26,000 after acquiring an additional 93 shares in the last quarter. Chung Wu Investment Group LLC bought a new position in QUALCOMM in the second quarter worth approximately $32,000. Atticus Wealth Management LLC boosted its holdings in QUALCOMM by 21,200.0% in the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company's stock worth $34,000 after acquiring an additional 212 shares in the last quarter. Finally, Abound Financial LLC bought a new position in QUALCOMM in the first quarter worth approximately $39,000. 74.35% of the stock is owned by institutional investors and hedge funds.

QUALCOMM Stock Performance

Shares of QCOM opened at $153.64 on Friday. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $165.77 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 2.42 and a beta of 1.23. The stock has a 50 day moving average of $160.39 and a 200 day moving average of $153.48. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $182.10.

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

Insider Activity at QUALCOMM

In other QUALCOMM news, CAO Neil Martin sold 791 shares of the firm's stock in a transaction 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 completion of the sale, the chief accounting officer directly owned 1,106 shares of the company's stock, valued at $171,230.92. This trade represents a 41.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Patricia Y. Grech sold 201 shares of the firm's stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $170.00, for a total value of $34,170.00. Following the completion of the sale, the chief accounting officer directly owned 203 shares of the company's stock, valued at $34,510. This represents a 49.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 159,767 shares of company stock valued at $26,322,745 in the last ninety days. Insiders own 0.08% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Sanford C. Bernstein set a $185.00 price target on QUALCOMM and gave the stock an "outperform" rating in a report on Monday, July 28th. Bank of America cut their price target on QUALCOMM from $245.00 to $200.00 and set a "buy" rating on the stock in a report on Tuesday, June 17th. Arete raised QUALCOMM from a "neutral" rating to a "buy" rating and set a $200.00 price objective for the company in a research note on Tuesday, August 26th. UBS Group increased their price objective on QUALCOMM from $145.00 to $165.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Finally, Arete Research set a $200.00 price objective on QUALCOMM in a research note on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $182.82.

About QUALCOMM

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.

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