Qualcomm Incorporated $QCOM Shares Acquired by Van Den Berg Management I Inc.

Key Points

• Van Den Berg Management I Inc. increased its Qualcomm stake by 7.6% in the first quarter, ending with 62,118 shares valued at about $8 million. Qualcomm now makes up 1.8% of the fund’s holdings.
• Several other institutional investors also boosted their positions, and hedge funds and institutions now own 74.35% of Qualcomm’s stock. Meanwhile, insiders have been selling shares, including recent sales by CAO Patricia Y. Grech and EVP Heather S. Ace.
• Qualcomm recently beat quarterly EPS expectations and maintained dividend coverage, but the stock has faced pressure from broader semiconductor weakness and concerns about higher chip prices. Analysts currently rate the stock a Hold on average, with a consensus price target of $219.76.

Van Den Berg Management I Inc. grew its holdings in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 7.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,118 shares of the wireless technology company's stock after acquiring an additional 4,413 shares during the period. Qualcomm comprises 1.8% of Van Den Berg Management I Inc.'s holdings, making the stock its 20th biggest position. Van Den Berg Management I Inc.'s holdings in Qualcomm were worth $8,000,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in Qualcomm by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company's stock worth $2,666,000 after acquiring an additional 9,343 shares during the period. Revolve Wealth Partners LLC raised its position in Qualcomm by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company's stock valued at $391,000 after acquiring an additional 340 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in Qualcomm by 44.3% in the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company's stock valued at $530,000 after acquiring an additional 1,020 shares during the period. Main Street Financial Solutions LLC lifted its holdings in Qualcomm by 6.1% in the second quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company's stock valued at $920,000 after acquiring an additional 333 shares during the period. Finally, Transamerica Financial Advisors LLC boosted its position in Qualcomm by 9.7% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company's stock worth $1,083,000 after purchasing an additional 603 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company's stock.

Insider Activity at Qualcomm

In other Qualcomm news, CAO Patricia Y. Grech sold 829 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $177.82, for a total transaction of $569,024.00. Following the transaction, the executive vice president directly owned 39,735 shares in the company, valued at approximately $7,065,677.70. The trade was a 7.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 21,721 shares of company stock valued at $4,044,465. Insiders own 0.05% of the company's stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is expanding its growth narrative with AI-chip deals and new partnerships, including ties with a major Apple rival, which could help diversify demand beyond smartphones.
• Positive Sentiment: New Snapdragon launches are expected to support Qualcomm’s AI, PC, and handset pipeline ahead of Q3 results, giving investors a potential catalyst if execution is strong.
• Neutral Sentiment: Wall Street is closely watching Qualcomm’s upcoming earnings and key operating metrics to gauge whether recent product momentum is translating into financial improvement.
• Negative Sentiment: Qualcomm’s double-digit chip price increases may reflect rising input costs, but they also raise the risk of customer pushback in already price-sensitive end markets. Article Title
• Negative Sentiment: Broader semiconductor stocks are under pressure from profit-taking, valuation concerns, and unwinding of leveraged AI trades, which is weighing on Qualcomm along with the rest of the sector.

Qualcomm Stock Down 2.4%

Shares of QCOM opened at $166.97 on Friday. The firm has a market cap of $175.99 billion, a P/E ratio of 18.15, a PEG ratio of 5.08 and a beta of 1.63. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $259.92. The stock's 50 day moving average is $203.52 and its two-hundred day moving average is $168.39. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54.

Qualcomm (NASDAQ:QCOM - Get Free Report) last announced its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. During the same period in the prior year, the company posted $2.85 EPS. The business's quarterly revenue was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Analysts predict that Qualcomm Incorporated will post 7.97 earnings per share for the current fiscal year.

Qualcomm Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm's payout ratio is presently 40.00%.

Analysts Set New Price Targets

QCOM has been the topic of a number of analyst reports. Morgan Stanley raised shares of Qualcomm from an "underweight" rating to an "equal weight" rating and raised their price objective for the stock from $146.00 to $231.00 in a research note on Thursday, June 25th. Daiwa Securities Group upgraded shares of Qualcomm from a "neutral" rating to an "outperform" rating and set a $225.00 target price for the company in a research note on Friday, May 8th. BNP Paribas Exane downgraded shares of Qualcomm to a "neutral" rating in a report on Wednesday, April 29th. TD Cowen raised their price target on shares of Qualcomm from $200.00 to $225.00 and gave the company a "buy" rating in a research report on Monday, July 13th. Finally, Dbs Bank raised shares of Qualcomm to a "moderate buy" rating in a report on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-one have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Qualcomm presently has an average rating of "Hold" and a consensus price target of $219.76.

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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