Qualcomm Incorporated $QCOM Position Boosted by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors LLC raised its Qualcomm stake by 39.1% to 83,069 shares (worth about $14.21M) in Q4, and institutional investors now own roughly 74.35% of the company.
• Qualcomm’s board approved a $20 billion share repurchase program, authorizing buybacks of up to 14.5% of outstanding shares.
• Insiders sold 9,118 shares over the past 90 days (≈$1.23M), while analysts are mixed — the consensus rating is "Hold" with an average price target of $163.77 and several recent downgrades.

Farther Finance Advisors LLC raised its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 39.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,069 shares of the wireless technology company's stock after acquiring an additional 23,349 shares during the quarter. Farther Finance Advisors LLC's holdings in Qualcomm were worth $14,209,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Inscription Capital LLC grew its stake in shares of Qualcomm by 58.1% in 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 in the last quarter. Savvy Advisors Inc. grew its stake in shares of Qualcomm by 43.3% in 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Qualcomm by 1.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,004,339 shares of the wireless technology company's stock valued at $167,082,000 after buying an additional 16,738 shares in the last quarter. Simplify Asset Management Inc. bought a new stake in shares of Qualcomm in the 3rd quarter valued at approximately $725,000. Finally, First National Trust Co grew its stake in shares of Qualcomm by 9.4% in 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 in the last quarter. Hedge funds and other institutional investors own 74.35% of the company's stock.

Insider Activity at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the company's stock in a transaction that occurred on Monday, February 9th. The stock was 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 in the company, valued at $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the company's stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $130.34, for a total value of $325,850.00. Following the transaction, the executive vice president owned 30,684 shares of the company's stock, valued at approximately $3,999,352.56. This trade represents a 7.53% decrease in their ownership of the stock. 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 sold 9,118 shares of company stock valued at $1,233,705. Corporate insiders own 0.05% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Robert W. Baird set a $177.00 price target on Qualcomm in a research note on Thursday, February 5th. Bank of America assumed coverage on Qualcomm in a research note on Tuesday, March 10th. They issued an "underperform" rating and a $145.00 price target for the company. JPMorgan Chase & Co. lowered their price target on Qualcomm from $195.00 to $185.00 and set an "overweight" rating for the company in a research note on Thursday, February 5th. Morgan Stanley started coverage on Qualcomm in a research note on Tuesday, February 10th. They issued an "underweight" rating and a $132.00 price target for the company. Finally, Royal Bank Of Canada reduced their target price on Qualcomm from $180.00 to $150.00 and set a "sector perform" rating for the company in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $163.77.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm expanded its long‑term Bosch tie‑up into advanced driver‑assistance systems (ADAS), rolling out Snapdragon Digital Chassis software to power smarter, software‑defined vehicles — a meaningful revenue and TAM expansion for automotive semiconductors. Can Qualcomm's Deepen Long-Term Tie-Up With Bosch Drive Its Shares?
• Positive Sentiment: The company’s board has authorized a $20 billion buyback program (announced March 17), which reduces share count and signals management believes shares are undervalued — a clear support for the stock. Qualcomm Stock Profile
• Positive Sentiment: Recent bullish write‑ups argue Qualcomm is a high‑quality buying opportunity given its semiconductor/IP mix, strong ROE and longer‑term growth in automotive, IoT and AI edge use cases. Why Qualcomm (QCOM) Is a Top Quality Stock to Buy Now?
• Neutral Sentiment: Valuation/price action coverage notes the recent pullback and asks whether current levels represent value — useful context for investors but not an immediate catalyst. Is Qualcomm (QCOM) Offering Value After Its Recent Share Price Weakness?
• Neutral Sentiment: An EVP executed a Rule 10b5‑1 sale of 2,500 shares at about $130 — disclosed to the market but described as pre‑arranged, so it’s likely neutral for fundamentals. SEC Filing — Insider Sale
• Negative Sentiment: Several analysts have trimmed price targets and ratings (RBC, Mizuho, Daiwa, Zacks cuts cited), which can cap near‑term upside and increases the risk of further downward pressure if guidance or macro data disappoint. Analyst Coverage and Price Target Moves

Qualcomm Stock Up 1.2%

QCOM opened at $132.84 on Wednesday. The business has a 50 day moving average price of $134.85 and a 200 day moving average price of $157.00. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $205.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. The firm has a market cap of $141.74 billion, a P/E ratio of 27.45 and a beta of 1.28.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.16 billion. During the same period in the previous year, the company earned $3.41 EPS. The company's revenue for the quarter was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Research analysts forecast that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm declared that its Board of Directors has approved a share repurchase program 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 stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership 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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