QRG Capital Management Inc. Buys 13,627 Shares of Qualcomm Incorporated $QCOM

Key Points

• QRG Capital Management raised its Qualcomm stake by 8.3% in Q4, buying 13,627 shares to hold 178,521 shares valued at about $30.54 million, and institutional investors now own 74.35% of the company.
• Insider selling has been notable: CEO Cristiano Amon sold 10,000 shares (~$1.8M) and EVP Heather Ace sold 3,200 shares, with insiders offloading 22,510 shares (~$3.64M) in the last 90 days, some under 10b5‑1 plans.
• Qualcomm beat quarterly EPS ($2.65 vs. $2.56) and revenue marginally, and its board approved a $20 billion share buyback while raising the quarterly dividend to $0.92 (annualized $3.68, ~2.2% yield).

QRG Capital Management Inc. increased its stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 8.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 178,521 shares of the wireless technology company's stock after acquiring an additional 13,627 shares during the quarter. QRG Capital Management Inc.'s holdings in Qualcomm were worth $30,536,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. NBC Securities Inc. grew its holdings in shares of Qualcomm by 47.5% during the 4th quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company's stock valued at $3,197,000 after purchasing an additional 6,018 shares during the last quarter. Inscription Capital LLC boosted its position in Qualcomm by 58.1% during the 3rd quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company's stock valued at $2,172,000 after buying an additional 4,799 shares during the period. Wealthfront Advisers LLC boosted its position in Qualcomm by 9.9% during the 4th quarter. Wealthfront Advisers LLC now owns 121,828 shares of the wireless technology company's stock valued at $20,839,000 after buying an additional 10,927 shares during the period. Savvy Advisors Inc. boosted its position in Qualcomm by 43.3% during the 4th quarter. Savvy Advisors Inc. now owns 19,102 shares of the wireless technology company's stock valued at $3,267,000 after buying an additional 5,776 shares during the period. Finally, First National Trust Co boosted its position in Qualcomm by 9.4% during the 3rd quarter. First National Trust Co now owns 57,687 shares of the wireless technology company's stock valued at $9,597,000 after buying an additional 4,976 shares during the period. Institutional investors own 74.35% of the company's stock.

Insider Buying and Selling at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the transaction, the executive vice president directly owned 16,393 shares of the company's stock, valued at $2,245,841. This trade represents a 16.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Cristiano R. Amon sold 10,000 shares of Qualcomm 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 transaction, the chief executive officer directly owned 207,568 shares of the company's stock, valued at approximately $37,362,240. This trade represents a 4.60% 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. In the last 90 days, insiders sold 22,510 shares of company stock valued at $3,635,753. Insiders own 0.05% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on QCOM shares. UBS Group increased their price target on shares of Qualcomm from $150.00 to $170.00 and gave the company a "neutral" rating in a research report on Thursday. Daiwa Securities Group cut shares of Qualcomm from an "outperform" rating to a "neutral" rating and set a $140.00 price target for the company. in a research report on Wednesday, February 11th. Summit Insights raised shares of Qualcomm from a "hold" rating to a "buy" rating in a research report on Thursday, April 30th. BNP Paribas Exane cut shares of Qualcomm to a "neutral" rating in a research report on Wednesday, April 29th. Finally, Robert W. Baird set a $300.00 price target on shares of Qualcomm in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $172.40.

More Qualcomm News

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%

NASDAQ:QCOM opened at $168.38 on Tuesday. The company has a 50-day moving average price of $135.69 and a 200-day moving average price of $155.24. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $205.95. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. The stock has a market cap of $177.47 billion, a price-to-earnings ratio of 18.30, a P/E/G ratio of 21.42 and a beta of 1.49.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm had revenue of $10.60 billion during the quarter, compared to analysts' expectations of $10.59 billion. During the same period last year, the company posted $2.85 EPS. The company's quarterly 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. Equities analysts predict that Qualcomm Incorporated will post 8.18 EPS for the current year.

Qualcomm declared that its Board of Directors has initiated a share repurchase plan on Tuesday, March 17th that allows the company to buyback $20.00 billion in shares. This buyback authorization allows the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

Qualcomm Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be given a dividend of $0.92 per share. This is an increase from Qualcomm's previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a yield of 2.2%. Qualcomm's dividend payout ratio is 38.70%.

Qualcomm 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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