4,062 Shares in QUALCOMM Incorporated $QCOM Purchased by PharVision Advisers LLC

Key Points

• PharVision Advisers LLC has acquired 4,062 shares of QUALCOMM (NASDAQ: QCOM) valued at approximately $624,000, making it the firm's 3rd largest position.
• Insider selling activity includes CAO Neil Martin selling 791 shares and CFO Akash J. Palkhiwala selling 3,333 shares, indicating a 41.70% and 7.71% decrease in their respective ownership stakes.
• QUALCOMM recently declared a quarterly dividend of $0.89 per share, yielding 2.2%, with the ex-dividend date set for September 4th.

PharVision Advisers LLC acquired a new position in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 4,062 shares of the wireless technology company's stock, valued at approximately $624,000. QUALCOMM makes up about 0.9% of PharVision Advisers LLC's holdings, making the stock its 3rd largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in QCOM. Brighton Jones LLC lifted its holdings in QUALCOMM by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company's stock valued at $2,666,000 after purchasing an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in QUALCOMM by 15.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company's stock valued at $391,000 after purchasing an additional 340 shares in the last quarter. Crestline Management LP purchased a new position in QUALCOMM in the 4th quarter valued at about $526,000. Clark Capital Management Group Inc. lifted its holdings in QUALCOMM by 3.6% in the 4th quarter. Clark Capital Management Group Inc. now owns 1,717 shares of the wireless technology company's stock valued at $264,000 after purchasing an additional 59 shares in the last quarter. Finally, First Manhattan CO. LLC. lifted its holdings in QUALCOMM by 5.8% in the 4th quarter. First Manhattan CO. LLC. now owns 4,349 shares of the wireless technology company's stock valued at $668,000 after purchasing an additional 239 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other QUALCOMM news, CAO Patricia Y. Grech sold 236 shares of the stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $158.36, for a total value of $37,372.96. Following the completion of the sale, the chief accounting officer owned 677 shares of the company's stock, valued at $107,209.72. This trade represents a 25.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $156.86, for a total transaction of $522,814.38. Following the completion of the sale, the chief financial officer directly owned 39,874 shares of the company's stock, valued at $6,254,635.64. This trade represents a 7.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,626 shares of company stock worth $1,948,054 over the last three months. Insiders own 0.08% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on QCOM shares. Mizuho reduced their target price on shares of QUALCOMM from $190.00 to $185.00 and set an "outperform" rating on the stock in a report on Thursday, July 31st. Arete Research set a $200.00 price objective on shares of QUALCOMM in a report on Tuesday, August 26th. Rosenblatt Securities reiterated a "buy" rating and set a $225.00 price objective on shares of QUALCOMM in a report on Thursday, July 31st. Arete upgraded shares of QUALCOMM from a "neutral" rating to a "buy" rating and set a $200.00 price objective on the stock in a report on Tuesday, August 26th. Finally, UBS Group increased their price objective on shares of QUALCOMM from $145.00 to $165.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $182.82.

QUALCOMM Trading Up 0.1%

QCOM traded up $0.13 on Friday, reaching $159.84. 7,951,227 shares of the company's stock were exchanged, compared to its average volume of 6,680,516. The company's 50 day moving average is $156.47 and its 200-day moving average is $152.03. The company has a market cap of $172.47 billion, a price-to-earnings ratio of 15.41, a PEG ratio of 2.32 and a beta of 1.21. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $182.10. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19.

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

QUALCOMM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be given a $0.89 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $3.56 annualized dividend and a yield of 2.2%. QUALCOMM's dividend payout ratio (DPR) is 34.33%.

QUALCOMM Company 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.